The Federal Government has removed Engineer A.T. Atiku as the managing director of Transmission Company of Nigeria, TCN and approved the secondment of Alhaji Usman Gur Mohammed of the African Development Bank (AfDB) as Atiku’s successor..
A statement by Mr Louis Edozien, Permanent Secretary of the Federal Ministry of Power, Works and Housing, said Muhammed’s appointment was part of efforts by government to reposition the company for better service delivery to Nigerians.
Edozien said Mohammed has resumed duty with a 12-month non-extendable deadline to complete his transformational mandate and set Transmission Service Providers and Independent System Operators on a path of greater operational efficiency and effectiveness.
The permanent secretary also said that his approval was designed to ensure responsiveness to the needs of the generation companies and distribution companies, who are TCN’s customers.
Mohammed was until his secondment, the Principal Power Utility Transformation Specialist in the AfDB’s Nigerian Office.
“Mohammed joined the service of the AfDB in 2009. He has served in various senior level management roles in charge of financial control, power utility policy and transformation.
“Before joining AfDB, Mr. Mohammed worked for the then National Electric Power Authority (NEPA),” it said.
Mohammed also served as the Secretary of revenue cycle management project, which was NEPA’s first public private partnership initiative.
According to Edozien, Mohammed also served as head of financial management for TCN’s Project Management Unit (PMU).
Mohammed is a Chartered Accountant and a member of the various professional bodies related to his profession.
“Mohammed holds a BSc Degree in Accountancy, Ahmadu Bello University Zaria, and a Master of Business Administration (Management), Bayero University Kano“ it said.
His appointment has stirred some protest within the TCN, with unions questioning why an accountant should replace an engineer in an organisation that is engineering-driven.
But sources said government has made the management change in consonance with the terms of an AfDB loan.
Engr. Abubakar Atiku and his team during an earlier briefing confirmed that TCN got $300million loan from the World Bank and will get another $365m loan for its projects soon.
Other foreign funds Atiku said TCN is getting and would get are Eurobond $131m, ADB $150m, AFD $170m, and JICA $200m making a total of $1.316bn investments to be handled.
TCN was initially managed by Manitoba Hydro International (MHI). After the expatriates left, Atiku was appointed.
In the past six month, TCN under Atiku has improved power evacuation to 6,500 megawatts (mw) from the previous 5,500mw.
Transmission Loss Factor (TLF) has dropped from 8.05 per cent to 7.82 per cent by January 2017.
Atiku said that will boost TCN’s revenue by N5billion as it translates to more electricity for the 11 Distribution Companies (DisCos).
Court Revokes Faisal Maina’s Bail For Failure To Attend Trial
The Federal High Court sitting in Abuja on Tuesday ordered the arrested of Faisal Maina, the son of Abdulrasheed Maina, for jumping bail in his trial on money laundering charges.
Justice Okon Abang who revoked Faisal’s bail ordered that his trial would continue in absentia pending when the security agencies would be able to arrest and produce him in court.
The judge also asked his surety, a member of the House of Representatives, Sani Umar Dangaladima, representing the Kaura-Namoda Federal Constituency of Zamfara State, to appear before the court to show cause why he should not forfeit the N60m bail bond which he signed for Faisal.
At Failsal’s money-laundering trial resumption on Tuesday, the Economic and Financial Crimes Commission’s prosecution counsel, Mohammed Abubakar, told the court that Maina’s son and Hon. Dangaladima both failed to appear in court since June 24, 2020.
Abubakar, therefore, applied the revocation of his bail and his arrest citing section 184 of the Administration of Criminal Justice Act.
The prosecution also applied for the court to order his trial in absentia as provided by 352(4) of ACJA.
Insecurity: I Don’t See Things Returning To Normal In Northern Nigeria – Omokri
Former presidential aide, Reno Omokri has expressed that he is pessimistic about life returning to normal in Northern Nigeria after the Coronavirus pandemic with the increasing insecurity in the nation.
In the past few days, there have been various reports of kidnapping, killing, and attacks by bandits on citizens in the Northern region of the country.
Reacting to the situation, Omokri pointed out that due to the insecurity in the region, he foresees marriages, burials, ceremonies, and even trade being conducted virtually.
“Even after #COVID19, I don’t see things returning to normal in Northern Nigeria. Insecurity is overwhelming. I foresee marriages, burials, ceremonies, and even trade being conducted over zoom. Nobody in Northern Nigeria can safely travel. Absolutely NOBODY.”
Even after #COVID19, I dont see things returning to normal in Northern Nigeria. Insecurity is overwhelming. I foresee marriages, burials, ceremonies, and even trade being conducted over zoom. Nobody in Northern Nigeria can safely travel. Absolutely NOBODY#LekkiMassacre #EndSARS
— Reno Omokri (@renoomokri) November 24, 2020
Former Lawmaker, Shehu Sani Defends Gowon Over Allegations Of Looting CBN
Former lawmaker, Senator Shehu Sani has come out to defend former Head of State, General Yakubu Gowon (Rtd) who was recently accused of looting half of the Central Bank of Nigeria (CBN) during his reign.
Sani in a statement via his Twitter account on Tuesday where he defended the former leader, pointed out that Gowon left office without any evidence of wealth.
He added that the claim against Gowon by a member of the UK Parliament is totally false.
“General Yakubu Gowon; The claim of ‘looting the CBN’ made by the British Minister for Africa as represented by Mr James Duddridge against Gen Gowon is nothing but outright falsehood. Gowon exited power without any evidence of wealth & that remains, for over four decades after power.”
General Yakubu Gowon;The claim of ‘looting the CBN’ made by the British Minister for Africa as represented by Mr James Duddridge against Gen Gowon is nothing but outright falsehood.Gowon exited power without any evidence of wealth & that remains,for over four decades after power.
— Senator Shehu Sani (@ShehuSani) November 24, 2020
- Entertainment23 hours ago
Davido Celebrates Late Mom On Her Posthumous Birthday
- Entertainment23 hours ago
“Your Obsession With 2Face Will Be Your Death” – 2Face’s Brother Slams Blackface
- Entertainment24 hours ago
Blackface Drags Wizkid, Burna Boy For Stealing His Song
- National News22 hours ago
2020 Finance Bill Exempts Minimum Wage Earners From Tax: Buhari
- Entertainment7 hours ago
‘You Are A Disgrace’ – Actress Adesua Etomi Knocks Lauretta Onochie Over Her Tweet
- News Feed21 hours ago
“Marriage requirement is very high in Igboland” – Lady says her brother spent less than N50K on traditional marriage items to marry his wife from Benue
- National News23 hours ago
Court Remands Nigerian Senator, Ali Ndume, In Prison
- News Feed21 hours ago
Man narrates horrible experience with a slay queen in Abuja restaurant