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Nigerian government mulls TCN’s unbundling, partial concession to boost power supply

The federal government is considering the unbundling and partial concession of the Transmission Company of Nigeria (TCN) to boost its efficiency in the government’s bid to improve power supply. Director, Energy, Bureau of Public Enterprises (BPE), Mr. Yunana Malo, said during the March edition of “the Electricity Hub” conversation series on power that the National Council on Privatisation (NCP) had directed that a proper strategy should be mapped out for the unbundling of TCN. He stated that the government believed that all the players in the energy value chain should be able to align with the needs of the power sector seamlessly, adding that the right environment is being created for the transmission component to match generation and distribution. Malo said data was key to making decision...

Senate considers bill to unbundle NIPOST

The Senate has commenced moves to unbundle the Nigerian Postal Service with the consideration of a bill to repeal and re-enact the Nigerian Postal Service Act 2004. The bill which scaled second reading on Tuesday was sponsored by Senator Oluremi Tinubu (APC, Lagos Central). Leading the debate on the general principles of the bill, Tinubu said the piece of legislation seeks a reform of the Postal Industry and to make Comprehensive Provisions for the Development and Regulation of Postal Services in Nigeria. According to the lawmaker, the Nigerian Postal Service (NIPOST) which dates as far back as 1852, evolved from an exigency of the colonial administration to a Collection Office of the United Kingdom and eventually, to the NIPOST. She recalled that as at 1st of October, 1960, when Nigeria g...

Nigerian Army appoints new NDA commandant

Major-General Sagir Yaro has been appointed as the commandant of the Nigeria Defence Academy (NDA). The NDA is a military university based in Kaduna. Bashir Jagira, the academy’s spokesperson, in a statement on Wednesday said Yaro is taking over from Jamil Sarham, also a major-general who is now to proceed on a senior research course at the National Institute for Policy and Strategic Studies (NIPSS) Kuru, Plateau state. Jaguar described Yaro as a seasoned military officer of the Nigerian Army Corps of Engineers, and member of the 36th regular course of the NDA, who has held several appointments cutting across command, staff and instructional. Until his appointment, Yaro was the general managing director, Nigerian Army Welfare Limited by Guarantee (NAWLG). While addressing principal staff o...

Ekiti governor urges Nigerians to disregard unfounded theories about coronavirus vaccines

Ekiti State Governor, Dr Kayode Fayemi, has urged Nigerians to disregard any unfounded theories about the efficacy and effects of the COVID-19 vaccines on them saying it is unnecessary introducing sentiments to the health and well-being of the people for whatever reasons. The governor who received the Oxford/AstraZeneca COVID-19 vaccine alongside his deputy, Otunba Bisi Egbeyemi, and some frontline health workers on Wednesday emphasised that all hands must be on deck to ensure all indigenes know that the vaccine is safe. He spoke while flagging off the vaccination exercise in Ado-Ekiti, the state capital. Fayemi who stated that his administration had put in place measures to ensure that residents have equitable access to the vaccine said, “The availability of COVID-19 vaccines and its glob...

CNG: Northerners should be wary of Yayaha Bello, Femi Fani-Kayode

The Coalition of Northern Groups, CNG, has said that Kogi State governor, Yahaya Bello, and Chief Femi Fani-Kayode, fooled the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria, AUFCDN, to suspend its strike action and resume supply of food items to the South. It also said northerners should be wary of the duo, who it accused of being driven by personal interests and not the interest of the North. The leading northern group said this in a statement by its spokesman, Suleiman Abdul-azeez, made available to newsmen today. The statement reads: “The Coalition of Northern Groups CNG is of the view that the conclusion to suspend strike action embarked by the cattle and foodstuff dealers under the aegis of the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN) was fo...

Okomu Oil Palm wants central bank to review anchor borrowers programme

Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture. The ABP is targeted at smallholder farmers engaged in the production of rice, maize, wheat and cash crops like oil palm, cocoa and rubber, among others. Speaking with newsmen on Monday in Benin, Okomu Oil’s Managing Director, Dr Graham Hefer, noted that cash crop farmers were yet to fully benefit from the programme. He said food crop farmers had an edge because they could cultivate, harvest, sell and repay their loans within the specified one year period. “It is easy for farmers engaged in annual crops to meet their targets. “This doesn’t happen with cash crops because in the first three years of oil palm production...

Chukwuma Soludo: I received 19 threats during banking consolidation era

YouTube The former governor of the Central Bank of Nigeria, CBN, Professor Charles Chukwuma Soludo, at the weekend in Awka, narrated how he received 19 written threats on his life following his decision to embark on banking consolidation in Nigeria in 2004 when he became the boss of the nation’s apex bank. In an interview, Soludo also recalled attempts made to kidnap his children at Offa, Kwara State where they were at the time because many people felt threatened by the policy. He said: “I am a very impatient person to see change happen and I am passionate in anything I focus on. When I was the chief economic adviser to President Olusegun Obasanjo, and the tenure of the former CBN governor ended and I came in. within one month, I announced a 13 – point agenda for banking consolidation. “At...

Southeast governors insist on ban of open grazing

Governor David Umahi of Ebonyi State, Chairman Southe East Governors Forum says the zone insists on the ban of open grazing of cattle in the zone. Umahi announced this during an APC stakeholder meeting at the Christian Ecumenical Centre Abakaliki. The Governor who said the South East Governors’ Forum had also banned the movement of cows by foot into the zone enjoined leaders to exhibit patriotism in their conduct to guarantee the unity of the Country. “We are living in a dangerous time, without patriotism to our nation Nigeria, it is very difficult to have a peaceful time” He called on leaders and stakeholders of the zone to speak up and desist from playing politics with the Security of the zone and nation. “Governors of South East have been calling on our leaders to speak out on the Secur...

Femi Falana: President Buhari’s government defending killer-herdsmen

Human rights activist Femi Falana has accused the government of President Muhammadu Buhari of defending killer-herdsmen which was why the issues continued. He said it has come to a point where the people needed to defend themselves as the Buhari-led government had failed the people. According to Falana, that was why he had accused the Buhari administration of portraying itself as defending herders and not other Nigerians because Almajiris have been deported, beggars and the destitute deported, but that the President never defended them. “The government never raised any constitutional issues. My position is that the government can stop the citizens from taking the law into their own hands to assure the people in concrete terms of the security of their lives and property. It is a simple and ...

Ondo governor: Our people cannot continue to live in fear

Governor Rotimi Akeredolu of Ondo state has declared that the people of the state can not continue to live in fear arising from the cases of kidnapping, robbery, and other criminal activities recorded in the state. Akeredolu said this while receiving the newly posted Assistant Inspection-General of Police for Zone 17, headquartered in Akure, Isaac Akinmoyede, and the new Brigade commander of the 32 Artillery, Owena Catonement, Brig. Gen. Raymond Utsaha. He urged the new AIG and brigade commander to collaborate with other security agencies in the state for optimum performance. According to him” insecurity can be tackled in a different way when there are collaborative efforts. ” We have great challenges. We need all hands on deck. Our challenges are enormous. Top of it is the issue of kidnap...