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2023 General Elections Aftermath: Anti-party activities divide political parties 

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…As chieftains of parties suffer disciplinary actions

…Ward lashes Dep. Senate President, Omo-Agege with expulsion

…Says he worked against party during presidential election for his guber bid

By Moses Adeniyi

The aftermath of the General Elections have erupted stunning dynamics within the ranks of political parties in the Nigerian political space as allegations of anti-party activities, particularly involving chieftains of major political parties have begun to create confusion, tearing parties apart.

The two major parties of the ruling All Progressives Congress (APC) and the major opposition, the Peoples Democratic Party (PDP) have begun the process of instituting punitive measures against some of their members believed to have worked for the opposition for their own selfish interest against the parties’ during the general elections.

The allegations of anti party activities have touched on some key chieftains of the two major parties causing rift and divisions among loyalists of the affected party bigwigs and other blocs, including party leaderships.

As the investigation of alleged anti party activities by leadership commenced within the APC, the rod of disciplinary actions have begun to stretch to some party bigwigs.

On Monday, there was confusion as the Deputy President of the Senate, Ovie Omo-Agege, was reportedly lashed with an expulsion announced by executives of the APC at his Ward in Orogun, Ughelli North Local Government Chapter.

Omo-Agege who was the party’s flag bearer in the just concluded Governorship election in Delta State, was accused of having worked for the opposition during the Feb. 25 Presidential election in exchange for support for his gubernatorial bid which he lost.

The party accused him of various offences committed, including alleged acts of anti party activities and gross misconduct, which the Ward Executives claimed has “brought shame and ridicule to the image of the party in the state which affected the party in the just concluded elections.”

The resolution and adoption of the expulsion of Omo-Agege as a member of the party, was signed by an expulsion letter signed by the Chairman, Ulebor Isaac, on behalf of the State Executive Committee of the Delta APC and Secretary, Inana Michael, and 23 others, where they unanimously resolved and adopted the expulsion of Omo-Agege as a member of the party by the executive committee of the Orogun Ward and Ughelli North Local Government chapter.

The expulsion document which was made available to journalists in Abuja, on Monday, read partly, “The State Executive Committee (SEC) of All Progressive Congress Delta State in a meeting held on the 31 March, 2023 at the State Secretariat, Asaba.

“After due deliberation of the Notice of Resolution of Expulsion of Senator Ovie Omo Agege as a member of the Party by the executive committee of the Orogun ward and Ughelli North Local Government Chapter dated 20th March, 2023 and accordance to the provision of Article 21.2 (D)(II)(VII) 21.3 and 21.5(g) of the constitution 2022 (as amended) we unanimously Resolved and Adopted the expulsion of Senator Ovie Omo Agege as a member of the Party.

“Consequently, Senator Ovie Omo Agege hereby stands expelled as a member of the party with immediate effect for various offences committed and acts of anti-party activities and gross misconduct that has brought shame and ridicule to the image of the party in the state which affected the party in the just concluded elections.”

The APC, Delta Central, in a communique made available to journalists on Monday, also disclosed that it has received and embrace the expulsion of Omo-Agege from his Ward.

The communique signed by the Vice Chairman, Delta Central, Sir Oruafe Michael reads, “We Are In Receipt Of Omo-Agege Expulsion From His Ward. When Omo-Agege was expelled, he didn’t appeal it seven days after.

“The Local Government has to approve the expulsion, and forward it to the state. We are calling on the National leadership of the party to approve Omo-Agege’s expulsion immediately without delay. This development shouldn’t in anyway affect members of the party.

“They should go about their normal business, as the call is for the benefit of the state party.”

The communique listed Omo-Agege‘s offences to include: hijack of the party from the Ward to the State and personal appointment of Publicity Secretary without consultation from anybody in the State.

The Communique also pointed out that Omo-Agege worked against APC’s interests by working for the Labour Party during the presidential election in exchange for their support for his governorship bid.

“This action, which we found distasteful affected the party chances in the State,” the communique further read.

The communique also noted that Omo-Agege deliberately favoured his Senatorial District against the other Senatorial Districts in terms of providing Federal Government projects.

Meanwhile, there were controversies around the expulsion as some sources from the national leadership of the party discountenanced the validity of the expulsion, identifying it as a factional craft which is not recognised.

The investigation of anti party activities is growing with division among the ranks of the major political parties. Some of the party bigwigs who were suspected to have worked for other parties based on interest have been targeted for disciplinary actions.

In the APC, some chieftains of the party, it has been gathered, are under investigation to establish their complicity in anti party activities for disciplinary actions.

Recall the Chairperson of the Niger Delta Development Commission (NDDC), Lauretta Oniochie, a card carrying member of the APC, was last week suspended from the party over alleged anti-party activity.

Also, the APC in Kukadu Gundari Ward, Misau Local Government Area of Bauchi State also suspended the State APC chairman,  Alhaji Babayo Misau, for alleged anti-party activities.

Onochie’s suspension was conveyed in a letter signed by 27 executive members of Ward 4, Onicha-Olona in the Aniocha North Local Government Area of Delta State.

The letter was tittled, “Loss of confidence and suspension of Lauretta Oniochie as member of the APC in Onicha-Olona ward 4, Aniocha North Local Government Area.”

The Ward said the decision followed a review of Oniochie’s conduct during the just-concluded general elections.

The letter had read in part, “We, the under-listed, are the ward executive members of the All Progressives Congress in Onicha-Olona ward 4 Aniocha LGA Delta State.

“We have painstakingly reviewed the conduct of the just-concluded general elections at all levels and have noted, with dismay, that Onochie, who is one of the leaders of our great party, worked against the success of the party in Onicha-Olona Ward 4, and beyond.

“Information available to us show very clearly that she was openly campaigning for candidates of opposition parties, especially the Peoples Democratic Party, in the run-up to the presidential and National Assembly as well as the governorship and state House of Assembly elections.

“It was also observed that all her allies and supporters were working for the PDP in the state. The evidence of this could be seen in the fact that the party lost in her polling unit 8, ward 4 in the presidential, senatorial, House of Representatives, governorship and state Assembly elections.”

The Ward also alleged that Oniochie failed to fulfill her financial obligations to the party, adding that she never attended any ward and LG meetings or other party engagements.

However, in reaction, the APC Chairman, Aniocha North Local Government Area of Delta State, Mr Matthew Chinye said, “There is nothing like suspension; the letter is rubbish.”

Meanwhile, in Bauchi, the Chairman, Kukadu Gundari Ward, Alhaji Ibrahim Lawan, announced the suspension of the State APC chair, Misau, at a news conference last Saturday in Abuja.

The Ward Chairman had said Misau was suspended following  an emergency meeting of  the Ward executive members on Friday where anti-party allegations against him were considered.

“We are here to announce the suspension of the Bauchi State APC chairman in the person of Alhaji Misau as the chairman and member of the APC.

“All the allegations of anti-party activities, abuse of office and the violation of party’s constitution have been proved beyond reasonable doubts,” he said.

In his reaction to the suspension,  Misau told said  on Sunday in Abuja that the action was “null and void,” arguing  “they don’t have the powers to suspend me. They’d need to consult with other ward and council chairmen of the party before they can take such action.”

“What they did is totally unacceptable and not in consonance with the party’s constitution.”

Recall that within the ranks of the main opposition, the PDP, there have also been confusion over allegations of anti party activities, with suspension lashed on some of its chieftains, particularly those who were believed to be in loggerheads with the former National Chairman of the party,  Senator Iyorchia Ayu.

Some of those affected are former governor of Ekiti State, Ayodele Fayose; former president of the Senate, Pius Anyim; and others, including Prof Dennis Ityavyar and Aslam Aliyu, who were suspended by the Ayu-led PDP leadership.

However, Ayu himself suffered an ill fate as he was also suspended from his Ward in Igyorov Ward of Gboko Local Government Area (LGA) of Benue State.

His suspension came with immediate effect less than a week after the Party’s National Working Committe lashed some of its key members with suspension, a development that led to his ousting as the National Chairman of the PDP.

The Party had also referred Benue State Governor, Samuel Ortom to the National Disciplinary Committee over his reported involvement in anti-party activities.

Ortom and Ayu hail from same Benue State but fell out due to irreconcilable differences over the General Elections.

Ortom is a member of the G-5 PDP Governors who demanded the resignation of Ayu as National Chairman in the build-up to the General Elections and his replacement by a southerner, since Atiku Abubakar the presidential candidate of the party is from the North.

Although the acting leadership of the Party has declared reconciliation moves with some suspension of its members lifted, the party is still suffering breaches of divergent interests which largely polarised its structure during the 2023 general elections.

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Power transmission: TCN unbundled, as FG orders registration of new Independent System Operator

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…Nigerians enjoying improved power supply — Presidential aide

…As FG installs more substations in Lagos, Kebbi to boost power supply

The Federal Government through the Nigerian Electricity Regulatory Commission (NERC) has ordered the registration of a new Independent System Operator.

This function was earlier carried out by the Transmission Company of Nigeria (TCN), however, with the new directive, the TCN will cease to act in this role.

This directive Nigerian NewsDirect is coming on the heels of perceived allegations of mismanagement and ineffectiveness of the TCN to address repetitive issues on the nation’s power grid.

It is noteworthy that since privatisation, the national grid has collapsed more than 140 times thus drowning the nation into darkness.

In the order signed by the NERC Chairman, Engr. Sanusi Garba and Vice Chairman, Musiliu Oseni, the TCN has been ordered to transfer all system and market operations related assets, contracts and staff to the new entity.

The Nigerian Independent System Operator Limited will be responsible for managing the national grid and other system operations related market contracts and transactions.

TCN as a successor company of the defunct Power Holding Company of Nigeria, PHCN, was issued with two licenses by NERC as a Transmission Service Provider and Independent System Operator.

The NERC order formally unbundles the TCN into Transmission Service Provider, TSP and Independent System Operator, as prescribed in the Electricity Act 2023.

The Commission’s action is seen as a reaction to the frequent national grid collapses that have seen four nationwide blackouts this year.

The Commission ordered BPE to “incorporate, no later than 31 May 2024, a private company limited by shares under the Companies and Allied Matters Act to carry out the market and system operation functions stipulated in the EA and the terms and conditions of the system operation licence issued to TCN.”

“The name of the company shall, subject to availability at Corporate Affairs Commission, be the Nigerian Independent System Operator of Nigeria Limited (‘NISO’). ii. The object clause of the Memorandum of Association of the NISO as provided in section 1 6(2) of EA shall be as follows a. to hold and manage all assets and liabilities pertaining to market and system operation on behalf of market participants and consumer groups or such stakeholders as the Commission may specify; b. to carry out all market and system operation-related contractual rights and obligations novated to it by the Transmission Company of Nigeria;

“c. to negotiate and enter into contract for the procurement of ancillary services with independent power producers, successor generation licensees, etc and generally carryout market and system operations functions as specified under the EA and the terms of its license in the interest of market participants and system users; d. to carry out all market and system operation-related contractual rights and obligations novated to it by the Transmission Company of Nigeria; the income and property transferred to it by the TCN or whensoever derived shall be applied solely towards the promotion of its objects as set forth in its incorporation documents and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, or bonus otherwise howsoever, by way of profit to the subscribers: provided that nothing herein contained shall prevent the payment in good faith of remuneration to any contractor or staff of the company in return for any services rendered to the Company.”

The Commission said the NISO’s initial subscribers shall be the Bureau of Public Enterprises and Ministry of Finance Incorporated (MOFI) while the final shareholding structure of NISO shall be determined after further consultations with government, market participants and industry stakeholders.

Meanwhile, a Presidential aide to President Bola Ahmed Tinubu has stated that Nigerians have been enjoying improved power supply.

The President’s Special Assistant on Social media, Dada Olusegun in a series of tweets made this known.

According to him, “Nigeria’s second largest hydropower plant; the ZUNGERU POWER PLANT, was connected to the national grid last week leading to an improved supply in electricity to many areas across the country.

“The ambitious power plant represents a major achievement of the APC led government starting under former President Muhammadu Buhari who handed over engineering, procurement, and construction to a Chinese consortium comprising China National Electric Engineering Company (CNEEC) and Sinohydro after initial construction began in 2013.

“President Tinubu ensured continuity with the concession process which is set to earn Nigeria $70m annually for the next 30 years for managing the complex.

“The gigantic reservoir has a capacity to hold 10.4bn cubic meters of water. The power project is estimated to generate 2.64 billion kWh of electricity annually, which will meet close to 10 percent of Nigeria’s total domestic energy needs. Slowly but surely, we will get there,” He tweeted.

Similarly, more mobile substations acquired under the Federal Government-Government Siemens deal are being installed in parts of the country to boost the wheeling capacity of the transmission network.

Minister of Power, Adebayo Adelabu who inaugurated the mobile substations in Lagos and Birnin Kebbi, said the infrastructure stands as a beacon of hope for businesses and households towards achieving uninterrupted power supply.

The two Substations installed have a total wheeling capacity of 123 megawatts which is expected to enhance electricity supply.

Minister of Power, Adebayo Adelabu, described the project as a testament to the renewed hope agenda of President Bola Tinubu in accelerating the delivery of the Siemens project thereby transforming the power sector.

The power minister implored Nigerians to safeguard the infrastructure against vandalisation as the success of government interventions in the sector hinged on collective responsibility.

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2024 is for expansion, higher dividends for our shareholders — Transcorp Hotels MD

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…Gives reasons for proposed 5,000 capacity event centre in Abuja

By Emmanuel Atokolo

The Managing Director/CEO of Transcorp Hotels Plc, Dupe Olusola has stated that the year 2024 for the company is targeted at expansion and delivering higher dividends for her shareholders.

Speaking in an interview on Arise TV, Dupe explained that the company is solely focused on expansion as they look to remain a leading Hospitality brand in Nigeria through massively investing in the Hospitality business.

The Transcorp Hotels MD also seized the occasion to clarify why the company is embarking on the construction of an event centre.

Dupe explained that Transcorp is building a 3,500 to 5,000 capacity events centre in Abuja to ensure that high profile events can be held in Nigeria and in turn generate revenue for themselves while also tackling unemployment.

She also mentioned a 315 rooms 5-star Hotel at Ikoyi on a 14,000 square metres land that will provide a top notch leisure and relaxation environment with side attractions.

When quizzed about how Transcorp has been able to increase asset growth and revenue base, the CEO explained that

Dupe stated that all the stakeholders during the AGM were pleased with the financial statements and it was approved that a 20 kobo dividend be paid to all shareholders which is a 54% increase from the previous year which was 13 kobo.

She added that the Hotel recorded 72 percent growth in the first quarter (Q1) of 2024, 5 billion in net profit and Occupancy rate increased to 83 percent as guests are always happy to come back and bring potential guests too.

“Profit before tax also increased by 105 percent, so also did revenue as it increased by 36 percent amounting to N41.5 billion.” She narrated.

The MD added that to add to the shareholders joy over the profitability witnessed so far, there are further plans to ensure that they make more progress in the current year.

She said that 2024 will be about expansion through an aggressive budget.

Likewise, Dupe mentioned that they have a Hospitality business platform named “Aura by Transcorp PLC” through which you can make online bookings from anywhere.

She noted that it also helps to enlarge their foot prints as inventory has increased to 5000 and they are looking to further solidify their rating in Nigeria in the next 2-3 years, then expand outside the shores of Nigeria in the next 3-5 years.

In her response to how Transcorp made much profit in the Q1 of 2024, Mrs Olusola clarified that resilience has been a key factor as they don’t take for granted that they are a leading Hospitality brand but they strive to improve their services as they continually work on guest experience which is a vital factor in the Hospitality business.

She also explained that the Covid era taught them to think outside the box which motivated them to make arrangements to host diverse guests as some people don’t book rooms but come with their family to just relax and go back.

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Customs FX rate hiked to N1,441/$

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The foreign exchange (FX) rate for import duties to N1,441.58 per dollar has been hiked by the Nigeria Customs Service (NCS) as observed on Friday on the federal government’s single window trade portal.

The increase represents a 4.94 percent as against the N1,373.64/$ adopted on May 1.

The rate adopted by Customs was observed on Friday on the federal government’s single window trade portal.

The customs typically adopts FX rates recommended by the Central Bank of Nigeria (CBN) for import duties based on trading activities in the official FX market.

The rate is higher than the official FX rate of N1,402/$ recorded on May 2, and N1,390 traded on May 1.

Recall that according to CBN on February 23, the Customs and other related parties must adopt the closing rate in the official window for import duty.

The apex bank said the FX rate at the point of importation should be used for import duty assessment until the termination date and clearance are finalised.

Meanwhile, the Chief Executive Officer (CEO) of the Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf said such a movement could be detrimental to the economy.

He said the economy’s real sector activities such as planning, production, and other activities are negatively impacted by the frequent changes.

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