OBAFEMI HAMZAT LAMENTS HIGH ELECTRICITY TARIFF, SAYS HIS BILL ROSE BY 974% IN A MONTH. (PHOTO).

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 Obafemi Hamzat laments high electricity tariff, says his bill rose by 974% in a month Obafemi Hamzat, deputy governor of Lagos state, says his electricity bill inexplicably skyrocketed from N2.7 million in March to N29 million in April. Hamzat said the electricity distribution company (DisCo) also frustrated his efforts to utilise the prepaid meter he procured. Punch reports that the deputy governor spoke on Monday during a roundtable discussion between the Rural Electrification Agency (REA) and the Lagos state government in Victoria Island. Both parties were billed to sign a memorandum of understanding (MoU) for the electrification of rural communities in Lagos. Hamzat, who represented Babajide Sanwo-Olu, governor of Lagos, at the event, decried what he called “crazy bills” from DisCos. “People that are trying to survive, and the common denominator for them is power. They don’t have power. There are billing challenges. In fact I’m a very good example,” he said. “Last month, in my...
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NIGERIA LOSING BEST BRAINS TO JAPA SYNDROME- AFDB PRESIDENT. (PHOTO).

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Nigeria Losing Best Brains To Japa Syndrome — AfDB President

The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has called on African leaders to create quality jobs for their teeming unemployed youths to stem the trend of brain drain bedevilling the continent.

Adesina said in Abuja on Friday at the second Veritas University Digital Innovations Exhibition and 12th convocation lecture that Nigeria was losing its best brains to Japa syndrome.

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