Tag: NCP

  • Body faults NCP, BPE on power sector privatisation

    The Senior Staff Association of Electricity Workers and Allied Companies (SSAEAC) has faulted the privatisation of the power sector by the National Council on Privatisation (NCP) and the Bureau of Public Enterprises (BPE) ,picking holes in their claims of carrying out due diligence on the new power investors’ financial and technical capabilities.

    Speaking to The Nation, the General Secretary of Association, Abiodun Ogunsegha said the claims were false and misleading, in view of the financial and technical problems being experienced in the sector and the poor electricity supply across the country.

    He said: “Had it been that NPC and BPE conducted a thorough financial and technical due diligence on the investors, they would know that many investors are not financially prepared for the electricity business. Many are struggling to pay back the banks that gave them loans to purchase the assets of Power Holding Company of Nigeria (PHCN).  Some of the distribution firms cannot provide money to carry repairs of facility because they could not generate enough revenue.

    “Many investors are technically deficient. They do not have deep knowledge of operations of the sector. They were not properly advised on the issue of technical partners needed for growth. They thought they would recoup their money within three months. However, events and circumstances have proved them wrong.”

    Ogunsegha said the sector is suffering because the investors are not ready to commit additional funds.   He said it is illogical for investors to use money realised from other business to finance the loans, adding that the sector would continue to suffer.

    According to him, the pre and post-privatisation mistakes committed by the BPE and NCP have culminated in the problems facing the sector.   He said consumers are protesting because they could not get regular power, adding that protests would not stop until there is improvement in electricity supply.

    However, the BPE’s spokesman, Joe Anichebe said the allegations that proper due diligence was not carried out on the bidders were not true. Anichebe said the bodies consulted on wide range of issues before taking decisions, noting that they spent months in examining the bidders’ proposals.

  • NCP absolves ALSCON owners of asset stripping

    The National Council on Privatisation’s (NCP’s) fact-finding committee on the Aluminum Smelting Company of Nigeria (ALSCON) has said that the allegation of asset stripping against UC Rusal – owners of the company, is not true, as ALSCON’s machines and structures are intact.

    The Head, Public Communications, Bureau of Public Enterprises (BPE), Chigbo Anichebe, in a statement made available to The Nation, said the Chairman of the NCP Committee,  Emmanuel Amadi,  while speaking  after an assessment tour of the multi-million naira plant in Ikot-Abasi, Akwa Ibom State, noted that what was construed as asset stripping, was the disposal of scraps, non-liquid assets, faulty and inactive equipment and their parts by UC Rusal.

    He named these as: spent anode butts, anode stems and yokes, aluminum metal pads, cathode and anode busbar, coke and pitch for anode production and cathode bars.

    Amadi, who led two other members of the NCP; Mohammed Abubakar and Benson Upah on the visit, expressed displeasure over the closure of the plant and urged the management to quickly develop and submit to the government, a business plan with timelines to keep the plant functional, the statement said.

    He called for industrial harmony between the management of ALSCON as its absence could jeopardise the smooth operation of the company.

    Amadi, while appealing to the management of the company to reconsider recalling some of the sacked union officials, said the Committee would immediately present the report of its findings to NCP to enable it decide on its next action.

    The Managing Director, UC Rusal, Dmitriy Zaviyalov, informed the committee members that the falling prices of aluminum metals in the global market and lack of gas supply to the company were hampering operations of the plant.

    He said from 2007-2012, Rusal had invested N24.54 billion into the plant, but due to teething problems, it suspended production in March 2013. He added that since takeover, it utilized only 11 percent of its production capacity and that during the period, it experienced six disruptions of gas supply.

    Zaviyalov said that management decided to sell the plant’s scraps and non-liquid assets to get additional income for survival, especially payment of staff salaries and supplying five megawatts of power to the company’s host community.

  • NCP urges global focus on election

    NCP urges global focus on election

    OSun State National Conscience Party’s (NCP) governorship candidate Comrade Olanrewaju Afolayanka has called on the international community to take “special interest” in monitoring the governorship poll.

    Afolayanka, who spoke yesterday with selected pressure groups alleged that “some forces are working round the clock to ensure that the people’s will does not triumph at the conclusion of the election.”

    According to him, “the strict observation of the international community became imperative to checkmate the undue influence of the Presidency in imposing its candidate on the people.”

    The NCP candidate said information at his party’s disposal showed that “the Presidency was ready to spend N28 billion to capture Osun State for the Peoples Democratic Party (PDP) through its governorship candidate, Senator Iyiola Omisore, as it did for the Ekiti State governor-elect, Mr. Ayodele Fayose.”

  • BPE, NCP  caution against halting power privatisation

    BPE, NCP caution against halting power privatisation

    The Bureau for Public Enterprises (BPE) and the  the National Council on Privatisation (NCP) have asked a Federal High Court in Abuja not to halt its privatisation process in relation to three power plants.

    Their request is a response to an application by a firm, Ethiope Energy Limited asking an order of interlocutory injunction to stop them from concluding the process of selling  Alaoji, Omoku and Gbarain power stations.

    Ethiope, which is challenging the process of the sale of the plants, had sought to restrain BPE and NCP from taking any steps to implement the bidding exercise in respect of the privatisation of the three National Integrated Power Plants (NIPPs).

    The Niger Delta Power Holding Company Limited which was also joined as a party equally opposed Ethiope’s application to halt process.

    Yesterday, Ethiope’s lawyer, Alex Izinyon (SAN) urged the court to issue an interlocutory injunction, on the ground that his client has met the conditions for the bids and that it was wrong to exclude it from the next round of bidding.

    Lawyer to BPE and  NCP, Prof. Taiwo Osipitan (SAN) opposed the application and argued that Ethiope lacked the necessary legal right to compel the court to exercise its discretion in its favour.

    He said an application for interlocutory injunction should establish the applicant’s legal right.

    Osipitan argued that Ethiope wrongly based its claim on commercial bids whereas what was in issue was financial bids.

    He argued that the document which the company relied on in filing the case made reference only to financial bids. He added that, having come under the wrong heading, the application for injunction should fail.

    Lawyer to the the Niger Delta Power Holding Company Limited, Fabian Ajogu (SAN) urged the court to refuse the request that it grants injunction to stop an action where damages would be an adequate compensation.

    He said monetary compensation would be enough to take care of the plaintiff’s loss if at the end it lost anything.

    Trial judge, Justice Abdu Kafarati adjourned the case to October 7 for ruling.

  • Afolayanka is Osun NCP candidate

    Afolayanka is Osun NCP candidate

    The National Conscience Party (NCP) in Osun State has picked Comrade Olanrewaju Afolayanka as its candidate in the August 9 governorship election.

    Afolayanka was nominated at the party’s congress held at the State Secretariat of the Nigeria Union of Journalists (NUJ) in Osogbo.

    He said he would not disappoint NCP and Osun people, if elected.

    Afolayanka said: “I assure you that if voted into power, our government will not deviate from our visions. We shall remain consciously dogged in the pursuit of our visions. NCP, as a progressive, responsible and responsive party, has outlined a clear and pragmatic approach to solving the problems bedeviling the country and its parts.”

    NCP Southwest Vice-Chairman Alhaji Waheed Lawal gave the party’s flag to Afolayanka, saying: “The party will not disappoint the people, if given their mandate.”

  • BPE, labour to begin  dialogue on sale of refineries

    BPE, labour to begin dialogue on sale of refineries

    The Director-General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki, said yesterday that the establishment would enter into a dialogue with the leaders of the oil workers, for the beginning of the privatisation of the four refineries.

    He said the leaders of the Petroleum and Natural Gas Workers Senior Staff Association (PENGASSAN) and the National Union of Petroleum and Natural Gas Workers (NUPENG) are not opposed to the sale of the refineries, but expressed their willingness to enter into a dialogue with the government to develop business models for the refineries.

    “This will be followed up and should lead to the commencement of the privatisation this year,” Dikki said.

    He noted that the National Council on Privatisation (NCP) has approved the appointment of a liquidator for the guided liquidation of Nitel and Mtel.

    Dikki, who spoke to reporters in Abuja, said: “In the same year under review, NCP equally approved the appointment of a liquidator for the guided liquidation of NITEL/MTEL, pending a court confirmation. This process is continuing this year and is also reflected in the work plan.”

    The Director-General disclosed plans to commercialise the operations of public media organisations, such as the Nigeria Television Authority (NTA), Federal Radio Corporation of Nigeria (FRCN) and News Agency of Nigeria (NAN).

    He said BPE reported to the council that the court process for the appointment of a liquidator for Nitel/M-tel was concluded last Friday when a Federal High Court sitting in Abuja granted a petition for the winding-up of NITEL/M-TEL through a ‘guided liquidation’ process and the appointment of Otunba Olutola O. Senbore as the liquidator.

    Dikki said: “The transactions approved for the department include, to execute the guided liquidation of Nitel/Mtel and to review the policy, legal and regulatory framework, which will prepare ground for the commercialisation of the media enterprises: NTA, FRCN, National Film Corporation and NAN.”

    He went on: “We reported to council that a concept paper for the reform of the media enterprises has been sent to the Minister of Information and his inputs are being awaited.

    “The objective is to review the policy, legal and regulatory framework, which will enable the enterprises to operate as commercial outfits, while still being owned by the government.”

    The BPE boss said there is a target of N535.3 billion from definite transactions and N211.3billion proceeds from prospective transaction this year.

    “In the 2014 work plan, the Bureau has proposed to handle 23 definite transactions and 29 prospective transactions. Consequently, we envisage gross proceeds of N535.3 billion from the definite transactions. We hope to realise about N211.3 billion from prospective transactions when they are executed,” he added.

    The BPE, according to him, would review and follow up eight reform bills before the Federal Executive Council for approval.

    Dikki said the eight bills are: Railway Bill; Inland Waterways Bill; Federal Roads Authority Bill; National Roads Fund Bill; National Transport Commission Bill; Ports & Harbour Reform Bill; Federal Competition and Consumer Protection Bill; and Postal Reform Bill.

    He said the passage of the bills would lead to the abrogation of monopoly sector laws, liberalisation of the sector and setting up of regulatory agencies.

    The Director-General added: “In pursuit of the President Goodluck Jonathan Transformation Agenda, these Bills seek to create an enabling environment for private sector investments in these sectors of the economy.

    “The expected outcomes are inflows of private sector investments, job creation and economic growth. Once the Bills are enacted by the National Assembly, the regulatory agencies would then be set up.”

  • NCP fixes April 14 for Ekiti primary

    The primary of the National Conscience Party (NCP) for the June 21 governorship election in Ekiti State will hold on April 14.

    In an interview yesterday with the News Agency of Nigeria (NAN) in Abuja, NCP’s National Chairman Dr. Yunusa Tanko said: “Machinery is in place to hold the party’s primary on April 14. So far, we have two aspirants contesting the election and we have fixed dates for congresses. Our nomination form is free because that is the policy of the party. What the party does is to check if an aspirant is of impeccable character and has not engaged in fraudulent activities. As long as an individual is free of any negative issue, the NCP is ready to give him or her a nomination form to contest the primary.”

    He said by giving out forms freely, the party’s candidate would not mismanage public funds, if he is elected.

    On competing with the Peoples Democratic Party (PDP) and All Progressives Congress (APC), Tanko said: “We are not intimidated by their presence. We had a similar situation in Ekiti in 2003. We did not bother about other parties and that was when the NCP won its first election.”

    He said the party has a chance to win the poll, if it mobilises well.

    Tanko, who is also the National Chairman of the Inter-Party Advisory Council (IPAC), decried money politics, saying it was detrimental to the political system.

    He urged the electorate not to vote for candidates because of money, but to vote for candidates with integrity.

    Tanko also urged leaders of the party to remain united.

  • NCP to open bids for 10 power plants Friday

    NCP to open bids for 10 power plants Friday

    The National Council on Privatisation (NCP) and the governing board of the Niger Delta Power Holding Company (NDPHC) have approved the opening of the financial bids of the 42 pre-qualified bidders for the 80 per cent equity in the 10 National Integrated Power Projects (NIPPs).

    The joint meeting in Abuja that was chaired by Vice President Mohammed Namadi Sambo that gave the nod, also directed that bids be opened on Friday this week, in keeping with the published timeline for the transaction.

    According to a statement by the Bureau of Public Enterprises (BPE), the 42 bidders emerged out of the 66 bidding consortia, adding that they have been prequalified because they met the criteria set in the requests for proposal (RFP) and passed the due diligence verification conducted on technically qualified bidders.

    Vice President Sambo commended the Joint Technical Transaction Committee (JTTC) chaired by Governor of Benue State, Mr. Gabriel Suswan, noting that the transaction, “was a highly transparent process and government had assured investors participating in the NIPP transaction that the same level of transparency will be replicated.” The JTTC is made up of the Technical Committee of NCP and Technical Committee of NDPHC.

    The NIPP privatisation is a joint transaction between the NCP and the Governing Board of NDPHC. The 10 plants are jointly owned by the three tiers of government; local, state and Federal Governments with the Federal Government contributing 47 per cent equity stake and the local and state governments with the remaining 53 per cent equity.

    The Vice President further said the privatisation of the 10 NIPPs marks the first time the private sector, National Assembly, federal, state and local governments are joining forces to ensure an all inclusive transaction process, following a highly successful investors’ fora spanning five countries

    He said all the three tiers of government and the private sector in Nigeria were collaborating in the privatisation process of the power plants which is being jointly offered for sale by the BPE and NDPHC to ensure that the same level of transparency acclaimed the world over in the PHCN transaction was replicated in the NIPP transaction process.

    According to him, if Nigeria was going to be among the 20 largest economies in the world by the year 2020, the right steps must be taken, adding that the administration of President Goodluck Jonathan is committed to ensuring that the right steps are taken in implementing the Transformation Agenda.

  • 311 investors to support power sector

    311 investors to support power sector

    About 311 investors have shown interest in investing in Nigeria’s power sector, the Permanent Secretary, Ministry of Power, Godknows Igali has said.

    He made this known to State House correspondents after a meeting in the office of Vice President Namadi Sambo.

    According to him, the investors are to partner with the Federal Government at the global conference on financing the power sector billed for next week.

    The conference, which is being put together by the National Council on Privatisation (NCP), he said, has the backing of the World Bank, African Development Bank (AfDB), Islamic Development Bank, Export-Import Banks.

    He said: “Financing is a major aspect needed to open the gate of development in this country. Various factors are needed to be addressed, for example the power and transport sectors, and financing is needed.

    “We cannot say now how much money we will be able to raise but so far, over 311 investors have indicated interest to partner with us and they have registered for the conference, but we still have up to the end of this week for them to register before the meeting takes place next Monday.

    “We will sign memorandum of understanding (MoU) on that occasion. We think that when these happens, they will be able to create more assets, bring in new infrastructure and before long, Nigerians will see the change.”

    He the ministryhas gone far with the process of planning, adding that there is need to inject fresh funds into the sector.

    The funds, he said, can be used by the new power investors to maintain the integrity of the system and also add more value by way of upgrading and modernising some of the assets.

    He said the international investors are also expected to work with the private sector in order to bring in private funds towards.

    On the epileptic power supply being experienced in some parts of the country, the Managing Director of the Niger Delta Power Holding Company, James Olotu, said power supply has improved in some parts of the country.

    He however said there are some parts of the country where the challenge of supplying power was caused by gas pipeline vanalism.

    He said: “As a result, our gas supply has been a little bit restricted. We are looking at this problems but Nigerians should just bear with us while we put the problem on the table and find a permanent solutions to them.

    “Let me also add that the private owners took over these facilities November 1st, it is true that having lived in the darkness for a long time, people are in a hurry to see that there is immediate improvement. But let us give the owners an opportunity. That is also why we are trying to create opportunities for them to borrow money at affordable rates.”

  • Implement court order on council polls, by CNPP

    Implement court order on council polls, by CNPP

    On November 6, 2013, Justice Michael Edem of the Calabar High Court voided the election of three local government chairmen in the September 21 council polls in Cross River State. The ruling was on a suit filed against the State Independent Electoral Commission over adjustment in the time table for the election. In this interview with NICHOLAS KALU, chairman of the Conference of Nigerian Political Parties (CNPP) Mr. Cletus Obun insists that the ruling must be implemented.

    That are your views about the September 21 local government elections in Cross River State?

    It is important for people to know what is happening and the efforts being made to frustrate the opposition parties from participating in local government elections. Members of the Conference of Nigerian Political Parties (CNPP); including the National Conscience Party and Progressive Peoples Alliance which, having fulfilled all conditions precedent to conducting the elections in 2011, had gone to court for two separate things.

    First, the National Conscience Party (NCP) and the Progressive Peoples Alliance (PPA) insist that, by the time table of CROSIEC, they are the only parties qualified to contest elections in three local government areas where they fielded their candidates and met all conditions.

    In the judgment of November 6, the judge granted all reliefs. This indicates that only the NCP and PPA qualified to run for elections in those three local government areas which included Obanliku, Yakurr and Obudu. It is on this basis that we demand that the judgment by Justice Michael Edem on November 6 be implemented.

    Any contrived delay in its implementation is anti-democratic. We demand that this anomaly should be corrected and urgently too because, justice delayed is justice denied.

    We expect that on December 14 2013, the tenures of the current administrations in the local government system will expire. So, the non-conduct of elections in these three local government areas in accordance with the existing court order which has not been challenged is going to deprive the NCP and the PPA from producing their candidates for the election and taking off along with others on December 14. Let us not create an unnecessary crisis because if the status quo ante remains, it would translate to either setting up a caretaker committee or handing the councils over to civil servants in those local government areas.

    If any of the two happens, it will be unconstitutional because Section 7 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), is very clear on that matter. It stipulates that a democratic local government system should be established in Nigeria and that there is no room for caretaker committees.

    Trying to create a situation that would bring that logjam would be resisted. So, CROSIEC should act like an independent body that the Constitution envisages it to be under section 7 and conduct elections in those three local government areas.

    The judgment of Justice Michael Edem is being delayed. Incidentally, on November 20, the matter instituted by the NCP and the PPA seeking clarification on the interpretation of the judgment in order to give an outright order for conduct of the election has already been cleared that we enjoy the benefit of that judgment.

    The matter was heard on November 20 and adjourned to December 2.

    We do not think that this kind of long adjournment on a serious matter like this ought to be. The Chief Judge of this state is creating judicial history.

    For the first time, the Cross River State judiciary is coming up to bring some revolutionary judgments and it should not be tainted by the continuous delay. The Chief Judge must live up to expectations and must live up to the tenets of the oaths of office that he took, which is to give justice to all manner of people irrespective of their status, political leanings and colourations, race or gender.

    It is their duty to do so. They remain the bastion and hope for the common man. It is expected that the weak be made strong, by the law, even as the strong must be made to obey the law irrespective of who is involved.

    This matter must be expeditiously pursued until justice is seen to have been done. This will be when we have elections in these three local government areas in which judgment was given. Justice should be done by having elections conducted in these three local government areas before the swearing-in of the chairmen who would be occupying their offices illegally.

    Our jurisprudence should go beyond the mundane tricks and tactics of delaying justice to make people wrongfully benefit from office they ought not to occupy. A situation where a chairman sits in office and begins to use state resources to deny justice to others should not be allowed by the judiciary.

    The judiciary must set the pace and the Cross River State judiciary has shown a glimmer of hope. The NCP and the PPA are passing the rough road of non-implementation of court judgment.

    What would be your next step if this judgment is not implemented and chairmen of these local government areas are sworn in?

    That would be a step towards anarchy and violence. Now violence is not just the act of picking up guns and matcheting people. Violence is the act of denying rights to individuals in such a way that their lives are affected.

    Swearing in a chairman who was not elected and who ought not to be in office is the worst form of violence you can inflict on the people. Therefore, people reacting by carrying stones and machetes and going to engage in guerrilla warfare is only a mild reaction to the bigger injustice of imposition.

    It is in the state’s interest not to create a situation where it becomes ungovernable. This is because nobody has the monopoly of violence as the saying goes. The insurgency in the north and in the creeks of the Niger Delta, the kidnappings and all that are fallouts of denying people their rights; especially the right to choose their leaders. Once you have a false leadership, you are going to have a sham followership and false society. This ultimately leads to faulty base for development.

    So, let government bear in mind that it will be impossible to guarantee peace when people are denied their rights or imposing leaders they did not elect on them. In the circumstances, their destiny is trusted in the hands of lawbreakers who we know are just puppets of some cabal that is bent on bringing under-development to our people.

    There is an argument that the court did not make any pronouncement about not swearing in the chairman…

    The order is very explicit. It stated that all actions CROSIEC has taken by giving forms to and recognising the lists of these people are illegal, null and void. I don’t know the kind of grammar they want to hear again. This is quite explicit even for a secondary school boy to understand. So, which order are they looking for?

    What do you think this judgment implies for the 15 remaining local government areas since the basis for the court’s nullification applies to all of them?

    The CNPP, in conjunction with the affected parties, are already on the drawing board about the implications which we are not ready to disclose for now. It is only left for the courts to interpret. This is so because we are going to approach the courts to seek what implications there are if you have three local governments that didn’t qualify. We would want to know if it does not follow that others that filed out for the election ought not to have done so in the first place, based on the judgment by a competent court.