Connect with us

Business

Revoke PHED Contract, FG Urged

Published

on

Hon. Belema Okpokiri (left), member representing Okrika Constituency, Rivers State House of Assembly explaining a point to HRH Emmanuel Obudibo (JP) Amayanabo of Ogoloma (right) during the commissioning ceremony of an ultra modern market in Okrika recently, while Chief E. A. G. Inimgbatuboni  III, Head Chief, Amadi-Ama Community  and others watch.              Photo: Ibioye Diama

Hon. Belema Okpokiri (left), member representing Okrika Constituency, Rivers State House of Assembly explaining a point to HRH Emmanuel Obudibo (JP) Amayanabo of Ogoloma (right) during the commissioning ceremony of an ultra modern market in Okrika recently, while Chief E. A. G. Inimgbatuboni III, Head Chief, Amadi-Ama Community and others watch. Photo: Ibioye Diama

Consumers of electricity
in Port Harcourt and its environs have called on the Federal Government to revoke the contact with the Port Harcourt Electricity Distribution Company (PHED) as a result of poor power supply to the people of Rivers State.
Some of the consumers who spoke to our correspondent in an interview on Friday said the former contractors, Power holding Company (PHC) are far better than the current ones, and alleged sabotage and incompetence on the job.
They said that all what the PHEDC is after had been exorbitant and frivolous bills without corresponding electricity supply, pointing out that the situation is fast becoming alarming that if no action is taken, the Federal Government would be blamed for the failed project.
According to them, it is unfortunate and disheartening that despite the full and concrete assurance by the Federal Government on constant or improved Power Supply, it is even the worst with the current Port Harcourt Electricity Distribution Company.
The consumers lamented that for the Federal Government to redeem its image and promises of improved electricity Power Supply in the states, they should revoke the contract and award it to more competent hand that could satisfy the yearnings of the taxpaying masses, as they have a right to enjoy constant electricity supply as one of the social amenities by the Government.
Senibo Allwell hart in his comment said people are no longer enjoying electricity in Port Harcourt unlike before, and that since PHED came on board, it is exorbitant bill only.
Hart however called for improved Services so that people could do business and relax with the Power Supply.
Mrs Florence Johnbull has this to say, “If the Government is sincere enough to the electricity supply to the masses, let them call PHED to order or cancel the contract, because we are not benefiting from the light which they promised to improve upon.
They should do something on the light because the situation is worst with the Port Harcourt electricity Distribution Company (PHEDC). Let them try”.
Monday Eni also decried the poor electricity supply in Port Harcourt, saying that as a welder, he could not do his business except to buy diesel to power his plant when at the end of the month, PHED brought bill that no one could understand.
According to Eni, “if they cannot give the masses light, let them tell the government and the people of the state for a better company to take over”.
A liquor dealer, Mrs Priest-ba-Soberekon said the situation was getting worst every day. She could not freeze her dinks for sale except when she used the generator, which is not suppose to be as a taxpayer as well as electricity bill every month, and called on government to take action before the consumers lose their temper.
In his reaction, the Manager Public Communication of PHED, Jonah Iboma said customers dismay over poor electricity supply is normal, but that honestly, they could not improve on their distribution when the Federal Government power generation is less than 3,000 mega watts in the country.
Iboma however appealed to the consumers to understand and to expect some improvement this year as the government and the company are intensify in plans to satisfy the public with improved electricity supply.

 

Collins Barasimeye

Continue Reading

Business

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

Published

on

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
Continue Reading

Business

President Tinubu Approves Extension Ban On Raw Shea Nut Export

Published

on

President Bola Ahmed Tinubu has approved the extension of the ban on the export of raw shea nuts for a further one year, from February 26, 2026, to February 25, 2027.
Bayo Onanuga, Special Adviser to the President on (Information and Strategy) who disclosed this on Wednesday, February 25, 2026 stressed the Federal Government remains committed to policies that promote inclusive growth, local manufacturing, and position Nigeria as a competitive participant in global agricultural value chains.
The decision underscores the administration’s commitment to advancing industrial development, strengthening domestic value addition, and supporting the objectives of the Renewed Hope Agenda.
The ban aims to deepen processing capacity within Nigeria, enhance livelihoods in shea-producing communities, and promote the growth of Nigerian exports anchored on value-added products.
To further these objectives, President Tinubu has authorised the two Ministers of the Federal Ministry of Industry, Trade and Investment, and the Presidential Food Security Coordination Unit (PFSCU), to coordinate the implementation of a unified, evidence-based national framework that aligns industrialisation, trade, and investment priorities across the shea nut value chain.
He also approved the adoption of an export framework established by the Nigerian Commodity Exchange (NCX) and the withdrawal of all waivers allowing the direct export of raw shea nuts.
The President directed that any excess supply of raw shea nuts should be exported exclusively through the NCX framework, in accordance with the approved guidelines.
By: Nkpemenyie Mcdominic, Lagos
Continue Reading

Business

Crisis Response: EU-project Delivers New Vet. Clinic To Katsina Govt.

Published

on

A Non – Governmental Organisation (NGO), Mercy Corps, has handed over a newly constructed Veterinary Clinic and a rehabilitated structure in Danmusa Local Government Area (LGA), to the Katsina State Government.
The project, which included a 20,000-litre capacity upgraded solar-powered borehole, was executed under the European Union-funded Conflict Prevention, Crisis Response and Resilience (CPCRR) project.
The initiative is being implemented in collaboration with the International Organisation for Migration (IOM), and the Centre for Democracy and Development (CDD).
Speaking during the handover ceremony, Wednesday, the Commissioner for Livestock and Animal Husbandry in Kastina State, Prof Ahmed Bakori, commended Mercy Corps and its partners on such commitment to support peace and development in the state.
While praising the state government for restoring peace and stability, the said project would improve livestock services and the welfare of farmers who depend on animal health services for livelihood.
Bakori buttressed that improved security in the state had enabled development partners to implement meaningful interventions in communities affected earlier.
He said, “Recently, Gov. Dikko Radda was in South Africa to explore strategies for boosting livestock production and strengthening the livestock value chain in line with the government’s economic development agenda.”
In his remarks, Mercy Corps Senior Programme Manager, Mr Philip Ikita, expressed satisfaction on the timely and successful implementation of the project in Danmusa.
He stated that although Mercy Corps began its operations in the state in 2023, security challenges, had initially prevented the organisation from accessing some areas, including Danmusa.
Ikita said that the project would improve access to essential services, strengthen livelihoods and contribute to sustaining peace in the community.
“The project involves the upgrade of a veterinary clinic from a two room structure into a fully functional six office facility, embarked on to strengthen livestock healthcare services in the area.
“The programme builds on the success of the Conflict Mitigation and Community Reconciliation (CMCR) project and seeks to promote long-term peace and stability in Northwest Nigeria.
“It works across 48 communities in Zamfara and Katsina States, addressing the root causes of conflict, enhancing community resilience, and strengthening socio-economic recovery,” he said.
Also, the District Head of Danmusa, Ahmadu Abubakar, expressed appreciation to Mercy Corps and its partners for the intervention, describing the projects as timely and beneficial.
Earlier, the Chairman of Danmusa LGA, Ibrahim Na-Mama, represented by his Deputy, Musa Muhammad, expressed appreciation for the projects, assuring that the council would support efforts to safeguard them.
Continue Reading

Trending