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PoliticsRe: Transmission Co. Of Nig Asks Us To Reduce Electricity Generation, Gencos Cry Out by agabusta(op): 7:17pm On Mar 14, 2017
lekkie073:
Na wa o....
Speechless lipsrsealed
PoliticsTCN Asks Us To Reduce Electricity Generation, Gencos Cry Out Read More At: Http by agabusta(op): 7:00pm On Mar 14, 2017
TCN asks us to reduce electricity generation, Gencos cry out


While most Nigerian individuals and corporate organizations are suffering from lack of adequate electricity supply to meet their consumption needs, the nation’s electricity Generation Companies (GenCos) have cried out that the Transmission Company of Nigeria (TCN) has been directing them to reduce generation, which cost them huge revenue losses and damage to their plants.

The Managing Director of Mainstream Energy Solutions, Operators of Jebba and Kainji Hydro Electricty Plants, Engr. Lamu Audu, told journalists, in Abuja, yesterday, that the GenCos could no longer bear the constant energy production reduction orders of the TCN.

He revealed that between February and Monday (March 13, 2017) Jebba and Kainji alone lost 8, 574 MW unutilized electricity. He said that the total unutilized energy from all the GenCos in the period under review was monumental and most painful at a time most Nigerian homes and business hardly had enough power to meet thyeir consumption needs.

His words, “Generation has improved significantly. On the average it has been above 4, 000 MW in the last one month.

“Unfortunately, we (GenCos) have been at the receiving end. In the sense that we are not allowed to deliver what we are generating. I have records here, there is no secret about it and we want Nigerians to know that the effect is so much.

“ Apart from the loss of revenue after declaring what we are capable of generating, because we have what we call, “Day-Ahead-Declaration” by the regulation, we are expected to declare within the next 24 hours what we are going to generate, the capacity which we have and are sure to put into the grid –which we declare to the National Control Centre.

“It is a rule that you must declare in 24 hours that capacity, the idea of the declaration is to enable the system operator to prepare for what it has to give out.
“Unfortunately, most of the time, we are not allowed to put the whole energy we have declared 24 hours earlier into the grid.

“There are two things that happen: One, our machines will see that the power being generated and put on the grid is not utilized fully, so they will on their own de-load, they will come down on their own.

“Secondly, we receive direct instructions from the National Control Centre to reduce load or even shut down. We have the records here.

“What that means is that we have stranded energy. That is energy that is not being utilized. Now, one we lose revenue that should have come to us as a result of that energy that is not utilized.

“In addition, it has technical effects on our machines, leading to increase in the cost of maintenance.
“The third is that our shareholders are beginning to ask questions as to why should they put more money to realize more capacity, if what we are generating now is not being utilized. So you can see that it has weakened the appetite of investors to invest more in the generation of electricity.

“I just felt I should share with you events that took place between February and March (2017). Within the February and march, the total energy that could not be evacuated from Kainji and Jebba is 8, 574 MW. This is the energy that could not be evacuated either as a result of direct instruction from the National Control Centre or the frequency going up and our machines shutting down.”

Details to follow soon…

http://www.vanguardngr.com/2017/03/tcn-asks-us-reduce-electricity-generation-gencos-cry/

cc: Mynd44, OAM4J, Lalasticlala
PoliticsTransmission Co. Of Nig Asks Us To Reduce Electricity Generation, Gencos Cry Out by agabusta(op):
TCN asks us to reduce electricity generation, Gencos cry out

By Emma Ujah, Abuja Bureau Chief

While most Nigerian individuals and corporate organizations are suffering from lack of adequate electricity supply to meet their consumption needs, the nation’s electricity Generation Companies (GenCos) have cried out that the Transmission Company of Nigeria (TCN) has been directing them to reduce generation, which cost them huge revenue losses and damage to their plants.

The Managing Director of Mainstream Energy Solutions, Operators of Jebba and Kainji Hydro Electricty Plants, Engr. Lamu Audu, told journalists, in Abuja, yesterday, that the GenCos could no longer bear the constant energy production reduction orders of the TCN. He revealed that between February and Monday (March 13, 2017) Jebba and Kainji alone lost 8, 574 MW unutilized electricity. He said that the total unutilized energy from all the GenCos in the period under review was monumental and most painful at a time most Nigerian homes and business hardly had enough power to meet thyeir consumption needs. His words, “Generation has improved significantly.

On the average it has been above 4, 000 MW in the last one month. “Unfortunately, we (GenCos) have been at the receiving end. In the sense that we are not allowed to deliver what we are generating. I have records here, there is no secret about it and we want Nigerians to know that the effect is so much. “ Apart from the loss of revenue after declaring what we are capable of generating, because we have what we call, “Day-Ahead-Declaration” by the regulation, we are expected to declare within the next 24 hours what we are going to generate, the capacity which we have and are sure to put into the grid –which we declare to the National Control Centre.

“It is a rule that you must declare in 24 hours that capacity, the idea of the declaration is to enable the system operator to prepare for what it has to give out. “Unfortunately, most of the time, we are not allowed to put the whole energy we have declared 24 hours earlier into the grid. “There are two things that happen: One, our machines will see that the power being generated and put on the grid is not utilized fully, so they will on their own de-load, they will come down on their own.

“Secondly, we receive direct instructions from the National Control Centre to reduce load or even shut down. We have the records here. “What that means is that we have stranded energy. That is energy that is not being utilized. Now, one we lose revenue that should have come to us as a result of that energy that is not utilized.

“In addition, it has technical effects on our machines, leading to increase in the cost of maintenance. “The third is that our shareholders are beginning to ask questions as to why should they put more money to realize more capacity, if what we are generating now is not being utilized. So you can see that it has weakened the appetite of investors to invest more in the generation of electricity.

“I just felt I should share with you events that took place between February and March (2017). Within the February and march, the total energy that could not be evacuated from Kainji and Jebba is 8, 574 MW. This is the energy that could not be evacuated either as a result of direct instruction from the National Control Centre or the frequency going up and our machines shutting down.” Details to follow soon…


Read more at: http://www.vanguardngr.com/2017/03/tcn-asks-us-reduce-electricity-generation-gencos-cry/?utm_source=&utm_medium=twitter

Mynd44, OAM4J, lalasticlala make una come see Nigeria wonder oh cheesy
PoliticsRe: Col. Hameed Personally Writes Senate, Demands Legal Basis For Wearing Of Uniform by agabusta(op):
koladebrainiac:
BUNCH OF ILLITERACY IN THE SENATE
THAT DINO MELAYE WILL FURTHER EMBARRASS THE SENATE WITH HIS CONSTANT AGGRESSIVE AND RIDICULOUS WAYS OF ADDRESSING ISSUES AND EXECUTIVE POLICIES. HE SO MAKE IT AS SENATE VS EXECUTIVE AND THAT FG IS BENEATH SENATE. THEY SHOULD QUIT THE EGO MASSAGING AND START THE REAL WORK FOR THE LOVE OF NIGERIA
Dino is just too aggressive. I don't understand what his problem is. That was the same way he raised false alarm on the cost of the gatehouse of the Vice President's new lodge. Whereas, the project was not even captured in the 2016 or 2017 budgets.

Till date, the arrogant toutish senator has not deemed it fit to apologize to the country and to the office of the VP.
PoliticsRe: Col. Hameed Personally Writes Senate, Demands Legal Basis For Wearing Of Uniform by agabusta(op): 4:55pm On Mar 14, 2017
Mynd44:
Another dick waving contest
how come that was not censored? grin
PoliticsRe: Col. Hameed Personally Writes Senate, Demands Legal Basis For Wearing Of Uniform by agabusta(op): 4:52pm On Mar 14, 2017
The Senators suppose don tire sef.
PoliticsCol. Hameed Personally Writes Senate, Demands Legal Basis For Wearing Of Uniform by agabusta(op):
Your Excellency,
President of the Senate,
Federal Republic of Nigeria,
Senate Building,
Three Arms Zone, Abuja.

RE: INVITATION TO BRIEF THE SENATE

May I respectfully refer to your letter Reference No. NASS/CS/8S/R/09/29 dated 9th March, 2017 and inform Your Excellency that the decision on payment of Customs duties by vehicle owners who do not have them as prescribed by law is currently being reviewed.

2. The goal of the review is to take a broad additional input from stakeholders and the public on all its aspects. I will welcome opportunity to avail the Senate on our findings and the way forward on improving our capabilities to plug major drainages in the nation economy without adding to hardships and within our mandate.

3. Regarding the wearing of uniform, I wish to advise that the Senate avails itself of the legal basis of its decision to compel me to wear uniform. I am similarly seeking legal advise on this issue, so that both the Senate and I will operate within the proper legal framework.

4. I regret my inability to answer the Senate invitation owing to a recent bereavement. I will however, make myself available whenever I am needed in future.

5. Please accept my highest esteem.


Col. Hameed Ibrahim Ali (Rtd)
Comptroller-General of Customs.

PoliticsRe: Senator Adeola To Hameed Ali - Appear Before Senate In Customs Uniform Or Resign by agabusta: 11:45am On Mar 13, 2017
Unserious senators.
PoliticsRe: Senate Threatens To Remove Hammed Ali As Customs DG Over Vehicle Duty by agabusta: 1:05pm On Mar 11, 2017
vertueptime:
Should he fail to show up in uniform, they should by their powers, resolve to immidiately remove him from office, if he does nto abide, then they should unite with the lower chambers to freeze any allocation due to customs
The senate does not have the power to sack customs Boss.
PoliticsRe: Senate Threatens To Remove Hammed Ali As Customs DG Over Vehicle Duty by agabusta: 11:15am On Mar 11, 2017
durangokid:
My brother what do you expect from greedy and lazy set of people they know that 79 percent of car dealers are igbos it's just a way hausa fulani bigots want to destroy the igbo man legal business with a fake disguise, they know they can't March any igbo business what they usually do is to destroy it or loot as they usually do in the northern States check the majority opposing t Senate that will show you.
Don't make this a tribal issue. If you look at the senators championing this, from the person that moved the first motion to the ones who are most vociferous about the issue, they are mostly Northerners. I wonder how come before we know it, you are already making it an Igbo issue.
PoliticsRe: Photos Of President Buhari On Arrival At The Kaduna Airport by agabusta: 8:46am On Mar 10, 2017
mineANDurs:
He is back,..now dollar will rise again and prices of commodities will skyrocket.

I still dont know why some people are born with bad luck.
The way some of you talk is interesting. How much was dollar when he left? How much is it now?
PoliticsRe: INEC Announces Dates For 2019 General Elections by agabusta(op): 7:34pm On Mar 09, 2017
Mynd44, OAM4J, INEC is being proactive, emulate INEC pls smiley smiley
PoliticsRe: INEC Announces Dates For 2019 General Elections by agabusta(op): 7:33pm On Mar 09, 2017
ochobaba:
February again
FeBuhari?? grin
PoliticsRe: Fayose Rejects Dickson Committee Report, Vows Never To Work With Modu Sheriff by agabusta(op): 7:31pm On Mar 09, 2017
Fayose the dictator, always wants to have his way. PDP is not all about you sir.

Mynd44, OAM4J, lalasticlala make una come see Fayose again oh.
PoliticsFayose Rejects Dickson Committee Report, Vows Never To Work With Modu Sheriff by agabusta(op): 7:29pm On Mar 09, 2017
PDP Crisis: Fayose rejects Dickson committee report, vows never to work with Sheriff

The Ekiti State Governor, Ayo Fayose, has rejected the recommendations of a committee his party set up and vowed not to be part of any convention organised by the Ali Sheriff faction of the Peoples Democratic Party.

A reconciliation committee led by Bayelsa State Governor, Seriake Dickson, in its report presented to Mr. Sheriff asked the PDP national chairman to conduct a convention within 6 months as part of measures to resolve the crisis in the party.
New leaders of the party would be elected at the convention, the committee recommended, while Mr. Sheriff has pledged not to seek the position of party chairman again.

While Mr. Sheriff was declared party chairman by the Court of Appeal, another PDP faction led by Ahmed Makarfi is supported by Mr. Fayose and other governors of the party.

In his statement sent to PREMIUM TIMES by his spokesperson, Mr. Fayose said he is certain Mr. Sheriff is being sponsored by Nigeria’s ruling APC and that he and his supporters would not participate in any convention organised by Mr. Sheriff.
Read Mr. Fayose’s full statement below:

Ekiti State Governor and Chairman of the Peoples Democratic Party, PDP, Governors’ Forum, Ayodele Fayose, has reiterated his support for the decision of the Senator Ahmed Makarfi-led Caretaker Committee to appeal the Court of Appeal, Port-Harcourt, judgement on the leadership of the party, saying; “There cannot be any meaningful reconciliation with an impossible character like Senator Ali Modu Sheriff who is obviously working for political interests different from that of the PDP.”

The governor said he was aware that well over $1 million had been provided by the APC to fund the convention being planned by the Sheriff group while adequate security will also be provided by the security agencies that are now more like part of the APC. This is being done so as to sustain the party’s plot to turn Nigeria to a one party State.

Speaking through his Special Assistant on Public Communications and New Media, Lere Olayinka, the governor, who said he was reacting in his capacity as the governor of Ekiti State to the submission of report of the Governor Seriake Dickson-led reconciliation committee to Senator Ali Modu Sheriff, said; “all constitutionally recognised organs of the party, including staff of the national secretariat are with the Makarfi led Caretaker Committee and since political party is about membership, Sheriff will continue to carry with himself the burden of lack of legitimacy.”
The governor, who said he had nothing against Governor Dickson, added that; “I respect Governor Dickson, he is my brother and he is entitled to his own personal opinion just as I am entitled to mine. But I must state it categorically that no genuine lover of the PDP will take part in a convention sponsored by the APC.”

Governor Fayose, who said implementation of the Dickson Committee report was beyond Mr. Sheriff, noted that; “assuming but not conceding that the report is acceptable, can Sheriff even implement it? Where will he find seven serving governors, seven former ministers, etc?”
Governor Fayose reiterated that no meaningful reconciliation can be done with Senator Sheriff, adding that; “With APC calling for support for Sheriff, it should be clear to all genuine lovers of the PDP who are behind the crisis in the party.”

He said; “I am speaking for myself and the entire people of Ekiti State that I represent; we won’t be part of any PDP convention sponsored by the APC and I must state categorically that Sheriff is being sponsored 100 percent by the APC.

“We therefore remain undaunted in our support for the Markafi committee and its decision to approach the Supreme Court to challenge the Appeal Court, Port-Harcourt judgement.”
http://www.premiumtimesng.com/news/top-news/225687-pdp-crisis-fayose-rejects-dickson-committee-report-vows-never-work-sheriff.html

PoliticsRe: INEC Announces Dates For 2019 General Elections by agabusta(op): 7:22pm On Mar 09, 2017
grin Interesting
PoliticsINEC Announces Dates For 2019 General Elections by agabusta(op): 7:22pm On Mar 09, 2017
BREAKING: INEC announces dates for 2019 general elections

The Independent National Electoral Commission, INEC, has announced dates for 2019 general elections.
In a statement posted on its website Thursday, the electoral commission said it was making the announcements well ahead “in order to ensure certainty in our dates for elections, and to allow for proper planning by the Commission, political parties, security agencies, candidates and all stakeholders”.

“To that extent, the 2019 Presidential and National Assembly elections will hold on Saturday, 16th February 2019, while the Governorship/State Assembly/Federal Capital Territory Area Council Elections will hold on Saturday 2nd March 2019.”

The commission also announced that 23 of its electoral officers being prosecuted for various electoral offences will be placed on half salary and will not report for duty pending the determination of their respective cases by the court.

Read the full statement:

Gentlemen of the Press,
You are all welcome to yet another briefing, which is in fulfillment of our pledge to regularly brief the public on the Commission’s activities.

1. Our democracy is maturing and the Commission believes that there should be certainty with regard to the timetable for elections. For instance, in the United States, general elections always hold on the second PRESS Tuesday of November in the election year. In Ghana, it’s the 7th of December of the election year, while in other places like Mexico, Norway, Sweden, Costa Rica and Switzerland, the dates are also known in advance.

In Nigeria, the constitution provides for elections to hold not earlier than 150 days and not later than 30 days to the end of the incumbent’s tenure. In order to ensure certainty in our dates for elections, and to allow for proper planning by the Commission, political parties, security agencies, candidates and all stakeholders, the Commission has decided to fix the date for the National Elections for the third Saturday in February of the election year, followed by State elections two weeks later. To that extent, the 2019 Presidential and National Assembly elections will hold on Saturday, 16th February 2019, while the Governorship/State Assembly/Federal Capital Territory Area Council Elections will hold on Saturday 2nd March 2019.

2. The Commission has also received a Report from the Director of Public Prosecution (DPP) of the Federation, informing us that 23 Electoral Officers indicted over the investigation into the 10th December Rivers Re-run elections have been charged to court. The Commission has repeatedly said that it will cooperate with security agencies for the prosecution of any of our staff found to have violated the integrity of the electoral process. Accordingly, at our meeting today, the Commission decided to apply the provisions of the INEC Terms and Conditions of Service to all those charged to court, since it constitutes gross misconduct. The penalty for this is interdiction. All the 23 Electoral Officers will be placed on half salary and will not report for duty pending the determination of their respective cases by the court.

3. Ladies and gentlemen, you will recall that last week, we informed you that a decision would be taken this week on the recommendation by the Disciplinary Committee on staff members indicted by the EFCC Report for misconduct during the 2015 General Elections. However, in view of the fact that some of the staff are also among those being prosecuted by the DPP, the Commission has decided to defer its decision on the EFCC Report to enable us reconcile the EFCC/DPP reports.

4. And as part of our routine consultations with our stakeholders, the Commission has decided to hold the next regular quarterly meetings with stakeholders as follows:

A. Tuesday 14th March –Meeting with Political Parties
B. Wednesday 15th March – Meeting with Civil Society Organizations
C. Friday 17th March – Meeting of the Inter-Agency Consultative Committee on Election Security (ICCES).
D. Monday March 21 – Meeting with Media organizations. Our invitations have been sent to the respective stakeholders
5. We wish to assure all Nigerians that the Commission will remain fully committed to the sanctity of the electoral process and will never protect any of its staff, no matter highly placed, found to have violated the provisions of the Electoral Act and our guidelines.

Prince Solomon Soyebi
National Commissioner (In charge of South West)
March 9, 2017.
http://www.premiumtimesng.com/news/headlines/225704-breaking-inec-announces-dates-2019-general-elections.html

PoliticsRe: Breaking: INEC Presents Certificate Of Return To Senator Bassey Etim by agabusta: 5:11pm On Mar 07, 2017
edoboy33:
later PDP will be screaming intimidation
bunch of baboons lead by an ineffectual baboons
congrats sir
.

.
hey guys am back
Trouble maker smiley smiley
PoliticsRe: Breaking: Nigerian Military Get New Spokesman by agabusta: 5:06pm On Mar 07, 2017
ItsMeAboki:
John Eneche replaces Rabe Abubakar; kai! this is marginalisation and tribalism. lipsrsealed
Dont mind them. These days sef, they seem not to be having things to wail at.
PoliticsRe: Court Convicts Ngilari Over N167.8 Million Fraud by agabusta: 5:15pm On Mar 06, 2017
pokipoki:
The sentence ratified by the supreme court and governor actually serving his time in jail.
Other than that, it is still stories
His jail term has started already. He was led to prison after the sentencing.
PoliticsRe: Court Convicts Ngilari Over N167.8 Million Fraud by agabusta: 4:17pm On Mar 06, 2017
pokipoki:
The sentence ratified by the supreme court and governor actually serving his time in jail.
Other than that, it is still stories
You be real poki.
PoliticsRe: Court Convicts Ngilari Over N167.8 Million Fraud by agabusta: 2:28pm On Mar 06, 2017
pokipoki:
There is a difference between conviction, sentencing and jailing. Please wait until the man is jailed grin grin grin
A High Court in Yola, Adamawa State, has convicted and jailed former Gov. Bala James Ngilari for failing to adhere to the procurement laws of the state.

In a 75-minute long ruling, Justice Nathan Musa found the former governor guilty of four charges, and discharged him on one, which bordered on conspiracy.

The judge discharged and acquitted former Secretary to the State Government, and the Commissioner of Finance, who were second and third defendants in the case.

In handing down his sentence, the judge said the law stipulated that the convict shall not be given an option of fine.
He sentenced the former governor to five years in prison, and said the convict is serve his term in any prison of his choice.
Mr. Ngilari was charged on September 21, 2016.

http://www.premiumtimesng.com/news/headlines/225307-breaking-former-nigerian-governor-jailed-corruption.html
What else do you want Oga??
PoliticsRe: Court Convicts Ngilari Over N167.8 Million Fraud by agabusta: 1:03pm On Mar 06, 2017
EFCC is performing! Magu is the man.
PoliticsRe: Court Convicts Ngilari Over N167.8 Million Fraud by agabusta: 1:02pm On Mar 06, 2017
Good!
PoliticsRe: Lawyer Drags Senate To Court Over Magu's Confirmation Bid by agabusta: 9:07am On Mar 06, 2017
The lawyer is a joke and is not familiar with the constitution. There is separation of powers. The judiciary cannot hinder the power of the NASS to confirm the EFCC Boss.
BusinessRe: Nationwide Implementation Of The Cashless Policy. Is This Fair On Nigerians? by agabusta: 1:28pm On Mar 05, 2017
Mathemagician1:
It's quite obvious you've never ran a business in your life, you probably still enjoy mama's hospitality. Guess what, you don't go to the bank to make such deposit. A bank courier picks up the cash from your business in whatever guise. And how many times can a courier pick up cash from your outlet in a day?

Dude, kindly speak on subjects you're conversant with, this topic is beyond you and I'm saying this with good intention.
You are very silly. Do you think everyone on nairaland is a kid?
Because it's a faceless forum does not mean you should not exercise docorum. And for your information, I have worked in a bank before and cash pick up for customers is not automatic, it depends on a lot factors. A lot of companies makes cash deposits by themselves.

Do u even have an idea of the number of corporate accounts a single branch manages. Where do u think they will have the human resources to be going for cash pick up for majority of them.

Either way you see it, the cashless policy has come to stay and it has its merits and demerits, I also make bold to say it's merits on a long term outweighs it's demerits especially given the peculiar corruption circumstances of Nigeria.
BusinessRe: Nationwide Implementation Of The Cashless Policy. Is This Fair On Nigerians? by agabusta: 7:31pm On Mar 04, 2017
Mathemagician1:
What if you own a filling station? How many people go the filling station with ATM cards?
Must you wait for the cash to be above cashless limit before you take it to the bank?

You can be evacuating the cash from time to time. And recall that the limit for corporate organizations is even 2 or 3m. Either of them, not sure. Must you then wait for the cash to be above 2m before taking it to the bank?
BusinessRe: Nationwide Implementation Of The Cashless Policy. Is This Fair On Nigerians? by agabusta: 1:24pm On Mar 03, 2017
youngdude1:
and what if I'm a trader that collects cash in my shop?
That is the whole essence of the law!

Stop collecting cash! You as a merchant can deploy a POS to your customers. Or accept other electronic means of payment.

If you want to keep on receiving cash, then you should be ready to pay the charges.
PoliticsRe: NNPC Accuses Discos, TCN Of Frustrating Stable Power Supply by agabusta: 8:47am On Mar 03, 2017
The country is just bedevilled with different issues.

To be the leader of a country like Nigeria is not beans.
PoliticsRe: Malabu: Why EFCC Filed Corruption Charges Against Shell, Eni, Adoke, Others by agabusta: 8:35am On Mar 03, 2017
Sanchez01:
Corruption on every side. And to think that Jonathan had asked the AGF to transfer OPL 245 to Malabu without investigation shows that he is indirectly a part of the chain crime.

How does one transfer or hand over an oil block to just anyone without proper investigation? Clueless as always. That Nigeria is bleeding today is not just as a result of Buhari’s horrible economic policies. The previous administration greatly contributed.
So sad, corruption is all over the country. It has eaten deep into the very fabric of our daily lives.


Corruption in high places, middle places and even at low places.

The corruption is so systemic that even the presidential advisory panel on corruption is frustrated with the level of corruption.

Prof. Itsa Sagy stated that corruption in the customs and other agencies are in no way in the decline.

And one sad truth is that majority wants the status quo maintained. They have forgotten that corruption is chiefly responsible for the messy state of our country.
PoliticsRe: Malabu: Why EFCC Filed Corruption Charges Against Shell, Eni, Adoke, Others by agabusta: 8:32am On Mar 03, 2017
This Malabu oil deal stinks to the highest levels.

I just hope it's not the probe of this deal that will return assassins to the fore of the country.

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