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Revealed: Real reason behind electricity workers’ strike

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The real issue of contention between the National Union of Electricity Employees (NUEE) and the government has been revealed.

It was learnt that the reasons given by the electricity, though they form the bulk of the reasons, may not be the actual issue.

The union may have used the complaints as cover to tackle some underground moves to unbundle the Transmission Company of Nigeria (TCN) and sell some sections of the company and retain one.

According to industry sources, the TCN was to be unbundled into two sections, one to be known as Independent System Operators( ISO) and the other as Transmission Service Provider (TSP).

The ISO normally runs the transmission system while the TSP is the one that maintains the infrastructure of TCN, the government it was alleged had planned to sell the TSP which is predominantly government owned asset, both moveable and unmovable asset, as against ISO  which anybody can be recruited to do.

The ten regions of the transmission Company Nigeria were almost being shared among some politicians when the union got wind of the development and kicked against.

The union does not see any reason why governments should sell its asset and hold on to ISO.

The union was alleged to have written the director of States Services, Presidency and the Ministry of Power, intimating them that there would be consequences for their action should that happens.

As for the Transmission Service Provider (TSP ), if it is privatised, it is believed that it assets may be taken at give-away prices.

The would-be buyers would stripe the assets and leave the ISO as government-owned, and the organisation would thereafter be renting buildings and other facilities from those who would have bought the TSP when in the real sense of it should have been the other way round.

To press home their demand of not supporting the move to split the company and privatise part of it was what was responsible for the seriousness of the strike action. It was to also show the government that they can make the system ungovernable if it carries out the planned unbundling.

This is why even though the issue of unbundling TCN was not stated by the union it was the first issue that was discussed at the meeting with government officials.

An official statement by one of the two unions to the workers intimating them of what transpired at the meeting confirmed this.

The statement to the union member read thus:

“The Conciliatory meeting initiated by the Federal Government with the two in-house Unions held today 17th August 2022 at the federal ministry of labour and Employment Central Area Abuja.”

“The meeting deliberated on most of the issues in contention and ended with the following resolutions

1.On Issue of Unbundling of TCN’ it was put to rest as the government denied ever contemplating such agenda.

2. On the Issue of Stigmatization of Ex-PHCN workers, who have been denied employment opportunities in TCN; A high power committee was inaugurated comprising of the Ministry of Labour, Ministry of Power, Office of the Secretary to the Government of the Federation, BPE, Market Operator, Office of the Head of Service of the Federation and the Two in-house Unions as members; to fine tune policy as was considered discriminatory and unacceptable and revert back immediately.”

“3. Payment of outstanding arrears of privatization; The Ministry of Power was mandated to activate a sincere process with BPE to pay the outstanding liabilities (16th month arrears) and a comprehensive report is expected in two weeks

Consequently, the duo of the unions agreed on trust to suspend the ongoing strike action.

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FRSC boss, tasks African tax administrators on local solutions

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Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji, has challenged tax administrators in Africa to look inwards for local solutions to challenges rather than turning to the Western world for salvation.

Adedeji, according to a statement by his Special Adviser on Media, Dare Adekanmbi, spoke at a three-day council meeting of African Tax Administration Forum, ATAF, hosted by FIRS and held in Lagos.

Headquartered in Pretoria, South Africa, ATAF is an international organisation established in 2009 to provide a common platform for African tax administrators to build capacity, achieve revenue objectives and advance the role of taxation in African governance and state building.

The FIRS chairman, who is the President of the Commonwealth Association of Tax Administrators, CATA, said practicable solutions to address the challenges confronting the continent, particularly in the area of local resource mobilisation, could “only come from wearers who know where the shoe pinches”.

Adedeji urged member countries to take ATAF matters seriously and abide by the rules set.

He stressed that the success of continental body depends on collective efforts to showcase the best Africa has to offer.

“The problem of Africa can only be sincerely solved by Africans. I charge you all to redouble efforts to make sure we prioritise the activities of ATAF.

“In Nigeria, we are giving you our commitment that we will prioritise anything that has to do with ATAF, recognising that solutions to our challenges reside with us in Africa. Nobody can tell our stories better than ourselves. We cannot continue to rely on solutions from platforms that are not indigenous to us.

“We must ensure the sustainability of the organisation and uphold the tenets of ATAF founding agreement and rules and be committed to abiding by them in our decision-making processes.

“The management of the secretariat is also vital to the success of the organisation, and we must prioritise the process of a smooth transition in this meeting, as the term of the current Executive Secretary comes to an end in March 2025 when Mr Logan Wort will have served for 16 years of meritorious efforts. Nigeria joins the rest of ATAF members to applaud and honour Mr Wort,” the FIRS chairman said.

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FX crisis: Nigerian Govt to delist Naira from peer-to-peer platforms

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The Federal Government has disclosed plans to delist the Naira from all peer-to-peer, P2P, platforms.

The Director General of the Securities and Exchange Commission, Emomotimi Agama, disclosed this during a virtual meeting with blockchain stakeholders on Monday.

This decision aims to tackle the manipulation of the local currency’s value in the foreign exchange market.

The country’s regulatory authorities have been investigating and scrutinising cryptocurrency exchanges in recent months.

On March 8, the biggest cryptocurrency exchange, Binance, stopped its Naira services.

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No plan for foreign military base establishment – FG

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The Federal Government says it has not received any proposal for the establishment of a foreign military base in the country.
Alhaji Mohammed Idris, the Minister of Information and National Orientation made this known in a statement in Abuja.
He said an alarm raised in some quarters on the purported plan was “baseless and unfounded”.
“The Federal Government is aware of false alarms being raised in some quarters alleging discussions between the Federal Government of Nigeria, and some foreign countries on the siting of foreign military bases in the country.
“We urge the general public to totally disregard this falsehood.
“The Federal Government is not in any such discussion with any foreign country.
“We have neither received nor are we considering any proposals from any country on the establishment of any foreign military bases in Nigeria,” Idris said.
According to the  Minister, the Federal Government already enjoys foreign cooperation in tackling ongoing security challenges in the country.
“President Bola Tinubu remains committed to deepening these partnerships, with the goal of achieving the national security objectives of the Renewed Hope Agenda,” he said.
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