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Vol. 7 No. 72
Monday, February 13, 2012
Rabiul Awwal 21, 1433 AH
N150
I N S I D E Gunmen kill 5 in Borno, Kaduna
Boko Haram suspects arrested in Katsina
Zambia clinch Afcon title in dramatic style
Unidentified invaders carried out separate attacks in Borno state reputed for the violent activities of the Boko Haram sect; and in the southern part of Kaduna state at the weekend – Page 3
A combined team of security operatives comprising the SSS and military personnel, yesterday raided a hideout of suspected members of the dreaded Boko Haram in Katsina metropolis – Page 4
Zambia have won the African Cup of Nations for the first time in their history after a nail-biting 8-7 penalty shoot-out victory over favourites Cote d’Ivoire in the Gabonese capital Libreville – Page 41
Electricity tariffs double by April By Abdulwahab Isa
E
lectricity tariffs will increase up to 88 per cent under reforms designed to revive the power sector and attract outside investors, the Minister of Power, Mr. Bart
Nnaji was quoted as saying yesterday in Abuja. The proposed new rates, seen by the Financial Times, will be announced in the coming weeks, before the privatization of 18 state-run power generation, distribution and transmission
companies this year. But the move is likely to cause controversy, coming just a month after the removal of fuel subsidies, which caused petrol prices to more than double. The price increase prompted street protests and a weeklong
nationwide strike, forcing President Goodluck Jonathan partly to backtrack. The federal government said the higher “cost-reflective tariffs” for residential and commercial electricity customers were necessary to
ensure that investors could make a profit. Under the new pricing regime, due to become effective in April, tariffs will rise 25-88 per cent, though most customer classes will see a 50 per cent Contd on Page 2
Why 1 Division was bombed – GOC From Agaju Madugba, Kaduna
M
ajor General Joseph Shoboiki, the General Officer Commanding (GOC), 1 Division, Nigerian Army, says the arrest of a gunrunning suspect and a terror group spokesman by his men, precipitated the February 7 bomb attack on the division’s Kawo, Kaduna headquarters. Contd on Page 2
Zambia players celebrate their penalty shoot-out victory over Ivory Coast at the end of the Africa Cup of Nations final at the Stade de l’Amitie in Libreville on February 12. Zambia won the match 8-7 on penalties after the game finished 0-0 after extra-time. Photo: AFP / Franck Fife
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