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Cashless Policy: PHCN Assures Better Services

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13 years ago

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The Business Manager,

Diobu Business Unit of Power Holding Company of Nigeria (PHCN), Port Harcourt zone, Engr. Festus Nmegbu has assured customers of better services with use of cashless policy.

Engr. Nmegbu stated this in an interview shortly after a customers’ consultative council forum at Aldgate Hotel, Port Harcourt last week.

The Business Manager who was optimistic that the company’s application of cashless policy in settlement of electricity bills is in best interest of customers, said that PHCN is poised for in proved.

He noted that PHCNs involvement in the cashless policy in partnership with Fin Bank was necessitated by the complaints of customers who frowned at the time wasted in trying to pay their bills.

The Manager urged PHCN customers to use the current electronic device as shown by Fin Bin, stating that it will save time and also reduce the problems associated with the movement of cash, adding that all the charges would be paid by PHCN.

Speaking during the forum, the Area Executive of Fin Bank Port Harcourt (2), Mr Peter Agbaetuo who presented a paper on cashless society and settlement of electricity Bill at the forum, enlightened the customers on the benefits of embracing the CBN cashless policy.

Agbaetuo noted that cashless system will take effect in Lagos from December 31, 2012 and spread to other parts by January 1,2013, stating that the policy will reduce the rate of crime in the society. “When transactions are electronically done. It is easy to trace the movement of cash,” he started.

The Area Executive said that PHCN application of cashless policy in electricity bill settlement show’s the company’s  readiness to embrace e-payment development that will lead to efficient management and circulation of cash..

Fin Bank Group Head, E-banking, Mr. Segun Falana enlightened the customers on the use of the electronic derive to settle electricity bill, stating that the device also uses ATM card and will enable customers to pay the exact amount on the electric bill.

Falana stressed that the application of this policy by PHCN, Port Harcourt zone shows the company preparedness to enjoy the enormous befits of the system which will affect PHCN in the area of “superior performance for faster transactions and improved services.

He noted that the system is convenience, Easy to use and easy to manage.”

PHCN customers commended the company for being the first to apply the policy but stated that something need to bed done to ensure steady power supply after the payment of electric bills.

Lawson Egekwu whose bill was used to test-run the device confirmed that the system was faster and accurate.

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NPA Assures On Staff Welfare 

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2 weeks ago

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June 27, 2025

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The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure  and equipment  modernization drive  with the development of the welfare of its personnel.
Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the  clearing  of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.
A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying,  “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.
The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.
“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”
Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.
“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.
Speaking on behalf of the joint maritime labour unions, the President  of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”
Nkpemenyie Mcdominic, Lagos
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ANLCA Chieftain Emerges FELCBA’s VP

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2 weeks ago

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June 27, 2025

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National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).
The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.
Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.
Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.
The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.
The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.
The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.
Nkpemenyie Mcdominic, Lagos
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NSC, Police Boost Partnership On Port Enforcement 

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2 weeks ago

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June 27, 2025

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In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).
The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.
Executive Secretary/Chief Executive Officer of  NSC, Dr. Pius Akutah, made this known during a visit to the  Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.
The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.
Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.
He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.
“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.
Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.
The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.
“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.
Chinedu Wosu
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