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Rivers Electricity Workers Protest Planned Privatisation

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Employees of the Power Holding Company of Nigeria (PHCN) in Rivers State joined their counterparts in other parts of the country to protest Thursday last week against the Federal Government planed privatization of the company.

Workers in the thirteen business units in the state who had coverage in the morning at the Diobu Business Unit  premises along Ikwerre Road with plan to protest to the Rivers State Government House and the State Assembly Complex but were however prevented from matching in the streets by security agents.

Our power reporter who covered the event said as early as 8.00 am workers had already gathered at the Diobu Business Unit premises but leadership of National Union of Electricity Employees (NUEE) were still discussing with the state Police Command for permission to carry out the rally and that until 11.00 am they could not obtain permission, instead, the presence of Police men where building up at the venue.

The PHCN workers chanting solidarity songs wielded plycards with the inscriptions: “No to privatization, u\yes to Liberalisation”, “Pay us the balance of 137 per cent of our salary increase”, “Casualisation causes casualty”, “We say no to Prof. Nnaji’s Wayo, lie, lie”, “Casualisation is modern day slavery”, “FG Regularise the 10,000 verified casuals in PHCN”, Publish the Power Sector Report and tell Nigerians the truth”, amongst others.

Comrade Micheal Mbari, Secretary of Rivers State branch of NUEE who spoke to The Tide accused the government of hiding the truth about pHCN privatization from Nigerian masses.

The NUEE scribe explained that the workers are not against the reform in the sector but rejected privatization as it would mean selling off the company to the friends and cronies of those in power. “We have severally advised the federal Government to liberalise the power sector so that it would open more opportunities for private investors to come and compete with PHCN instead of outright sale of PHCN”, he stated.

He noted that the power sector remains a key sector that galvanises the industralisation as well as the socio-economic development of any nation stressing that it would be wrong to take such a strategic sector from the hands and control of the government and hand it over to overzealous private investors as the step will lead to more woes to Nigerian masses who will not be able to afford the high tariffs by profit driven private investors.

According to him, many countries in the world tried the approach and it failed. “South Korea, Venezuela, South Africa, Iran, Agentina tried it and failed, so why try it here in Nigeria by privatizing PHCN?, he querried.

The Union claimed that NITEL, NAFCON, ALSCON, Nigerian Airways, Daily times that were privatized under Chief Olusegun Obasanjo administration have collapsed and called on President Goodluck Jonathan to retrace the step of FG on PHCN privatization for the interest of Nigerian masses.

“137 per cent balance of our salary increase is still lying there with nobody addressing it, 10,000 casual staff of the company that were verified is not being addressed and other promises not fulfilled, yet the government is hell-bent on privatizing the company”, said Comrade Mbari.

He said the workers decided to protest so that Nigerian masses will know the plight of PHCN workers.

Comrade Benibo Benjamin NUEE Chairman, Diobu Business Unit described the interference of the security agents in the workers’ peaceful rally as undemocratic stating that nothwithstanding the Police restriction, the rally was a huge success as the workers came out enmass and their message have been sent out to the Nigerian masses.

He called on the government to also remove the heavy presence of the Police and Military men whom he said have taken over the installations of the company in the state.

The security agents wisked off three journalists who were covering the event and also seized their cameras but about 45 minutes later, they were brought back to the scene.

An assistant Commissioner of Police, Habilla Joshakt who addressed the crowd said the journalists were not arrested stressing that the workers were not permitted to match in the streets to avoid criminals from hijacking the rally to cause problems in the state.

“If we had seen your letters or permission, we would have organized security contingences to monitor your movements. It took us sleepless nights for us to get to where we are in the state today security wise and would not take any chances that can disrupt the security situation in the state”, he said.

The Tide gathered that the rallies were disrupted by security agents especially in Delta, Ondo, Ekiti, Ogun amongst other states where protesters were arrested.

 

Chris Oluoh

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Oil & Energy

AEDC Confirms Workforce Shake-up …..Says It’ll Ensure Better Service Delivery

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The Abuja Electricity Distribution Company(AEDC) has announced a major restructuring exercise as part of efforts to reposition the utility firm for improved service delivery, operational excellence, and stronger customer focus.
In a statement issued by the AEDC management late last Thursday, the company said the move aligned with its ongoing corporate transformation strategy designed to make AEDC more agile, innovative, and customer-centric.

As part of the restructuring, the company said it had promoted high-performing employees, released retiring staff, and disengaged others whose performance fell below expected standards.

It added that it has also begun implementing a comprehensive employee development and customer management plan to strengthen its service delivery framework.

“In line with its corporate transformation strategy, Abuja Electricity Distribution Company has announced a restructuring exercise aimed at delivering improved services to its customers as well as enhanced operational efficiency and excellence.

“The restructuring is in line with our strategic direction to become a more responsive and efficient organisation, capable of delivering world-class service to our customers.

“As part of the transformation, the Company has promoted high-performing staff, released retiring employees and those performing below par, and has put in motion the implementation of a robust employee development and customer management plan aimed at driving AEDC’s customer-centric focus,” the company said.

AEDC noted that the reforms are part of its broader commitment to provide reliable, safe, and sustainable electricity to customers across its franchise areas, including the Federal Capital Territory and the states of Niger, Kogi, and Nasarawa.

The firm further pledged to continue investing in infrastructure upgrades, digital technologies, and operational innovations to improve service reliability and customer satisfaction.

“With a strong commitment to delighting its customers, AEDC continues to contribute to the growth and development of Nigeria’s energy sector through investments in infrastructure, innovative technologies, and sustainable practices.

“AEDC consistently seeks to improve the quality of life for its customers, promote efficient energy usage, and actively engage with its communities,” the statement added.

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Economic Prosperity: OPEC Sues For Increase In Local Crude Oil Refining 

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The Chairman of the Organisation of the Petroleum Exporting Countries (OPEC) Board of Governors, Ademola Adeyemi-Bero, has advised local oil refiners in Nigeria to increase in-country refining of crude, noting that value creation for crude oil will support economic growth and development.
Adeyemi- Bero who gave the urge at the Nigerian Association of Petroleum Explorationists Pre-Conference Workshop in Lagos, insisted the country must move away from decades of crude exports and focus on retaining value within the local economy.
He said, “We’ve been an oil and gas exporting country. We produced oil; once there was oil, we put it in a tank and sent it abroad. 40 or 50 years later, people blame Shell and others, but I don’t. They are businesses looking for feedstock for their industrialisation. If you give it to them, they’ll still take it.”
Adeyemi-Bero, who is also the Chief Executive Officer of First Exploration & Petroleum Development Company, said Nigeria had a responsibility to develop its energy resources locally and use them to drive industrial growth, rather than depend on foreign markets, adding that President Bola Tinubu would have returned fuel subsidies if the Dangote refinery had not been there to produce fuel locally.
”Just look at the impact the Dangote refinery has had on foreign exchange and gross domestic product growth. You can imagine what would have happened if that had occurred 50 years ago. If the president had said, ‘I’m cancelling subsidies, and I’m not going to allow multiple exchange rates.’ We didn’t have the option of having petroleum products in this country; I’m sure he would have changed his policies and gone back to subsidies. It’s as simple as that. Let’s not over-aggregate.
He continued, “If you go to Saudi Arabia today, if you go to the UAE, if you go to Qatar, if you go to Malaysia, if you go to Brazil, they are expanding the value chain and keeping it in their space. Now, one man built a refinery; we fought him, we argued with him. But the impact of that Dangote refinery on our GDP and foreign exchange is big.”
According to him, local refining and crude utilisation would also help stabilise the naira and strengthen the nation’s economy.
“If we can sell some oil in naira, let’s do it if it works for both parties. The strength of the naira is what it commands in trade. This is why nobody wants the naira outside this space, but the day you can pay for oil in naira because both parties agree, it strengthens the naira,” he said.
Adeyemi-Bero stressed that Nigeria must deliberately reduce its dependence on exports and focus on value creation to avoid future economic decline.
“We need to decline exports. All of us like to sell, but the person who will buy from us will be willing to buy at the right price. ‘I’m investing in dollars, so don’t come and buy in naira. If I invest in dollars, then pay me in dollars.’ But we could make that happen,” he stated.
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Senate Seeks Mandate To Track, Trace, Recover Stolen Crude Oil Proceeds

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The Senate Ad-hoc Committee on Oil Theft and Sabotage, has sought for an expanded mandate to track, trace, and recover stolen crude oil proceeds both locally and internationally.
Chairman of the committee, Ned Nwoko, made the call while speaking with newsmen, on the progress made so far by the committee, in Abuja, last Thursday.

Nwoko who is also the Senator representing Delta North Senatorial District, said that forensic reviews show over S22b, S81b and S200b remained unaccounted for across different audit periods.

“This is a national call to action. Nigeria cannot afford to continue losing trillions to corruption, inefficiency, and criminal networks.

“I remain committed, alongside my colleagues, to ensuring accountability, recovery, and reform within the oil and gas sector.

Nwoko stated that the Committee had earlier presented its interim report before the senate saying “Our investigation has so far uncovered massive revenue losses amounting to over $300 billion in unaccounted crude oil proceeds over the years.

“This represents one of the most troubling cases of economic sabotage our nation has ever faced.

“We have made far-reaching recommendations to end this long-standing menace.

“There is need for strict enforcement of international crude oil measurement standards at all production and export points.

He urged the federal government to mandate the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to deploy modern, tamper-proof measuring technology or return this function to the Department of Weights and Measures under the Ministry of Industry, Trade, and Investment.

The senator called for the deployment of advanced surveillance systems, including drones, to assist security agencies in combating oil theft.

He also called for the creation of a Special Court for Crude Oil Theft to ensure swift prosecution of offenders and their collaborators, saying it would also go a long way in tackling the challenge.

“We must also ensure the full implementation of the Host Communities Development Trust Fund under the Petroleum Industry Act (PIA) to empower local communities and reduce sabotage.

“Ceding abandoned oil wells to the NUPRC for allocation to modular refineries to support local production and job creation is also very vital in fighting the menace of oil theft and sabotage,” Nwoko further said.

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