Connect with us

Business

AEDC, Unions Adopt Condition Of Service For Staff

Published

on

The Abuja Electricity Distribution Company (AEDC) has  adopted a document for improved condition of service of the employees of the organisation.
The Tide source reports that the document on the condition of service was signed between the company and National Union of Electricity Employees (NUEE) and the Senior Staff Association of Electricity and Allied Companies (SSAEAC).
The Managing Director of AEDC, Mr Ernest Mupwaya said the document was designed to further improve the welfare of staff as well as create opportunity for inclusiveness of members of staff through negotiation.
According to him, the provision for improved condition of service for AEDC staff became necessary giving the indispensable nature of workers to the success of any organisation.
Mupwaya said the document was a step forward towards ensuring that the company’s employees were properly taken care of while in the service of the orgasnisation.
“We are promoting employee engagement, we are creating space so that everybody will be free to bring forward their ideas.
“We believe that the new challenges that we are facing the answers lie in our collective efforts.
“Everybody has got a role to play to bring up suggestions which if cemented in a formal programme will see a lasting change and customers and stakeholders will benefit.
“We are committed to creating a space where employees are fairly compensated for their job.
“Because organisations which do not create space for freedom of discussion engagement lose value in some areas.”
He said that the document would be used to define the behaviour of members of staff to improved performance in the discharge of their duties.
According to him, the document, which is based on the International Labour Organisation (ILO) standard, will be fully implemented.
He, however, said adjustment, amendments to the document would be entertained when the need arose.
Mupwaya said AEDC management was committed to improving electricity supply in its franchise areas.
According to him, the company has increased its distribution networks to accommodate the electricity load wheeled to it from the national grid.
“We don’t reject load, we share the electricity received to our customers.”
The AEDC MD said that the company had spent N400 million to expand its distribution networks.
He also said that the company had been consistent in remitting the market invoice to the electricity Market Operator (MO).
Mupwaya said that the company, since privatisation, had been able to reduce its operational loss from 60 per cent to 40 per cent, adding that plans were on to further reduce the losses by December.
He, however, decried the disparity on the tariff paid by DisCos for electricity generated and the Multi Year Tariff Order (MYTO) paid by electricity consumers.
He said that there was the need for adjustment in the tariff paid by DisCos for electricity generated.
The General Secretary of NUEE, Mr Joe Ajero urged AEDC management to make staff welfare a priority.
He said there was need to have a periodic review of the condition of service to ensure fair treatment of workers and customers satisfaction.
Ajero said that NUEE would support AEDC for the success of the organisation.
The President of SSAEAC, Mr Chris Okonkwo called for full implementation of the content of the document.
He said that it was important for AEDC management to always negotiate with staff on issues that needed to be addressed.

Continue Reading

Business

$5bn Train 7 Project 80% Complete -NCDMB 

Published

on

The Nigerian Content Development and Monitoring Board (NCDMB) has said the Nigeria Liquified Natural Gas (NLNG) Train 7 project has reached 80 percent completion.
The Board stated this in a statement released by its Corporate Communications Directorate to newsmen, recently, during the inauguration of 140 trainees for the Train 7 Project.
The trainees had undergone the Nigerian Content Human Capacity Development (NC-HCD) programme it organised in partnership with the Nigeria Liquefied Natural Gas (NLNG) Limited in Port Harcourt, the Rivers State capital.
The Tide gathered that the training programme was an intensive three-month Advanced NC-HCD Programme for the US$5 billion NLNG Train 7 Project on Bonny Island, Rivers State.
The trainees, The Tide further learnt are graduates in different academic disciplines who have completed a 12-month Basic Training Programme in diverse oil-and-gas-industry-related skill sets and are now set for an on-the-job phase which includes active hands-on participation in operational areas such as Turn Around Maintenance (TAM), Commissioning, and Desktop Programmes.
The Corporate Communications Directorate of the NCDMB told The Tide that in November 2024, a set of 331 trainees under Batch A of the NLNG T7 HCD Training Programme began capacity development in facility management, engineering, Information and Communication Technology (ICT), Health Safety and Environment (HSE), Quality Assurance and Quality Control, as well as welding and fabrication.
According to the Board, additional 77 trainees under Batch B of the same Training Programme began capacity development in data analytics and supply chain management among several other fields relevant to the operations of the oil and gas industry.
While addressing the trainees and trainers who were drawn from the Oil and Gas Trainers Association of Nigeria (OGTAN), Management Personnel of the NCDMB and NLNG, the Executive Secretary of NCDMB, Engr Felix Omatsola Ogbe, said the Advanced NC-HCD training is more than a milestone.
“The NC-HCD training programme is an expression of the collective commitment of the Board and the NLNG to nurturing world-class Nigerian professionals who will shape the future of our oil and gas industry.
“The Board has remained steadfast in its conviction that Human Capital Development is a critical investment in the sustainability and competitiveness of Nigeria’s oil and gas value chain”, the NCDMB boss said.
Ariwera Ibibo-Howells, Yenagoa
Continue Reading

Business

Ageing Aviation Workforce: Minister Urges Youth Grooming For Replacement 

Published

on

Worried by the ageing workforce in the country’s air transport sector, the minister of Aviation and Aerospace Development, Festus Keyamo, has urged the Federal Airports Authority of Nigeria (FAAN) and other stakeholders in the sector to groom youths.
He said the situation has resulted in widened knowledge gaps and operational challenges.
As a globally regulated sector, he said it was important that stakeholders put measures in place to attract the talents required to move the industry forward.
Keyamo, therefore, called on stakeholders in the industry to be deliberate in identifying, encouraging, nurturing and harvesting young talents to ensure a sustainable supply of manpower to the aviation sector.
Director of Public Affairs and Consumer Protection of the FAAN, Mrs Obiageli Orah, in a release made available to aviation correspondents, noted that the Minister deemed it necessary to attract the right quality of human resources required to move the sector forward.
“As a globally regulated sector, it is important that stakeholders put measures in place to continually attract the right quality and quantity of human resources required to move the industry forward.
“It is important to note that organising training programmes are avenues through which we can breed, nurture, and harvest such human resources.
“One of the critical challenges facing the industry is the ageing and retiring workforce, leading to widened knowledge gaps and operational issues.
“Training programmes, I believe, is among other things designed to make aviation appealing to the younger generation, while encouraging them to develop interest in taking up a career in the industry”, the statement stated.
Meanwhile, some aviation stakeholders have expressed concerns of countless young Nigerians who seek to make their mark in aviation, tourism, and the wider transport ecosystem but often face steep barriers to entry.
According to them, lack of access, limited mentorship, financial constraints, skill mismatches, and systemic gaps, among others, have posed some constraints to them.
Corlins Walter
Continue Reading

Business

Ogbe Gets Appo Board Appointment 

Published

on

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Felix Omatsola Ogbe, has been appointed into the Executive Board of the African Petroleum Producers’ Organisation (APPO).
The Tide gathered that by the appointment, Ogbe becomes Nigeria’s representative on the Board of the 18-member continental body, which has its headquarters at Brazzaville, Republic of the Congo.
Ogbe was picked for this role by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, who doubles as the Chairman of the NCDMB Governing Council.
The notice of the Executive Secretary’s appointment was conveyed in a congratulatory letter signed by the Director of Support Services, APPO, Mrs. Philomena Ikoko, on behalf of the Secretary-General of the organisation, Dr. Omar Farouk Ibrahim.
She applauded the NCDMB boss on the confidence reposed in him by the Minister, expressing her belief that he would make immense contributions to the development of the African oil and gas industry.
Mrs Ikoko stated that Ogbe was joining the Executive Board of APPO at a challenging time for the oil and gas industry, especially in Africa.
“Your appointment is a major call to duty for Nigeria and the continent. The secretariat will give you the support you will need to make a success of your assignment”, she said.
According to a statement by the Directorate of Corporate Communications and Zonal Coordination, the NCDMB played key roles in catalysing the operations of APPO and the development of local content in Africa.
The statement added that the board was providing institutional support and mentorship to several oil producing countries in their formulation of local content policies.
“The NCDMB initiated the African Local Content Roundtable (ALCR) and hosted the inaugural edition in Yenagoa, Bayelsa state, in June 2021, and the event was attended by key officials of APPO and other oil industry players.
“The idea for the Africa Energy Bank (AEB) was mooted by NCDMB’s officials at the event, as one of the strategies that would accelerate the growth of the African oil and gas industry and deepen local content.
“The Board also collaborated with APPO to host subsequent editions of the African Local Content Roundtable (ALCR), including the 2023 edition held at Abuja.
“The Africa Energy Bank, which APPO is setting up at Abuja, is aimed at pooling financial resources needed to fund big-ticket oil and gas projects across the continent, and bridge funding challenges currently impeding the development of the sector”, the NCDMB’S said.
Meanwhile, the APPO Secretary-General has said the Africa Energy Bank seeks to fund oil and gas projects across economies in Africa and help to plug critical financing gaps that exist through the continent’s over reliance on financiers from the West.
He added that each APPO member country is expected to raise $83 million with an objective of raising $5 billion capital for the establishment of the Bank.
The Tide learnt that recently Nigeria, Angola and Ghana have contributed their share capital for the African Energy Bank, which represents 44 percent of the trio’s contributions to the minimum capital that is required from oil producing countries in the continent.
It would be recalled that at the Nigerian Oil and Gas Opportunity Fair (NOGOF) held recently, the NCDMB’s Scribe confirmed that the agency was part of key institutions that pooled resources for the formation of the Africa Energy Bank.
Ogbe announced that the Bank will open for business before the end of the 2nd quarter of this year, 2025, expressing hope that it will create more funding availability for local oil and gas projects and companies.
Similarly, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, had stated at the Offshore Technology Conference that Afrexim Bank has already raised $19billion for the take-off of the Africa Energy Bank.
According to him, $14 billion out of the funds represents the bank’s financial exposure on African oil and gas projects, with the additional $5 billion as take-off capital.
Ariwera Ibibo-Howells, Yenagoa
Continue Reading

Trending