Nigeria’s power sector will get a support of $1.75 (about N294 billion) from the World Bank over the next four years.
The Bureau of Public Enterprises (BPE) disclosed this on Monday, though its Head of Public Communications, Chigbo Anichebe, in Abuja.
The statement noted that the funding was made known by the World Bank’s Country Energy Task Team Leader for Nigeria, Mr. Eric Fernstrom, at a Capacity Building Programme on Post Privatisation Monitoring for Power Sector.
According to the statement, the programme was jointly organised by the bank and the BPE, to ensure that the objectives of the power sector reform were realised.
The World Bank loan came following the transparency exhibited in the transaction process and the robust post-reform measures put in place by the National Council on Privatisation (NCP).
According to Fernstrom, the $1.75 billion was 25 percent of a total $7 billion earmarked for Nigeria in the next four years.
The workshop, which was held in Uyo, was aimed at exposing participants to the techniques, methods and information sources for effective Post Privatisation Monitoring and Evaluation of PHCN successor companies.
It was also meant to enable participants to analyse performance targets, using relevant tools as well as expose them to strategies for effective engagement and collaboration with relevant stakeholders.
The workshop attracted participants from critical sector stakeholders, including the Nigeria Electricity Regulatory Commission, Presidential Task force on Power, Transmission Company of Nigeria.
Several Injured As Thugs Attack #EndSARS Protesters, Governor Oyetola In Osun
Some of the vehicles in the Governor’s convoy were also destroyed by the thugs but the Governor himself was evacuated to safety by his security team.
As the convoy was leaving the protest venue, some of the youths continued to stone his vehicles.
While the protest was disrupted, Governor Oyetola assured the injured victims that the government would be responsible for their medical bills.
#EndSARS: Sanwo-Olu Constitutes Panel Of Enquiry
In a bid to quell the #EndSARS protest which is spreading like a raging inferno across the country, Babajide Sanwo-Olu, the Governor of Lagos State has set up a panel of inquiry and restitution for victims of SARS.
This was announced in a statewide broadcast on Thursday.
The panel will be a 7-man panel which will ensure that all those with verifiable cases of SARS brutality or fatality receive compensation.
The Panel will be chaired by retired Justice Doris Okuwobi, while members are Ebun Adegboruwa, SAN (representing the Civil Society), Taiwo Lakanu (a retired Deputy Inspector General of Police), Patience Udoh (representing the Civil Society); Segun Awosanya aka Segalink (Human Rights Activist).
Others are Olutoyin Odusanya (Director, Citizens Mediation Center), a rep/member of the youth-led protest, and a representative of the Human Rights Commission.
There will be a help desk for the complaints and petitions to the panel.
Governor Seyi Makinde Loses 81-Yr-Old Mother
Abigail Makinde, the mother of the governor of Oyo State, Seyi Makinde, is dead.
The Chief Press Secretary to Mr Makinde, Taiwo Adisa, however, told newsmen that the family will soon make an official statement on the death of the deceased.
He said: “Yes. The family will make an official statement.
“The family will soon make an official statement. In the next few minutes, the family will make an official statement, in few minutes.”
It was gathered that Mr Makinde lost his father, Olatunbosun Makinde, a few years ago.
It was learnt that Mrs Makinde died in the early hours of Thursday.
She died at the age of 81.
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