No fewer than 10,000 packets of condoms are distributed monthly to the Special Task Force (STF) personnel charged with ensuring security in Jos since the outbreak of the 2010 crisis. Zanna Umar, the Director, Volunteers for Sustainable Development, a Jos-based NGO, said this in Jos on Tuesday at a workshop on mitigating the effects of [...]
LAGOS — ORGANISED labour in the nation’s electricity industry has directed workers of the Power Holding Company of Nigeria, PHCN, to begin an indefinite industrial action from today, over unpaid monetisation arrears among others. Under the umbrella of National Union of Electricity Employees, NUEE, the union in a circular with reference number. 12/2010 and dated [...]
Zain Nigeria, recently bought by Bharti Airtel, has introduced free Short Message Service and lowered tariff for calls made to numbers within (on-net calls) and out of the networks (off-net calls). A statement on Monday said that these were parts of benefits designed to give its customers more value. Also, the telecom company has extended [...]
THE Federal Government, yesterday, said it was ready to complete the unbundling of the Power Holding Company of Nigeria, PHCN, as part of efforts to revamp the company and enable it to provide efficient service to consumers. The Minister of State for Power, Arc. Nuhu Sombo Wya, said at a workshop on the Review of [...]
In an apparent deference to what many Nigerians have always known, the National Bureau of Statistics (NBS) has revised inflation figures, backdating it to last November. The figures, which are yet to be released officially, said year on year consumer inflation stood at 13 percent, compared to 14.1 percent revised for June. Previous official inflation [...]
Anniversaries worldwide are times to look backwards, meditate, re-strategize and plan ahead. With only 33 days to our country’s 50th anniversary, Coca-Cola Nigeria envisaged a blissful new Nigeria. The world’s largest beverage company stretched its ‘Open Happiness’ campaign to include a consumer promo designed to splash over N300 million on Nigerians as part of its [...]
An indigenous oil company, Eternal, has won a N2.2 billion contract to supply fuel to Egbin thermal station as part of plans by the government to improve electricity supply nationwide. The contract is expected to be executed in three months. Egbin Chief Executive Officer (CEO), B. Ogbonna, said it would raise generation capacity that would [...]
The Securities and Exchange Commission yesterday named Emmanuel Ikhazobor as interim administrator to oversee the Nigeria Stock Exchange (NSE) pending the appointment of a new director general, but sources say Yvonne Fasinro, JP Morgan Chase Country Lead for Nigeria, will soon be named the substantive director general. Mrs Fasinro, a seasoned banker, has an impressive [...]
No sooner had Erastus Akingbola, the former chief executive of Intercontinental Bank, arrived at the premises of the Economic and Financial Crimes Commission (EFCC) yesterday, than his travelling documents were seized by the agency who had, since last year, declared him wanted. Furthermore, as at press time, Mr. Akingbola remained in the custody of the [...]
WORKERS of the Power Holding Company of Nigeria, PHCN, this morning began an indefinite strike to protest non-payment of monetization of their benefits, balance of 150 per cent salary increase and regularization of the employment of over 10,000 casual/contract workers in PHCN. The workers who rejected the N5 billion by the Federal Government on Friday, [...]
IN a desperate moves to avert Monday planned national strike by workers of Power Holding Company of Nigeria, PHCN, the Federal government has released the sum of N5 billion for the immediate payment of monetisation benefits to the PHCN workers. This came as facts emerged that the government would need a whopping N40 billion to [...]
Fuel crisis looms as NUPENG others threaten strike over NNPC deal FRESH industrial crisis in the nation’s oil industry is looming, following fresh threats by the Group Executive Councils of the National Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), to down tools [...]
Reps accuse Shonekan’s company of defrauding Nigeria. The members of the House of Representatives committee on privatisation and commercialisation took turns yesterday to criticise the operations of a company owned by the former head of Interim National Government (ING), Ernest Shonekan, which they alleged led to loss of revenue due to the Nigerian government. The [...]
The Power Holding Company of Nigeria (PHCN) office at Ijora was, on Thursday, gutted by fire. At about 1.30pm, staff of the company noticed a thick smoke coming from the engine room located on the top floor of the two storey building. Nobody could say exactly what caused the fire, which engulfed the building and [...]
President Goodluck Jonathan is set to perform a major staff auditing in the “forth coming reforms” of the Niger Delta Development Commission (NDDC), Daily Independent learnt at the weekend. This came as the Independent Corrupt Practices and other related offences Commission (ICPC) stated that it summoned the Managing Director of the NDDC, Chibuzor Ugwoha, and [...]
Globacom wins licence in Gambia, 6th in Africa Africa’s telecommunication giant, Globacom, has received yet another boost in pursuit of its vision to be the biggest and best telecom operator in Africa with the winning of a licence to operate telecom services in Gambia. The licence, the sixth the company has so far won in [...]
The federal government is to explore the large deposit of coal discovered in some states of the federation, according to the vice president, Namadi Sambo. He told the States and China Machinery and Equipment Company (CMEC) delegation which visited him yesterday that the federal government is resolved to diversify efforts in the positive search for [...]
The Nigerian Railway Corporation is set to commence the Enugu leg of its intra-city mass transit train service on July 26, 2010. This is coming on the heels of the recent inauguration of the Kano mass transit train service. The commencement follows the successful construction of three new halt stations by the corporation, renovation of [...]
A source on the management team of a mobile telecommunication company operating in the country has said that subscribers to its network’s mobile services who have not yet had their Subscribers Identification Module (SIM) cards registered will soon be barred from the from using the services of it’s mobile network. The source who spoke on [...]
