Connect with us

    Hi, what are you looking for?

    Politics

    ICPC Tackles Estimated Billings, Illegal Sales of Meters

    Independent Corrupt Practices and Other Related Offences Commission (ICPC) has vowed to tackle corruption – estimated billings, illegal sales of meters among others – in the power sector.

    This was disclosed by Mr Bolaji Owasanoye (SAN), chairman of the anti-graft agency, during a consultation meeting of business membership organisations and electricity regulatory bodies.

    He noted at the event organised by the Association of Public Policy Analysis (APPA-Nigeria) in Abuja that the incessant complaints about high electricity billings by distribution companies have become rife.

    Mr Owasanoye, who was represented by Mr Hassan Salihu, an Assistant Commissioner in the commission, called on Non-Governmental Organizations (NGOs), Community-Based Organizations (CBOs), and electricity regulatory bodies to join hands in the prevention of electricity-related corruption in Nigeria.

    The ICPC boss revealed that the agency articulated the National Ethics and Integrity Policy – Human Dignity, Voice and Participation, Patriotism, Personal Responsibility, Integrity, National Unity, and Professionalism – which is geared towards instilling lost values as a norm among citizens.

    According to him, the ICPC was working to ensure accountability across the public and private sectors through the implementation of these core values, explaining that it would enable people working in the sectors to shun corruption.

    Mr Owasanoye further stated that the commission was empowered by the law to do system studies and reviews in government agencies and departments to mitigate the occurrence of corrupt activities in such organizations.

    On his part, Mr Dikko Umaru Radda, director-general of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), said the agency formulates and implements policies for the ease of doing business and to make MSMEs competitive in the global market.

    Mr Radda, represented by Mrs Olabanjo Fowler, an assistant director, Partnership and Coordination, stated that the multiplier effects of high electricity tariffs, poor transmission distribution, and supply of electricity on businesses were in no doubt grievous.

    The SMEDAN boss added that these will increase MSMEs production costs and reduce their competitiveness in the global market.

    He, therefore, called on other relevant agencies to partner in identifying the possible areas of intervention as it relates to electricity consumption protection in Nigeria.

    In his paper titled “Mobilizing Stakeholders for Protection of SME Electricity Consumers Against unfair Business Practices through Enforcement of Electricity Consumers Protection Licensee Performance Standards for Job Creation and Economic Growth”, Comrade Princewill Okorie, national president, APPA-Nigeria, said that micro, small and medium enterprises operators have continued to complain over abuse of their rights as consumers of electricity.

    He explained that these issues have hindered the operations of SMEs who need electricity to carry out production.

    Mr Okorie said that the unfair business practices against consumers are not abating while the expected support given to SMEs by funders is minimal.

     

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Yemisi Shyllon Museum of Art (YSMA) at Pan-Atlantic University and Ventures Platform (VP), one of Africa’s leading early-stage venture capital firms, proudly announce a...

    World

    Nancy Metayer Bowen, the 38-year-old vice chair of Florida’s Democratic Party and a rising star eyeing a congressional bid, was found dead in her...

    Business

    President Bola Tinubu has approved a ₦3.3 trillion payment plan to clear verified legacy debts owed to power generation companies, following criticism from Labour...

    E-Financial

    Fidelity Bank Plc, leading financial institution, has announced the signing of a strategic partnership agreement with Aircraft Finance Germany (AFG) to advance the aviation...