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08032018 - Electricity firms drag FG to court over N1 trn debt

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Vanguard Newspaper

08032018 - Electricity firms drag FG to court over N1 trn

APAPA-OSHODI EXPRESSWAY: Navy gives truck drivers 48 hrs to vacate road •Traffic chaos stalls selfhelp repair works 10 39 PDP to Buhari: Learn from Ghanaian President Imo tops states with 92,890 34 candidates, as 2018 UTME begins 8 ** ** VOL. 26: NO. 63501 THURSDAY, MARCH 8, 2018 Electricity firms drag FG to court over N1 trn debt •Accuse FG of unfair practices, refusal to pay for power generated •Allege favouritism towards 2 coys in gas supply PARADED, RECOVERED By Udeme Akpan LAGOS—The power crisis in the country may worsen as the Power Generation Companies in Nigeria, GENCOs, have dragged the Federal Government before a Federal High Court sitting in Abuja, over alleged preferential treatment to two of its competitors with intent to Continues on Page 5 Mr & Mrs Police Public Relations Officer, Jimoh Moshood displaying one of the rifles, including fake dollars, recovered from 48 paraded suspects (right) in Bosso Divisional Headquarters, Minna, Niger State yesterday. Photo: Gbemiga Olamikan. COLUMNISTS AMAECHI 43 OCHEREOME 30 GAMBO DORI 17 ADAMU 17 PEACE CORPS BILL: Senate moves to override Buhari’s veto 8 Delta under herdsmen’s siege —Okowa 33

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