Peoples Daily Newspaper, Friday 22, February, 2013

Page 1

www.peoplesdailyng.com

Vol. 10 No. 40

Friday, February 22, 2013

. . . putting the people first

Rabiul Akhir 12, 1434 AH

N150

ACF wants probe of Adamawa: ‘Decision of NASS set to override Jonathan military recruitments, PDP NWC to recall promotions ousted chairman illegal’ over 2013 budget >> PAGE 3

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FG signs transaction pact with PHCN successor companies

T

he Federal Government yesterday signed transaction and industry agreements with successor companies of the Power Holding Company of Nigeria, PHCN, to kick start full commencement of

reform of the country's electricity supply industry. The endorsement of the transaction agreement which marks the actual handover of the unbundled PHCN companies to core investors is coming a day after

President Goodluck Jonathan approved a total of N384billion for the settlement of all outstanding benefits of PHCN staff. The PHCN workers had insisted on payment of their full entitlements before government

hands it over to the different successor companies that emerged in the privatization process. Speaking at the signing ceremony yesterday at the State House, Vice President Namadi

Sambo, who is also the chairman of the National Council on Privatization (NCP) said the first set of the agreements is on power purchase signed between the Nigeria Bulk Electricity Trading Contd on Page 2

Jonathan’ll return in 2015, says PDP Ruling party no respecter of agreement-CPC By Lawrence Olaoye and Joy Baba

I

ndications emerged yesterday that the Peoples Democratic Party (PDP) may have perfected strategies to ensure that President Goodluck Jonathan returns to Aso Rock despite the claims by a governor on the platform of the party that he promised in 2011 to rule for a single term. This disclosure was made by the PDP Woman Leader, Ambassador Kema Chikwe, at the presentation of 'PDP Women in Power 2013 calendar' in Abuja. Chikwe who commended the Contd on Page 2

PD INDEX

19th Feb., 2013

CBN RATES $ £ EURO CFA RIYAL

BUYING 154.74 239.72 206.11 0.2954 41.26

SELLING 155.74 241.27 207.44 0.3154 41.52

PARALLEL RATES EURO £ RIYAL $

BUYING 208 254.50 42 157

SELLING 210 257.50 43 158

L-R: Lagos state Deputy Governor, Mrs. Adejoke Orelope-Adefulire, Ogun state Governor, Senator Ibikunle Amosun, Chairman, Eko Atlantic City, Mr. Ronald Chagoury, Speaker, House of Representatives, Hon. Aminu Tambuwal, Lagos state Governor, Mr. Babatunde Fashola, President Goodluck Jonathan, former American President Bill Clinton, and Senator Ahmed Bola Tinubu, during the dedication of 5,000,000 Sqm Eko Atlantic City, yesterday in Lagos. Photo: NAN


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