To Boost Power Availability in Nigeria, NERC Directs System Operator to Limit Supply to Benin, Niger, Togo Caps supply to cross-border customers at 6% of total output FG, NSIA to inject N1tn to close seven million electricity metering gap Emmanuel Addeh in Abuja and Peter Uzoho in Lagos The Nigerian Electricity Regulatory
Commission (NERC) has ordered the System Operator (SO), a department in the Transmission Company of Nigeria (TCN) to commence the
capping of power supply to crossborder customers in Benin Republic, Niger and Togo, in a bid to increase power availability to Nigerians.
This is coming as the Minister of Power, Chief Adebayo Adelabu has disclosed that the federal government and the Nigerian
Sovereign Investment Authority (NSIA) will make capital injections of N750 billion and N250 billion annual debt financing, respectively, to bride
the huge electricity metering gap in the country that currently stands at Continued on page 5
See eCopy of THISDAY Style on www.thisdaylive.com Sunday, May 5, 2024 Vol 29. No 10616
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GTCO, Zenith Bank, Access Bank, Five Others Declare N1.13tn Profit in Q1 2024… Page 6
Don’t Allow US, French Military Bases in Nigeria, Northern Thought Leaders Tell Tinubu Kingsley Nwezeh in Abuja Top northern intelligentia have written
to President Bola Tinubu, kicking against the relocation of United States and French military bases from the
Sahel to Nigeria. In a letter dated May 3, 2024, and addressed to President Tinubu and
the National Assembly leaders, the northern elders urged the federal government to resist such pressures.
The letter stated that the US and France are lobbying Nigeria and other Gulf of Guinea nations
for defence agreements to station Continued on page 5
Banditry Now BusinessVenture for Security Agents, Govt Officials, Katsina Gov Raises the Alarm Says one bandit leader has over 100 camps in his state Kebbi gov vows to sign death warrant against bandits’ informants
Francis Sardauna in Katsina Governor Dikko Radda of Katsina State has accused some government officials and security personnel of aiding banditry in the country, saying that banditry has become a business venture for these officials. The governor, who revealed that one bandit leader has over 100 camps in his state, said poverty has made recruitment into banditry easy, adding that as little as N500 could lure youths. This is coming as Kebbi State Governor, Nasir Idris, has said he will sign a death warrant on any informant who is convicted in the state for volunteering information to bandits. The northern region has in recent years been battling banditry, kidnapping, and a range of security
issues as criminal gangs known locally as bandits have repeatedly raided places mostly in rural areas in the northern region, abducting many and killing others. President Bola Tinubu’s top priority is to curb insecurity, which many have attributed to politics. But speaking at the weekend during a television interview, Governor Radda ruled out political undertones, insisting that poverty and injustice are major drivers of insecurity. He said negotiating with bandits would not be an efficient approach to addressing the menace of banditry. “It is a business venture for the criminals and a business venture for some people who are in government and some people who are in the Continued on page 5
Nigerians in a Hurry to See Positive HONOURED BY HIS PEOPLE… of the Senate, Senator Godswill Akpabio (left), and Governor of Akwa Ibom State, Pastor Umo Eno, during the grand reception organised by Akwa Changes, Sultan Tells Leaders... Page 14 President Ibom North West senatorial district in honour of the Senate president, in Ikot Ekpene, Akwa Ibom State…yesterday