LBN News Digest: Nigeria's Abandoned Youths, Potential Recruits for Militants?, Senate Probes on Subsidy, Fashola Urges Diversity

‘Government will offset N340b PHCN liabilities’
The Nation Newspaper
By John Ofikhenua – Mr. Samuel Agbogun is Managing Director, NigeriaElectricity Liabilities Management Limited (NELMCO), one of the companies set up by the Federal Government to manage the liabilities of the Power Holding Company 

Putting power sector reforms on a scale
The Nation Newspaper
That reform, which came about through the enactment of Electric Power Sector Reform Bill, EPSRB, started the process of privatising the Power Holding Company of Nigeria. In line with this reform, the Federal Government was expected to retain the 

FG weeds ‘briefcase’ fuel importers
Effectively, the over 100 “briefcase” companies that appeared at the House of Representatives public hearing on fuel subsidy have been eliminated in the new regime which Dr. Okonjo-Iweala said would be open for monitoring by all Nigerians.

Fashola Urges Nigerians To See Diversity As Source Of Strength, Blessing
P.M. News (blog)
$Governor Fashola who spoke at the Peacock Hall of the Island Club, Lagos where the Bauchi State Governor, Alhaji Isa Yuguda delivered a business luncheon lecture titled: “Nigerian Unity, Marching Forward to African Greatness” said if God wanted human 

Chairman of the Committee, Senator Magnus Abe, who issued the summon also ordered the management of PPPRA and Petroleum Product Marketing Company of Nigeria, PPMC to appear before it tomorrow to explain why approvals were given to unqualified companies 

Nigeria’s Abandoned Youth: Are They Potential Recruits for Militants?
18, 2012 Smoke rises from the police headquarters as people run for safety in Nigeria’s northern city of Kano, January 20, 2012. In a small stone, tin-roof building in Regassa in the northern Nigeriancity of Kaduna, in a room whose walls are decorated 


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