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Inefficient Policies Impeding Power Sector Progress – Reps

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The House of Representatives Committee on Power, has attributed the crisis in the power sector to lack of efficient and dynamic policies.
The Chairman of the Committee, Rep. Magaji Aliyu, said this on Wednesday in Abuja, at the third annual general meeting of the Association of Rural Electrification Contractors of Nigeria (ARECON).
Aliyu said that the relocation of certain parastatals and agencies under the ministry of power to other ministries was an aberration and one which was causing confusion in the sector.
According to him, there must be a desired formula that ensures that irrespective of inherent politics, the Minister of Power must be allowed to drive power processes in the country without interference.
“Today, you will hear that a particular part of ministry of power has been shifted to another organisation, which I believe is an aberration of the concept.
“For example, Nigeria Bulk Electricity Trading Company, there is a tug of war, where does the organisation belongs, is it in power or is it in Ministry of Finance, there is an issue of Hydro-Power Development Authority is it going to the presidency, or is this going to power?
“I believe that there are political machinations not to allow power grow in this country.”
He said it was understandable that the sector had multi-dimensional problems which were evident in distribution, transmission and generation.
Aliyu said that the problems in the sector were enormous as Nigerians were paying for the power they did not consume, a situation he said was undesirable.
He, however debunked strongly the allegation that lawmakers interfere in the procurement process in contract awards to contractors, saying it was untrue.
Former Chairman, Mr Sam Amadi, Nigerian Electricity Regulatory Commission (NERC), said that that one of the ways to improve the sector was to promote local content law to help industrialisation to begin the manufacturing of the equipments needed.
According to him, if this is realised, it will help local manufacturers to optimise production, create wealth and jobs.
On tariffs, he said there was need for regulatory credibility and stability, adding that independent regulators help to attract more investors into the sector.
“If you set up a group like this and empower them, you can set up and use them to ensure that there is little or no project failure.”
He advised ARECON members to organise themselves to be a real trading section in the sector as was obtainable in other sectors of the economy.
Amadi, also said that as a major player in the sector, they should build their capacity to be a voice to determine how policies ensures the growth of the sector.
Chairman of ARECON, Mr Uchenna Akubuobi said that since privatisation in 2013, the sector was yet to satisfy the yearlings of electricity consumers in Nigeria.
He said that some of the factors militating against achieving power sector goals were low daily generation, weak transmission grid resulting in frequent system collapse and vandalisation of electricity infrastructure.
Others are poor funding by private investors after the take over of the acquired assets and Distribution Companies (DISCOs) incapacity to take load from transmission stations.
“ARECON is prepared to work with the government  to ensure that electricity gets to the rural communities within the shortest possible time.
“This will stem rural migration to cities and engender economic prosperity.”
He, however, urged the Federal Government to increase budgetary allocation to the Rural Electrification Agency to allow for more projects to the rural communities.
He added that a law should be enactedÎ to restrain any other government agencies from carrying out rural  electrification projects in any part of the country.

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Maritime

Shippers’ Council Registers 160 Port Operators

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The Nigerian Shippers Council (NSC) says it has registered 160 Port stakeholders into its Regulated Port Service Provider and Users platform since the initiative began in 2023.
Executive Secretary, NSC, Mr Pius Akutah, made the disclosure on the sideline of a sensitisation programme by the commission for port operators in Lagos, with the theme, “Regulated Port Service Provider and Users”.
Represented by the Director, Consumer Affairs, Chief Cajetan Agu, Akutah emphasised the significance of the programme for stakeholders.
He said the sensitisation programme was the second edition after its commencement during the last quarter of 2023.
The Secretary said the 160 registered port operators consist of agencies, terminal operators, shipping companies, individual port users as well as service providers.
“We invited the ports stakeholders for enlightening them on the processes for online registration of Regulated Port Service Provider and Users.
“We have demonstrated to them how to register and how to make payment and we were able to present before them the various categories of the registration.
“The rate of payment is also in the registration. The payment of each group depends on the operation. A shipper pays N30,000, terminal operators and shipping companies pay N300,000, truckers also pay N30,000, while some pay N50,000 and N100,000.
“The Council was able to intimate them on the benefits, because port users benefit more as we help to interface on reducing port charges from time to time”,  Akutah said.
He said  that there was a need to continue to work with port operators to stop delays and eliminate high costs to make the port efficient.
Also speaking, the Deputy Director, Stakeholders, Service, NSC, Mr Celestine Akujobi, said “the sensitisation exercise was important for the council to enable us bring all the port stakeholders together”.
According to him, this is to avoid challenges during the implementation of the council’s responsibilities.
“By the time we introduce sanctions on defaulters, no operators will complain that he or she is not aware of the registration.
“I’m happy with the turnout of this sensitisation. This shows that the operators are well informed of the statutory friction of the council as the port regulator.
“The final implementation will commence as soon as we discover that all the operators have keyed into the portal.
“We are engaging other ports across the country and we’re hopeful that before the last quater of 2024, the council will implement sanctions on defaulting operators”, Akujobi said.
Earlier, Vice Chairman, National Association of Government Approved Freight Forwards (NAGAFF), Dr Ifeanyi Emoh, said  port challenges were enormous, adding that they originated from some of the government agencies.

Emoh urged the council to look into regulating other government agencies, so that there could be a window through which they can collect port charges collectively instead of indiscriminately.

By: Chinedu Wosu

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Business

Chivita, Hollandia Reward Outstanding Trade Partners At Annual Conference

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Chivita| Hollandia (CHI Limited) leading fruit juice and value-added dairy manufacturer in Nigeria has rewarded its long standing distributors at the recently held 2024 Distributor Conference. The event with the theme, “Break Boundaries Exceed Expectations” served as a platform to recognise and reward the exceptional contribution of the distributors and wholesalers who play a critical role in Chivita|Hollandia (CHI Limited) success and business goals for the year.
The Distributor Conference was held in two sessions. While the morning session featured keynote addresses, industry insights and brand immersion experience, the evening session was a cultural display of elegance and funfair that culminated in the award presentation and recognition of the contribution the trade partners made to the company in the 2023 year under review.
A key highlight of the event was the award ceremony which acknowledged outstanding trade partners in various regions across the country. The awards recognized commitment, dedication, and outstanding performance in areas of sales growth, brand promotion, and market expansion.
Eelco Weber, Managing Director, Chivita|Hollandia (CHI Limited), stated that the company’s success story is incomplete without the strong partnerships it has built with trade partners. “Today, we celebrate not only the achievements, but the collaborative spirit that has made our growth possible” he said.
Bola Arotiowa, Chief Commercial Officer, Chivita|Hollandia (CHI Limited), in his statement revealed that, the event which was first of its kind will continue to be an annual meeting to enable the company work more closely with its distributors, share insights and action points, help the trade partners familiarize themselves with the company’s goals and objectives for each year, and serve as a driver for mutual success.
“Our distributors are the backbone of Chivita|Hollandia (CHI Limited). Their relentless efforts in distributing our products, promoting our brands, and expanding our reach across the nation is truly commendable. As the bridge between us and our valued consumers, it is very important to reward their hard work and dedication for being an essential part of the Chivita|Hollandia (CHI Limited) family. Together, we will continue to deliver great products to our conusmers which in turn will deliver value to them”, Mr. Arotiowa added.
Speaking at the conference, HajiyaBilikisuSaida, Chief Executive Officer of Smabirm Nigeria Limited, who won the Outstanding Distributor of the Year in North 1 region, and got a reward of two million Naira worth of Chivita|Hollandia (CHI Limited) products expressed delight at the company’s recognition, and stated that the awards served as a way to inspire distributors to do more and put in more effort, which in turn would help both the distributors and the company to grow.
Other outstanding performance distributors of the year rewarded with a two million Naira worth of Chivita|Hollandia (CHI Limited) stock include, Sunny Chuks Limited for East 1 region, MRS FA & Sons Limited for East 2 region, Hussakas Ventures for North 2 region, Rookee 1388 Ventures for Lagos 1 region, Pik N Pil Ventures for Lagos 2 region, FaithJoe Event Management Limited for West 1 region, and Progress Family Nigeria Enterprise for West 2 region.
The annual Distributors Conference aims to strengthen the bond between Chivita|Hollandia (CHI Limited) and its trade partners. This collaborative approach fosters mutual growth and ensures the continued success of the brands in the Nigerian market.
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Business

AXA Mansard Backs Female-Owned MSMEs With N1.4m Grant

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A global leader in insurance and asset management, AXA Mansard, has supported three female-owned MSMEs with business grants totaling 1.4 million to boost their operations.
This, the company said, is part of its commitment to women and the Medium, Small, and Medium-scale Enterprise (MSME) sector in the country.
The three businesses were successful at the International Women’s Day Pitch Competition, organised in partnership with SME 100 Africa in Lagos.
According to the Head of Marketing, AXA Mansard, Olusesan Ogunyooye, the competition, which is aimed at supporting female entrepreneurs in Nigeria, “is another way AXA is demonstrating its commitment to the causes of women and stimulating the MSME sector in Nigeria”.
The business pitch competition received numerous entries from women across different sectors, but after a rigorous selection process, shortlisted participants were selected to participate in the competition.
Ogunyooye said “the programme provided a unique opportunity for women from various works and socio-economic classes to showcase their innovative ideas and solutions in sectors such as food, tech, fashion, and fragrance, creating an atmosphere filled with excitement, enthusiasm, and a strong sense of community”.
He stressed the importance of investing in women, saying it is not just the right thing to do, but also aligns with AXA’s purpose of acting for human progress.
He explained that AXA believes the future of women should not be at risk, hence investing in their economic empowerment is a crucial part

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