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Transcorp increases power generation to the National Grid as it commissions rehabilitated GT Unit 20

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TransAfam Power Ltd, a subsidiary of Transcorp Group, has announced the completion of the rehabilitation of its Afam 5 GT unit 20 Gas Turbine power-generating unit located at Okoloma – Afam, Ndoki in Oyigbo Local Government Area of Rivers State. The rehabilitated unit, which has been successfully commissioned and synchronized to the national grid, bringing an additional 138MW to its existing capacity.

Engr. Vincent Ozoude, MD/CEO of TransAfam Power Limited expressed his delight about the newly rehabilitated unit, which is able to power up to 100,000 homes in a year.

“Since the administrative handover of the Afam Power Plant in March 2021, we have been working diligently to realize the full potential of the plant. We are pleased to have successfully completed the rehabilitation of GT20, having been out of service for over 15 years prior to our takeover. We are glad to have achieved this feat, using a combination of our in-house resources and other local technical support, with about 20 per cent of foreign expert support in the rehabilitation project, showing our commitment to local content development,” Ozoude said.

“It is impressive how far we have come from 48MW average generation, when we took over, to raising production to 120 MW generation within the first two months,”  Ozoude added, as he expressed appreciation to the company’s host community, Okoloma-Ndoki, and other stakeholders.

President and Group CEO of Transcorp,Dr. Owen Omogiafo, who was accompanied by the members of the Technical Committee of the Board of Directors, expressed delight at the commissioning of the rehabilitated Afam 5 GT 20 power generating unit, stressing its significance to Transcorp Group and their commitment to transforming the power sector in Nigeria.

“Our purpose at Transcorp Group is to Improve Lives and Transform Africa, one investment at time. We are pleased at the progress we are making to expand access to electricity in Nigeria through our investments in the power sector,” Dr. Omogiafo said.

“You cannot achieve sustainable economic transformation without reliable power supply. It is that understanding that has led us at Transcorp, under the leadership of our Group Chairman, Mr. Tony O. Elumelu CFR to invest in the power sector. We are happy with the progress we are making in our power plants and strive to continue to optimize our available generation capacity, with improved gas supply, which has become increasingly challenging. We will also continue to build our local capacity by investing in human capital development and positive engagement with our host communities and stakeholders,” Omogiafo added.

Transcorp Group had in 2013, through its power subsidiary, Transcorp Power Limited (TPL), acquired the 972MW gas-fired Ughelli Power Plant, which has since been phenomenally transformed. With the acquisition of Afam Power Plc, Transcorp has further cemented its position as a key player in the power sector.

Transnational Corporation plc (Transcorp Group) is Nigeria’s largest leading diversified conglomerate with strategic investments and core interests in the power, hospitality, and energy sectors. A publicly quoted conglomerate with a diversified shareholders base of about 300,000 investors, its notable assets include Transcorp Hotels plc (Transcorp Hilton, Abuja, Transcorp Hotels, Calabar, and Aura by Transcorp Hotels); Transcorp Power Limited, Transafam Power Limited and Transcorp Energy Limited (operator of OPL 281).

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Ondo 2024: APC will remain party of choice — Sanwo-Olu

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…Receives congratulatory letter as Zonal Coordinator for APC South-West

…South-West APC leaders back Lagos Governor as Zonal Coordinator

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Sunday said the All Progressives Congress (APC) in the South-West Zone will continue to work with stakeholders to ensure the party remains the party of choice.

Sanwo-Olu stated this position as the preparation for the November 16 governorship election in Ondo state is in top gear.

According to a press release signed by the Special Adviser to the Governor on Media and Publicity, Gboyega Akosile, Sanwo-Olu said members of the National Working Committee and Zonal Working Committee in the zone had resolved to intervene on issues and engage with critical stakeholders to ensure they were not only taken care of but also enjoyed the dividends of democracy.

Governor Sanwo-Olu who is the APC Zonal Coordinator for South-West pledged to live up to the responsibility by working with the entire team to reposition and strengthen the party in the South-West.

It would be recalled that the APC National Chairman, Dr Abdullahi Ganduje, inaugurated and presented letters to six governors at the party headquarters in Abuja on Wednesday, March 26, to coordinate party activities and reconcile aggrieved members of the party in each of the six geo-political zones.

The zonal coordinators are Governors Babajide Sanwo-Olu (South-West), Hope Uzodinma of Imo (South-East), Bassey Otu of Cross River (South-South), AbdulRahman AbdulRazaq of Kwara (North-Central), Mai Mala Buni of Yobe (North-East), and Uba Sani of Kaduna (North-West).

Speaking to journalists after a meeting with the APC National and Zonal Executive members from the South-West at Lagos House, Marina, on Sunday, Sanwo-Olu said the inaugural meeting with the party’s national and zonal executives was to deliberate and come up with far-reaching decisions that would put the party on its feet and the right pedestal.

Governor Sanwo-Olu, who was handed a congratulatory letter on his appointment as the Zonal Coordinator for APC South-West by the officials.

He said, “We are engaging in all the issues that we have in all our states and trying to bring all of us together. We are beginning to look at areas where we can indeed intervene as a zone, especially with critical stakeholders. We have identified students, youths, and people living with disabilities. We all have things we can do differently.

“We all have things from the South-West that we can continue to push into our national conversation to ensure that the stakeholders in the region are very focused and ensure that people feel the real dividends of democracy. And to generally put APC as the biggest party in Africa, the biggest party in the country, and to continue to remain the biggest party in the South-West.

“We have identified the places we need to work, and the work is continuous. We are working in Oyo State. We will continue to work in Osun State. We will continue to work in Ondo State. Ondo State has a unique issue because we have an election coming up that affects all parties.

“There are candidates that have been thrown out; there are people who have aspired to be aspirants and will turn out to be candidates after the primary elections. We are all brothers and sisters; we will resolve all our issues in-house, and I want to assure you that APC will continue to remain the party of choice in Ondo State.”

Also speaking at the inaugural meeting, the national and zonal officers of APC in the South-West passed a vote of confidence in Governor Sanwo-Olu, saying the appointment of the Governor as zonal coordinator by the national leadership of the party is well deserved.

The APC national and zonal officers from the South-West, while presenting a congratulatory letter to Governor Sanwo-Olu during their inaugural meeting with the Governor, pledged their support and loyalty to the Zonal Coordinator as he leads the South-West of the party to strengthen and reposition it for the future.

Reading a communiqué after the meeting, APC National Vice Chairman (South-West), Hon. Isaac Kekemeke, said they have decided to ensure harmonisation and reconciliation in all the states in the South-West, particularly in Oyo, Osun, and Ondo State, where the party will participate in a governorship election later this year.

He said they also resolved to prioritise empowerment and engagement with students, youths, women, and persons with disabilities, amongst other initiatives.

The communique read, “After discussing the challenges facing the party in the South-West zone, the meeting resolved to immediately set up a zonal office of the party in Ibadan and also to immediately set up a liaison and operational office in Lagos since the zonal coordinator is the Governor of Lagos.

“The meeting also resolved, as part of engagement with the leadership, formal and informal, of the party, to convene a South-West Assembly of the All Progressives Congress in early June this year.

“The meeting also resolved that, under the leadership of Governor Sanwo-Olu, this forum will continue to engage with relevant stakeholders, to ensure their empowerment and productive engagement by the government of the federation and various governments in the South-West.”

Among the APC national and zonal executive members from South-West who attended the meeting are; National Secretary, Senator Bashir Ajibola; National Youth Leader, Mr. Dayo Israel; Deputy National Auditor, Hon. Femi Egbedeyi; National Ex-Officio Member (South-West), Hon. Olubunmi Oriniowo; National Vice Chairman (South-West), Hon. Isaac Kekemeke; Zonal Secretary, Hon. Vincent Bewaji; Zonal Organising Secretary, Dr. Lateef Ibirogba; Zonal Publicity Secretary, Chief Ayo Afolabi.

Others are Zonal Woman Leader, Hon. Yetunde Adesanya; Zonal Leader of People Living with Disability, Comrade Moshood Erubami and APC Chairmen in South-West states, Hon. Cornelius Ojelabi (Lagos), Chief Yemi Sanusi (Ogun), Chief Isaac Omodewu (Oyo),  Sooko Tajudeen Lawal (Osun), Engr. Ade Adetimehin (Ondo) and  Hon. Sola Elesin (Ekiti).

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Alleged misappropriation: EFCC recovers N32.7bn, $445,000 from Humanitarian Ministry amid corruption probe

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..Uncovers extensive fraud in COVID-19 funds, W’Bank loan, Abacha loot allocations

…Vows crackdown on Naira abuse, reveals several celebrities are under investigation

By Sodiq Adelakun

The Economic and Financial Crimes Commission (EFCC) has made significant strides in its investigation into alleged corruption within the Ministry of Humanitarian Affairs, Disaster Management, and Social Development.

According to a statement released by the EFCC’s Head of Media & Publicity, Mr. Dele Oyewale, the Commission has recovered a staggering sum of N32.7 billion along with $445,000 from the ministry.

This revelation comes amidst a flurry of commentaries, opinions, and assumptions surrounding the ongoing probe.

The EFCC emphasised the importance of setting the record straight, as misinformation and speculation have been rampant.

According to the statement, “EFCC has noticed the rising tide of commentaries, opinions, assumptions and insinuations concerning its progressive investigations into the alleged financial misappropriation in the Ministry Of Humanitarian Affairs, Disaster Management and Social Development.

“At the outset of investigations, past and suspended officials of the ministry were invited by the commission and investigations into the alleged fraud involving them have yielded the recovery of N32.7billion and $445,000 so far,” Oyewale said.

…EFCC uncovers extensive fraud in COVID-19 funds, Abacha loot allocations

The EFCC revealed that its discreet investigations have uncovered additional fraudulent activities related to COVID-19 funds, the World Bank loan, and allocations from the Abacha recovered loot designated for poverty alleviation initiatives within the ministry.

These investigations have also established links between the alleged financial malfeasance and several interdicted and suspended officials of the ministry.

The EFCC also said the investigation did not focus on individuals but on the ministry as a whole.

“It is instructive to stress that the commission’s investigations are not about individuals. The EFCC is investigating a system and intricate web of fraudulent practices. Banks involved in the alleged fraud are being investigated. Managing directors of the indicted banks have made useful statements to investigators digging into the infractions. Those found wanting will be prosecuted accordingly.

“Additionally, the EFCC has not cleared anyone allegedly involved in the fraud. Investigations are ongoing and advancing steadily. The public is enjoined to ignore any claim to the contrary,” the statement added.

On the issue of the works of the commission against Naira abuse, dollarisation of the economy and the enforcement of all extant laws relating to them, the EFCC said it appreciates the avalanche of public awakening, support and involvement demonstrated so far.

“Increasingly, members of the public are drawing the attention of the commission to video recording of abuse of the Naira by Nigerians from all walks of life. These gestures amply demonstrate rising consciousness of the public to the sanctity of our national currency and the need for collaborative engagement to sustain the tempo,” Oyewale said.

He stressed that the commission will always investigate and prosecute anyone involved in the abuse of the Naira, saying old videos being exhumed and flying around for the attention of the Commission are noted as the Commission is sensitive to the fact that its Special Task Force against Naira Abuse and Dollarization of the economy commenced operations on February 7, 2024.

“However, going forward, new videos of such infractions will be investigated and prosecuted.

…EFCC vows crackdown on Naira abuse, reveals several celebrities are under investigation

At the moment, “the commission is investigating several celebrities involved in Naira abuse. Many of them have made useful statements to the commission and many more have been invited by investigators working on the matter,” the Commission said.

The EFCC has also committed to maintaining its unwavering stance of holding all accountable, without exceptions. It warns the public to remain vigilant against violating laws related to this crime.

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Junior Pope: NSIB commences investigation into boat accident

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The Nigeria Safety Investigation Bureau (NSIB) has commenced an investigation into the devastating boat accident that claimed the life of actor, Junior Pope.

Junior Pope was found dead following an accident last week on the Anam River in Anambra State while shooting.

Among the victims were Abigail Frederick, Precious Oforum, and Joseph Anointing.

In an official statement released on Sunday, NSIB’s Director of Public Affairs and Consumer Protection, Bimbo Oladeji, confirmed the initiation of the investigation.

The objective of this inquiry is to uncover the circumstances surrounding the accident, pinpoint any contributing factors, and propose preventative measures to avert similar tragedies in the future.

The accident occurred when a speedboat, transporting twelve film crew members and a boat operator, tragically collided with a canoe on the Anam River.

In the statement, NSIB Director General, Captain Alex Badeh, said an investigation team has been dispatched to the accident site, and an inquiry has begun.

He said, “The investigation scope includes, but is not limited to, examination of the wreckage from both vessels involved in the collision, interviews with surviving crew members and eyewitnesses, review of operational procedures for the commercial speed boat, analysis of weather and environmental conditions at the time of the accident, and assessment of compliance with relevant safety standards and regulations for inland waterway transportation.”

The NSIB, according to its DG, will collaborate with the Anambra State Police Command’s Marine Police section, maritime authorities, and industry experts to investigate the recent boat accident on the Anam River.

The investigation will produce both preliminary and final reports, aiming to provide recommendations for preventing similar accidents in the future.

The DG said, “The NSIB extends its deepest sympathies to the families and loved ones of those who lost their lives in this heartbreaking accident.”

“We share in your grief and are fully committed to conducting a thorough investigation to determine the cause of this tragedy and prevent similar occurrences in the future,” he said.

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