Uncategorized
Ikeja Electric meters 400,000 customers
Ikeja Electric (IE) Plc said it had installed prepaid meters for about 400,000 customers out of 1.1 million since 2013.
Mr Ugo Obichukwu, Chief Marketing Officer, IE, made the disclosure during a visit of the Senate Committee on Privatisation and Commercialisation to the company on Thursday in Lagos.
The News Agency of Nigeria (NAN) reports that the committee was led on the oversight visit by its Chairman, Sen. Theodore Orji, a former Governor of Abia.
Obichukwu noted that the number of metered customers under Ikeja Electric was the highest among all the 11 DisCos.
Hr said the company was intensifying efforts to further bridge the metering gap.
He said the DisCo had been making investments to upgrade its network in order to guarantee reliable and stable power supply to its customers.
Obichukwu said the company in the past few years came up with innovative ideas that would ensure customer satisfaction for its commercial and residential customers.
He said the development led to the bi-lateral power optimisation being utilised by some areas in Lagos State such as Magado, Ogudu Government Reservation Area ( G.R. A), Ikeja G.R.A, Gbagada Phase Two, among others.
He said the Service-Based Tariff used by the company in these locations was adopted by the Nigerian Electricity Regulatory Commission (NERC) in the new national tariff model.
Obichukwu said Ikeja Electric had estimated a Capital Expenditure (CAPEX) that would strengthen its distribution network, improve revenue collection, reduce technical losses and efficient service delivery going forward.
He said the company was, however, faced with some challenges particularly an outstanding N70.97 billion debt owed to the company by its customers.
Obichukwu said bulk of the debt was owed by Ministries, Departments and Agencies (MDAs).
He stressed that efforts were ongoing to ensure the repayment of the debt.
Obichukwu said other challenges included energy theft, difficulty in accessing foreign exchange to procure equipment, volatility of the naira and disruptions from the transmission network.
Earlier in her address of welcome, Mrs Folake Soetan, Chief Executive Officer, Ikeja Electric, thanked the lawmakers for the visit to the company.
Soetan attributed the company’s achievements to
collaboration with NERC, the Bureau of Public Enterprises and other stakeholders.
She said the company would continue to invest in modern technology and equipment to ensure quality power supply to its customers.
In his remarks, Orji said the visit of the committee was in line with its statutory responsibility to oversight privatised entities for better performances.
Orji noted that the debt owed the DisCo was huge and an impediment to its vision of providing quality supply of electricity to its customers.
He assured the management of the company that the legislative arm of government would look into the issue since majority of the debt was owed by MDAs.
Uncategorized
London Property Dispute Exposes Alleged Corruption, Forgery by Nigerian Politician and Lawyer
By Hassan Taiye
A recent judgment by the UK’s First-tier Tribunal (Property Chamber) has shed light on a complex web of alleged corruption and forgery involving a Nigerian politician and a senior lawyer. The case revolves around a disputed property in North London, valued at 79 Randall Avenue.
The property was purchased in 1993 under the name “Tali Shani,” which is allegedly an alias for late General Jeremiah Useni, a powerful member of the Abacha regime. Chief Mike Ozekhome, SAN, claimed the property was gifted to him by “Mr. Tali Shani” in 2021 as payment for legal services. However, the tribunal dismissed this claim, describing it as “fabricated” and “fraudulent.”
The tribunal’s ruling highlights the alleged involvement of Ozekhome and his associates in fabricating documents, including a Nigerian passport, National Identification Number (NIN), and Tax Identification Number (TIN). The NIN was reportedly created remotely from Monaco using a non-compliant photograph and bypassing biometric requirements ¹.
The Human and Environmental Development Agenda (HEDA Resource Centre) has petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate Ozekhome and others over alleged fraud, forgery, and unlawful attempt to acquire the London property. The ICPC has launched an investigation, and the Attorney-General of the Federation (AGF) has also taken notice of the case ²
Chief Mike Ozekhome, SAN Senior lawyer accused of forgery and attempting to acquire the property through fraudulent means.
General Jeremiah Useni Late Nigerian General allegedly behind the purchase of the property under the alias “Tali Shani.”
Osilama Ozekhome*: Ozekhome’s son, implicated in the alleged forgery and fraud.
L-r Senate Committee Chairman on Appropriation, Solomon Adeola; Senate Deputy Whip, Onyekachi Nweboyin; Former Senate President, Ahmad Lawan; President of the Senate, Godswill Akpabio; Senator Sharafadeen Ali; Deputy Senate President, Jibrin Barau; Senate Leader, Opeyemi Bamidele; Senate Whip Tahir Monguno and Senate Committee Chairman on Financial Institutions, Tokunbo Abiru, after resumption of plenary yesterday. Photo: Senate President’s Office
By: Fabian Apechihin
The Minister of Innovation, Science and Technology, Uche Nnaji, has resigned from President Bola Ahmed Tinubu’s cabinet amid a growing controversy surrounding his academic credentials.
Presidential spokesman Bayo Onanuga confirmed Nnaji’s resignation in a statement issued late Tuesday.
Nnaji’s exit follows mounting allegations that his academic certificates were forged. Investigations revealed that the University of Nigeria, Nsukka (UNN), disowned the Bachelor of Science degree he claimed to possess, stating that he never completed his studies at the institution and was therefore not issued any certificate.
According to UNN Vice-Chancellor Prof. Simon U. Ortuanya, Nnaji was admitted in 1981 but failed to meet the requirements for graduation.
In a related development, the National Youth Service Corps (NYSC) reportedly disowned the certificate of national service presented by Nnaji, describing it as fake.
His resignation marks the latest in a series of controversies to hit the Tinubu administration over questions of integrity and accountability among public officials.
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