COVER
Labour Union Meets Minister, Kicks Against Water Resources Bill
By Martin Paul, Abuja
The Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees (AUPCTRE) and a non-governmental organization(NGO),Corporate Accountability and Public Participation Africa (CAPPA yesterday restated their opposition to the Water Resources Bill before the National Assembly.
Representatives of the labour union and the NGO met with the Minister of Water Resources, Suleiman Adamu in Abuja at a meeting called by the Minister to mobilise support for the contentious bill.
AUPCTRE, which is an affiliate of the Nigeria Labour Congress (NLC), and CAPPA, were adamant at the meeting and insisted that the pro-privatisation sections should be removed from the Bill or else it should be trashed.
The labour group and the CSO at the meeting restated their demands for the National Assembly to jettison the National Water Resources Bill 2020, alleging that the bill failed to address human rights issues and did not enjoy the support of Nigerians.
The meeting, which was at the instance of the minister, followed A nation-wide criticism that trailed the bill’s re-emergence, after it was defeated by both chambers of in the Eighth Assembly in 2018.
AUPCTRE and CAPPA had in a press briefing on August 21, 2020, raised fears that the Bill will fling the doors wide open for private entities to seize the nation’s water resources and had in a joint letter to President Muhammadu Buhari on September 3, 2020, catalogued obnoxious sections of the Bill and how they posed danger to the attainment of the Human Right to Water.
In the last two weeks, civil society and other groups have also criticized the Bill.
Notable Nigerians and organisations that had kicked against it include the playwright and Nobel Laureate, Professor Wole Soyinka, Dr. Yinka Odumakin of the Pan-Yoruba socio-political group, Afenifere, the Ohaneze Ndigbo, and the Ijaw Youth Council.
Benue state Governor, Samuel Ortom had threatened to sue the National Assembly, if it went ahead with the Bill, while his predecessor and Senator representing Benue North East Senatorial District, Gabriel Suswam also called for withdrawal of the Bill.
The Bill titled: “An Act to Establish a Regulatory Framework for the Water Resources Sector in Nigeria”, provides for the equitable and sustainable development management, use and conservation of Nigeria’s Surface Water and Ground Water Resources and for related matters, had scaled a second reading in the House of Representatives and has been referred to the House Committee on Rules and Business for further action.
AUPCTRE and CAPPA raised concerns about Sections 1, 2, 3, 13, 22, 24, 89, 98, 104, 105 and 107. As well as Sections 109, 110, 120, 121, 125, 129 and 131.
Speaking at the end of the meeting, National President of AUPCTRE, Comrade Benjamin Anthony said: “Our meeting with the Minister of Water Resources was very frank.
“The minister advanced reasons why the Bill should be passed, but we drew his attention to the contentious clauses that must be addressed. “We restate our opposition to this anti-people Bill and urge the National Assembly to trash it.
“The Bill fails to address human rights issues and does not enjoy the support of Nigerians. Comrade Anthony insisted that the Bill will dispossess Nigerian citizens of their inherited and cultural rights to water and should be discarded immediately.
Also speaking, CAPPA Director of Programmes, Philip Jakpor said: The contents of the Bill are against the spirit of the July 28, 2010, United Nations General Assembly Resolution, which recognized in unmistakable terms, the human right to water and sanitation.
“Our position remains unchanged: President Buhari should use his good office to recall this contentious Bill from the legislative quarters and kick-start a fresh process, which will entail consultation and input from Nigerians from the beginning through the entire process at the National Assembly”.
Don’t Politicise the Bill – FG
Meanwhile, the Federal Ministry of Water Resources has warned that the National Water Resources Bill should not be politicised, saying the law was consistent with the Constitution of the Federal Republic of Nigeria and the Land Use Act.
The ministry had also urged Nigerians to disregard misleading allegations, which were evident from the various commentaries noticed from those opposing the Bill.
The Minister, in a statement noted that the Bill was not a new law; rather an amalgamation of Water Resources Laws that had been in existence as enshrined in LFN 2004.
He said reports in the media appeared to had neglected the provisions of the bill which was for the development, management and efficient use of the nation’s water resources in line with global best practices.
The Minister further appealed to stakeholders and Nigerians in general to have faith in the bill as it was for the good of the nation.
“It is in the overall best interest of every citizen of the country that the process of its passage is not politicised.
“The general public is invited to note that this National Water Resources Bill when passed into Law will better serve and provide for the enhancement of the Nigeria Water Sector in line with global best practices,” he explained in a statement.
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.