*Explains metering limitations Yemisi Izuora Residents of Usen community in Egor Local government area of Edo State will soon begin to enjoy improved power supply as Benin Electricity Distribution Plc (BEDC) concludes plans to bring an additional 7.5MVA in addition to the existing 7.5MVA transformer installed recently, the Chief State Head, Edo State, BEDC, Engr. Fidelis Obishai has assured. He gave the assurance during an information Sharing/Customer Forum of BEDC in for third quarter, held across select communities in Ologbo, Ulemo and Usen areas of Edo state last Thursday in Benin during, which he also apologized to the residents of…
Author: Orientalnews Staff
Yemisi Izuora Linkage Assurance Plc, is now supporting small and medium enterprises, SMEs to run their businesses with minimum risk. Managing Director, Dr. Pius Apere, of the firm says the company through one of its newest products, ‘SMEComprehensive Insurance Plan’, provides financial protection to small and medium sized businesses against array of insurable risks in order to ensure their business continuity. SME comprehensive insurance, he said, allows business owners to run their companies without having to worry about unexpected events that can slow them down or bring them to a complete halt. Apere said the cover provides for water…
Yemisi Izuora Waste toilet paper can be used to generate renewable electricity through a two-step process at a cost comparable to residential solar power installations, scientists say. If implemented, the process could tackle the problems of overflowing municipal landfills and dependency on fossil fuels. Waste toilet paper is not often considered an asset. Yet it is a rich source of carbon, containing 70-80 per cent of cellulose on a dry basis. On average, people in Western Europe produce 10-14 kilogrammes (kg) waste toilet paper per person per year. Accumulating in municipal sewage filters, it is a modest yet significant part of municipal waste. At the same…
Yemisi Izuora Experts have said that Nigeria’s huge infrastructure gap requires private capital funding develop. According to them, due to government finance constraints, long-term funding that is independent of government budget and boards in an ongoing basis is required , if big ticket projects must be embarked upon and completed. Speaking at the 2017 annual conference organized by the Finance Correspondents Association of Nigeria (FICAN), in Lagos, Acting Director General of Infrastructure Concession Regulatory Commission (ICRC), Engr. Chidi Kingsley Izuwah said that Private capital sanities corruption because nobody borrows to go and pay a bribe. According to him, large transportation…
Yemisi Izuora Nigeria’s infrastructure deficit has further widened such that about $3 trillion would be required in the next 30 years to get it fixed. President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew Alli who gave the figure said the expenditure is necessary if the country must meet its own ambitious development goals. Speaking at the annual conference of the Finance Correspondents Association of Nigeria (FICAN), in Lagos, Alli regretted that while Government must be a primary source of funding, Federal and State Governments’ fiscal inflows are grossly inadequate to match the pace of investments required in…
Yemisi Izuora In its continued fight against energy theft within its area of operations Eko Electricity Distribution Company has launched ‘Operation Name and Shame’. Speaking to correspondents after launching the programme in Lagos, EKEDC MD/CEO Engr. Oladele Amoda said the exercise was aimed at fishing out everyone engaging in energy theft through meter bypass, illegal connection or reconnection and publishing the names and house address of such people in both conventional and social media. This, he said, would be in addition to handing over culprits caught in the criminal act to law enforcement agencies for possible prosecution. Engr. Amoda said apart from…
To say I am not happy with Governor Okezie Ikpeazu of Abia State is an understatement. I am indeed shocked to notice he is a coward of high breed nature. Few days ago, the Nigeria Army led by General Tukur Burutai announced its intention to carry out what it termed “Operation Python Dance Part Two”, having done a similar thing in the South East last year. The Army said it would be looking for Armed Robbers, Kidnappers, Secessionists, and criminals etc, but before anybody could decode their statement, it invaded the entire Abia state, torturing, killing and maiming innocent…
Yemisi Izuora The Federal Government of Nigeria (FGN) and Ministry of Petroleum Resources will assemble upstream, mid-stream and downstream oil and gas professionals from around the world for the its inaugural Nigeria International Petroleum Summit (NIPS)holding from 19th to 23rd February 2018 at the International Conference Centre (ICC), Abuja. This will be the biggest technical and strategic business conference in the petroleum sector in Africa, as it will present current best practices and emerging technologies to attending engineers, scientists, academia, managers and executives. At the same time, the conference’s exhibiting companies will feature the latest products and services. Industry professionals and companies…
..As Nigeria, Ghana Records Lower Penetration Yemisi Izuora Head of Financial Services, Strategy and Operations at KPMG, Mr. Robert Dzato is calling on insurance companies and banks in the country to be skilled, professional and innovative in their line of work. This is coming as reports say that Ghana and Nigeria remain low in terms of insurance penetration in Africa. Speaking at the 3rd Annual Bancassurance and Alternative Distribution Channels Conference Ghana 2017, Dzato said the time has come for insurance companies to innovate products that will suit their customers. According to him, most customers complain of products being sold…
Hyacinth Chinweuba The National Examinations Council (NECO) has said that no fewer than 745,053 out of the 1,051,472 candidates that sat for this year’s June/July Senior School Certificate Examination (SSCE) got five credits and above including English and Mathematics. The figure which represents 70.85 per cent, indicates 1.11 percent increase in performance of candidates compared to 2016. Registrar and Chief Executive Officer of NECO Prof. Charles B. Uwakwe who announced the release of the result at the NECO headquarters in Minna Niger State said: “this year’s senior school certificate examination was a huge success”. The result also shows that…