Business
PHED Debunks NBET’s Indebtedness Report
The Port Harcourt Electricity Distribution Company (PHED) has debunked claim that it is owing the Nigerian Bulk Electricity Trading, (NBET) for energy distributed to her customers in July as speculated by some media.
The Manager, Corporate Communication of PHED, John Onyi who disclosed this last weekend while reacting to some media publication that Kano and Yola Distribution Companies did not remit money in June and the list of zero perfomers grew to three in July with Port Harcourt, Kano and Yola not remitting a total of N7.9billion.
Onyi explained that the report was misleading and capable of sending wrong signals to her stakeholders and customers, stressing that her company signed mandate for instant transfer for the payment before 30th September deadline but surprised that the newspaper could not cross-check and verifiy her reports from the PHED before going to the press.
He noted that the payment of July energy was made 20 days before the publication, claiming that the publication was targeted at tarnishing the image and good work of the distribution company.
He warned journalists to always cross-check their facts before going to the press and maintained that PHED had been outstanding in its payment of energy bills to NBET as stipulated by law.
According to him,’’For the avoidance of doubt, a duly signed mandate for instant transfer for the said payment in July was presented to our bankers on 28th September 2017 prior to 30th September2017 being the deadline for the payment. It was acknowledged immediately as always the case for such instruction’’
“It is therefore, surprising that the newspaper that prides itself as one of the leading newspapers in the country did not cross check facts with PHED for the purposes of objectivity before the referenced publication, 20 days after the payment was made’’, he said.
Onyi advised journalists to always cross-check their facts before publication as he give the newspaper not The Tide the opportunity to apologise to the firm or make a retraction of the story.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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