Bloomberg The Central Bank of Nigeria (CBN) has urged stakeholders in the public and private sectors to collaborate to build a more healthy and robust healthcare infrastructure in Nigeria. The CBN Governor, Mr Godwin Emefiele, made the call at a movie launch titled: “UNMASKED”, a feature documentary on leadership, trust and the COVID-19 pandemic in Nigeria. The movie was produced and directed by Mr Femi Odugbemi, a Nigerian documentary filmmaker, and co-produced by Ms Kadaria Ahmed, a renowned journalist, media entrepreneur and television host, on Friday in Lagos. According to Emefiele, addressing the public health crisis along with the downturn in the economy required strong coordination. He said the measures and interventions put in place by the CBN and private sector to improve governme...
Dr Chioma Ejikeme, Executive Secretary of Pension Transitional Arrangement Directorate (PTAD), says implementation of the pension adjustment is in progress. Ejikeme in a statement on Thursday in Abuja through Mr Gbenga Ajayi, PTAD’s Head of Corporate Communications, noted that the implementation was most likely to commence at the end of April, going by the submissions that had been made by all stakeholders. “Ejikeme held a meeting with the National Executives of the Nigeria Union of Pensioners (NUP) led by Dr Abel Afolayan on March 16, where the issue of the implementation of the pension adjustment was openly discussed. “The union gave their understanding at the meeting, the executive secretary told the union that the implementation is most likely to commence at the end of April, going by ...
Electricity consumer groups on Thursday faulted directive by the Nigerian Electricity Regulatory Commission (NERC) to power Distribution Companies (DisCos) to replace obsolete meters under their networks. The groups in an interview with newsmen in Lagos, urged the DisCos to focus on issuing meters to unmetered customers under the ongoing National Mass Metering Programme of the Federal Government. Adeola Samuel-Ilori, the National Coordinator, All Nigeria Electricity Consumers Forum, said the directive by NERC was not a priority for the Nigerian Electricity Supply Industry. “The DisCos have a history of not complying with NERC’S directive and giving them power to take away customers meters under the guise of being obsolete is not the right way to go. “This will only lead to more customers b...
File Photo The Port Harcourt Electricity Distribution Company said five power towers were damaged by suspected vandals at the Elelenwo transmission substation in Obio/Apkor Local Government Area, plunging several communities in Rivers State into darkness. Acting Head, Corporate Communications, PHED, Ngozi Koroye, who disclosed this to newsmen in Port Harcourt, said the installation belongs to the Transmission Company of Nigeria. Koroye explained that the action of the hoodlums caused extensive damage to the facility, noting that the company felt the pains of residents in the affected areas who have been in darkness for over one month. “The outage though regrettable is as a result of extensive damage caused by the activities of electricity vandals to towers 51, 52, 53, 54, and 55. Five towe...
The Enugu Electricity Distribution Company (EEDC), on Monday, said it had begun implementation of the new revised Service Reflective Tariff (SRT) within the South-East. The review was based on the outcome of joint consultative meetings held between Federal Government, labour unions and stakeholders, following concerns expressed over the basis for the Service Reflective Tariff earlier planned to be implemented from Sept. 1, 2020. The Head, Corporate Communications, EEDC, Mr Emeka Ezeh, said in a statement in Enugu that the new revised tariff, which took effect on Nov. 1, was approved by the Nigerian Electricity Regulatory Commission (NERC). Ezeh said that as a result of this development, customers on prepaid platform would begin to experience the revised tariff as they recharge their meters...
The Management of Kano Electricity Distribution Company (KEDCO) says the new tariff increment as approved by Nigerian Electricity Regulatory Commission (NERC) is not applicable to all its customers in Kano, Katsina and Jigawa States. The Management in a statement by Head, Corporate Communications, Ibrahim Sani Shawai, said such clarification become necessary to clear the air on issues around the Band classifications of customers and to put in right perspectives that the tariff increment does not affect all customers. “According to the new tariff, only customers on Bands A, B and C who enjoy a minimum supply of 20, 16 and 12 hours respectively will be affected by the new tariff increment while customers on Band D and E with less than 12 hours of supply per day will not be affected by the in...
The Kano Electricity Distribution Company (KEDCO), says the new tariff regime approved by the Nigerian Electricity Regulatory Commission (NERC) will not affect lower electricity consumers in its franchise. KEDCO’s franchise include Kano, Katsina and Jigawa States. Mr Ibrahim Shawai, Head of Corporate Communications of the company, gave the clarification in a statement issued on Wednesday in Kano. Shawai said that the increase in tariff would be applied only on major electricity consumers who had been categorised into Band A, B and C. He explained that the Band A, B and C consumers enjoyed minimum of power supply between 20, 16 and 12 hours respectively. The spokesman added that lower consumers were also categorised into Band D and E with less than 12 hours of supply per day, adding that th...