THE
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NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
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Apprehensions as FG begins electricity tariff review Ï Tariff hike likely to begin early 2018
Simon Ugwu
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Electricity consumers across the country are now living in fear following the move by the Nigerian Electricity Regulatory Commission (NERC)
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to review its Multi-Year- Tariff template. Consequently, a number of issues are being proposed for discussion by the regulatory authority as it begins consultations with stakeholders across Continued on page 6
WEDNESDAY, SEPTEMBER 20, 2017 VOL. 3. NO. 454
N150
GLOBAL FINANCIAL/COMMODITY MARKETS
CURRENCIES/CBN CBN: N305.90 PER DOLLAR, Parallel Market: USD N367 POUND N485 EURO N436 NSE: ASI 34, 846.82 MARKET CAP 12.01 FMDQ O/N 10.33 OBB 9.50 COMMODITIES: Wheat US $437.00/MT Rice US $12.78/MT Cocoa US $1,967.00/Bag Coffee US $135.95/Scoop Cotton US $70.82/Unit Sugar US $13.79/Ounce METALS: Gold US $1312.70/Ounce Silver US $17.23/Ounce Copper US $2.95/Ounce ENERGY: Brent US $55.11/PB, N/Gas US $3.14/CB
Buhari in New York: Nigeria’s faith in democracy unshaken Ï Wants UN to stop ISIS infiltration in Lake Chad Basin Ï FG rakes in N2.5trn in 8 months through FIRS Ï Corruption, biggest challenge in Nigeria –Magu
Andrew Orolua, Myke Uzendu and Mathew Dadiya, Abuja
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President Muhammadu Buhari has assured the world that Ni-
geria’s faith in democracy is firm and unshaken, saying that the development can be seen from the 18 years of unbroken democracy in the country and her support to Continued on page 5
Gov Wike to FG: Fight corruption within ambit of law 5 Inability to complete 7-storey court 6 building, my only regret - Ex-CJ Auta FG signs MoU with Sokoto over provision of efficient health 5 care L - R: Permanent Secretary, Federal Ministry of Health, Mr Osarenoma Uwaifo; Minister of State, Health, Dr Osagie Ehanire; Sokoto State Governor Aminu Tambuwal and Minister of Health, Prof Isaac Adewole, during the signing of the Memorandum of Understanding (MoU) between the FMOH and Sokoto State Government in Abuja ... on Tuesday
NCC: Nigeria’s B1 Internet subscriber base remains at 91m