...towards a better life for the people
**
VOL. 25: NO. 61781
ONLINE | www.vanguardngr.com
N150
MONDAY, DECEMBER 24, 2012
G r o u p M a n a g i n g Director, Access Bank, Mr Aigboje AigImoukhuede (left), welcoming Mr. Jeffrey Hawkins, United States Consular General to the b a n k ' s headquarters in Lagos.
NASS passes N4.987trn AFCON: Osaze blastsBudget Keshi 2013 •Pg.56
•He wants to be Eagles captain — Keshi
S T E A D Y P O W E R S U P P LY :
Nigerians to wait longer —Investigation •Faulty plants frustrate power generation •38 turbines out of operation •N17.9bn spent annually on generators
BY CLARA NWACHUKWU
L
AGOS — NO fewer than 38 electricity generating turbines are grounded in various power plants in the country, Vanguard investigations can reveal. These technically faulty gas turbines, as a result, are unable to generate their required power output, thus compounding Nigeria’s already poor electricity supply situation.
Excuses and more excuses For a while now, Nigerians have been given all manner of excuses for the
Continues on page 5
LES LEBA
Killing us softly with subsidies •P.40 DELE SOBOWALE
Vision 2020: 20: How •P.41 realistic?
Mr & Mrs
CHRISTMAS CAROL: From left: Prince Segun Adesegun, Deputy Governor, Ogun State; former President, Chief Olusegun Obasanjo; Mrs. Funso Amosun and Governor Ibikunle Amosun of Ogun State during the Christmas Carol Service at the June 12 Cultural Centre, Kuto, Abeokuta, Ogun State, weekend. Photo: Wumi Akinola.
No rift between Jonathan, Obasanjo, Abati tells —P.11 Dokubo
Next year 'll be —P.6 better —Jonathan