News
Uwheru Resumes As MD/CEO Of PHED
Sequel to the recent restructuring of five DisCos in Nigeria, Dr Benson Uwheru, has assumed office as the new MD/CEO of the Port Harcourt Electricity Distribution (PHED) Plc.
Uwheru succeeds the former MD/CEO of the company, Dr Henry Ajagbawa, who has been appointed to manage the Benin Electricity Distribution Company (BEDC) due to his exceptional performance at PHED Plc.
A statement signed by the Head, Corporate Communications, PHED, John Anonyai, and made available to The Tide in Port Harcourt, last Saturday, said, Ajagbawa moved PHED from a loss to a profit-making organization within one year of his appointment as the Managing Director/Chief Executive Officer (MD/CEO) of the company.
Also, a new Board has been constituted for the PHED Plc following the restructuring.
The new board has Iboroma Akpana as chairman; while members includes Emmanuel Okotete; Eyo Ekpo; Ismaila Shuaibu; Alex Okoh – representing the Bureau for Public Enterprises (BPE).
“All appointments take immediate effect,” the statement said.
Ajagbawa achieved several milestones in the less than three years period he piloted the affairs of PHED.
Some of the strides he attained are; a total transformation of the work culture in the company, including improved staff welfare, development and expansion of technical, structural and other critical infrastructures that has stabilised the DisCo and its operations across its franchise area.
During his stint at PHED, Ajagbawa achieved an unprecedented growth in collection of revenue by over 120percent.
He also institutionalised corporate governance as the hallmark of the company’s modus operandi as outlined in over 100 policies and processes that has become part of PHED’s treasures.
Interestingly, the Federal Government, in her wisdom, appointed yet another cerebral administrator, Dr. Benson Uwheru, Doctor of Science, Financial Management (Honoris Causa), MCIU to take charge.
He is a Strategy and Risk Compliance expert, a respected thought leader across several areas of Corporate Governance and Compliance.
He comes in to ride on these milestones and take PHED to even greater heights.
Uwheru is a faculty member of the West African Institute of Financial and Economic Management (WAIFEM).
He pioneered the establishment of the Corporate Governance Centre of Excellence in Nigeria and the Financial Services Governance and Risk Academy.
An energy consultant, he worked with several clients in the power sector, formulating investment strategies, including mergers and acquisitions, leading to international expansion and diversification into new businesses.
He also led the review of the power sector market study with clear recommendations on challenges in the sector.
In Africa, he propelled the Corporate Governance Framework and Board Operations across sectors in 18 countries across the continent.
Until his appointment at PHED, Uwheru was a Partner at Ernst & Young and a Banking and Capital Market Sector Leader for West Africa.
He has extensive experience in Leadership, Corporate Governance, Strategy, Risk Management and Compliance.
Uwheru holds a degree in Accounting.
He is an Associate Member of the Chartered Institute of Bankers (ACIB), a Fellow of the American Academy of Financial Management, Fellow, Association of Enterprise Risk Management Professionals, and a Certified Risk and Compliance Management Professional (CRCMP).
By: Nelson Chukwudi
News
Victory Over Insurgency Certain, Tinubu Assures
President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.
The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.
He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.
Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.
“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.
“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.
The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.
Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.
He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.
“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”
The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.
The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.
Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.
News
US Embassy, Lagos Consulate Close Today For President’s Day
The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.
The mission made this known in a notice shared on its official X page, yesterday.
“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.
According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.
The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.
In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.
Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.
News
Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role
United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.
Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.
The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.
Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.
“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.
The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.
Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.
The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.
In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.
“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.
Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.
He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.
Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.
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