Break Monopoly Of DisCos, Group Tells FG

Mohammed Shosanya

President, Nigeria Consumer Protection Network,Kunle Olubiyo,has implored the federal government to pull out it’s 40% stake in the nation’s power sector.

Olubiyo,who gave the suggestion on the heels of the planned 50% increase in electricity tariff in Nigeria,also advised the government to break the monopoly of the 11 electricity distribution companys’ franchise into smaller units in ways that would break the present market monopoly and promote the ideals of competitive electricity market.

He also advocated the need for the government to address matters relating to domestic gas obligation, appropriate gas pricing,adding that gas to domestic market should be sold in local currency for use by gas to power generation power plants..

According to him,government should provide tax incentives, fiscal and non fiscal incentives and access to long term low interest single digits credit facilities to indigenous meters assembling plants / local meters manufacturers in order to strengthen their production capacity.

He added that end users of electricity in Nigeria should be given the opportunity to buy pre-paid meters on the shelves.

He said:”More investment should be channel into capacity expansion of critical power grid infrastructure and network improvements in other to upscale efficient service delivery, quality of supply, customer centricity , health safety and environment in the post privatized Nigerian power sector value chain”

Sahara Group, Covenant University Partner On Human Capital Development

Mohammed Shosanya

Sahara Group, has announced a strategic partnership with Covenant University aimed at accessing and transforming exceptional talent from the institution to outstanding global business leaders.

The partnership is a significant step towards enhancing Sahara’s commitment to supporting young Africans to compete internationally as “innovators birthing sustainable solutions to unfolding global challenges.”

Speaking during a meeting with the Management Team of the Covenant University in Ota, Nigeria, Ivie Imasogie-Adigun, Group Head, HR at Sahara Group said the collaboration between the energy conglomerate and Covenant University will focus on building a talent pipeline that aligns with Sahara’s business goals.

“Our data over the years indicate that Covenant University is among the top 3 universities where we get the best candidates. Working with Covenant presents a unique opportunity to collaborate with a world-class institution to attract, retain and develop the best talent for our businesses spread across Africa, Asia, Europe, and the Middle East,” she said.

The Vice Chancellor of Covenant University, Prof. Abiodun Adebayo, who expressed excitement about the partnership, stated that it would open more frontiers, expand the institution’s industry relations, and create more opportunities for graduates of Covenant. “In the past years, we have produced the most employable graduates in Nigeria. We look forward to Sahara Group absorbing more Covenant graduates as it continues to record sterling achievements as a foremost energy company in Africa,” he said.

Emphasizing Covenant’s status as a leading institution in Nigeria, the Deputy Vice-Chancellor, Prof. Olujide Adekeye said Covenant was always delighted to partner with reputable organisations like the Sahara Group. “Our graduates have been trained to be world-changers and this opportunity offered by Sahara would help them flourish and excel more,” he said.

Mrs. Regina Tobi-David, Registrar, Covenant University commended Sahara for choosing to work with Covenant, adding that the partnership was a resounding “testament to the quality of education and training that Covenant University provides to its students.”

Describing interactions with Covenant graduates as a “recruiter’s delight”, Israel Oloyede, Head, Talent Acquisition, Sahara Group, noted that the initiative with Covenant University will give Sahara access to “an incredible talent pool of graduates with diverse backgrounds, skills, and aspirations that will drive innovation and growth.”

Samuel Gwani, an alumnus of Covenant University and a Sahara Graduate Management Trainee described the project as a “game-changer for Covenant University students,” noting that “Sahara Group will give you regional and global platforms that will ensure you make a difference in all you do, in Sahara, we call that being MAD.”

Tolulope Gbenro, also a Covenant alumnus and Sahara Graduate Management Trainee said, “the partnership would be a win-win situation for both brands and above all, provide a world of endless possibilities to Covenant University graduates who join the Sahara family.”