Power Theft, Destruction of Electricity Facilities Now Carry 3 Years Imprisonment NERC lists timelines for fixing customers’ complaints Power tariff hike absurd, say electricity workers
Emmanuel Addeh in Abuja and Ugo Aliogo in Lagos
The new Electricity Act 2023 (EA) prescribes more punishment for Nigerians who steal power, illegally
connect electricity, tamper with metering devices, or embark on destruction of facilities belonging
to operators in the value chain. The new law, which replaces the Electricity Power Reform Act
or at least three years imprisonment
(2005), prescribes a conviction of a fine not less than three times the amount calculated for the infraction
Continued on page 5
Financial Times: Currency Crisis Pushing Consumer Products' Firms from Nigeria...
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Monday, April 15, 2024 Vol 29. No 10596. Price: N400
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APC Must Retain Ondo, South-west States, Sanwo-Olu Admonishes Fellow Governors...
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Fraud Investigation into Humanitarian Ministry, EFCC Recovers N32.7bn, $447,000 Probes graft in world bank loan, Abacha loot, Covid-19, celebrities abusing naira
Kingsley Nwezeh in Abuja
The Economic and Financial
Crimes Commission (EFCC), weekend, said it had recovered N32 billion and $447,000 in the
ongoing investigation of the Ministry of Humanitarian Affairs and Poverty Alleviation.
EFCC was investigating suspended Minister of Humanitarian Affairs, Betta Edu,
following the alleged approval of N650 million payment into a private account.
President Bola Tinubu had Continued on page 5
Israel: By Launching 300 Ballistic Missiles, Drones, Rockets, Iran Has Declared War Says it’s mulling options, discussing with allies G7 meets, restates commitment to security of Israel, US distances self from counter-attack Russia warns against further escalation in Middle East Nigeria calls for restraint Kingsley Nwezeh and Michael Olugbode in Abuja with agency reports The Israeli president, Isaac Herzog, weekend, said the latest attacks from Iran constituted a “declaration of war” against the State of Israel. Israel, which said it was
already mulling the options before it, since it understood the repercussion of what had happened, also disclosed it was discussing with its partners across the world. The G7 also met in the light of the development and to review Continued on page 5
OBA OF LAGOS VISITS TINUBU... L-R: Oba of Lagos, Oba Rilwan Akiolu and President Bola Ahmed Tinubu, during Sallah homage to the president at his Lagos residence... yesterday