www.peoplesdaily-online.com
Vol. 9 No. 57
Tuesday, October 30, 2012
. . . putting the people first
Zhul-Hajj 14, 1433 AH
N150
Ribadu Report: ‘We’ll investigate cover-up allegation – Senate By Stanley Onyekwere
F
ollowing the shocking exposure of rot in the country’s oil sector made in the leaked report of the Petroleum
Revenue Task Force, chaired by Malam Nuhu Ribadu, the Chairman, Senate Committee on Gas, Senator Nkechi Nwogu, has assured Nigerians of the Senate’s readiness to investigate the
purported rot and allegation of an official cover-up immediately it reconvenes from its short break. Fielding questions on phone, yesterday during a phone-in radio programme tagged ‘ Factfile’ on
Raypower FM, Nwogu, representing Abia Central Senatorial district, described the report as quite “revealing and shocking”, and the Senate will look into it further.
According to her, the legislators are concerned that among other areas where monies have been identified as belonging to the Nigerian government, revenue Contd on Page 2
Power privatisation
NCP slams Oshiomhole, Fayemi, others As it names final bidders for 5 GENCOS, 10 DISCOS By Abdulrahman Abdulraheem
T
he National Council on Privatisation (NCP) yesterday gave final approval of bidders of Power Holding Company of Nigeria’s successor companies - five generation companies (GENCOs) and 10 distribution companies (DISCOs) - who have met the bid requirements. The Council, however, disqualified Southern Electricity Contd on Page 2
PD INDEX
29th Oct., 2012
CBN RATES BUYING SELLING $ 154.76 155.76 £ 248.1886 249.792 EURO 202.21 203.516 CFA 0.2885 0.3085 RIYAL 41.267 41.5 PARALLEL RATES BUYING SELLING EURO 202 205 £ 243 247 RIYAL 40 42 $ 155.5 158.50
L-R Minister of Steel Development, Engr. Musa Sada, Director-General, Bureau for Public Enterprises (BPE), Dr. Bolanle Onagoruwa, a member of the National Privatisation Council, Chief Atedo Peterside, Minister of State for Power, Dr. Garius Ishaku and Special Assistant to Vice-President Mohammed Namadi Sambo on Media, Malam Sani Umar at a joint press briefing at the State House, in Abuja, yesterday. Photo: Joe Oroye
4 killed, 7 injured in latest Jos violence >> PAGE 2
Kaduna church bombing a daring act, says Yakowa >> PAGE 3
Sultan settles Izala, Darika feud in Mecca >> PAGE 6