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End Of PHCN As New Firms Take Over …Labour Threatens Showdown

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Governor Chibuike Amaechi of Rivers State (middle) with former Minister of Education, Dr Oby Ezekwesili, and Director, Port Harcourt Book Festival, Mrs Koko Kalango, at the Port Harcourt Book Festival in Port Harcourt  recently.

Governor Chibuike Amaechi of Rivers State (middle) with former Minister of Education, Dr Oby Ezekwesili, and Director, Port Harcourt Book Festival, Mrs Koko Kalango, at the Port Harcourt Book Festival in Port Harcourt recently.

Following the Federal Government’s November 1, 2013 deadline for the final unbundling of Power Holding Company of Nigeria and handover of electricity generation and distribution in the country, new investor – companies will take over the affairs of the PHCN with effect from today.
Already, officials of the Ministry of Power, the taskforce on power reform and other stakeholders are expected at the handover ceremony to be performed on behalf of President Goodluck Jonathan by the Permanent Secretary in the Ministry, Dr. Godknows Igali.
The Port Harcourt Electricity Distribution Company will be handed over to a power consortium, which entered into partnership with nine investors that came together under a consortium agreement to bid for acquisition of 60% shares of the company.
A release issued in Port Harcourt and signed by the Administrative Secretary of 4 Power Consortium Limited, Mrs. Precious Nkem Wokocha, stated that the ceremony would hold at the head office complex of the PHEDC in Port Harcourt, today.
According to the statement, “ PHED is one of the eleven distribution companies (DISCOs) that were originally ‘unbundled’ from the Power Holding Company of Nigeria (PHCN)”. “The new company’s functions will continue to be distribution and marketing of electricity in Akwa Ibom, Bayelsa, Cross River and Rivers States in Nigeria’s South- South region”.
“As a private company, we shall breathe new life into PHEDC’s programme of investment and innovation, and this will enable us to become the most efficient and sustainable utility company in Nigeria. That means our customers can expect an increasing reliable power supply and also a far better service,” it added..
Managing Director of Income Electric Limited, one of the partners in the consortium, Mr Matthew Edevbie reiterated the company’s commitment to stimulating economic growth and improving electricity and service delivery in the region. He stated that, the new PHED “will foster a high performing culture that motivates employees to create value and make a difference in the lives of customers and in the communities they live and work.”
He disclosed that the new company’s core functions would continue to be distribution and marketing of electricity in Rivers,Akwa Ibom,Bayelsa and Cross River States in Nigeria’s South-South region.
Also, the Chairman of  the new core investors in the project, Sir Augustine Nwokacha said, “as a private company, it will breathe new life into PHED’s programme of investment and innovation, and this will enable us to become the most efficient and sustainable utility company in Nigeria,adding that customers can expect an increasingly reliable power supply and  far better services” .
Thousands of disengaged workers of the Power Holding Company of Nigeria, PHCN, have threatened a showdown with the Federal Government, following its plans to physically hand over the defunct company to new investors today. The reason for the showdown, according to some of the PHCN workers who spoke with our correspondents, is the delay in payment of severance benefits of about 35% of the workforce.
In some of the PHCN offices visited by our correspondent across the state yesterday, activities were paralysed while the workers were seen discussing their fate.
Policemen were deployed to some of the PHCN offices to forestall break down of law and order. Policemen were seen at Badia and Marina area offices of the PHCN.
Confirming the likelihood of showdown, PHCN Senior Manager, Public Affairs Ijora district, Ayiwe Peter said that they were not against the hand over, but that they wanted want the government to pay the workers before it handed over. Peter said should the government go ahead to hand over without paying the workers, the union will pull their members out and there would be total black out.
He advised Nigerians to prepare for alternative source of electricity so that they would not be caught up in darkness. Contrary to Bureau of Public Enterprise’s statement that at least 84 per cent of the workers had been paid off, while others would be paid between Wednesday and Thursday, the workers said banks had refused to honour the government’s directive to pay them.
They threatened that if their entitlements were not paid by the end of October, the entire workforce of PHCN in all the 36 states would embark on indefinite strike. They therefore appealed to government to ensure that all the agreements it signed with the workers were met to avert the strike.
“If not, how will they ask us to go and they will not pay us? This is sheer man’s inhumanity to man,” he said. The successor companies expected to be handed over to the new investors include Abuja Distribution Company (owned by KANN Consortium Utility), Benin Distribution Company (Vigeo Power Consortium), Eko Distribution Company (West Power & Gas), Enugu Distribution Company (Interstate Electrics Ltd) and Ibadan Distribution Company (Integrated Energy Distribution & Marketing Limited).
Others are: Ikeja Distribution Company (NEDC/KEPCO Consortium), Jos Distribution Company (Aura Energy Limited), Kano Distribution Company (Sahelian Power SPV Limited), Port Harcourt Distribution Company (4Power Consortium) and Yola Distribution Company (Integrated Energy Distribution & Marketing Limited).
The power generation companies expected to be handed over are Shiroro (owned by North-South Power Company), Kainji (Mainstream Energy Solutions Ltd), Geregu (Amperion Power Distribution) and Ughelli (Transcorp Ughelli Power Plc). Meanwhile, the Permanent Secretary, Ministry of Power, Godknows Igali, said last Wednesday that the Federal Government had disbursed N294.51 billion to the disengaged PHCN workers.
Igali made the disclosure to State House correspondents after a special preparatory meeting to strategise on the November 1 physical handover of PHCN successor companies to private investors.
The meeting was chaired by Vice President Namadi Sambo at the Presidential Villa.
Specifically, Igali said that N214.22 billion was paid as severance benefits directly to the beneficiaries’ personal accounts, while N80.29 billion was paid as gratuity to beneficiaries’ pension fund administrators. He said that out of the 47,913 PHCN members of staff who went through the severance process, 40.093 had been fully paid, leaving out 7,820.
From the 7,820 staff, Igali said that 605 were validated last Tuesday and would be paid before the end of the week. Igali said that the remaining beneficiaries yet to be validated for payment had one issue or the other in their data capturing and electronic payment processes. “Some members in Enugu Distribution Company, about 1,478 have their biometric capture corrupted by virus and a new consultant has been moved to Enugu to recapture them.
“Those workers would not be accommodated.
“Additional 929 other workers from all over the country also had their biometric data corrupted. “This is a usual thing that happens when you are dealing with such large numbers and we are bringing them to Abuja at the expense of government for their biometric data to be recaptured so that they can be paid their entitlement immediately.
“There were also duplications of various natures, names were duplicated and accounts were duplicated. “For example, there are cases where people have three names and while filling, they put only two names,” he said. Igali said there were cases of about 2,500 staff that were very bad, but still being handled by the committee.
The Director-General of the Bureau of Public Enterprises, Mr Benjamin Dikki, said that with the full take-over of the power plants by the private sector, electricity situation would gradually improve.

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FG Targets Production Of Locally Made Vehicles By Dec

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The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

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Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

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The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

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Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

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A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

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