Business
Minister Tasks Firm On Power Supply
The Minister of Power,
Prof. Chinedu Nebo, has charged the new management of the Abuja Electricity Distribution Company to leave no stone unturned to ensure uninterrupted power supply to the Federal Capital Territory FCT.
Nebo gave the charge last Tuesday in Abuja at the inauguration of a double 15MVA injection sub-station at Apo, Abuja which was aimed at boosting electricity supply to Abuja.
“For Abuja Disco, we expect the best, we expect you will take up the leadership. Abuja is the first one and all this is to ensure we have 24/7 power supply in the next few months,’’ he said.
The minister urged the distribution company to brace up to the challenge and ensure the use of both old and new facilities to improve the quality and quantum of electricity available to consumers in the FCT.
According to him, the completion and inauguration of the National Integrated Power Projects (NIPP) scattered across the country are a sign of government’s commitment to ensure uninterrupted power supply to Nigerians.
“Our commitment to the transformation of the power sector is underscored by the huge magnitude of power projects being commissioned covering the entire electricity supply value chain of generation, transmission and distribution,’’ he said.
He commended the Niger Delta Power Holding Company (NDPHC) and other stakeholders responsible for the construction of the NIPPs for keying into the transformation agenda and tasked them on optimum service delivery.
The Managing Director of NDPHC, Mr James Olotu, said the project was meant to strengthen the distribution end in the electricity value chain and ultimately enhance access to stable power supply.
“With these distribution projects, we assure Nigerians that power will get to our individual homes and businesses,” he said.
The Permanent Secretary, the Ministry of Power, Amb. Godknows Igali, said that government would continue to carry out reforms in the power sector in order to reposition the sector for efficient service delivery.
He said that the new power facilities commissioned in the last few weeks included; the Geregu and Omotosho power stations, as well as transmission stations in Ibadan and Karu area of the FCT, among others.
Business
Shippers Council Vows Commitment To Security At Nigerian Ports
Business
Nigeria Risks Talents Exodus In Oil And Gas Sector – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Nigeria risks massive brain drain in the oil and gas sector due to poor remuneration.
Mr Festus Osifo, President of PENGASSAN, said this while briefing newsmen at the end of the National Executive Council (NEC) meeting of the union on Thursday in Abuja.
He said the sector was facing challenges arising from Naira devaluation and inflation, noting that, oil and gas skills remained globally competitive.
“A drilling engineer in Nigeria does the same job as one in the U.S. or Abu Dhabi,” he said.
Osifo said the union must take steps to bridge the wage gap to prevent members from leaving the country for better opportunities abroad.
“If we don’t act, the brain drain seen in other sectors will be child’s play,” he said.
He said PENGASSAN had recorded significant gains through collective bargaining across oil and gas branches.
“We signed numerous agreements across government agencies, IOCs, service and marketing sectors,” he said.
He said the agreements brought relief to members facing rising costs of living, adding that, the association’s duty is to protect members’ jobs and enhance their pay.
Osifo urged companies delaying salary reviews and those foot-dragging as a result of the prevailing economic realities, to do the needful.
He said the industry employed some of the nation’s best talents, making competitive pay critical to retaining skilled workers.
“This industry recruits the best. Companies must provide the best conditions,” he said.
On insecurity, Osifo urged government to take decisive action against terrorism and kidnappings across the country.
“We are tired of condemnations. government must expose sponsors and protect citizens,” he said.
He urged government at all levels to prioritise tackling insecurity through better funding and equipment for security agencies.
Osifo said PENGASSAN supported calls for state police to improve local security response, adding that decentralising policing will protect citizens better than rhetoric.
He also said economic indicators meant little, if food prices remained high and farmers could not return to farms due to insecurity.
“Nigerians want to see food on the table, not macroeconomic figures,” he said.
He urged government to coordinate fiscal and monetary policies to ensure economic gains reach households.
“Translate macro results to food on the table,” he said.
Business
NCDMB, Others Task Youths On Skills Acquisition, Peace
-
Featured4 days agoOil & Gas: Rivers Remains The Best Investment Destination – Fubara
-
Nation4 days ago
Hausa Community Lauds Council Boss Over Free Medical Outreach
-
Nation4 days agoOgoni Power Project: HYPREP Moves To Boost Capacity Of Personnel
-
Nation4 days ago
MOSIEND Calls For RSG, NDDC, Stakeholders’ Intervention In Obolo Nation
-
Nation4 days ago
Association Hails Rivers LG Chairmen, Urges Expansion Of Dev Projects
-
Nation4 days ago
Film Festival: Don, Others Urge Govt To Partner RIFF
-
News4 days agoNDLEA Arrests Two, Intercepts Illicit Drugs Packaged As Christmas Cookies
-
News4 days agoTroops Rescue 12 Abducted Teenage Girls In Borno
