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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...

Niger governor decries level of corruption in Nigeria

The Niger State Governor, Alhaji Abubakar Sani Bello, has decried the level of corruption in the country’s political and economic environment, insisting that corruption is endemic in all the facets of the nation’s life. Speaking at a two-day ‘Get involved leadership’ training in Minna Wednesday, Governor Bello said: “The problem with Nigeria today is enormous, every sector is corrupted. There is no country that can develop with the level of corruption we have. According to the governor, “When you have a system where only limited or few people are transparent, the system can never work.” He submitted that as a result of the high level of corruption in the polity, political positions either elective or those appointed have always gone to the highest bidder, a development he described as unac...

Oyo rolls out coronavirus vaccination programme

The Oyo State Government on Wednesday joined other states across Nigeria to rollout the COVID-19 vaccination exercise. The state flagged off the exercise in Ibadan with the first consignment of 127,740 doses it received from the Federal Government. Gov. Seyi Makinde was inoculated with Oxford/AstraZeneca vaccine at exactly 12.20 p.m. During the flag-off, Makinde said that the state had made decision on a sterility test of the vaccine as precautionary measure to ascertain its safety and efficacy. “I have very low tolerance for physical pain, but when duty calls you have to do what you have to do. “I am getting vaccinated today as a show of leadership and to let the people know that they have to be protected. “I ordered for sterility tests because when I asked questions about the origin of t...

Imo JSC fires two magistrates over ‘professional misconduct’

The Imo state Judicial Service Commission (JSC) has dismissed Magistrate G.C Okoli over alleged misconduct and placed suspension on another Magistrate C.P Nnoromele from further sitting, pending conclusion of series of petitions against her. Newsmen gathered that the dismissal notice served on G.C Okoli was signed by the Chief Registrar C.N Okereke on 22nd of this month. The memo which in part read, “Judicial Service Commission at its meeting held on March 16, considered the petition written against four magistrates in the state approved the immediate dismissal of His Worship G.C Okoli from judicial service of Imo state. “The commission further reprimanded and issued a strong warning letter to His Worship A.C Uzoma. “It further directed His Worship C.P Nnoromele to stop sitting pending the...

Ebonyi governor: South East benefited more from APC government than PDP’s 16 years

Governor David Umahi of Ebonyi State and Chairman of South East Governors’ Forum weekend, said the South East benefitted more from the Buhari-led All Progressives Congress, APC, federal government than from Peoples Democratic Party’s sixteen years of governance. Speaking to newsmen in Lagos through his Commissioner for Information and State Orientation, Barr. Orji Uchenna Orji, Umahi said the Igbo have had a fair-play under Buhari’s administration in terms of economic and infrastructure development. According to him, the N10Billion Airport rehabilitation, the 2nd Niger Bridge, the Enugu-Port-Harcourt Expressway and other infrastructures are pointers to the benefits the South East States are getting from the Buhari administration. “These are indications that this administration is helping t...

Femi Falana: EFCC can mandate bank MDs, executives to declare assets

The Economic and Financial Crimes Commission (EFCC) is charged with the responsibility of enforcing the provisions of all laws relating to economic and financial crimes, Africa’s leading human rights lawyer, Mr. Femi Falana (SAN) has said. Consequently, according to the senior advocate, the anti-graft commission is empowered to cause investigations to be conducted into the properties of any person as stipulated under Section 7 (1) (b) of the EFCC Act, 2004. Also yesterday, Transparency International (TI) argued that if the provisions of the Bank Employees, etc. (Declaration of Assets) Act, 1986 were effectively enforced, Nigeria could save between $15 billion and $18 billion illicit financial flows (IFFs) annually. Falana clarified the roles of the EFCC in a response to inquiries on whethe...

Rumble in Edo as governor runs government without cabinet

Precisely 129 days into his second tenure as governor of Edo State after his election on September 20, 2020 and inauguration on November 12, 2020, Godwin Obaseki, has not formed his cabinet. This has generated some flaks from different quarters, including the opposition party, All Progressives Congress (APC), constitutional lawyers, political analysts, public commentators, residents among others. While others feel that Obaseki has not committed any crime or breached any law, others believe that he is running a one-man administration and must go ahead to form his cabinet. They argued that going by Section 192 of the 1999 Constitution, the governor is obliged to form a cabinet, saying this is a circumvention, which the state House of Assembly should take action on. Obaseki had said that his ...

Coronavirus: CBN doubles loan disbursement to N300 billion – bank governor

The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants. In his keynote address at the 2nd virtual seminar for Finance Correspondents and Editors at the weekend, the Governor said the Bank took the decision in order to accommodate many more beneficiaries as well as boost consumer expenditure which would positively stimulate the economy. He disclosed that the CBN initially created a N150 billion Targeted Credit Facility (TCF) for affected households and small and medium enterprises through the NIRSAL Microfinance Bank, adding that already, N149.21 billion has been disbursed to 316,869 beneficiaries. “Given...

Katsina approves 5,000 hectares of land for ranching

The Katsina State Government has approved 5,000 hectares of arable farmland for ranching as part of efforts to curb the herders and farmers’ clashes in farming villages and communities across the state. Governor Aminu Bello Masari, who disclosed this during the 46th annual conference of the Nigerian Society for Animal Production held at the Federal University Dutsin-ma (FUDMA), Katsina, said ranching system will enable the children of herders to have qualitative education. He said that the only solution to the herdsmen and farmers crisis bedevilling some parts of the country is the establishment of ranches in the states, hence the provision of the 5,000 hectares of land. Masari, represented by his Special Adviser on Livestock and Grazing Reserve, Dr. Lawal Bagiwa, explained that apart from...

Ogun council polls: Governor Abiodun urges OGSIEC to conduct credible election

Ogun State governor Prince Dapo Abiodun has urged members of the newly inaugurated Ogun State Independent Electoral Commission (OGSIEC) to be transparent in their dealings with all political parties. The governor said this Friday while swearing-in the newly constituted 6-man electoral commission at the Executive Council Chambers of Governor’s Office in Oke-Mosan, Abeokuta, the state capital. Abiodun specifically charged new OGSIEC members to make fairness, firmness, dedication and objectivity their watchword as the state prepares for the local government poll to be conducted later this year. The governor said the inauguration was a demonstration of his administration’s commitment towards ensuring that democratic dividends get to the grassroots through electoral processes at the local gover...

Imo teachers protest non-payment of 12 months salaries

Primary and secondary school teachers in Imo State on Thursday staged a peaceful protest over the state government’s failure to pay their salaries for 12 months consecutively. Newsmen reported that the protest, which was held in front of the Government House, Owerri, temporarily halted human and vehicular movement in the area. It was learnt that the action was triggered by Governor Hope Uzodinma’s claim that teachers who had yet to receive their salaries were ‘ghost workers.’ The protesters carried placards with inscriptions, such as “Uzodimma lied to Imo people on teachers’ salary”, “We are not ghost workers, we have our employment letters, please pay us” and “Uzodimma come and see us and prove we are ghost workers.” The teachers, who wore long faces, alleged that they were last paid in F...