• Moves to review Take-or-Pay power purchase pactThe Senate yesterday confirmed the appointment of The Guardian’s former editor, Mr. Debo Adesina and 39 others as non-career ambassadors-designate. The lawmaker said the remaining 39 nominees answered the questions posed to them satisfactorily and were, therefore, recommended for confirmation. Also yesterday, the senate resolved to explore legal advice to review the Take-or -Pay Power Purchase Agreement signed in the early part of President Buhari’s administration in December 2015. Suswam, who intervened severally to prevent the senate from erring in its resolutions, explained that there were serious issues involved. “It is the same thing for ACU gas which is an agreement signed with Calabar Power Plant and it is guaranteed by the World Bank.

Source: The Guardian July 23, 2020 03:45 UTC