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Consumers Commend NASS for their Intervention Over the Planned Implementation of Electricity Tariff Hike

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Consumers Commends NASS for their Intervention Over the Planned Implementation of Electricity Tariff Hike

 Electricity consumers in the Federal Capital Territory (FCT), commends the Senate for their intervention which led to suspension of the planned implementation of electricity tariff hike by the Electricity Distribution Companies (DisCos).

 Recall that the DisCos proposed an increase in tariff from July 1, but following Intervention by the National Assembly, the action was suspended.

The consumers spoke with NAN in separate interviews in Abuja on Sunday. Mr Dimeji Macaulay, the Director, Movement for a Socialist Alternative (MSA) hailed decision of the Senate to suspend implementing of the increment.

 Macaulay said that the MSA was happy with the suspension but wants the increment in electricity tariff stopped.

 “Nigerians are presently suffering from too much payments of bills.

 “We demand for a restructuring of the power sector democratically controlled by the elected trade Unions, community members and also youths to provide accountability, adequate supply of power and transparency.

 “We also want the Discos to immediately provide prepaid meters for all consumers.

Also Read: Electricity Distribution Companies (DisCos) Promises Nigerians 2-Month Free Electricity

“We also want the National Assembly to follow up with the Executive Bill to criminalize estimated billing as has been proposed by the Speaker of the House of Representatives Femi Gbajabiamila,” he said.

According to Macaulay, the movement is of the opinion that the Federal Government should provide palliatives and incentives to Nigerians as the coronavirus (Covid-19) pandemic has affected their businesses.

Mr. Okpe Sunday, the Executive Secretary, Manufacturing Association of Nigeria (MAN) Abuja, Nasarawa and Niger chapter, also commended the National Assembly for their timely intervention in suspending implementation of the hike in electricity tariff.

He said that the timing of the increase was not right as a lot of manufacturers were still battling with the effect of the COVID-19 pandemic on their businesses.

 “Increasing electricity now is not the right thing to do as most of our members are still trying to put their businesses together after the COVID-19 pandemic.

 “What the government should be thinking of now is how to assist manufacturers stay in business after the loss most of them encountered due to the effect of COVID-19.”

 So, we want to commend the National Assembly for their timely intervention on the issue,” he said.

Mr Tayo Oluseyi, a Fashion Designer in Lugbe, FCT described the intervention of the lawmakers as a welcome development. According to Oluseyi, power supply is not constant yet the DisCos are planning to increase tariff.

Mrs Sharon Madu, a Stylist  said that she was happy that NASS intervened in the matter. “Our businesses are suffering  due to constant blackouts and yet the DisCos are increasing tariff, let them improve power supply before any increase,” she said.


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Arms Procurement Investigation: “Issues of arms procurement were done by specific individuals, call these individuals to explain to you ” – COAS Ibrahim Attahiru tells House of Reps members

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A dramatic scene was recorded today April 13 after the Chief of Army Staff Lieutenant General Ibrahim Attahiru appeared before House of Representatives ad-hoc committee on arms and ammunition as part of the investigation into arms purchase by the military.


Attahiru refused to speak on arms procurement after presenting a document to the committee.


According to the COAS, he just resumed office and the issues surrounding the procurement of arms should be answered by the “specific individuals” who initiated the purchase.


He said;


“The submission before you speaks to the report before you. It is an executive summary. It is very self-explanatory to the extent that it has been pluralised. When you demanded this report, you stated a specific period for which you wanted it.

“You may wish to recall that the Chief of Army Staff took over the mantle of leadership barely two months ago.

“The period for which you want this report having been summarised in the executive summary explained whatever details you require.

“Issues of arms procurement that you so demand to know were done by specific individuals, I will rather you call these individuals to explain to you very specific issues the general explanation is contained in this report.”


A member of the committee, Ejiro Ogene had also faulted the COAS explanation for not appearing before the committee earlier.


Ogene said;


“When we ask you to come, the people are the ones speaking, sovereignty lies in the people; if we see it like this, things will be different.

“I expect that the COAS tenders an apology, not an explanation; you are serving the people and they are as your employer.”


Firing back at him, Attahiru insisted that his explanation serves as an apology. He said;


“When you say I offered an explanation, it is as good as an apology. It only tells you the reasons why I wasn’t here and the reasons are pungent enough.”


Following the rising tension at the proceeding, Chairman of the Committee Olaide Akinremi ruled that the hearing goes into a closed-door meeting and the media were asked to leave the hearing.

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25-year-old Nigerian man arrested for Scamming woman of N16million in India

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A 25-year-old Nigerian has been arrested in India for allegedly scamming a 62-year-old woman from Indore, Madhya Pradesh, of Rs 31.64 lakh (N16,048,923.81)

“The accused, Wisdom Obinna, from Imo State, was part of a gang that befriended women on social media and then scam them with lottery and gift frauds,” said Indore Cyber Cell Superintendent of Police, Jitendra Singh, on Friday, April 9.

“Obinna was arrest25-year-old Nigerian man arrested in India for duping woman of N16m ed from Delhi, where he was staying even after his business visa expired. Efforts are on to nab other members of the gang,” he added.

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During the interrogation, the accused said that he came to India on Business Visa in 2014 and 2017. After the visa expired, he became active in cheating and used to operate from Delhi.

The gang members befriend Indian girls and women on Facebook by creating accounts with different foreign fake IDs.

After Wisdom has made friends with the women, he lured his victims by claiming he sent them some expensive gifts.

Later, other members of the gang pose as custom officers and demand money in the name of Tax and Penalty to get the parcel, send a message through bank account WhatsApp and get the money transfer. They would also threaten the victim with legal action.

Police recovered eight passbooks of various banks, three ATM cards, two laptops, three pen drives, 9 mobile phones, eight SIM cards, two dongles, passports and Rs 11000 in cash from the accused.

 

25-year-old Nigerian man arrested in India for duping woman of N16m

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Economy

CBN gets order to freeze 194 accounts in 17 banks

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CBN gets order to freeze 194 accounts in 17 banks

The Central Bank of Nigeria, CBN has secured three separate interim orders from a Federal High Court in Abuja to freeze bank accounts linked to 194 business entities and individuals in 17 banks.

This was contained in a post by the apex bank on its website yesterday pursuant to the court order. The freeze orders were sequel to three exparte applications filed by the apex bank seeking a mandatory order of the court to ask the 17 banks to freeze the account of the business organizations and individual pending the outcome of an ongoing investigation the apex bank had initiated.

In one of the suits against Nuru Abubakar and 24 others, the court granted the request by CBN to freeze the account of the defendants in the banks for 45 days. Justice A.R Muhammed who made the order in his ruling on March 30, 2021, said: “An interim order is hereby made empowering the applicant to direct the head office of the listed banks to freeze forthwith all transactions on the bank account of the defendants for a period of 45 days pending the outcome of investigation and inquiry currently being conducted by CBN.”

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In another suit filed by CBN against Sethwealth Ventures and two others, the court granted an exparte application by the apex bank to freeze 50 accounts linked to the three defendants in 13 banks. A similar order was also made in the suit by CBN against Bluebeam Capital Ltd freezing 60 accounts of the company in 13 banks.

The 17 banks affected are Access Bank, First City Monument Bank, Fidelity Bank, Sterling Bank, Keystone Bank, Providus Bank, United Bank for Africa (UBA), Wema Bank and First Bank. Others are Guaranty Trust Bank, Ecobank Bank, Heritage Bank, Polaris Bank, Zenith Bank, Stanbic IBTC Bank, Standard Chartered Bank and Union Bank.

The companies affected include Bluebeam Capital Limited, Sethwealth Ventures, Seasons Bureau De Change, Lat-Ade Logistics, Sani Polo Global Investment Ltd, Saneo Global Resources Limited and Romvic Ventures Nigeria Limited.

 

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