Lawmakers Knock TCN over Inability to Explain Power Generation, Summon MD Allege three persons committed Nigerians to $33m monthly payment for Azura power deal Udora Orizu in Abuja The House of Representatives Committee on Finance yesterday frowned at the Transmission Company of Nigeria (TCN) officials over their inability to explain the megawatts
of electricity being generated by Power Generation Companies (GenCos), particularly the Azura power company. The committee chaired by Hon. James Faleke (APC, Lagos) also picked holes in the $33 million being
paid monthly to Azura, lamenting that two or three persons might have sat down to commit Nigeria to such agreement without commensurate value for money. The federal government had signed series of agreements with
Azura — namely the power purchase agreement (PPA) on April 22, 2013, the put/call option agreement (PCOA) on October 22, 2014 and the PCOA “direct agreement” on December 18, 2014, with a clause that the federal government would
“take or pay” for power generated as declared by Azura, “whether or not it is taken by the government-owned transmission company.” The Committee currently investigating the proposed sale of the Nigerian Integrated Power
Project (NIPP) had at the investigative hearing last week, with the Managing Director of NBET, Nnaemeka Eweluka, TCN, and Federal Inland Revenue Service, Continued on page 10
FG Begins Talks with Airlines over Trapped Funds... Page 5 Tuesday 23 August, 2022 Vol 27. No 9996. Price: N250
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Police: Assassination Plot against Ex-speaker, Dogara,True Say a suspect has confessed to plan Disclose further investigation on-going Segun Awofadeji in Bauchi The Bauchi State Commissioner of Police, Umar Sanda, has confirmed there were threats to the life of
former Speaker of the House of Representatives, Hon. Yakubu Dogara. Sanda disclosed that the command had arrested some persons in connection with the
assassination plot, including a retired armourer, and one of the suspects had confessed to the crime. The police commissioner said he had expanded investigation into
the murder plot. Dogara had in a petition to the Inspector General of Police, Usman Baba, sought the intervention of the police headquarters in the
investigation into threats to his life. Speaking with journalists on Sunday, Sanda said a suspect confessed to procuring guns from the police armourers to kill Dogara
and three others. According to the police commissioner, "When we asked who gave Continued on page 10
At NBA Conference, Atiku, Obi, Shettima Decry State of Nigeria, Proffer Solutions PDP presidential candidate pledges to unveil draft constitutional amendments on day one LP presidential candidate says 2023 election not about tribe, religion, but competence APC VP candidate: We'll create Lagos experience all over the country Continued on page 10
2022 NBA ANNUAL CONFERENCE...
L-R: President-elect, Nigerian Bar Association (NBA), Yakubu Maikyau; Vice Presidential Candidate, All Progressives Congress, Senator Kashim Shettima; President, NBA, Olumide Akpata; Chairman, Technical Committee on Conference Planning, Tobenna Erojikwe; Guest Speaker, Chimamanda Ngozi Adichie; Presidential Candidate, PDP, Atiku Abubakar; Edo State Governor, Godwin Obaseki; Presidential Candidate, Social Democratic Party, Mr. Adewole Adebayo, and Presidential Candidate, Labour Party, Peter Obi, during the opening ceremony of 2022 NBA Annual Conference in Lagos... yesterday