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The National Council on Privatisation, NCP, yesterday set up Transition Committees for the 15 Power Holding Company of Nigeria, PHCN successor companies whose preferred bidders recently paid the mandatory 25 percent of their bid values.

The move is in a bid to, amongst others, facilitate the smooth transition and eventual handover of the management and operational control of the successor companies to their new owners.

The Chairman, Technical Committee of the NCP, Mr. Atedo Peterside, was quoted as saying in a statement that the inauguration of the committees is in compliance with the Share Sale Purchase Agreement, SSPA approved by the Council.

The statement, issued by the Bureau of Public Enterprises, BPE, also quoted the Acting Director- General, Mr. Benjamin Ezra Dikki, as saying that each successor company had a three-member committee.

The members include representatives of the BPE, the management of the successor company and the preferred bidder. The BPE nominee is the chairman of each committee.

According to Dikki, “Both BPE and the new owners have a mutual interest in ensuring that the companies operate in such a way as to maintain the value of the company during the transition period.”

He added that the transition period could last for a month or a maximum of six months depending on full payment by the new owners.

Also, he noted that the transitional arrangements will create a platform to ensure that both the companies and purchasers are ready for the handover process.

He emphasised that the managements and boards of the successor companies will continue to exercise their functions during the transition period without interference from the transitional committees.

The terms of reference for the transition committees also include to:

· Allow purchasers access to the companies in order to prepare for the implementation of their business plans laid out in the proposals submitted to the Bureau of Public Enterprises;

· Provide a forum for purchasers to engage with existing management and employees to ensure a smooth transition and handover; and

· Allow BPE and the purchasers to monitor the on-going operations of the company to ensure they are operating in an efficient manner and in compliance with the terms of the Share Sale Agreements.

It would be recalled that Share Sale Agreements were executed between the preferred bidders and BPE on February 21, 2013.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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Sultan of Sokoto and President-General, Nigeria Supreme Council for Islamic Affairs (NSCIA), Alhaji Muhammad Sa’ad Abubakar III, has assured governments at all levels of his readiness to assist them in proffering solution to the complex problem facing the country.

The Amirul Mu’muni of Nigeria, a retired General of the Nigerian Army, stated this during the closing ceremony of the just concluded 27th National Qur’anic Recitation Competition, held in Gusau, Zamfara State capital, where he urged Muslims to do good to all categories of people regardless of their religious leanings.

He slammed adherents of the major religions in the country for their culpability in the protracted problem that has hindered the progress of the nation because of their failure to stick to the tenets of their respective faiths.

His words: “We urge ourselves to always do good to all manners of people as we also assure government at all levels that we are always ready at all times to assist in bringing solution to problem affecting our country.

“For us to have a decent society, we must first of all have justice. We thank the Almighty Allah for giving us the Holy Book which is sign to all of us as Muslims and even non-Muslims. I want to assure you that there is no problem of this world that the Holy Qur’an does not have a solution to.

“Our problem in this country and beyond, like I said a few days ago, is that we deviated from the teachings of our religion. We must go back to the tenets of Islam as Muslims for us to have a head way,” he said.

At the occasion, the Federal Government reiterated its commitment to law, order and freedom of worship in the country saying it was non-negotiable. Vice President, Arc. Namadi Sambo, who was special guest of honour at the programme, made this known as he noted that the essence of the programme was to learn the proper recitation of the Qur’an so that the youths would learn the book and all its sciences just as it was revealed to Prophet Muhammad, SAW.

The nation’s number two citizen said the Dr. Goodluck Jonathan’s administration was making frantic efforts to ensure achievable quality basic education delivery across the country especially in the area of almajiri system where the need to ensure effective western and Islamic education delivery was vital.

“Our administration is making frantic efforts to ensure law and order and to ensure freedom of worship. Furthermore, the national education policy of the framework is to organize the number of children of school age roaming our streets without basic education.

This has been reinstated by this administration to ensure effective western and Islamic education. We are pursuing this with vigour with the aim of attaining optimum result in no distant future,” he said.

In his lecture, the guest speaker and President, Islamic Education Trust (IET), Dr. Ahmed Lemu, impressed that Islam teaches everything about life; politics, economics, war, peace, leadership, followership and all others with no contradictory principle.

His words: “One of the principles of the Qur’anic recitation is that, when you read a verse, you ask yourself what are the meanings, what are the implications and how do I apply it in my daily life. And one of the individual and collective responsibilities of a Muslim is to hear the world of Allah and obey.

If a Muslim says he believes but he does not add the act of righteousness, his belief will be useless on the day of judgment,” he explained, warning that, every person in life is a shepherd and that each person will be answerable to God on the last day as to how he or she handles his duty as shepherd.

This year’s edition of the Qur’anic competition and prize giving ceremony was chaired by the former Governor of Zamfara State, Senator Ahmed Sanni Yariman Bakura and had in attendance dignitaries from all over the country including the former President Alhaji Shehu Usman Shagari; Governors Murtala Nyako (Adamawa), Aliyu Wammakko (Sokoto), Sule Lamido (Jigawa); former Governors Attahiru Bafarawa (Sokoto), Adamu Aliero (Kebbi) and Vice Chancellor of the Uthman Dan Fodio University, Sokoto, Prof. Adamu Shehu and a host of others.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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Bauchi-The Inspector General of Police’s Anti Robbery Squad attached to a prominent armed robbers hunter, Alhaji Ali Kwara, in collaboration with the Bauchi State Police command has recovered two AK 47 riffles and 320 live ammunitions in Bauchi State.

Briefing newsmen over the success recorded by the team in Bauchi Alhaji Ali Kwara said the  team pursued the armed robbers who came from Owerri  in Imo state on information they  gathered about the armed robbers who were coming from Abuja.

According to him,“ we pursued them from Abuja to Bauchi and intercepted them between Azare to Potiskum in Yobe State.

They abandoned their vehicles and fled  inside the bush. We recovered two AK 47 riffles and over 320 rounds of ammunitions and their Hilux vehicle with  registration numbers 22g403049570 and registration 526144734 respectively. We have handed over the vehicle and the recovered arms to the Bauchi State Police Commissioner.

Police Public Relations Officer ASP Hassan Mohammed Auyo confirmed the  saying that the Police Commissioner has commenced investigation into the matter.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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It was drama yesterday, as a self-confessed fraudster, Mr. Aminu Yarima, narrated before an Abuja Chief Magistrate Court at Wuse Zone 2, how the devil, sometime in December last year, deceived him into impersonating the National Security Adviser, NSA, Mr. Sambo Dasuki.

Aminu, who pleaded guilty to a one-count criminal charge preferred against him by the Nigeria Police Force yesterday, told the court that it was the same  devil that commanded him to dupe four sitting ministers under President Goodluck Jonathan’s administration.

Consequently, he bought a GSM line, 08034467417, which he used and called the personal phone numbers of the Minister of Finance and Coordinating Minister of the Nigerian Economy, Dr. Ngozi Okonjo-Iweala; Petroleum Minister, Diezani Alison-Madueke, Information Minister, Labaran Maku and the Minister of Education, Ruqayyatu Rufai.

Nevertheless, the operation went awry for the accused person who holds a bachelor’s degree in accounting, shortly after he called the four chosen Ministers and identified himself as the NSA, demanding to have a private audience with each of them with a view to discussing certain issues of great national importance.

Sensing danger, one of the ministers was said to have notified the Police which promptly traced the call and apprehended the accused person.

Meanwhile, the prosecuting counsel who is a Deputy Superintendent of Police, DSP, Stanley Nwodo, told the court that the offence was contrary to the provisions of sections 312, 324 and 325 of the Penal Code.

However, both the accused person and his counsel, Mr. Edwin Atta, urged the court to temper justice with mercy, insisting that it was the devil that masterminded the offence.

Specifically, the accused person told the court that not only was he a first time offender, he said he had two wives and two kids that depended on him for survival, adding that his mother died of shock while he was in detention.

The defence counsel equally urged the trial court to take into account the fact that the accused person voluntarily pleaded guilty to the offence, saying he had since repented of his actions and shown deep remorse.

Commending the accused for not wasting the judicial time of the court, the prosecutor said he was ready to proceed on trial yesterday assuming the accused had not admitted his guilt.

After listening to all the parties, trial Magistrate Grace Adebayo adjourned the matter till today to convict and sentence the accused person.

The offence upon which he was charged attracts a maximum punishment of seven years imprisonment.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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An early morning encounter between the Joint Military Taskforce in Kano, yesterday, left no fewer than six suspected militants dead in two separate operations at Yankaba and Ungwar-Dabai, all within the municipal local council of the state.

Security sources close to JTF confided in Vanguard that troops stormed the two hideouts at about 4 a.m to effect the arrest of suspected militants believed to be hiding inside ‘a marked building’ when they came under fire and responded with superior firepower.

The incident came barely 48 hours after unknown gunmen shot to death three police officers at Yankaba area of Nasarawa Local Government Area of the state in a local restaurant by 8.30p.m, Monday night.

The security sources further explained that the raid at Yankaba at the wee hours of yesterday led to the death of three suspected militants, while a man believed to be the mastermind of premeditated attack on security operatives in that area was captured.

Unconfirmed reports said the suspected mastermind in a bid to evade arrest fired and critically injured a police officer during the raid before he was overpowered by operatives of the Joint Military Taskforce.

However, it could not be ascertained at press time whether the injured officer survived the attack as the security goons in the city are keeping sealed lips over the development.

At Unguwar Dabai area of Dala Local Government Area, the combined team of security operatives also battled with suspected gunmen in an early morning raid at their hideout, while three suspected militants died in a shoot-out with the troops.

About Post Author

Anthony-Claret Ifeanyi Onwutalobi

Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

ionyclaret@gmail.com

https://www.codewit.com

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