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Power Holding Company of Nigeria

Total blackout looms in Maiduguri as Boko Haram bomb transmission towers

Total blackout looms in Maiduguri metropolis, Jere Local Government Area and its environs in Borno state following another fresh bombing of two transmission towers along Maiduguri-Damaturu road. Sources have said.
The EFCC, March 1, 2021 arraigned a former Director General of the Bureau of Public Enterprises, BPE, Benjamin Ezra Dikki, before Justice Yusuf Halilu of the Federal Capital Territory High Court, Abuja on four counts of alleged corruption.

EFCC arraigns ex-BPE boss for ‘N1 billion bribe’

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned a former Director General of the Bureau of Public Enterprises (BPE), Benjamin Dikki, on N1billion gratification charges.
Economic and Financial Crimes Commission - EFCC.

EFCC arraigns Bestworth’s director for ‘misappropriation of N10.2 billion’

The Economic and Financial Crimes Commission (EFCC), on Thursday, arraigned a director of the defunct Abiodun Hassan before Justice Sylvanus Oriji of the FCT High Court, Apo, for alleged misappropriation of over N10.2billion.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate seeks documents as N27 billion PHCN pension probe begins

The Senate on Monday opened investigation into the alleged ‘missing’ N27bn meant for the payment of the pension of former staff of the defunct Power Holding Company of Nigeria.
As reactions continue to trail appointment of Barrister Effiong Akwa as Sole Administrator of the Niger Delta Development Commission, NDDC, a group, the Oron Union has lauded President Muhammadu Buhari for settling for a man they described as “a leader with capacity and capability to effectively confront the developmental challenges bedeviling the region.”

Coronavirus palliatives: Senate to issue warrant for NDDC sole administrator’s arrest

The Senate on Monday resolved to issue a warrant for the arrest of the Sole Administrator of the Niger Delta Development Commission (NDDC), Effiong Akwa, over his refusal to appear before it in relation to an alleged mismanagement of N6.2 billion on COVID-19 palliatives by the agency’s management last year.

BPE: PHCN sales proceeds lodged in CBN privatisation account

The Bureau of Public Enterprises (BPE) has debunked reports that it diverted N14 billion sales proceeds of the defunct Power Holding Company of Nigeria (PHCN) into private banks.
PHCN

BPE: N14 billion PHCN privatisation proceeds not diverted

The Bureau of Public Enterprises (BPE) has refuted reports that it diverted N14 billion from the proceeds of the privatisation of the defunct Power Holding Company of Nigeria (PHCN).

BPE hands over Afam power plant to Transcorp

The Bureau of Public Enterprises (BPE) has handed over the Afam Power Plant in Oyigbo Local Government of Rivers State to Transcorp Power Consortium, which emerged the preferred bidder of the power asset, with a bid offer of N105 billion.

BPE denies diverting N2.5 billion from PHCN to acquire property

The Bureau of Public Enterprises (BPE), says its officials did not divert N2.5 billion from Power Holding Company of Nigeria (PHCN) to buy property in Aso Savings and Loans (ASL).

Senate faults BPE’s diversion of N2.5 billion PHCN proceed

The Senate Committee on Public Account on Monday condemned the diversion of N2.5bn by officials of the Bureau of Public Enterprises.
President Muhammadu Buhari on Sunday said the federal government will provide relief materials for residents of Lagos and Abuja whom he ordered to stay-at-home as part of measures to curb the spread of the coronavirus.

President Buhari: It’ll be dangerous to go back to fuel subsidy era

President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial cost and a return to the era of long fuel queues as certain results.

NLC urges NERC to take decisive action on electricity tariff increase

The Nigeria Labour Congress (NLC) has urged the Nigeria Electricity Regulatory Commission (NERC) to take decisive action on the plan by DISCOs to hike electricity tariff in the country.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

House of Reps discover discrepancies in CBN, AGF presentations

The House of Representatives on Thursday rejected the presentation of the Central Bank of Nigeria (CBN) on the $11 billion withdrawn from the Excess Crude Account for the National Integrated Power Project following observed discrepancies in its presentation and that of the Accountant General of the Federation.
Nigeria Labour Congress (NLC)

Labour moves against 6 percent stamp duty on tenancy, lease

Organised labour has rejected recent order by the Federal Inland Revenue Service, FIRS, to property owners and their agents to charge 6 percent Stamp Duty on all tenancy and lease agreements enter into with all leases and remit to the service.
Speaker of the Bauchi State House of Assembly, Abubakar Suleiman, has denied allegations that he alongside Senate President and other federal lawmakers received N-Power recruitment slots from the Minister of Disaster Management, Humanitarian Affairs and Social Development, Hajiya Sadiya Umar Farouk.

Bauchi speaker donates transformer to Maje town after three years of darkness

There was wild jubilation in Maje town, headquarters of Guda Ward in Ningi Local Government Area of Bauchi State on Thursday as Speaker of the State House of Assembly, Abubakar Suleiman, provided a 33KVA transformer to restore electricity in the community after three years of darkness.
President of the Senate, Senator Ahmad Lawan, presiding over plenary on Tuesday at the National Assembly, Abuja.5

Senate President tasks power sector C’ttee to look into privatisation deal of 2013

President of the Senate, Ahmad Lawan, on Monday charged the Senate Committee on Power to look at what has happened to the agreement signed in 2013 on the privatisation of power sector.

Eko DisCo to phase out Unistar meters in franchise areas

Eko Electricity Distribution Company (EKEDC) says it is planning to decommission Unistar Meters assigned to about 11, 000 customers within its franchise areas.
Power returned to much of Argentina and two neighboring countries following a massive blackout that left tens of millions in the dark on Sunday.

NEPA/PHCN pensioners protest non-payment of N25 billion arrears

Pensioners of Nigeria Electricity Power Authority/Power Holding Company of Nigeria (NEPA/PHCN), yesterday, protested non-payment of their over N25 billion benefit arrears since 2012 till date.

Electricity workers threaten to resume suspended strike

Workers under the aegis of National Union of Electricity Employees (NUEE) have threatened to resume their recently suspended nationwide strike if the government fail to implement agreement reached with them

Eko DisCo bags employee-friendly from NUEE

Eko Electricity Distribution Company (EKEDC) has received an award for being an Employee-Friendly organization from the National Union of Electricity Employees (NUEE).
Power

Electricity workers suspend nationwide strike

Eko Electricity Distribution Company made this known via its Twitter handle @EKEDP on Thursday.
Olufemi Gbajabiamila

House of Reps summons ministers over power sector crisis

The House of Representatives has summoned the Minister of Power, Saleh Mamman, and his Labour and Employment counterpart, Chris Ngige, to explain why nothing was done regarding the 21 days ultimatum given by Electricity Workers Union over unpaid benefits to disengaged employees of the defunct Power Holding Company of Nigeria (PHCN), as well as improved condition of services by their current employers.

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Auchi polytechnic dean found dead in office

The Dean of Students, Auchi Polytechnic, Auchi in Edo state was on Sunday found dead in his office after he reportedly went to the office and did not return.
Rabiu Musa Kwankwaso

PDP suspends Senator Kwankwaso over disruption of zonal congress

The People’s Democratic Party (PDP) has suspended a former governor of Kano State, Rabiu Kwankwaso, for his alleged involvement in the disruption of the party’s recent North-west zonal congress in Kaduna State.
The Chairman of the Police Service Commission, Musiliu Smith, has called for proper and close monitoring of police investigative units to stem atrocities committed by officers as he decried the unit’s proliferation.

President Buhari felicitates with PSC chair Musiliu Smith at 75

President Muhammadu Buhari has felicitated with the Chairman of the Police Service Commission (PSC), Musiliu Smith, on his 75th birthday.

Ekiti government revokes 16 SUBEB contracts for breach of agreement – chairman

The Ekiti state Government, on Sunday, announced the immediate revocation of 16 contracts on renovation and construction projects, under its 2017 and 2015 UBEC/SUBEB Intervention Project, according to the Executive Chairman, State Universal Basic Education Board (SUBEB).
Charles “Chuck” Geschke, a co-founder of Adobe who helped develop the PDF, has died at age 81, the company said in a statement.

Adobe co-founder Charles Geschke passes on at 81

“This is a huge loss for the entire Adobe community and the technology industry, for whom he has been a guide and hero for decades,” Adobe CEO Shantanu Narayen said in an email to Adobe employees.

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Barcelona and Real Madrid have reportedly been priced out of a move for Erling Braut Haaland because of the Borussia Dortmund striker’s wage demands.

Barcelona, Real Madrid ‘priced out of Erling Haaland move’

Barcelona and Real Madrid have reportedly been priced out of a move for Erling Braut Haaland because of the Borussia Dortmund striker’s wage demands.
Popular Nigerian television presenter, Rachel Bakam, has passes on.

Popular TV presenter passes on in Abuja

Popular Nigerian television presenter, Rachel Bakam, has passes on
Gov. David Umahi of Ebonyi has pledged to abide by the peace pact he made with political opponents in the Peoples Democratic Party (PDP).

Ebonyi government raises panel on release of ‘warlords’

The Ebonyi State government yesterday set up a panel of inquiry over the unauthorized release of 55 suspected warlords who were arrested in Effuim in Ohaukwu local government area of the state in the lingering communal clash between Effuim and Ezza Effuim communities.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate president urges Nigerians to pray for leaders to overcome nation’s challenges

Senate President Ahmad Lawan has called for prayers for the leaders in government as they tackle the various challenges facing the nation.

Anambra guber: PDP aspirants differ on zoning

The quest for Anambra South Senatorial District to produce a candidate for the Peoples Democratic Party (PDP) ahead of the November 6 governorship election dominated discuss at a stakeholders’ meeting.