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Newspaper Headlines: 12 states plan power projects as anger spreads over tariff hike

Newspaper Headlines: 12 states plan power projects as anger spreads over tariff hike
April 05
07:00 2024

Reports on the hike in electricity tariff, and the alleged corruption charges against Abdullahi Ganduje, former governor of Kano, suffuse the frontpages of the dailies. 

The Punch reports that Lagos, Kano, and 10 other states have concluded plans to start generating power in their respective states in conformity with the Electricity Act 2023. The newspaper says the Manufacturers Association of Nigeria (MAN) said its members have lost at least N1.5 trillion in the last six months to forex-related transactions.

Daily Trust reports that bandits have launched fresh attacks in Kaduna and the federal capital territory (FCT), killing a community leader and abducting some family members. The newspaper says the Kano state government has filed an eight-count charge against Ganduje, former governor of Kano, and his wife.

The Guardian reports that hosting mega events in Nigeria has failed to facilitate infrastructural development due to wastage and corruption. The newspaper says the Economic and Financial Crimes Commission (EFCC) will arraign Okuneye Idris Olanrewaju, the social media celebrity popularly known as Bobrisky, over an alleged N180.7 million money laundering crime.

Vanguard reports that the Nigeria Electricity Regulation Commission (NERC) has disagreed with electricity distribution companies (DisCos). The newspaper says the All Progressives Congress (APC) in Rivers has alleged that Siminalayi Fubara, governor of the state, is plotting to obtain court orders to declare the state assembly illegal.

THISDAY reports that the NERC has justified the hike in electricity tariff, saying it will bolster electricity supply nationwide. The newspaper says the naira sustained its gains at the official window as it traded at N1255.07/$1 on Thursday.

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