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TCN New MD Suspends Payments, Contracts, Purchase Orders - Politics - Nairaland

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TCN Begins Nationwide Load-shedding As Power Generation Drops By 1087MW / Nigeria Will Continue To Suffer Power Crises Till 2028 – TCN / Eight Discos Turns Down 1,337MWH From TCN Despite Erratic Supply To Consumers (2) (3) (4)

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TCN New MD Suspends Payments, Contracts, Purchase Orders by osahonmk(m): 4:17pm On Feb 07, 2017
The disagreement between the Federal Government and workers of the Transmission Company of Nigeria (TCN) over the appointment of a new managing director/chief executive officer for the power firm deepened on Monday as the newly appointed CEO, Mr. Usman Mohammed, ordered the immediate suspension of all payments, award of contracts and issuance of local purchase orders by the TCN.

Mohammed’s order was followed by another round of protest by workers of the firm under the aegis of the National Union of Electricity Employees and the Senior Staff Association of Electricity and Allied Companies, who insisted that the new CEO would not gain entry into the office of the managing director.

On Friday, the Permanent Secretary of the power arm of the Ministry of Power, Works and Housing, Mr. Louis Edozien, announced that the Federal Government had approved the secondment of Mohammed as the interim managing director/chief executive officer of the TCN despite protests by the workers against the move a day earlier.

Mohammed, according to the permanent secretary, had already resumed duty as of the time the announcement was made.

But it was observed that Dr. Abubakar Atiku, the former boss of the transmission company, occupied the office of the MD/CEO on Monday despite the supposed resumption of work by the interim boss.

However, in a memorandum to all executive directors and general managers of the Transmission Service Provider and Independent System Operators of the TCN, which was obtained by our correspondent in Abuja on Monday, with reference number TCN/TCEO/01/C.001/Vol.001/2017 and signed by Mohammed on February 3, 2017, he ordered the temporary suspension of payments, award of contracts and issuance of the LPOs.

He said, “Sequel to my assumption of duty on appointment as the Transitional Chief Executive Officer of the TCN, and in view of effecting controls on our payment systems, repositioning the organisation for greater transparency and improved efficiency, you are hereby directed to suspend all payments in all the TCN related accounts with immediate effect.

“This comprises all payments in respect of capital projects through the GIFMIS (Government Integrated Financial Management Information System) accounts, Remita payment platform via the Treasury Single Account with the Central Bank of Nigeria and payment via the CBN foreign transaction accounts in headquarters, except operational activities, which must have the approval of the TCEO.

“In addition, there shall be no issuance of contract awards, local purchase orders, work orders and letters of intent. The suspension exercise is expected to be lifted within one week from the date of this memo. This is for immediate compliance, please.”

Reacting to the development in a joint statement issued by the Abuja Chapters of NUEE and SSAEAC on behalf of the TCN employees, the unions argued that the National Assembly had advised that Atiku be allowed to continue as the MD/CEO until all the contending issues were resolved.

The unions stated, “But the permanent secretary still stands his ground by pushing for Mohammed as the CEO of the TCN. What does he stand to gain by disrupting the good flow in the power sector?

“The man that the permanent secretary is pushing forward is of the African Development Bank. The AfDB is about granting a loan to the TCN. That is the only credential on the basis for which the TCN is being conceded to the AfDB. Mohammed has since allegedly issued circular stopping all forms of transactions, including payment of any form by the TCN management.

“This is not an approach of a man who came to work and move things forward in the interest of the nation and Nigerian workers. We are, therefore, calling on well-meaning Nigerians to impress it on the government and its cohorts to please stop this ugly push that will slow down the progress already made in the power sector.”

The Special Assistant to the Minister of Power on Media, Hakeem Bello, however, stated that Nigerians should disregard the allegations by the unions as Fashola was aware of the approval of an interim CEO for the TCN.

He also stated that his boss was aware of the invitation by the National Assembly concerning the appointment of Mohammed, who before now, was an employee of the AfDB.

http://www.energywatchng.com/tcn-new-md-suspends-payments-contracts-purchase-orders/

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by SalamRushdie: 4:21pm On Feb 07, 2017
Another Buharistic type leadership based on all brawn and no brains , watch as this sensationalist will bring TCN to its knees in the coming weeks ..He suspended all purchases orders including genuine and critical ones needed in time to improve power supply ..A good leader will take his time and study the orders to know which is strategic to the timely success but a Buharist will show up tense the whole industry up by announcing a blanket suspension of orders which will in turn tense up creditors to TCN vendors and make things worse

7 Likes

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by daftpikin: 4:21pm On Feb 07, 2017
Naija I hail thee

Little power about to become no power at all

1 Like

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Drversatile: 4:21pm On Feb 07, 2017
What do you expect when you bring someone from AFDB to head a critical part of our power sector? This is another 100 step backward. Those contracts that are revoked will be technical to the sustainability of the next to nothing Megawatts we have.

TCN should be headed by a technical person.

4 Likes 2 Shares

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by emeijeh(m): 4:30pm On Feb 07, 2017
Darkness everywhere

14 Likes 1 Share

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by amiibaby(f): 4:32pm On Feb 07, 2017
Okay................ NEXT
Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by dessz(m): 4:32pm On Feb 07, 2017
I wonder when our phcn will actually live to their name. cry

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Angelb4: 4:32pm On Feb 07, 2017
How much do I need to go and stay in Cameroon pls? If not for anything, they just won the AFCON
Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Opakan2: 4:32pm On Feb 07, 2017
Nice move..

whether children of hate likes it or not, transparency will prevail

5 Likes 3 Shares

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by gurunlocker: 4:33pm On Feb 07, 2017
Make these people no vex strike now o.....
Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Nobody: 4:33pm On Feb 07, 2017
The only thing electricity workers are good for is demonstrations. Actual work /competence is out of the question. They think they can continue to behave like incompetent government workers

18 Likes

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by SexyNairalander: 4:34pm On Feb 07, 2017
booked
Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by admax(m): 4:36pm On Feb 07, 2017
The funny thing is that the Usman Mohammed was a former staff of TCN who left for AFDB.

TCN really needs to be restructured and I support the move by the Ministry of Power.

There are some cabals in TCN who feel threatened by this man.

18 Likes 1 Share

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Nobody: 4:36pm On Feb 07, 2017
The workers protesting are clearly on the wrong. They are employees and should focus on the job they are employed to do.

They are not employed to tell management how to run the company.

But with everything Nigerian, it will soon be politicized.

15 Likes

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Nobody: 4:38pm On Feb 07, 2017
Lazy associations here and there

5 Likes

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by OlujobaSamuel: 4:46pm On Feb 07, 2017
dss needs to visit this people

6 Likes

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Wiseandtrue(f): 4:48pm On Feb 07, 2017
So how does this improve the light for we area - concerned Nigerian

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Lanre4uonly(m): 4:49pm On Feb 07, 2017
It is well.
Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by moffat(m): 4:55pm On Feb 07, 2017
ok
Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Kx: 4:57pm On Feb 07, 2017
Removed Abubakar as TCN Boss

Replaced Abubakar with Usman Mohammed.

No comment tv.

2 Likes

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by AZeD1(m): 4:58pm On Feb 07, 2017
SalamRushdie:
Another Buharistic type leadership based on all brawn and no brains , watch as this sensationalist will bring TCN to its knees in the coming weeks ..He suspended all purchases orders including genuine and critical ones needed in time to improve power supply ..A good leader will take his time and study the orders to know which is strategic to the timely success but a Buharist will show up tense the whole industry up by announcing a blanket suspension of orders which will in turn tense up creditors to TCN vendors and make things worse
If you can read, you'd see that the suspension of payments was for a week.

10 Likes 1 Share

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by helinues: 4:59pm On Feb 07, 2017
For their mind, they are claiming their right to protest.

Abi no be dem same NEPA wey no dey give us light..

As i grow reach, I have never experienced uninterrupted 2 weeks electricity for Nigeria.

Which kind country be this?

1 Like

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Guyman02: 5:01pm On Feb 07, 2017
The workers are protesting that an Accountant (Mr Usman Mohammed) who was a staff of AfDB should not be appointed to take over from a certified PhD Engineering practitioner (Dr. Abubakar Atiku) in such an important parastatal like TCN.
Can an Engineer be appointed to head National Hospital Abuja or UNTH?
Putting square pegs in round holes is one key reasons the country is dormant.

3 Likes

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by SalamRushdie: 5:02pm On Feb 07, 2017
AZeD1:

If you can read, you'd see that the suspension of payments was for a week.

Do you know what a weeks suspension can cause between a creditor and vendor in these times of unstable naira ?

1 Like

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by AZeD1(m): 5:10pm On Feb 07, 2017
SalamRushdie:


Do you know what a weeks suspension can cause between a creditor and vendor in these times of unstable naira ?
Nothing the world hasn't seen before.

4 Likes 1 Share

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by blackaxe78: 5:10pm On Feb 07, 2017
Opakan2:
Nice move..

whether children of hate likes it or not, transparency will prevail


Tell them again!

They surely will hate till 2023!

3 Likes

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by AZeD1(m): 5:12pm On Feb 07, 2017
Guyman02:
The workers are protesting that an Accountant (Mr Usman Mohammed) who has never worked in the Power Sector should not be appointed to take over from a certified PhD Engineering practitioner (Dr. Abubakar Atiku) in such an important parastatal like TCN.
Putting square pegs in round holes is one key reasons the country is dormant.
1) Mr Usman worked in TCN before moving to ADB
2) MD of TCN is an administrative role not a technical one. The head of IMF is a Lawyer, the president of the World bank is a Medical doctor.

Learn to differentiate between technical and administrative roles.

12 Likes 1 Share

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by Nobody: 5:22pm On Feb 07, 2017
Accountant- no wonder they are shaking.

Accountants are bean counters who close chop chop loopholes.


An accountant who knows the ins and outs of the system and cannot be bamboozled - double impact.

Small wonder they are wailing. Days of double invoicing are over

3 Likes 1 Share

Re: TCN New MD Suspends Payments, Contracts, Purchase Orders by olafum1(m): 5:24pm On Feb 07, 2017
helinues:
For their mind, they are claiming their right to protest.

Abi no be dem same NEPA wey no dey give us light..

As i grow reach, I have never experienced uninterrupted 2 weeks electricity for Nigeria.

Which kind country be this?
grin


Guy.. u too bad o...lol

that ur pic men grin grin grin grin grin

1 Like

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