Business
FG Moves To Address Complaints Against Electricity Firm

The Federal Competition and Consumer Protection Commission (FCCPC) on Wednesday met with electricity consumers in Edo State with a view to addressing complaints about electricity distribution in the state.
The head of the commission, Babatunde Irukera, gave the assurance at the commencement of a four-day electricity consumer complaint resolution platform in Benin.
He said the platform was being organised by FCCPC in conjunction with the MacArthur Foundation.
Irukera, represented by Abdullahi, the FCCPC’s commissioner in charge of operations, said the commission had been going round the country to listen to consumers’ complaints.
“We know there are issues because the FCCPC has been receiving your complaints.I will say electricity is among our major complaint issues that we have received so far in the commission.
“So that is the essence of the forum. We are here today to discuss issues of BEDC and you, consumers of electricity.
“Issues of poor customer service, disconnection without notice, outrageous and arbitrary billing, non-metering of customers, payment made for meters without supply.
“Other issues we know include prevention of customer vending as a result of disputed bills, undersupply of service in respect of service band allocation, mass disconnection as well as a general disregard for regulations,” he said.
He said electricity distribution had its own regulator, which is the Nigeria Electricity Regulatory Commission (NERC), but added that the FCCPC works with all other regulators.
According to him, FCCPC is the apex regulator that deals with competition and operations in the country.
“So we have to once again draw the attention of the BEDC, National Electricity Management Service Agency (NEMSA), as well as the NERC to the complaints from Edo electricity consumers.
“This is to let them know that every complaint by consumers in Edo, as well as those brought here today and the consecutive days that we are going to be here, must be treated and completely resolved.
“We will also give a timeline that would be adhered strictly to and any disregard to this would be viewed seriously by the FCCPC,” he said.
In his remarks, the head of Edo BEDC, Abel Enechaziam, said that lots of things were being done by the company to ensure that customers were happy.
Mr Enechaziam said the BEDC would try as much as possible to resolve the complaints by electricity consumers in the four franchise states of the company.
He disclosed that this year alone the company had received more than 459,000 customer complaints, while it had similarly attended to more than 455,000 of the cases.
“BEDC has a robust system put in place to attend to customers’ complaints, and we are ready to attend to your complaints,” he said.
He also said that the company currently had lots of network expansion going on, and gave assurance that it would ensure that customers were well taken care of.
Newsmen reported that most of the consumers at the forum sought to know whose responsibility it is to replace a faulty transformer between BEDC and consumers, while some others complained about outrageous estimated billings.
Business
Plastic Pollution, Threat To Mangroves In N’Delta – HYPREP

The Hydrocarbon Pollution Remediation Project (HYPREP) has expressed concerns that plastic pollution was an emerging threat to mangroves in the Niger Delta region of Nigeria.
It stated it would soon commence the shoreline clean up and mangrove restoration of oil-impacted areas in Ogoniland.
The Project Coordinator of HYPREP, Prof Nenibarini Zabbey, in his address to mark the 2023 World Environment Day, expressed regrets that plastics do not only suffocate and kill mangrove biodiversity, but also impact local livelihoods and compromises mangroves’ capacity to sequester and mitigate climate change.
According to him, a project with a mandate to remediate and restore oil-polluted ecosystems, HYPREP, was positioned to offer solutions to plastic pollution, which synergistically mitigate the effects of hydrocarbon contamination.
“The 2023 WED commemoration, which also marks the 50th World Environment Day celebration, presents a golden opportunity to deploy science, adapt innovation, and develop sustainable policies towards addressing environmental problems.
“HYPREP is about to commence shoreline cleanup and mangrove restoration in Ogoniland. Recently, plastic pollution has been identified as an emerging threat to mangroves in the Niger Delta”, he noted.
In proffering solutions to plastic pollution flex in line with the 2023 WED theme, the HYPREP boss recommended a reduction in plastic production and consumption, and the promotion of sustainable alternatives and reusable products.
Business
ICAN Urges Accountant General To Prioritise Financial Stability

The Institute of Chartered Accountants of Nigeria (ICAN) has called on the new Accountant-General (AG) of the Federation, Dr Oluwatoyin Madein, to ensure financial stability, transparency, and accountability in the country’s financial sector.
According to a statement, the President of ICAN, Dr Innocent Okwuosa, gave the admonition in Abuja, Tuesday, when he paid the new Accountant-General of the Federation a courtesy call in Abuja.
“The position of the Accountant-General of Nigeria carries immense responsibilities, especially now that Nigeria stands at a pivotal juncture, facing a rapidly evolving economic landscape, changing regulatory frameworks coupled with endemic corruption.
“As the Accountant-General, you have the responsibility for maintaining the financial stability, transparency and accountability of the nation as a whole”, he told the AG.
He, however, assured her of ICAN’s continued support to her office to ensure effective management of government finances, implementing, monitoring, and evaluating the country’s budget and other fiscal management obligations.
“We understand the enormity of your responsibilities and we will continue to encourage you and all our members in the public service and private sectors to adhere to the profession’s ethics to succeed”, he continued.
Okwuosa also used the opportunity to appraise the AGF of the ICAN Accountability Index, one of the institute’s innovations to contribute to the promotion of accountability and transparency in the Federation.
According to him, it is a novel and first-of-its-kind Index developed to assist the adoption of best practices in Public Financial Management in all tiers of government.
He added that the ICAN-AI had been ratified by several national and international organisations such as the World Bank, the Public Expenditure and Financial Accountability and the International Federation of Accountants as an equitable and professional way of monitoring Public Financial Management practices.
In her response, the Accountant-General conveyed her appreciation to the ICAN team for the honour bestowed upon her.
Business
NNPCL To Cut Fuel Import From August

The Nigerian National Petroleum Company (NNPC) says once the Dangote Refinery starts pumping out refined petroleum products from late July or early August, the NNPCL will cut down on its imports of Premium Motor Spirit, popularly called petrol.
NNPCL is currently the sole importer of petrol into Nigeria, a task which it had shouldered for several years. Other oil marketers stopped importing petrol due to their inability to access the United States dollars at the official rate.
NNPCL also owned 20 per cent stake in the Dangote Refinery. The 650,000 barrels per day crude oil processing refinery was inaugurated on May 22, 2023 by former President Muhammadu Buhari, who described the facility as a game-changer.
Also at the inauguration, the Founder/Chairman, Dangote Group, Aliko Dangote, said the facility would put an end to the inflow of toxic substandard petroleum products into Nigeria, adding that the refinery would meet 100 per cent of Nigeria’s fuel needs.
Dangote also stated that the refinery would start delivering refined products to the Nigerian market from late July or Early August this year.
According to the spokesman of NNPCL, Garba-Deen Mohammed, immediately Dangote Refinery begins to push out products in August, it would change the NNPCL fuel imports programme.
He said, “NNPC Limited is bringing in products from outside Nigeria as a matter of necessity, not as a matter of choice. We would have preferred that we produce here, refine here and we sell and provide the energy security that the country needs.
“Because of the circumstances that surround our refineries, we cannot allow the country to be grounded. So we have to buy wherever we can get and sell. So if Dangote products are available, why should we not buy from Dangote?
“There is absolutely no reason. And that is the reason why we are interested in the Dangote Refinery. We are co-owners, shouldn’t we do business with our partners rather than do it with other people?”
Muhammad stated that the NNPCL would be supplying crude oil to the Dangote Refinery based on business agreement between both parties, and that this would be in accordance with the international price of crude.
“NNPC owns 20 per cent of that asset and we have an agreement with Dangote that we will supply the refinery with crude. So as soon as Dangote begins to request for crude to pay for it, NNPC is prepared to supply the crude as a business transaction.
“We have been selling crude to different parts of the world for decades, and it is not whether we will sell it to Dangote, for why won’t we sell to Dangote when we are selling to other refineries and countries?
NNPCL Group Chief Executive Officer, Mele Kyari, recently stated that the supply of 300,000 barrels of crude oil per day by the national oil firm to the Dangote Refinery would start once the facility commenced operations.
to be produced by the Dangote Refinery would not be known at the moment until the refinery released its pricing template.
They expressed hope that the refinery would improve the petroleum products’ supply situation in Nigeria, but noted that the cost of white products would only be determined by the pricing template of the facility.
The Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, said, “By the time it starts producing, we would see how implementation is going to be and his template.
“We cannot say much about the refinery until it starts. So let us see the mode of production, how it is going to look like in terms of its pricing template”.
Also speaking, the President, Petroleum Products Retail Outlets Owners Association of Nigeria, Billy Gillis-Harry, said the pricing template from the new refinery would guide operators on what would be the cost of refined petroleum products from the facility.
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