May 9

election of Gov. Ademola Adeleke of Osun State.

The appellate court, in a unanimous decision by a threemember panel of Justices, held that the appeal Adeleke lodged to challenge his sack by the Osun State Governorship Election Petition Tribunal, was meritorious.

Aside from setting aside the judgment of the tribunal, the court, in its lead judgment that was delivered by Justice Mohammed Lawal, awarded N500, 000 cost against the All Progressive Congress, APC, and its candidate, Gboyega Oyetola.

Not satisfied with the decision of the appallete court, Oyetola headed to Supreme Court for exploration of more legal options.

Osinbajo applauds Transcorp Power Ltd on delisting from BPE

By Egena Sunday Ode

Vice President Yemi Osinbajo and Chairman of the National Council on Privatization (NCP) Monday, extolled Transcorp Power Ltd for being delisted from the routine evaluation and monitoring of the BPE.

The routine evaluation and monitoring is an important feature of the post-acquisition plan by the BPE and it has covenants and deliverables which the enterprise is supposed to live up to Transcorp Power PLC has been able to ensure compliance with all of the deliverables and in some cases even exceeding the covenanted deliverables in the PAP, the Vice President said.

Osinbajo said that the presentation of the delisting certificate to the owner of Ugheli Power Plant, Transcorp Ltd was commendable.

Speaking at the presentation of the Delisting Certificate from BPE routine monitoring and evaluation in his office at the Presidential Villa, Abuja, Osinbajo commended the management of Transcrop Power PLC, led by Tony Elumelu and members of the Transcrop power team.

He also to commended the BPE for doing an excellent job of monitoring and being able to come up with an objective not just a set of criteria, but also an objective means of deciding that “we’re able today to delist the Transcrop Power Plc.”

“We’ve also heard today that the Transcrop Power can deliver efficiently and it can do so even way beyond the expectations of the PAP,” the Vice President said.