Aug 1st, 2013

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Nigeria’s widest circulating newspaper

Court stops PDP convention NEWS

Page 8

•Oyinlola secures injuction

News Why Lagos moved destitute P57 Sports Enyeama is French club’s No.1 P24 Business CBN spends N114b on notes P11 www.thenationonlineng.net

VOL. 8, NO. 2563 THURSDAY, AUGUST 1, 2013

TR UTH IN DEFENCE OF FREEDOM TRUTH

N150.00

Group wins Afam plant with $260m

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From John Ofikhenua, Abuja

N energy firm - Televeras Group — which is jointly owned by Nigerians and British West Indies, emerged yesterday the preferred bidders for Afam Power Plc, with an offer of $260,050,000. Its only rival, TES Power Limited, offered $222,900,000 for the firm. For Kaduna Electricity Distribution Company, an indigenous power firm, Northwest Power Limited, won the bid, with an offer of 29.29 per cent Aggregate Technical, Commercial and Collection (ATC&C) to defeat five other bidders. Its closest rival, Leda Consortium, scored 26.71 per cent at the opening of the commercial bids for the privatisation of the power entities conducted in Abuja.

•Forte Oil Plc Chairman Femi Otedola (right) ringing the bell to close the market at the Nigeria Stock Exchange (NSE) in Lagos…yesterday. With him (from left) are: the company’s Group Executive Officer Akin Akinfemiwa, NSE President Aliko Dangote and NSE Director-General Oscar Onyema. PHOTO: JOHN EBHOTA

Continued on page 11

Buhari, Tinubu, ANPP: new dawn as INEC okays APC SEE ALSO PAGES 4&5

PDP: we’re not threatened

Rivers House Leader in court •Plea not taken

From Yusuf Alli, Gbade Ogunwale, Vincent Ikuomola, Victor Oluwasegun, Dele Anofi, Gbenga Omokhunu, Abuja and Tony Akowe, Kaduna

From Rosemary Nwisi,

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ETAINED Rivers State House of Assembly Majority Leader Chidi Lloyd was in court yesterday, but his plea was not taken. A six- count charge is preferred against Lloyds by the Commissioner of Police (CP), Mbu Joseph Mbu, for his alleged role in last month’s fracas at the Assembly. Lloyd, a three-time lawmaker representing Emuoha Local Government Area, is being held by the police for allegedly using a fake mace smuggled into the chambers by five-antiAmaechi lawmakers to hit Micheal Chinda. His lawyer, Beluolisa Nwofor (SAN), earlier yesterday, queried the right of Donald DENwigwe, a private lawyer, to appear in a criminal charge by the police without a fiat from the Attorney-General of the state (A-GS). He urged the

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ROM opposition politicians to the ruling Peoples Democratic Party (PDP) came yesterday a stern warning: be prepared to quit in 2015. The warning followed the registration of the All Progressives Congress (APC) — the vessel with which progressive forces will fight the 2015 electoral battle — by the Independent National Electoral Commission (INEC). The APC is the baby of the merger of the three main opposition parties – the Action Congress of Nigeria (ACN), the All Nigeria Peoples Party (ANPP) and the Congress for Progressive Change (CPC) - as well as a part of the All Progressives Grand Alliance (APGA). The main parties in the merger ceased to exist following the registration of the APC. INEC, in a statement by its Secretary Abdullahi A. Kaugama, said: “The Independent National Electoral Commission (INEC) has approved the apContinued on page 2

Port Harcourt

court to erase him from the •Lloyd (second right) surrounded by policemen in court...yesterday

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•PRESIDENCY WANTS GIRL IN ETSU NUPE’S PALACE BACK WITH PARENTS P7


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