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Electricity Consumers Express Divergent Views On New Tariff

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Some stakeholders have ex
pressed divergent views on plans by the Nigerian Electricity Regulatory Commission (NERC) to review electricity tariff from Feb.1.
While some told newwsmen in Lagos that the new tariff regime was good, others said it should be suspended until all consumers were metered.
It was gathered that NERC, on Jan. 6, said the takeoff date of the new electricity tariff regime (MYTO 2015) still remained Feb. 1.
According to reports, NERC, had on Dec.20, 2015, increased the cost of power consumption by an average of N9 per unit for all classes of consumers.
It also abolished the contentious fixed charge for all electricity consumers.
The Chairman, Citizens Access to Electricity Initiatives (CATEIN),  Mr Abdul-Salam Fashola, urged NERC to stop any increment and have audience with the stakeholders in power sector.
Fashola said that consumers on estimated billings, who were paying outrageous amounts as bills, would now be expected to pay more.
He advised that prepaid meters should be given to all consumers and that power supply should be regular before the commencement of new tariff regime.
The Chairman, Lekki Jakande Roundabout Estates Association,  Mr Patrick Samuel, commended the stoppage of fixed charge, saying that it was a good decision.
“The Discos have been using fixed charge to extort consumers on the pretence that meters are not available or they fix high rates for meters which consumers can’t afford.
“Yet consumers don’t ever get the power even with the fixed charges.
“It was expected that on the purchase of the Discos by private investors, knowing that over 65 per cent of consumers do not pay bills, the Discos should have done mass importation of affordable meters and install all their consumers.
“Rather than investing in what they bought and building on them, they are more into collecting loans for other purposes without investing into improved services,” he said.
Samuel said he was against any increment, urging the new investors to put their places in order and give quality services before the government would give them right to increase tariff.
“That will just be a rip off; it’s too early for that.
“ Let them give good services to justify any increase in tariff because I can assure you that if they increase the tariffs now, half of what they rake in will not go into power,” he said.
The Managing Director, Energy Solutions Ltd., Mr Yomi Kolawole, said that the proposed increment would enable the Discos to replace their old equipment.
He advised consumers to cooperate with the current administration by allowing the new tariff to commence.
Kolawole, however, commended NERC for the removal of the fixed charge since the monthly charges could not be justified.
The Chairman, Iponri Housing Estate Housing Residents’ Association, said that the proposed increment was good if power supply would be available.
“If we should consider the amount of money spent to fuel our generator on daily basis, we will see that it is better to pay more on regular electricity supply than to pay what we are paying and no light.
‘We should give the current government the benefit of the doubt by allowing the new tariff regime to commence.
“I am aware of many good jobs done by the new minister of power, land and housing when he was governor of Lagos State and I believe that he is in power sector to transform the sector,” he said.
He also commended NERC for removing fixed charge from the monthly billing, adding that the Discos were using the rate to exploit their consumers.

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Transport

Automated Points Concession : FAAN Workers Gave 72hrs To Revise Decisions In PH

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The trapatriate Unions conprising the National Union of Air Transport Employees (NUATE), and the Air Transport Service Senior Staff Association of Nigeria, (ATSSSAN),  has given 72 hours Ultimatum to Federal Airport Authority of Nigeria FAAN, Omagwa Airport, Portharcourt to revise its recent decision on the concession of Tollgates and Parks to private hands.
The chairman of the Trapatriate Union, Comrade Felix Ohwoefe gave the Ultimatum yesterday immediately after the joint Unions meeting held at the Airport office of the union, Omagwa, Portharcourt.
Comrade Ohwoefe who double as the chairman of the National Union of NUATE said the two Unions have agreed to take drastic actions if the Authority of the Airport declined to step down it’s decision of concessioning the major revenue points to private hands.
According to the Union chairman, the  two union was not aware of the  concession plans, and that there were no due process to the procedures.
Comrade Ohwoefe said any attempt for the Airport Management to decline it’s demands towards the concession will result to barricading all entrance and access points of the Airport.
Expressing the  the challenges associated to the concession, the Union Chairman said the gesture might resulted to massive sack of workers in the Airport.
The chairman also expressed foul play on the part of either individuals or government in the terms and conditions so given to the concessionaires, demanding the reasons of contracting the automated points to private hands for only 14 millions, when the FAAN is presently generating over 28 million naira monthly, even when the tariff was not  reviewed upwards.
He describes the process to the procedures as fraud with intention to increase unemployment in the state.
“We are not against the concession of the Automated points, but due process must be followed. If government is concessioning the place, we are asking what will happen to our workers in the existing units.
“Secondly, if the concessionaires is taken over, they must pay higher than what the FAAN is generating presently, we are generating to the Management over 28 Millions monthly, but we had that the private company is required to pay only 14 Millions monthly, which is far below 5 percents of what we are generating presently, even when the tariff is increased, which means there is a foul play.
“The process is fraud either on the part of individual in the Government, or Government itself.
” The unions is saying no to the Concession until we come to a terms of understanding ourselves., we are afraid of loosing workers, we don’t want to loose any workers if due process is not followed in this hard of economy,  we even demanding for employment of more workers in FAAN.” Comrade Ohwoefe said.
The Union used the opportunity to called on the minister of aviation, and the President of the Country, Bola Tinubu to intervene.
When contacting the Management of the Airport Authority through the head of Corporate Affairs, Dr Ngozi V. Onyeanwuna-Nwosu,  she said the management has not given her the approval to say something.
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Transport

FAAN Announces Pick-Up Points for Go-Cashless Cards

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The Federal Airports Authority of Nigeria (FAAN) has announced designated pick-up points for individuals wishing to obtain their Go-Cashless cards ahead of the March 1, 2026 deadline.
This was announced in a statement signed by the Director Public Affairs and Consumer protection, Henry Agbebire  and made available to the Tide last Friday in Portharcourt.
According to the statement,  Go-Cashless cards is at all  FAAN commercial offices and access gates of Airports in the country .
The release further stated that cards will also be available at designated branches of Fidelity Bank Plc from March 16, 2026.
FAAN in the statement said the cashless policy followed the Federal Government directive mandating all Ministries, Departments and Agencies (MDAs) to transition to a cashless system to enhance transparency and reduce revenue leakages as well improve transaction traceability in the Aviation sector.
FAAN  reiterated its commitment to full compliance with the directive, appealing to the public for their understanding and cooperation during the transition period.
FAAN also inform that the Go-Cashless cards can still be obtained at the designated points after the March 1, deadline.
The Authority assures airport users that the initiative will promote faster, safer, and more convenient transactions across its airports nationwide.
By: Enoch Epelle
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Business

Fidelity Bank To Empower Women With Sustainable Entrepreneurship Skills, HAP2.0

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Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0).
According to the report, the programme is designed to equip women with practical, income?generating skills and structured pathways to entrepreneurship.
 Accordingly, the HAP 2.0 will build on the success of its inaugural edition held in 2023.
During media chat with journalists to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the initiative has been enhanced to deliver greater impact.
He said HerFidelity Apprenticeship Programme 2.0 reflects their commitment to continuous improvement, having evaluated feedback from the first edition, they have returned with stronger partnerships and deeper mentorship programmes to ensure that women acquire not just skills, but sustainable economic opportunities.
Mr Ede, who said the programme is guided with real?world learning, also said that participants will undergo intensive apprenticeship training under reputable institutions and industry experts across selected fields such as hair styling, shoe making, auto mechatronics, and interior decoration.
Additionally, he said HerFidelity Apprenticeship Programme 2.0 goes beyond skills acquisition by offering participants a wide range of business advisory services.
These include business and financial literacy training, mentorship support throughout the apprenticeship journey, access to Fidelity Bank’s women?focused and SME financial solutions, as well as guidance on business formalisation and growth strategies.
Emphasizing the bank’s vision further, Ede said: “By integrating structured mentorship with entrepreneurial development, Fidelity Bank is positioning women not just as trainees, but as future employers, innovators, and economic contributors within their communities.
 This aligns with our mandate to help individuals grow, businesses thrive, and economies prosper”.
It is noteworthy that interested participants are encouraged to indicate their interest by visiting https://bit.ly/Apprenticeshipbyherfidelity.
It is important to note that Fidelity Bank Plc is ranked among the best banks in Nigeria, with a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, with 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
It is reported that the Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards, the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.
By: Nkpemenyie mcdominic, Lagos
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