With Security Escorts, Obasa Storms House, Declares Self Speaker 45 Days After Removal Colleague-lawmakers reject him, Meranda’s security withdrawn Atiku: It’s betrayal of democracy, throwback to military dictatorship
Chiemelie Ezeobi, Segun James, Nume Ekeghe in Lagos and Chuks Okocha in Abuja
The crisis rocking the Lagos State House of Assembly, took a rather worrisome dimension, yesterday, as
the ousted former Speaker, Mudashiru Obasa, stormed the House with the alleged presidential aid and security
clearance, and declared himself the substantive Speaker exactly 45 days after he was removed as Speaker.
Ahead of the move that caught other lawmakers napping, security personnel attached to Obasa’s suc-
cessor, Mrs. Mojisola Meranda, had Continued on page 9
Murdered Lawmaker: Onitsha Community Demands Justice, Asks IG to Take Over Investigation... Page 37 Friday 28 February, 2025 Vol 30. No 10918. Price: N400
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FG Approves N758bn FGN Bond to Fully Offset Outstanding Pension Liabilities Under CPS James Emejo in Abuja
R-L: Chief of Staff to the President, Femi Gbajabiamila; President Bola Ahmed Tinubu; Chairman, Airtel, Sunil Mittal; and Director, Transformation at Airtel Africa Ltd., Sunil Tadar, during the president’s audience with the Airtel delegation at the Presidential Villa, Abuja, yesterday
Director General, National Pension Commission (PenCom), Ms Omolola Oloworaran, yesterday, disclosed that Continued on page 9
FG: Over 60% of Nigerian Companies Have Exited National Power Grid Releases national policy on power Sector revenue grew 70% to N1.7tn in 2024 Debts owed Gencos now N4tn, $2bn investment recorded last year, says Adelabu $32bn investment required in five years to achieve uninterrupted supply Govt mulls cost-reflective tariffs, says N700bn available for meters’ purchase Emmanuel Addeh in Abuja For the first time in decades, the federal government yesterday released a National Integrated Electricity Policy (NIEP) to drive the transformation of Nigeria's power industry and ensure the return of over 60 per cent of manufacturing firms, which had exited the national grid. At the event, where the Integrated
Resource Plan (IRP) was also made public, in collaboration with the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF), Minister of Power, Chief Adebayo Adelabu, stated that through the support of stakeholders and the execution of the Band ‘A’ policy, revenue generated from the power sector grew by 70 Continued on page 9
A CHIP OFF THE OLD BLOCK...
L-R: The Mutawali of Ilorin, Dr. Alimi Abdulrazaq, being congratulated by former Chief Justice of Nigeria, Justice Alfa Belgore, after his induction as a member of the prestigious Body of Benchers. The induction reignites the legacy of his late father, AGF Abdulrazaq, who was a former Chairman of the Body of Benchers and the first lawyer from Northern Nigeria