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Newspaper Headlines: DisCos get January 1 deadline to end meter upgrade

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
December 4, 2024 7:00 am

The controversy trailing the forfeiture of a 753-duplex estate in Abuja, and the debate on tax reform bills, dominate the frontpages. 

The Punch reports that President Bola Tinubu has directed the ministry of justice to work closely with the national assembly to address concerns raised by Nigerians over the tax reform bills. The newspaper says the house of representatives has ordered the suspension of the reported ongoing mass retirement of staff at the Central Bank of Nigeria (CBN).
Daily Trust reports that northern senators have called for the suspension of further legislative action on the controversial tax bills. The newspaper says South African President Cyril Ramaphosa has cancelled passport submissions for Nigerians during tourist visa applications.
The Nation reports that electricity distribution companies (DisCos) have been given up till January 1, 2025 to complete meter upgrade for all their customers. The newspaper says Babajide Sanwo-Olu, governor of Lagos, has signed the Lagos Electricity Bill 2024 into law.
The Guardian reports that infrastructure deficit in the country is hampering the adoption of compressed natural gas (CNG) vehicles. The newspaper says an Ikeja special offences court has issued an arrest warrant against Ahmed Kuru, a former managing director of Asset Management Corporation of Nigeria (AMCON), after he failed to appear for trial.

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