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Originalsly:
As I understand it.... this is for large electricity users only...... they would bypass the middle man DISCOS and buy directly from GENCOS. That's fine.... they the big companies will have much lower bills and more likely would increase their electricity usage. When they increase usage there would be less electricity available for the masses...the small electricity users. There would be less income for the DISCOS. So guess what the DISCOS will do to maintain their level of income? Increase tariff on the less electricity it will be distributing.... and that is what will be our share...bigger bills. There is nothing in this bill to freeze tariff for the small man nor to maintaining his supply.

Very wrong submission here. the power the large electricity users will be using will the excess 2000MW that the Discos have not being able to accept so more electricity for ordinary users and more funds for Gencos.

omoiyalayi:
So what will now happen to DISCOs ?

The policy is just meant for heavy users like factories and maybe Airports and the likes so Discos will still be in existence.

reflexionz:
please before any one starts saying anything, understand some terms, Eligible customers and Large Power Users, so dont think with your Prepaid Single phase meter you wont utilize the disco?
in other news it just spells doom for the discos and more woos on the customers, LPUs make up for about 70% of discos revenue, take that away and wow you have a major hole in revenue which will be transferred to non LPU's (residential and commercial).
these guys are jokers they have no idea what they are doing there? power sector needs long term investment to secure infrastructure and network integrity. SIMPLE!

You need to understand the purpose of this policy properly it is meant to deal with the poor services the Discos render due to their incompetence and poor infrastructure. By this move also the LPUs will buy their electricity straight from the Gencos there by utilizing the stranded power at the Gencos thereby creating a short term solution to that problem. The spinoff from this will be that the LPUs will be able to reduce their overheads, invest more thereby creating more investments and ultimately more employment generation will be enabled. The profit from the Genco end will be that they will receive more revenue and be able to expand their capacity by building more turbines thereby increasing available MW. The result of all this will be Nigeria being set on the path to sustainable energy availability. Lastly, the ordinary users will also benefit as the gap left by the LPUs will create availability so more power to the ordinary users.

Nigeria is a maze of a country you could get lost in the myriad of claims and counterclaims

The embattled ex-Chairman of the Presidential Task Force on Pension Reforms, Alhaji Abdulrasheed Maina, has accused the 7th Senate, led by David Mark, of aiding pension thieves. The accusation, contained in a letter which leaked on Friday, was written to the Senate on June 19, 2015. In the letter, Maina alleged that over N3tn hidden had yet to be recouped from 97 pension offices before he fled the country. Maina said in the letter that he was seeking a review of his case. Saturday PUNCH on Friday reached out to the law firm representing Maina, Messrs Mamman Nadir & Co., on 36 Ali Akilu Road, Kaduna, which confirmed the authenticity of the leaked letter. The letter, referenced PRTT/PEN/NASS/SEN/16/ VOL1/05, was channelled through Senator Nneji Achonu’s (Imo North Senatorial Zone) office to the Senate President. The letter was titled: “Pension reform task team — Appeal for review of investigation by the Senate Joint Committee on Establishment and Public Service and States and Local Government Administration, 2011 – 2013.” In the letter, Maina noted that the task team, which took off effectively in January 2011, saved the country N1.6tn from “pension thieves,” adding that “we used financial intelligence to achieve groundbreaking achievements in our assignment.” He said the team’s efforts led to the arrest of 46 persons involved in the looting of pension funds and were handed over to the Economic and Financial Crimes Commission, which is now conducting the trial. From the leaked letter, it appeared that the pension boss resurfaced in the country shortly after the inauguration of the President Muhammadu Buhari administration on May 29, 2015. The letter read in part, “We, members of the Pensions Reform Task Team, wish to use this medium to apologise for our little late response to reaching back to you. We had to put the issues together and source for appurtenant materials. We appreciate your understanding, sir. “As a refresher, the PRTT was inaugurated on June 10, 2010, by the immediate past administration of Dr. Goodluck Ebele Jonathan, GCFR, with a clear mandate to restructure the Head of Service Pension Office, Police Pension Office, among others. We did our utmost best with precision and national interests as our guiding principles. “The PRTT took off effectively by January 2011. We used financial intelligence skills to achieve groundbreaking achievements in our assignment. “N256bn is still stolen monthly. As it is, there is a leakage of N256bn monthly from the current IPPIS, which needs to be blocked urgently. We are also aware of some government hidden accounts which need to be mopped up. We can be used to engage any department of government in sanitising the financial workflow to avoid loose ends that remain susceptible to leakages. “Based on the revelations of massive/monumental fraud and outright stealing of pension funds, which was brought to public attention by the PRTT, the 7th National Assembly by resolution dated November 2, 2011, mandated its Committee on Establishment and Public Service, State and Local Government Administration, to conduct a comprehensive investigation into the management and administration of Pension funds in Nigeria. “There were general expectations that the various dimensions of irregularities associated with the management of pension funds in Nigeria would come to an end as a consequence of the investigations being conducted by the Senate Joint Committee.” Maina maintained that while the Senate haunted the task team, the same body favoured the “pension thieves,” adding that the Senate Joint Committee ended up creating more problems than solutions to the endemic corruption and fraud prevailing in the system. He said that before leaving Nigeria following threat to his life, the PRTT had worked so hard that pension payments stabilised. Maina noted that the biometric system adopted by the team exposed 73,000 ghost pensioners in the office of the Head of Service alone. “Some pensioners got a backlog of about 30 years paid into their accounts. All payments were ordered under the signature of the Head of Service monthly,” Maina said. Also, Maina disclosed that shortly after he was forced out, the Office of the Head of Service was enmeshed in a N35bn fraud. He added that the ICPC conducted an investigation into the matter but regretted that “till date, they have yet to commence the prosecution.” “Today, it (pension) is worse with the Police Pension Office, where millions are taken out of pension funds daily. We have pieces of evidence to substantiate this,” he added. Maina noted that his dismissal process was concluded under 36 hours without giving him the opportunity to be heard. “As we write to you, Abdulrasheed A. Maina has been dismissed from the Civil Service for being absent for three days, while his life was under threat following a gunshot attack on his person in front of the Head of Civil Service Office, where his office was located in February, 2013. Attached are copies of letters from the Nigeria Police Force. ANNEXURE 3 (a) and (b),” the statement said. http://punchng.com/maina-accuses-7th-senate-of-aiding-pension-thieves/

Kunle Falayi The Bank of Agriculture says Nigeria has saved over $600m (N216bn) from not relying on rice import from Thailand and other countries, after the nation’s domestic mass production increased under the Anchor Borrowers’ Programme. The Executive Director, Risk Management and Finance, Bank of Agriculture, Niyi Akenzua, disclosed this when he led a delegation of the bank management on a courtesy call to Oyo State Governor, Abiola Ajimobi, in Ibadan, on Thursday. Akenzua said it was worthy of commendation that the country had committed itself to diversifying from oil, with emphasis on revitalisation of agriculture. Ad closed by Stop seeing this adWhy this ad? Seen this ad multiple times Ad covered content Ad was inappropriate Not interested in this ad We'll try not to show that ad again Ad closed by According to the Ministry of Agriculture, Nigeria import bill was $22bn (N7.92tn) as recently as 2016. Akenzua said it was necessary to enlist the support and involvement of state governments in the Anchor Borrowers’ Programme, which, he said, had freed the country from reliance on importation of rice. Akenzua said, “We enjoin Oyo State to participate in the Anchor Borrowers’ Programme, as we expanded the scope of beneficiaries. The pilot scheme was so successful that $600m was saved from rice importation due to massive rice production in the country. “One or two rice millers in Thailand closed down because Nigeria, which has always been their major importer, has stopped importing their rice. “We used to spend $22bn importing food into Nigeria and with our consciousness that every square metre in the country is arable land, we felt that it was not sustainable. Of course, the crash in crude oil price has forced us back to agriculture.” In his response, the governor commended the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, for what he called the positive changes he had brought into the agriculture sector since taking over the ministry. Ajimobi said that the state was supposed to be the food basket of the nation if past leaders had seen agriculture as a major solution to hunger and economic driver, as well as a main source of employment for the youth. According to him, the state is in good stead to be a major agriculture hub. It is unclear how much the governor has focused on agriculture since the inception of his administration in 2011. He advised the new management of the BOA to do all that was humanly possible to sustain the momentum in its renewed drive to revitalise the agricultural sector. http://punchng.com/we-saved-n216bn-from-rice-import-boa/

See how wailers have avoided this thread such a shame, is this not a confirmation of what HMPWH Fashola said but people want to believe so as to justify returning Nigeria back to her dark days but they will fail, when all the efforts being put forward starts yielding fruits you will all be put to shame

Way to go FG, we hope and pray this is achieved in the shortest possible time so the country can achieve quicker development.

This is his opportunity to lay out all the dirt he has on the IG to the world.

This mofo sat all through 2 years and 4 months collecting allowance, not contributing anything he now comes up with a stupid bill for a university that will most likely never take off people are shouting congratulations. The buffon could only read the abridged version as he was to lazy to read it in full.

Succour has come the way of police officers who
served in the defunct Biafran Police during the 30
months Civil War as President Muhammadu Buhari
has approved the payment of pension to those who
were granted presidential pardon in 2000.
The Pension Transitional Arrangement Directorate
(PTAD) yesterday announced that about 162 of such
retired police officers and 57 next of kin of those
who died will be paid their pension benefits in the
first phase of the payment with effect from
tomorrow in Enugu.
A statement from the PTAD management said after
their pardon, a verification exercise was conducted
for them by the defunct Police Pension office and
recently by PTAD and the Police Service
Commission.
The statement reads: “The general public would
recall that Nigeria witnessed an ugly Civil War
between July, 1967 and January, 1970 and as a
result of that unfortunate period in our history, some
members of the Armed Forces, the Nigeria Police
and paramilitary officers who took part with the
secessionist were dismissed from the service.
“The dismissal of those officers was commuted to
retirement in the year 2000 through a Presidential
Amnesty granted on May 29, 2000 by the
Administration of the then President, Olusegun
Obasanjo.
“A verification exercise was conducted for the
pardoned officers by the defunct Police Pension
Office and recently PTAD on one hand and the
Police Service Commission on the other.
“Despite the presidential pardon and verification of
these officers, many of them remained unpaid years
after the pardon. However, the present
administration under the able leadership of
President, Muhammadu Buhari has graciously given
approval for the payment of pension entitlements to
these officers and their next of kin.”
http://thenationonlineng.net/buhari-approves-payment-pension-retired-biafran-police-officers/

This one is a pauper that downloaded pics from the internet claiming they are his parent's, the fool wants to trend on twitter and being bereft of ideas he had to come up with this sort of foolishness.

Ikwokrikwo:
Another human parts dealing Alfa on the loose

Another rapist, baby factory operator, drug pusher, human trafficker, paedophile, and cannibal spotted be wary folks they eat people in his village

ozoemenaca:
These people can really fool themselves, where is the railway line except those ones built by GEJ

why don't you wait for it to be completed, railway lines don't just fall from the sky if you will agree with me. Jonathan had his 6 years let these ones have their 4 years and then we will compare.

Ikwokrikwo:
Only Yoruba muslims will take this statement seriously.

Only Christian ibo will take these statements as lies when even their so called best president couldn't achieve a 10th of this during his inglorious rule

seguno2:
What are we waiting for to fire Buhari who has failed woefully for the past two years to deliver any of the positive change he promised?
The only change that we have seen are:

- higher fuel prices after subsidy removal.
- inflation of food prices.
- higher exchange rates
- more kidnappers, criminals and Fulani herdsmen.

Why have we not sacked Buhari

It seems you can't think of anything other than buhari I hope you don't burst a vein with all this your hatred over something you can't do anything about.

Ikwokrikwo:
Can Yoruba Muslims now see why Igbos attack OkoroAwusa?

Can Christian Ibos just let Yoruba Muslims Abi na us snatch your wife ni.

Jolar101:
Lying APC and Buhari's administration.

Damage control indeed. APC and Buhari strategizing on how to divert/steal oil money for 2019 elections.

APC and Buhari's cabals are trying so hard to confusing electorates to join their few zombies.

It is so sad that people deliberately see only what they want to see. The NNPC GMD already corrected the notion that there was any contract in the first place and the vice president is only corroborating what he said. No matter how long you keep saying the sky is red it can never make it red. look at the substance of all the releases and you will see that there is no contradiction whatsoever.

Mrkumareze:
Wow. When are starting our toothpick production ? Somebody should wake

Already started check this: http://www.konbini.com/ng/inspiration/250-graduates-establish-a-toothpick-and-pencil-factory-so-nigeria-can-stop-importing-them/
and this:
https://www.nairaland.com/3522354/nigerias-first-pencil-toothpick-factory
and this:
http://thenationonlineng.net/why-we-use-bamboo-to-produce-toothpick-at-anegbette/

President Muhammadu Buhari on Friday said
allegations of under-representation of Igbos in his
government were unfounded.
He said while he gave the South-East zone four
substantive ministers, he could not take any
decision on foreign policy and investments without
the input of two of them.
According to a statement by his Special Adviser on
Media and Publicity, Mr. Femi Adesina, the
President spoke while receiving leaders from the
region led by the Deputy Senate President, Ike
Ekweremadu, at the Presidential Villa, Abuja.
He said Buhari told his guests that while seven
states in the North got Ministers of State in his
administration, the South East got four substantive
ministers.
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PHOTOS: Buhari meets South-East leaders
“I gave South-East four substantive ministers in the
Ministries of Foreign Affairs, Trade and Investment,
Science and Technology and Labour.
“Seven states in the North got ministers of state;
and of the two ministries headed by your sons, I
cannot take any decision on foreign policy and
investments without their input,’’ the President said.
The President also promised the leaders,
comprising governors and ministers from the
region, the President of Ohanaeze, Chief Nnia
Nwodo, and representatives from the National
Assembly, that he will visit states in the zone soon.
“I want to assure you that I came into government
with a clear conscience and I will also leave with a
clear conscience,’’ he said.
The President assured them that the region will
benefit more from roads and coastal rail projects,
which are of critical importance to the economy.
He said the Second Niger Bridge, the East-West
Road and the Coastal rail project, are receiving
utmost attention from his administration.
The President said counterpart funding from the
Chinese government would substantially fund these
projects, which when completed will improve the
welfare, well-being and economy of the people in
the region.
“I know the Chinese are very competent in handling
such projects and we will ensure that we get the
money for the projects to take off.”
http://punchng.com/my-govt-not-marginalising-south-east-buhari-tells-igbo-leaders/

The Presidency on Friday said the reported discussion between President Muhammadu Buhari and the World Bank Group President , Jim Yong Kim , was deliberately twisted by those who it said specialise in such acts. Media reports had it that Kim disclosed in Washington DC, United States of America , that Buhari had requested a concentration of the bank ’s intervention efforts in the northern part of Nigeria. READ ALSO: Buhari asked us to focus on northern Nigeria — World Bank The Special Adviser to the President on Media and Publicity , Mr. Femi Adesina , in a statement said “ignorant and mischievous people ” are making it seem that Buhari ’ s position was a calculated attempt to give the North an unfair advantage over other parts of Nigeria. Adesina said the President, since his inauguration had been seeking international support for the rebuilding of the North East which was ravaged by years of insurgency. He said what Buhari did in calling attention to the plight of the people of the region was what a leader should do . The presidential spokesman said, “ The truth of the matter is that President Buhari , right from his first week in office in June, 2015, had reached out to the G -7 in Germany that Nigeria needed help to rebuild the North - East, which had been terribly devastated by insurgency. Tagbo : Davido breaks silence , releases statement , CCTV footage “ He said the country would prefer help in terms of rebuilding of infrastructure , rather than cash donation, which may end up being misappropriated . In concert with Governors of the region , a comprehensive list of needed repairs was sent to the G - 7 leaders. “ Also, during a trip to Washington in 2015 , and many other engagements that followed, President Buhari sought the help of the World Bank in rebuilding the beleaguered North- East, which was then being wrestled from the stranglehold of a pernicious insurgency. “ punchng.com/breaking-buharis-discussion-with-world-bank-boss-twisted-presidency/

leighcon:
On both sides of arguments above, all see is the dullness of a generation of youths.

The event is a flag off, not commissioning and it is not the Federal Government that is sponsoring the project, it is NLNG.

I simply do not get this APC VS South Easterner's issue. Do they share money to you guys to keep your brains low and inactive?

Be corrected, it is the Fed govt and the NLNG that are jointly funding the project. Check that news item.
https://www.vanguardngr.com/2017/09/fg-awards-n120-6bn-bonny-bodo-road-julius-berger/

rerhji:
firstly, lemme try by enlightening u dat islam covers every aspect of life ...jst name it nd it surely covers it......

secondly, from d write up it is nt denied dat dinosaur existed so proofing it religiously shdn't b ur headache but rather show u d beauty of d religion

and lastly, y do u guys always storm Islamic threads to cause chaos which rearly happen on Christianity related topics.......if u guys can't learn nd reason on ur own can't u find something better to do'??

My brother don't mind them they storm those threads because they know the truth when they see it but their pride won't' allow them accept it, you can never find discussions like this on their threads, or with such detailed scholarly exegesis. So tolerate them whatever they read here on Islamic threads is already an evidence upon them as to them receiving the message.

Adebowale89:
op, did you really mean that or you're just bored and need to read comments to pass time


we Nigerians can be so funny and weird in thinking, no offence. our power supply can't stay for 10hrs and you're here writing an acknowledged post for someone we elected, we stay under the sun, under the rain to vote someone that we felt should represent the interest of the masses.


I don't see any difference in our power supply btw GEJ and pmb regime. infact is a big shame to celebrate this low turn up power supply. giant of Africa indeed


we really need to change our thinking. I refer you to go and read Karl Marx and john Locke theory of democracy

Yoga speak for yourself in Ikorodu where I am presently there is electricity right now and I am sure to sleep with it and though it will be off before I wake up insha Allah, I know by 11:00 am tomorrow it will be back on. So to say it has improved is being appropriately honest. Probably the supply in your area is bad

Egein:
I'm actually Muslim. So you see how stupid you are?
Of what use is a recitation/cramming to the world, and to even Islam itself?

Shows that you are no Muslim, even the ignorant of Muslim will never utter such blasphemy. So kindly acknowledge yourself as what you are

Incredible!


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So sad, calls to question safety measures and standard operating procedures the corp has incorporated to protect these guys, is it ethical for them to stand by the road side or try to force a vehicle on high to stop? These are pertinent questions to be asked when things like this happens. So sad!


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