Tuesday, June 18, 2019
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ABOUT POLICY RADAR INITIATIVE (PRIN)

The Policy Radar Initiative (PRIN) is a project of the Cable Newspaper Journalism Foundation (CNJF) supported by the John D. and Catherine T. MacArthur Foundation. Its purpose is to “support investigative journalism in Nigeria and to educate the public and other important audiences about issues related to corruption, with a focus on the electricity and education sectors”. The three-year grant runs from January 2017 to December 2019. Under the US law, the MacArthur Foundation is prohibited from directly supporting (a) any activity that seeks to influence the outcome of any domestic or foreign election for public office; or (b) any lobbying or other attempts to influence legislation. Therefore, content is editorially independent. Published materials are not the views of the MacArthur Foundation.

    Abacha Loot: CSOs ask Buhari to fire Malami over $15m ‘dubious’ lawyers fee

Abacha Loot: CSOs ask Buhari to fire Malami over $15m ‘dubious’ lawyers fee

Some civil society organisations have called on President Muhammadu Buhari to find a replacement for Abubakar Malami, the attorney-general of the federation (AGF), over the payment of $15 million to lawyers he engaged for the repatriation of $321 million Abacha Loot.Enrich Monfrini, a Swiss lawyer hired by the federal government since 1999 for the recovery of the loot, had already [...]

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    ANALYSIS: Why Nigeria will remain in darkness a little longer

ANALYSIS: Why Nigeria will remain in darkness a little longer

The unbundling of the Power Holding Company of Nigeria (PHCN) on November 1, 2013, was like a breath of fresh air for the Nigerian power sector that had undergone decades of protracted crisis. The privatisation of the sector was greeted with so much enthusiasm and loads of expectations. Finally, the years of blackouts would soon be over, many had thought. The [...]

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    INVESTIGATION: Prepaid electricity meters — a scheme that became a scam

INVESTIGATION: Prepaid electricity meters — a scheme that became a scam

A year ago, the electricity regulatory body introduced a regulation directing power distribution companies (DisCos) to supply consumers with more prepaid meters. How well has this worked? TheCable, in an investigation spanning across 33 communities in 10 states, finds out that power consumers think whole scheme is a scam.Caroline Aku, a housewife, lives in Lokoja, Kogi state. In September 2018, [...]

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    ‘Not even a flash in 3 weeks’, ‘We enjoy 20 hours per day in PH’ – Nigerians share their experiences on power supply

‘Not even a flash in 3 weeks’, ‘We enjoy 20 hours per day in PH’ – Nigerians share their experiences on power supply

"Sitting down here I can tell you some states have almost 24 hours of power supply,” Babatunde Fashola, minister of power, works and housing, had said at a programme on Channels Television.Fashola's comment sparked mixed reactions. While Shehu Sanni, senator representing Kaduna central, taunted the minister saying the states enjoying almost 24 hours power supply are in other planets, some corroborated what [...]

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    Abacha Loot: Despite outcry, FG secretly pays Malami’s lawyers ‘dubious’ $15m fees

Abacha Loot: Despite outcry, FG secretly pays Malami’s lawyers ‘dubious’ $15m fees

Oladipo Okpeseyi and Temitope Adebayo, two Nigerian lawyers hired for the return of $321 million Abacha loot from Switzerland, have been secretly paid their controversial fees, TheCable can report.Although they were initially to be paid $17 million, it was cut by $2 million and paid following pressure from a very popular Lagos-based pastor who is a political associate of President [...]

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    ANALYSIS: Why electricity generation may plunge further in 2019

ANALYSIS: Why electricity generation may plunge further in 2019

With the latest data from the advisory power team in the office of Vice-President Yemi Osinbajo revealing that the power sector lost a total of N530 billion in 2018, the industry is set to experience tougher times in 2019.Operational constraints from the shortage of gas, poor transmission, weak distribution network, and water reserves factor have become permanent issues to reckon [...]

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    UNDERCOVER: Bribery, massive fraud sabotaging N-POWER scheme

UNDERCOVER: Bribery, massive fraud sabotaging N-POWER scheme

Every month, the federal government spends about N15 billion as stipends on 500,000 volunteers of  the N-Power scheme, a component of the National Social Investment Programmes (N-SIP). Dubbed as the largest post-tertiary employment programme in Africa, the Muhammadu Buhari government sees the scheme as one of its major achievements. Although some critics have said the programme is non-existent, this investigation that [...]

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    Nigeria risks $2.3bn fine as Mambilla power project faces crisis

Nigeria risks $2.3bn fine as Mambilla power project faces crisis

The federal government is at risk of a $2.3 billion fine in arbitration over an alleged breach of contract for the $5.8 billion Mambilla power project in Taraba state.The project, a 3,050-megawatt hydropower facility, has stalled owing to legal and funding crises after Sunrise Power and Transmission Company Limited (SPTCL), a local content partner, was reportedly sidelined in the project [...]

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    Inside Ogoni village where oil spill wipes off ’10 persons every week’

Inside Ogoni village where oil spill wipes off ’10 persons every week’

Eight months after she lost her daughter to oil spill, Annkio Kie (not real name) is still struggling to fight off pain and sorrow. Mary was sick for three years, after what started as mere rashes turned out to be a severe skin disease.“We couldn’t send her to the hospital because there was no money,” Kie says, staring at the [...]

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    The anguish, pains of Osun women who travel distances to deliver dead babies

The anguish, pains of Osun women who travel distances to deliver dead babies

For these women in Osun, pregnancy comes with a heavy burden of fear – whether or not they will live to carry their babies.  The poorly equipped community health centres offer uncertain hopes. Enduring the pains and anguish, they travel distances to towns where they can get affordable healthcare. TAIWO ADEBULU, who visited rural communities in the state, reports.Simbiat went [...]

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Exchange Rates

June 17, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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