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Aspirant Decries Power Equipment Vandalism In Imo

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A House of Representatives aspirant of the All Progressives Congress (APC) in Imo State, Mr. Kingsley Uju yesterday decried the increasing rate of vandalism of power equipment in most communities in the state.
Uju, who is currently the Deputy Chief of Staff to Governor Rochas Okorocha of Imo, is the sole House of Representatives aspirant of the APC for the Ohaji Egbema, Oguta and Oru West Federal Constituency.
The aspirant’s reaction is coming on the heels of agitations and appeals by some communities in the constituency that have been in darkness for over a year due to the vandalism of their transformers and power line cables.
The Enugu Electricity Distribution Company (EEDC) had in May, inaugurated a Special Investigation and Prosecution Force on Electricity Offences, to checkmate individuals and organisations engaging in energy theft and vandalism of electricity infrastructure.
The EEDC which covers the five South-East states of Abia, Anambra, Enugu, Ebonyi and Imo, says vandalism and theft remains its major challenge in effective power distribution in the region.
The House of Representatives had on February 22, mandated its Committees on Power, Police Affairs, Interior, National Security and Intelligence and Justice to examine the non-prosecution of electricity equipment vandals in the country.
The mandate followed a motion by Rep. Francis Uduyok on “the Call to Investigate the lack of prosecution of vandals of electricity cables and equipment in Nigeria.”
The aspirant said at an interactive session in Lagos that the state and even individuals had spent so much over the years trying to replace stolen and vandalised equipment in communities across the state.
“I have personally made donations of transformers to most of the communities in my constituency more than once. This is in addition to replacing stolen cables across the communities.
“The state has also expended funds meant for other infrastructure just to ensure that communities are not left in darkness.
“But we cannot continue to fold our hands and watch a few individuals continue to throw entire communities in darkness.
“I have procured new transformers for most of the communities and they are currently being installed,” he said.
According to him, the cost of replacing vandalised materials is unbearable as it runs into several millions of Naira.
Uju said that the socio-economic effect of vandalism was negative because it results in throwing the communities into darkness.
The aspirant noted that continued vandalism of power equipment was incapacitating PHCN from discharging its services to its consumers who turn around to blame governments for their woes which should not be.
“There are Laws stipulating jail terms and fines for vandals of electricity infrastructure but this can only be applied when those involved are caught,” he said.
Uju urged members of the State Security Service, Police and other law enforcement agencies to help to tackle the issue of vandalism of PHCN equipment in Imo.
“We spent millions of Naira to replace the equipment; this amount would have been better expended on new projects for residents,” he added.
He advised community development associations and other well meaning community members to be alert and assist in curbing vandalism of electrical equipment within their localities.
The Deputy Chief of staff also appealed to the National Assembly to come up with stiffer penalties for offenders that would serve as deterrent to others.
He reassured the communities involved that power supply would soon be restored as soon as the new transformers were installed.

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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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Oil & Energy

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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Oil & Energy

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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