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THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

dailytimesng

FG to probe abandoned N37bn PHCN’s meter contract

Ï G ƌ ƒƆ Ɛ Ɔ ƆƏ ƐƆ ƢƠƠ Lz Simon Ugwu

ÏÏÏ

The federal government will revisit abandoned 2003 N37 billion NEPA/PHCN fraudulent contract, Power, Works and Housing Minister, Mr. Babatunde Raji Fashola, has said. Fashola, who was the guest lecturer at this year’s edition of the public lecture series of the Department of Economics of

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the University of Lagos, recently, spoke on ‘Power sector reforms: Challenges and the way forward.’ According to the minister, the Federal Government wants to improve power on sustainable basis. Through the Power Sector Reform Programme (PSRP), the government, he said, would achieve, among others, the metering of Continued on page 6

MONDAY, JULY 31, 2017 VOL. 3. NO. 411

N150

GLOBAL FINANCIAL/COMMODITY MARKETS

CURRENCIES/CBN: CBN: MƢƠÕêÕǀ ^&` #RGG `è Parallel Market: USD MƢÕƿ POUND Mƿƣƿ EURO Mƿƾǀ NSE: d9 ƢÕè ƤÕƿêƣơ MARKET CAP ơƾêƣơƐƏ 0L#_ RƃM ǀêƤƢ R ǀêƠƠ COMMODITIES: Wheat nd ƿƤơêƠƠƃLj Rice nd ơƾêƿƾƃLj Cocoa nd ƾèƠÕƠêƠƠƃ Coffee nd ơƢƣêƤǀƃdƅ ƍ Cotton nd ƣƠêƾƾƃn ƈƐ Sugar nd ơƿêƢƣƃRƑ ƅƆ METALS: Gold nd ơƾƣǀêƢƠƃRƑ ƅƆ Silver nd ơÕêÕÕƃRƑ ƅƆ Copper nd ƾêƤƣƃRƑ ƅƆ ENERGY: Brent nd ǀƾêǀƾƃ^ è N/Gas nd ƾêÖƿƃ

FOI: Daily Times writes NASS over spending on Constitution amendment Ï #Ɔƌ Ɨ ƗƆƐ ƈƋ Ƈ ƌ Ɔƕ ƍƆ Ɛ Ƅƕ &ƊƓƆƏƆƌ ƗƑ ƐƐƆƆ Ï zƆ ƅ ƐƈƋƋ ƏƆƒƈƆƓ ƑƏ Ɛ ƅƆ ƏƆ ƐƏƑƅƐƑƏƈ ƇƐƆƏ ƏƆƅƆ -Saraki Ï 01 ƕƆƐ Ɛ Ɛ ƊƆ ƗƆƅƈ ƈ Ƌ Ɠƌ ƊƆƏ ô ƅƐƈ - Presidency

Olufemi Samuel, Chris Emetor, Mattew Dadiya and Francesca Iwambe, Abuja

ÏÏÏ Prodded by demands from certain

sections of the public on the need to know the actual amount of money Continued on page 12

Osinbajo orders security agencies to rescue kidnapped oil workers, others 6 Banks leverage on B1 digital innovation to attract customers j Ƒ Ɨƈ ƏƑƍƐ dƆ Ɛ Ə d ƈè 6Ƒ ƊƑƕƈ ƍƏƆ ƄƏƈƆƇƈ ƈ E ƗƑ 7 Gé`ë yƈƅƆ ƅƆƋƋ Əè n ƌ Ƒ # Ƈ Ɨƈƕ n ƈƒƆƏ ƈƐƕè d Ɗ Ɛ è ^Ə Ƈê ƄƗƑƋƋ ƈ ƄƗƑ ƑƏƑì `Ɔ ƈ Ƌ #ƈƏƆƅƐ Əè n ƈƐƆƗ Ɗ Ƈ Ə ƇƏƈƅ æn ç ^Ƌƅè 6 Ɖƈƕ ƈ M ô ƋƋ ì &ƔƆƅƑƐƈƒƆ #ƈƏƆƅƐ Əè M ƏƐ è n ^Ƌƅè 9ƄƏ ƈƌ ^ƑƏƈì d Ɗ Ɛ dƐ ƐƆ 1 ƒƆƏ Əè ƌƈ Ƒ j ƌƄƑƓ Ƌì ƈƏƌ è n ^Ƌƅ Ɨ 0 Ƒ ƗƆƏè j ƕ &ƋƑƌƆƋƑ 0 Ƒ Ɨ Ɛƈ è LƏê j ƕ &ƋƑƌƆƋƑ Ɨ Ƈ ƏƌƆƏ &ƔƆƅƑƐƈƒƆ #ƈƏƆƅƐ Əè n ^Ƌƅè Ƌ Ɖƈ ƄƗƑƋƎ ƗƈƏ ƆƋƋ è ƗƑƏƈ ƅ ƑƏƐƆ ƕ ƒƈ ƈƐ Ƅƕ &ƋƑƌƆƋƑ Ɛ Ɛ Ɔ ƒƆƏ Əè Ɔ Ɨ Ƈ Ɛ Ɔ M Ɛƈ Ƌ #ƈ Ƌ ƑƆ dƆƏƈƆ Ɠ ƆƏƆ &ƋƑƌƆƋƑ ƍ ƊƆ & ƐƏƆƍƏƆ ƆƑƏ ƈƍë ƐƈƗ ƐƆ Ɛ Mƈ ƆƏƈ ƑƐ n ƆƌƍƋ ƕƌƆ Ɛè Ɛ Ɛ Ɔ n ƌ Ƒ # Ƈ Ɨƈƕ n ƈƒƆƏ ƈƐƕ ƈ d Ɗ Ɛ Č Ɛ Ɛ Ɔ ƓƆƆƊƆ Ɨê

6 Ɠ R Ɨ ƗƆƍ ƒ Əƈ ƊƆƗ ƋƈƇƆ Ɛ ƆƅƑƏƆ ƄƗƑƅƐƆƗ G ƍƑƍƈƋ 7


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