COVER
FG Shifts NIN Collection Deadline to April 6
By Martin Paul, Abuja
Millions of Nigerians, yet to link their telephone Subscriber Identity Module (SIM) cards to the National Identification Number (NIN), would now have the cause to smile as the Federal Government has extended the exercise by eight weeks.
Prior to the extension yesterday, there were repurts that designated centres for the registration were overcrowded as many subscribers thronged the venues to perform the changes.
Also noted as one of the hindrances to the NIN registration, was non-observation of the COVID-19 protocols, while some unscrupulous staff were accused of allegedly collecting gratifications before performing their duties even as the queues were not reducing each day
The Federal Government, acting on these and other factors, extended the deadline from February 9 to April 6, 2021.
Director, Public Affairs, Nigerian Communications Commission (NCC) Dr. Ikechukwu Adinde and Head of Corporate Communications, National Identity Management Commission (NIMC) Kayode Adegoke, in a joint statement, disclosed the postponement on the NCC media WhatsApp platform, yesterday.
They disclosed further that the decision to postpone the closing date was sequel to the outcome of a meeting of the Minister of Communication and Digital Economy, Ali Ibrahim (Pantami with the Ministerial Taskforce on NIN-SIM registration held on Monday.
According to them, the message was conveyed by Dr Isa Ali Ibrahim Pantami, Minister of Communications and Digital Economy during a meeting of the Ministerial Taskforce on NIN-SIM registration held on Monday.
“The ongoing National Identification Number (NIN) and Subscriber Identity Module (SIM) integration exercise has been extended by 8 weeks, with a new deadline of April 6, 2021.
This message was conveyed by the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami), during the meeting of the Ministerial Taskforce on NIN-SIM registration which held on February 1, 2021.
“Dr Pantami stated that the extension is to give Nigerians and legal residents more time to integrate their NIN with the SIM.
“The meeting was chaired by the Minister and attended by key stakeholders, including the EVC/CEO of the Nigerian Communications Commission (NCC), DG/CEO of the National Identity Management Commission (NIMC), DG/CEO of the National Information Technology Development Agency (NITDA) and the Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON). Others include the MD/CEOs of MTN, Airtel, 9Mobile, Ntel, Spectranet and SMILE, as well as the COO of Globacom.
“It was reported that a total of 56.18 million NINs have been collected by the mobile network operators. Each NIN is usually tied to an average of 3 to 4 SIMs and this infers that the current figure accounts for a significant portion of the existing SIMs.
“This number of NINs collected represents a significant increase when compared with the 47.8 million reported by the Technical Committee on January 18, 2021.
“Furthermore, over 1060 registration centres for NIN have been activated and made operational by NIMC across the country, while Mobile Network Operators (MNOs) have opened hundreds of centres and are rapidly deploying resources to open thousands of other NIN enrolment centres across states of the country.
“This is in line with the policy of the administration of President Muhammadu Buhari to enhance security and make the process of obtaining NINs easier for Nigerians.
“The CEOs of the Telcos and the Chairman of the Association of Licensed Telecommunications Organisation of Nigeria commended the Honourable Minister for his stellar leadership and commitment to the rapid development of the sector.
“Dr. Pantami reiterated the need for Nigerians and legal residents who are yet to register for the NIN to be diligent and take advantage of the extension to enroll for their NIN and link with their SIMs. It would be recalled that the 4th of February, 2020 was the initial date of the commencement of the National NIN-SIM Registration Policy.
“The Federal Government of Nigeria applauds all Nigerians and persons of other nationalities for their understanding, cooperation and for enthusiastically participating in the exercise. The Honourable Minister also commended the efforts of NIMC, NCC, MNOs and all other relevant government and private sector organisations for their unflinching support towards the success of the exercise.
“President Muhammadu Buhari has expressed his satisfaction with the progress made regarding the NIN-SIM linkage and commended the Honourable Minister and all stakeholders for their roles. He encouraged citizens to take advantage of the extension to fully participate in the process.
“The Honourable minister implores applicants to follow the safety guidelines at all the NIN enrolment centers and ensure compliance with the booking system in place. This protocol is in line with the Executive Order on COVID-19 2020 signed by President Muhammadu Buhari on the 27th of January 2021, in keeping with the provisions of the Quarantine Act 2004.
“It is noteworthy that Sections 27 and 29 of the National Identity Management Commission Act 2007 provides for the mandatory use of National Identity Number for transactions, including application and issuance of a passport, opening of personal bank accounts, purchase of insurance policies, voter registration, obtaining credit, among others”, the statement added.
COVER
Another Blackout as National Grid Collapses Second Time in Two Days
By Mike Odiakose, Abuja
As Nigerians await full power restoration, the national grid has collapsed once again.The national grid collapsed on Tuesday, marking the 10th such incident since January 2024.It was confirmed that, as of 11 am on Thursday, the 22 power plants were only able to generate 2,323 megawatts of electricity, with generation dropping to 0.
00MW. The peak generation for the day was 3,743MW as of 10 am. The Ikeja Electricity Distribution Company reported a power outage at 11:29 am.“Dear Esteemed Customer, please be informed that we experienced a system outage today, 7 November 2024, at 11:29 hrs, affecting supply within our network.“Restoration of supply is ongoing in collaboration with our critical stakeholders. Kindly bear with us,” IKEDC said.The Transmission Company of Nigeria has yet to provide an update on the incident at the time of this report which marks the 11th of such occurrences in 2024.The country recorded more than 93 cases of grid collapse during the eight-year administration of former President Muhammadu Buhari from 2015 to 2023.This persistent grid collapse has led to frequent blackouts, impacting businesses and daily life across the country.Nigeria had, in the past decade, secured about 10 loans totaling about $4.36bn from the World Bank to address challenges in the sector but there has not been any significant improvement even with additional funds from multilateral and donor agencies.This has heightened speculations that a sizable chunk of the loans may not have been disbursed for the purposes for which they were obtained.The frequent fluctuations in power supply have continued to take a toll on industrial and domestic consumers leaving frustration and low productivity in the aftermath.The Bola Tinubu administration has continued to seek additional World Bank loans, securing $1.901 billion in new funds since he assumed office in June 2023.The administration has also been making frantic efforts to expand the nation’s energy options through renewable energy projects.The government has also initiated massive solar energy extension, especially to rural communities across the country to bridge the gaping power gaps.With a population estimated to be more than 200 million, Nigeria has not been able to exceed 5000 Megawatts at any period in the past 10 years despite assurances by successive administrations.More disturbing to Nigerians is the astronomical increase in electricity tariffs across the board, peaking above 400 percent with the last hike that was affected earlier in the year.COVER
FG Defends CNG Vehicle Safety Amid Malaysia’s Phase-out plan
By David Torough, Abuja
The Presidency has sought to allay concerns regarding the safety of Compressed Natural Gas-powered vehicles, recently introduced in Nigeria as an alternative to petrol-powered cars.The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, dismissed these fears in a post on X on Thursday while responding to reports on Malaysia’s plan to phase out CNG-powered vehicles by 2025.
The Malaysian government announced plans to phase out CNG vehicles and end the sale of natural gas vehicles by July 2025. According to local media sources, Malaysia’s Minister of Transport, Anthony Loke, made this announcement at a press conference on Monday.He explained that the decision was intended to protect road users and the public from the potential hazards posed by ageing CNG tanks.Loke was quoted as saying, “These NGV tanks have a safe usage lifespan of approximately 15 years, and if they are not replaced, they become unsafe to use and may fail at any time.” From July 1, 2025, CNG-powered vehicles will no longer be registered or allowed to operate in Malaysia.However, Onanuga clarified that Malaysia’s policy was focused on the safety of Liquefied Petroleum Gas (LPG), not CNG.He added that Nigeria chose CNG specifically for its safety and cost-effectiveness, with plans underway to develop domestic tank manufacturing capacity.Onanuga wrote, “Some clarification on Malaysia’s plan to phase out CNG-powered vehicles:“The Malaysian issue relates to the safety of LPG, not CNG. In the original report, Transport Minister Anthony Loke stated, ‘There are also some car owners who have modified their vehicles using liquefied petroleum gas (LPG) cylinders, which are very dangerous.’“NGV covers both CNG and LPG. Nigeria, in its transition, has adopted CNG only, not both, due to valid safety and cost concerns regarding LPG.”Onanuga further noted, “Malaysia’s programme for CNG-powered vehicles struggled, achieving only a 0.2% conversion rate over 15 years. By contrast, nations like India, China, Iran, and Egypt have seen considerable success.”He added that Malaysia faced difficulties in replacing 15-year-old tanks due to limited manufacturing capacity, while Nigeria, in its first year of adopting CNG, is already addressing this.Malaysia introduced CNG for taxis and airport limousines in the late 1990s, while Nigeria began its own CNG initiative in 2024 as an alternative transportation fuel.COVER
Zenith Bank Upgrades Infrastructure, Assures of Exceptional Service
By David Torough, Abuja
Zenith Bank Plc has assured its teeming customers of exceptional service delivery and improved customer experience following the successful completion of its Information Technology Infrastructure Upgrade.
The Group Managing Director/Chief Executive of the bank, Dr.
Adaora Umeoji in a statement expressed her immense gratitude to all customers of the bank for their patience and support during its recent IT infrastructure migration to a new and more robust operating system.Umeoji emphasized that the bank was committed to delivering unparalleled service experience, saying “We undertook such an extensive endeavor in other to better position Zenith Bank Plc for improved service delivery to all our valued customers and provide memorable banking experiences at all our touchpoints,” adding that the bank now has one of the best technology infrastructure in the Nigerian banking industry, and is well positioned to ensure customers experience exceptional service delivery going forward.
Zenith Bank has continued to distinguish itself in the Nigerian financial services industry through superior service offering, unique customer experience and sound financial indices.
The bank has remained a clear leader in the digital space with several firsts in the deployment of innovative products, solutions and an assortment of alternative channels that ensure convenience, speed and safety of transactions.
The bank’s track record of excellent performance has continued to earn the brand numerous awards including being recognised as the Number One Bank in Nigeria by Tier-1 Capital for the 15th consecutive year in the 2024 Top 1000 World Banks Ranking, published by The Banker Magazine. The Bank was also awarded the Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards for 2020 and 2022; and Most Sustainable Bank, Nigeria 2023 and 2024 in the International Banker Banking Awards.
Further recognitions include being recognised as Best Bank in Nigeria for the fourth time in five years, from 2020 to 2022 and in 2024, in the Global Finance World’s Best Banks Awards; Best Commercial Bank, Nigeria for four consecutive years from 2021 to 2024 in the World Finance Banking Awards. Additionally, Zenith Bank has been acknowledged as the Best Corporate Governance Bank, Nigeria, in the World Finance Corporate Governance Awards for three consecutive years, from 2022 to 2024, ‘Best in Corporate Governance’ Financial Services’ Africa for four consecutive years from 2020 to 2023 by the Ethical Boardroom.
The Bank’s commitment to excellence saw it being named the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands for 2020 and 2021; Bank of the Year for 2023 and 2024, and Retail Bank of the Year for three consecutive years from 2020 to 2022 and in 2024 at the BusinessDay Banks and Other Financial Institutions (BAFI) Awards. The Bank also received the accolades of Best Commercial Bank, Nigeria and Best
Innovation in Retail Banking, Nigeria, in the International Banker 2022 Banking Awards, Bank of the Decade (People’s Choice) at the ThisDay Awards 2020, Bank of the Year 2021 by Champion Newspaper, Bank of the Year 2022 by New Telegraph Newspaper, and Most Responsible Organisation in Africa 2021 by SERAS Awards.