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New Telegraph constitutes board, appoints new editors…

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The Board of Directors of Daily Telegraph Publishing Company Limited has constituted its board and effected changes in the management of the New Telegraph newspapers. The board in a statement issued on Sunday approved the appointment of Alhaji Idi Farouk, a for-mer Director General, National Orientation Agency (NOA), as the Chairman of the Board of New Telegraph.

Other board members include a Senior Advocate of Nigeria (SAN), Chief Solo Akuma; Rev. Emeka Abone; Mr. Olakunle Gidado, Managing Director, BP West Africa, and Managing Director/Editor-in- Chief of New Telegraph, Mrs. Funke Egbemode. Also, as part of efforts to reposition the newspaper, new appointments have been made to the executive management of the paper.

The Daily Editor, Mr. Yemi Ajayi is now the Managing Editor, Business and Strategy while the Deputy Editor, Daily, Mr. Emeka Obasi becomes the Managing Editor, Publication and Operations. The Sunday Editor, Mr. Emeka Madunagu, has been appointed the Managing Editor (South) while the Saturday Editor, Mr. Lawrence Ani, is the Managing Editor, North and Abuja. Also, the board approved the appointments of new editors for New Telegraph titles. Mr. Ayodele Ojo is the Daily Editor while Mr. Geoffrey Ekenna is the Deputy Editor, Daily/ Group Head of Newsroom. Mrs. Juliet Bumah is the new Sunday Editor while Mr. Waheed Bakare takes charge of the Saturday Telegraph. Mr. Felix Nwaneri is the new Group Political Editor. All the appointments take effect from December 1, 2015. Farouk is a former Director General, National Orientation Agency.

He has wide experience in private and public sectors. He was local government chairman and Commissioner for Information, Kaduna State. In 1999, he was appointed as Chief of Staff to Governor Ahmed Makarfi He had served on the board of governing council of the Federal Polytechnic, Ado-Ekiti and Peugeot Automobile Nigeria Limited.

Rev. Abone, a graduate of Business Administration from the University of Nigeria, is the Vice Chairman, First International Group. The board member is an Associate member of the Institute of Chartered Accountants of Nigeria (ICAN) and Institute of Directors, Nigeria.

He began his working career with Oladeji Olagunji & Co., a Lagosbased firm of Chartered Accountants as Trainee Accountant in 1988. Thereafter, he worked with Seven-Up Bottling Company Plc., Ikeja as Assistant Cost Accountant and Universal Trust Bank of Nigeria Limited (UTB) and Fund Tech Finance and Investment Plc. as Head, Finance and Administration, a post he held until his appointment at SLOK Nigeria Ltd in November 1995 as Financial Controller.

Abone has attended numerous trade fairs in Indonesia, Malaysia and China. Akuma (SAN), a former Attorney General and Commissioner for Justice in Abia State, is the Managing Solicitor, Soloakuma and Associates. He is a 1985 graduate of Law from the University of Nigeria, Nsukka. He has held several positions in the Body of Benchers, Council of Legal Education and Judicial Panels of Inquiry.

Akuma is the author of “Traversing the Path of Justice.” He is a recipient of the Member of the Order of the Niger (MON). Gidado is the Managing Director and Regional Lead for British Petroleum (BP) Global West Africa. He is responsible for overall leadership of BP IST West African presence and the delivery of BP supply and trading West Africa strategy. Gidado joined BP’s Natural Gas trading business in Houston Texas in 2006 before moving to London to serve as Chief of Staff to BP Global Gas Chief Operating Officer. Before he joined BP, he held senior commercial finance and accounting roles in Texaco Oil international and Cinergy Corp.

He also serves on the board of Nigermed, a BP/NNPC Joint venture in Nigeria. Egbemode, a 1988 graduate of English Studies from Obafemi Awolowo University, joined The Sun in 2007 as Editor-at-Large and was appointed Editor, Sunday Sun in March 2008. Before coming to The Sun, Egbemode had worked in various capacities in the newsrooms of The Punch, THISDAY, The Post Express and Independent Newspapers, where she was the pioneer Saturday Editor. Outside the newsroom, she also served in the public sector as Assistant Chief Press Secretary at the Nigerian Tourism Development Corporation (NTDC) and Special Adviser (Media) to former Speaker, House of Representatives, Hon. Patricia Etteh. She is the author of INTIMATE AFFAIRS and CONVERSATIONS WITH MY COUNTRY.

She is the Vice President (West) of the Nigerian Guild of Editors (NGE). Obasi is a 1985 graduate of History from the University of Benin. He was Diplomatic Correspondent/ Sports Editor, Champion between 1988 and 2004. Obasi was a board member of the Nigerian Press Council (NPC) and Media Adviser to a former state governor.

Ayodele, who until his appointment as Daily Editor, was the Deputy Editor, Daily and Head of Politics of the newspaper. The new Daily Editor, a graduate of Mass Communication and a versatile political reporter, began his career in 1998 with The Independent newspaper in Accra, Ghana. Over the years, Ayodele has worked with several newspapers and magazines in Nigeria functioning as Assistant Editor, Group Political Editor/Deputy Editor (Politics) and Editor. In 2013, he joined New Telegraph from National Mirror where he was the Deputy Editor (Politics). In April 2014, he was the Acting Editor of New Telegraph.

Between 2007 and 2015, Ayodele was Head of Politics of the defunct New Star, National Mirror and New Telegraph. Bakare, the new Saturday Editor, joined the defunct The Comet newspaper in 2000 and moved to The Punch in 2001 where he was Head of Punch Metro (2011), News Editor, Sunday Punch (2013), Feature Editor, Sunday Punch. (2013).

JULIET BUMAH

She is a 1997 graduate of English Language, University of Ilorin (1997). In 2014, he obtained a Master of Art in English Language from the University of Lagos. The new Sunday Editor, Bumah, is a journalist, copyeditor, literary critic and creative writer with over 19 years in the industry. She graduated from the University of Lagos with a BA (Hons) English in 1995 and also got her MA Litt from the same institution in 2000.

In 2002, she became the Art Editor of Daily Times and later edited Hints, a popular romance magazine, in 2008. From Hints, Bumah took her trade to The Punch, as Assistant Editor in charge of Feature and Living Desk in 2008. She was Feature Editor, Saturday Punch in 2011 and was moved to the Copy Desk, later to General News Desk (The Punch) and back to Saturday Punch as Feature Editor. She held that position until 2013 when she took up appointment as the Deputy Editor, Sunday Telegraph.

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Lawyers petition Senate over alleged oil theft in Niger Delta

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The lawyers said about $15 million per month accruable to the federal government could potentially be lost due to the absence of a functional measurement system for exported crude oil volumes at this Ugo Ocha terminal.

A group of lawyers has petitioned the Senate Ad-Hoc committee over alleged oil theft from the Ugo Ocha export terminal at OML 42 in the Niger Delta region.

The OML 42, an oil field located in the swamps of the western Niger Delta, is operated by NECONDE Energy Limited. The terminal has four flow stations with a combined production capacity of around 30,000 barrels of oil per day (bpd).

The lawyers complained that an average of one million barrels of Nigeria’s crude oil is taken away monthly by the company without accurate measurement – due to the absence of meters at this export terminal.

In the petition seen by PREMIUM TIMES and presented at the committee’s investigative hearing on “Oil Lifting, Theft and the Impact on Petroleum Production and Oil Revenues” on 21 September, the lawyers said since the terminal was established in 2017, NECONDE has frustrated efforts by the federal government to install a metering system also known as LACT Unit at the terminal. The company, they said, continues to operate the terminal in full violation of the federal government’s requirement for accurate custody transfer measurement at all export terminals.

The petition, dated 21 September, was submitted through O. F. Emmanuel & Co. It comes on the heels of oil theft and vandalism in the Nigerian oil sector.

PREMIUM TIMES reported how the Nigerian National Petroleum Company Limited (NNPCL) disclosed that it loses 470,000 bpd of crude oil amounting to $700 million monthly due to oil theft.

This paper also reported how Nigeria, amid dwindling revenue, lost $10 billion to crude oil theft in seven months.

The lawyers, in the petition signed by the Principal Partner, Oluwatosin F. Emmanuel, alleged that as of the time of the petition, there are no meters at the Ugo Ocha export terminal to accurately determine the volumes of Nigeria’s crude oil sold to foreign buyers.

They said enormous amounts of revenue – to the tune of $15 million per month – accruable to the Federal Government of Nigeria could potentially be lost due to the absence of a functional measurement system for exported crude oil volumes at this terminal.

They also claimed that NECONDE continues to operate the terminal in flagrant violation of the federal government’s mandate for accurate custody transfer measurement at all export terminals.

“Been aware of this monumental revenue loss, the government of Nigeria, through NUPRC, recently placed a ban on all exports of crude oil from NECONDE’s OML 42 UGO Ocha terminal until a functional LACT Unit is installed on the terminal,” part of the petition read. “In spite of the subsisting government ban, NECONDE continues to export Nigeria’s crude oil illegitimately from the Ugo Ocha terminal while frustrating every effort to install a LACT Unit on the terminal.”

They asked the Senate panel to ensure that the ban on exports from the Ugo Ocha terminal is enforced and that the company is compelled to install a 1.25 million barrels per day LACT Unit (metering system).

The lawyers further prayed the committee to direct the Nigerian Navy to “arrest and detain the vessel “MT COPPER SPIRIT” which is currently lifting oil at the Ugo Ocha terminal, direct the NMDPRA and NUPRC to cancel all barging permits granted to NECONDE and NPDC until a LACT Unit is installed and commissioned at the Ugo Ocha terminal – as directed by NUPRC and direct the Nigeria Ports Authority to prohibit the movement of crude oil barges and tankers to and from the Ugo Ocha terminal.”

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Just In: Again, national grid collapses to zero megawatts

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Nigeria’s national grid crashed to zero megawatts (MW) at 10:51am on Monday, causing power outage nationwide outage.

The collapse occurred days after electricity consumers said they had enjoyed improved supply.

The national electricity grid as of 10am on Monday had 3,712MW generated from 21 Generation Companies (GenCos) before it dropped to 0MW one hour after.

According to the information from the System Operations, a section of the Transmission Company of Nigeria (TCN), only Afam IV was on the grid but with zero supply as of 12noon.

As of Sunday, the highest generation was 4,100MW while the lowest was 3,652MW with the frequency hovering between 49.04 Hertz (Hz) and 50.34Hz.

Since July 1 this year, consumers said power supply had increased in their various areas.

For instance, the Abuja Electricity Distribution Company (AEDC) recently confirmed increment in its daily allocation to over 500MW from the actual 300MW it had distributed before then.

Though the national grid had not cross 5,000MW, Daily Trust observed that level of load rejection especially around the DisCos’ networks had dropped significantly with some customers entitled to five-hour supply, recording over 12 hours daily.

The Nigerian Electricity Regulatory Commission (NERC) had attributed the improvement in power supply nationwide to the partial activation of contracts that seeks to hold sector operators liable for deliberate incompetence.

The national grid collapsed twice, in July and in August but was quickly restored and power supply improvement was sustained before the latest system collapse on Monday.

According to records, this is the seventh system collapse this year, much more than the three recorded last year.

Although TCN, the national grid manager was yet to establish the cause of the crash, some insider said it could be as a result of a maintenance of the 330 kilovolts Jos – Bauchi transmission line maintenance slated for Monday.

Some DisCos including Kaduna Electric, Enugu, and Kano, had already communicated the nationwide outage to their customers noting that efforts were ongoing to restore supply.

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Police Deploy More Personnel To Seaports In Lagos Over Nigerian Students, NANS’ Protest

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Following the ASUU strike that has kept university students across the nation at home for over seven months, NANS declared “Occupy The Airport” nationwide protest.

The Nigeria Police Force has announced that it has deployed personnel to adequately secure seaports across the nation following a threat by the National Association of Nigerian Students (NANS) to shut down commercial activities at the nation’s busiest seaports ¬¬¬¬¬¬- the Apapa and Tin-Can Island Ports in protest over the lingering strike by the Academic Staff Union of Universities (ASUU).
Following the ASUU strike that has kept university students across the nation at home for over seven months, NANS declared “Occupy The Airport” nationwide protest.
The aggrieved students who protested on Monday at the Murtala Muhammed International Airport also reportedly threatened to ground commercial activities at the Apapa and Tin-Can Island Ports in Lagos State.
Disclosing the security beef up to Daily Trust, the Commissioner of Police in charge of Western Port Authority Command, Jonathan Towuru, said security was tightened around the Western Ports to avoid any breakdown of law and order although the student body did not show up as threatened.
The commissioner said, “People went about their businesses while operations at the terminals went on seamlessly, without any hindrance. But if the students eventually turn up, we will engage them in discussions. I must say that they conducted themselves well on Monday at the airport even though you still saw police monitoring the protest.”

 

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