News
TCN Suspends Power Firms For Breaching Market Rules
Published
2 years agoon
By
Editor
The Transmission Company of Nigeria has announced the suspension of three electricity distribution companies for breach of market rules.
The affected companies are APLE Electric Limited, Kano and Kaduna Electricity Distribution Companies.
Mrs Ndidi Mbah, TCN’s General Manager, Public Affairs, in a statement in Abuja on Friday, said that these rules govern and sanitise the Nigerian electricity supply industry.
According to her, the Market Operator is mindful of the need to ensure the continued sustenance of the Nigerian Electricity Supply Industry, which requires strict adherence to market rules and the application of sanctions where necessary.
READ ALSO: Electricity: TCN, DisCos Trade Blames Over Sector’s Poor Performance
She said that due diligence was observed by the MO before issuing the suspension/disconnection order, which is in accordance with procedures of the rules guiding the market.
”This is to ensure the preservation of the market and that non-compliant participants are held accountable for their actions.
”The APLE Electric Limited was found to be in non-compliance with the Market Rules for not having adequate Bank Guaranty and for incomplete payments of APL’s MO’s invoices from September 2022 to February 2023.
”As per the market rules, the MO first sent a request for a bank guarantee to APLE on November 29, 2022,” she said.
Mbah said that the company failed to provide the required bank guarantee, consequently, a Notice of Event of Default was issued to APLE on Dec 7, 2022, for incomplete payment of issued invoices.
READ ALSO: 2023: Insecurity, Erratic Electricity, Fuel Scarcity Persist As APC Seeks Fresh Mandate
“Following the notice of event of default, a Notice of Intent to Issue a suspension order was issued on Dec. 14, 2022, based on the market rules.
“APLE requested a hearing, which was held online on Dec. 20, 2022, where APLE was given an opportunity to show just cause why it should not be issued a Suspended/Disconnected Order.
“After the hearing, a 14-business day notice was issued on March 21 in three (3) national daily newspapers (Daily Trust, Guardian & Thisday) as required by the market rules. Thereafter, a suspension order was issued on April 19, which required APLE to cure its defaults,” she said.
Mbah said that the disconnection order was carried out on April 20 in line with the market rules.
She added that this order resulted in the disconnection of the Feeders within the APLE franchise area until such a time that they provide the required bank guarantee and settle their outstanding invoices with the MO.
READ ALSO: Reverse Unlawful Electricity Tariff Hike, Group Tells Buhari
Mbah also said that the Kaduna and Kano DisCos were equally found to be in non-compliance with the market rules for not having adequate bank guarantees and for incomplete payments of their MO invoices for the time-line January 2020 to February 2023.
She said that both companies were sent a request for their bank guarantees in line with the market rules, on Feb. 16, 2022, and they failed to provide the required bank guarantees.
“Consequently, a notice of an event of default was issued on March 2, 2022, for incomplete payment of invoices,” she said.
Mbah stated that the notice of the event was followed by a notice of intent to issue a suspension order, issued on May 9, 2022.
“Both DisCos requested for hearing which were held on May 31, 2022, (KEDCO) and June 2, 2022 (KAEDCO), where both DisCos were given an opportunity to show just cause not to be suspended/disconnected.
“After the hearing, a 14-business day notice was issued on March 21, 2023, in three national daily newspapers (Daily Trust, Guardian & Thisday newspapers), as required by the market rules.”
NAN
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News
Group Protests Alleged Sale Of Workers’ Housing Estate To NAF
Published
6 hours agoon
August 2, 2025By
Editor
Bauchi State Concerned Citizens group has raised alarm over the alleged sale of 270 newly built housing units along Ningi-Kano Road, Bauchi, to the Nigerian Air Force.
Addressing the press, the group’s chairman, Comrade Aliyu Ladan, on Friday described the development as “an unfortunate and illegitimate move” that threatens the rights and welfare of Bauchi residents.
“The houses were part of a 1,000-unit project initiated under former President Muhammadu Buhari’s administration to alleviate accommodation problems for workers.”
READ ALSO: NAF Debunks Fake Recruitment Advert, Warns Nigerians Against Fraudsters
He said the units had already been allocated to residents through a due process managed by the facility manager.
Ladan accused the Federal Ministry of Housing of negotiating with the Air Force to take over the estate, a move he described as “a complete violation of residents’ fundamental rights.”
The group called on President Bola Tinubu to intervene, warning that the decision could lead to unrest.
READ ALSO: NAF Airstrikes Kill Terrorists, Destroy Hideouts In Borno
The group demanded the cancellation of the alleged sale and urged the government to protect residents’ rights.
Responding, State Controller of the Federal Ministry of Housing, Architect Nwamadu Herbert, stated that although negotiations are ongoing, no transfer has been made as directives are awaited from the Ministry’s headquarters.
He dismissed the protesters as “illegal occupants,” clarifying that the houses remain under the ministry’s custody pending directives from headquarters.
News
Bauchi Gov To Corps Members: Advocate For National Development, Transformation
Published
6 hours agoon
August 2, 2025By
Editor
Gov. Bala Mohammed of Bauchi state has called on all the Narional Youth Service Corps (NYSC) members to always advocate for national development and transformation in the country.
Mohammed, who made the call during the swearing in ceremony of the 2025 Batch ‘B’ stream 1 corps members on Friday, also urged them to take the noble call with utmost seriousness and commit themselves to achieve the scheme’s objective of national unity and development.
Represented by Mr Mohammed Umar, Head of Civil Service in the state, the governor assured the corps members that the people of the state appreciated and supported the goals and objectives of the NYSC scheme.
“Therefore, we have decided to collaborate with you in every possible way to ensure the success of the Scheme in the State.
READ ALSO: NYSC Deploys 1,700 Corps Members To Bauchi State
“To this end, we have completed the renovation of corps members’ hostels and built a brand new Multipurpose Hall in the camp.
“This is the first phase of the project and the second phase, which I assure would start very soon shall include, construction of staff accommodation, a clinic and other necessary facilities.
“I can assure you that my government would continue to do anything within the limit of our resources to make the corps members and staff comfortable during orientation exercises in the camp,” he said.
Earlier, Mr Umoren Kufre, the state Coordinator of NYSC reminded the corps members that life in camp is highly regimented, adding that participants were expected to adhere to the orientation course timetable, NYSC Bye-laws, extant rules and other relevant policies.
READ ALSO: Cubana Chief Priest Mocks Hellen Atti Amid Paternity Dispute, Sparks Reactions Online
According to him, 1,107 corps members comprising 608 males and 499 females had been successfully registered before the commencement of the swearing in ceremony out of the 1,700 corps members posted to the state.
He commended the state governor for his unwavering commitment to the realisation of the NYSC objectives in the state.
“I am indeed happy for the complete renovation of corps members’ hostels at the NYSC permanent orientation camp and the construction of a brand new Multi-purpose Hall.
“There can be no better demonstration of commitment, love and fatherly care than what we are seeing in the camp now.
“It is now clear for all to see that His Excellency is a great lover of the youths and particularly the corps members,” he said.
News
JUST IN: NNPCL Boss, Ojulari Allegedly Forced To Resign
Published
7 hours agoon
August 2, 2025By
Editor
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Bayo Ojulari, has allegedly been forced to sign a resignation letter.
This is according to a Peoples Gazette report on Saturday.
According to the report, Ojulari was hijacked on Friday and pressured to sign a resignation letter by Ola Olukoyede, chairman of anti-graft EFCC, and Adeola Ajayi, director-general of the State Security Service.
It was reported that the alleged incident occurred on Friday, according to sources who spoke with the news platform.
Sources said Mr Ojulari was repeatedly questioned about what he might know of Olatimbo Ayinde, a British-Nigerian oil businesswoman who has recently emerged as one of the most powerful forces steering the Tinubu administration.
READ ALSO:JUST IN: Tinubu Sacks NNPCL CEO, Mele Kyari, Names Replacement
“Mr Ojulari told us he didn’t know Olatimbo Ayinde,” the source, who preferred anonymity, told Peoples Gazette.
However, the spokesman of EFCC, Dele Oyewale, has not officially responded to the enquiry on the matter.
Also, Mr Ojulari did not immediately return multiple requests seeking comments about the development on Saturday afternoon.
Recall that NNPCL had recently raised alarm over sabotage of the state-owned oil firm’s leadership.
Ojulari was appointed in April 2025 by President Bola Ahmed Tinubu.
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