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FOCPEN Also Urged That There Must Be Regulatory Sanctions Against EEDC

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“Apply Regulatory Sanctions against EEDC: NERC must sanction EEDC for its actions.  The Commission must prove that it has the teeth to regulate the NESI as the apex regulator and protect consumers from the tyranny of powerful Successor DisCos HoldCos that are currently its licensees”, said the forum.
The FOCPEN strongly condemned the recent and ongoing power outages in Enugu State, attributable to a deliberate action by EEDC to reduce power to Enugu State electricity market.
The statement reads in part: “EEDC has based its decision  on the recent tariff order issued to its subsidiary company, MainPower Electricity Distribution Limited (“Main Power”), by the Enugu Electricity Regulatory Commission (the “Regulator”), which reduced Band A electricity tariffs from N209/kwh to N160/kwh effective from August 1st, 2025.
“FOCPEN views this unilateral action by EEDC not merely as a regulatory dispute with the Regulator, but as a declaration of war on the good people of Enugu State by EEDC. FOCPEN wishes to state that EEDC’s reckless action is a grave violation of its license obligations under existing national electricity regulations. EEDC’s action is also a clear demonstration of the flawed privatization process that has empowered private investors of DisCos to deprive citizens of essential electricity services with impunity.
“FOCPEN wishes to state unequivocally that if MainPower or EEDC believe the tariff as set by the Regulator is inadequate, the appropriate and legal path is to seek a review through established regulatory processes.
 To resort to an arbitrary disconnection or reduction of power by up to 50% to a State, smacks of blackmail by EEDC.
“EEDC’s action also portends grave danger for consumer rights in the NESI, and undermines the ongoing implementation of State Electricity Markets (SEM). Furthermore, it exposes the alarming market power of DisCos to hold electricity regulators at sub-national and at the federal level, to ransom.
“EEDC’s action sets a dangerous precedent for other DisCos to undermine the successful implementation of the Electricity Act 2023 and decentralization of electricity regulations.
“FOCPEN calls on the Nigerian Electricity Regulatory Commission (NERC) to immediately call EEDC to order. NERC, as the current regulator of EEDC, must investigate this matter thoroughly and sanction this unacceptable action by EEDC, which FOCPEN believes has no regulatory approval from NERC.
“To prevent such reckless action by a Distribution Licensee from happening again, FOCPEN demands the following:
“FOCPEN will continue to monitor the situation closely and will not hesitate to take further action to ensure the rights of consumers within SEMs are protected. FOCPEN stands in solidarity with the people of Enugu State and call on all relevant authorities to address this crisis with the urgency it deserves.”
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Pipeline Explosion In Abua Odua, LGA Chair Calls For Calm

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Fresh explosions have hit oil and gas pipelines in Odau Community, in Abua/Odual Local Government Area of Rivers State, triggering a major security and  environmental crisis that has forced residents to abandon their homes.
The first incident occurred  along the Kolo Creek – Rumuekpe crude oil pipelines, operated by Renaissance Africa Energy Company Limited.
This was followed by a gas pipeline explosion on the Ogboinbiri – Obirikom Gas Pipeline, operated by Oando Plc, in the same week.
In a statement by the Abua/Odual Council Chairman, Hon. Owolobi Michael Ofori said  the blasts, suspected to be the handiwork of militants, have unleashed persistent gas leakage in the area, raising fears of fire outbreaks and toxic exposure as residents of Odau have largely deserted the community due to the dangerous situation.
According to him, some residents of the area have been hospitalised after inhaling the leaking gas, adding that the impact has spread to neighbouring communities, including Obedum, Emirikpoko, and Anyu in Abua/Odual LGA, as well as Oruma and Ibelebiri in Bayelsa State.
Hon. Ofori expressed deep concern over the plight of the affected residents and urged the operating companies to act swiftly.
The Council expressed its deepest sympathy to all affected persons and communities and remained gravely concerned about the safety, health, and welfare of residents whose lives and livelihoods have been disrupted by these incidents.
“We call on Renaissance Africa Energy Company Limited and Oando Plc to immediately deploy all necessary technical and emergency response resources to contain the fires, halt the gas leakage, secure the affected pipeline corridors, and mitigate further environmental and public health risks.” the Council Chairman Said.
The chairman also appealed to the two oil firms to provide immediate humanitarian assistance and relief materials to the displaced residents while work continues to restore normalcy.
The Council Chairman said he is working closely with security agencies and emergency responders to monitor the situation and coordinate necessary interventions.
The Council Boss advised Residents of the Local Government Area to remain calm, cooperate with authorities, and adhere strictly to safety directives.
Ofori further called on the National Emergency Management Agency (NEMA), the National Oil Spill Detection and Response Agency (NOSDRA), the Rivers State Government, and other relevant bodies to intervene urgently to prevent  loss of lives and environmental damage.
Hon. Ofori assured that the council remains committed to the protection and welfare of its people and will continue to engage all stakeholders to resolve the crisis.
Enoch Epelle
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Fidelity Bank Collaborates YEIDEP To Empower Nigerian Students

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Fidelity Bank Plc has reaffirmed its commitment to youth empowerment, financial inclusion and entrepreneurship through a strategic partnership with the Youth Economic Intervention and De-radicalization Programme (YEIDEP), a Federal Government-backed initiative aimed at equipping young Nigerians with the skills, support and opportunities needed to build sustainable livelihoods.
Under the partnership, the bank will support the enrolment of students and young people into the YEIDEP programme, which is designed to tackle youth unemployment, promote enterprise development and expand economic participation among Nigeria’s growing youth population.
The next phase of the initiative is scheduled to end today at Nnamdi Azikiwe University, Awka, where the enrolment exercise for students and youths across the South-East that started since July 1st would be concluded at the university’s Convocation Arena.
The exercise is expected to reach more than 60,000 regular undergraduate students.
Speaking on the partnership, Fidelity Bank’s Divisional Head, Product Development, Osita Ede, said youth empowerment remains central to the bank’s vision of building a more inclusive and prosperous society.
He noted that Nigeria’s youths represent the country’s greatest asset and stressed that providing them with the right skills, opportunities and financial support is critical to unlocking their potential and driving national development.
According to Ede, the bank continues to provide young Nigerians with tools for success through its digital banking platforms, financial literacy initiatives, youth-focused products and strategic partnerships.
He added that Fidelity Bank recognises that limited access to funding, mentorship and business development support remains a major challenge for many aspiring entrepreneurs, and is committed to creating pathways that will help them overcome these barriers.
The bank said its support for YEIDEP aligns with its longstanding commitment to empowering Micro, Small and Medium Enterprises (MSMEs), which it described as key drivers of economic growth and job creation in Nigeria.
Interested students and youths have been encouraged to open Fidelity Bank accounts and register for the programme through the bank’s dedicated online portal.
Nkpemenyie Mcdominic, Lagos
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