Revisit Elumelu Power Panel Report, IBPS Urges National Assembly

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Jimoh Babatunde 24 June 2011 The Director General of the Nigerian Tourism Development Corporation, Otunba Olusegun Runsewe, has said that tourism holds the key to Nigeria economic diversification as it is a veritable tool for stimulating rapid economic growth and development. Runsewe who was speaking at a breakfast meeting on "Investment Opportunities in the Tourism Sector for the FCT" organized by the Abuja investment Company, listed the vast opportunities which the tourism and hospitality sector in Nigeria offers. "The development of Tourism as a critical sector of the economy has gradually assumed a centre stage in the economic agenda of most nations of the world.

Vanguard (Lagos)

Festus Ahon

24 June 2011

Ughelli — THE Initiative for Better Power Supply, IBPS, a non- governmental organisation, NGO, yesterday, called on the National Assembly to revisit the Ndidi Elumelu Power Panel Report and secret accounts, allegedly illegally operated by some zonal offices of the Power Holding Company of Nigeria, PHCN.

IBPS in a statement by its National Coordinator, Don Emmanuel Onose, alleged that the PHCN “is one organisation where the mantra of zero tolerance to corruption is virtually meaningless.

“It is one utility whose failure is largely responsible for the sorry state of the Nigerian economy because of the central supply of electricity to all facets of national life. The government has been committing a lot of funds to the reorganisation of the company and for the improvement of its services.”

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Revisit Elumelu Power Panel Report, IBPS Urges National Assembly