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EIL Series 2.0 : How To Become Economically Bouyant In This Period— Pastor Femi Paul

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Pastor Femi Paul

In spite of the current downward trajectory of the Nigerian economy, it is believed that an individual can be economically buoyant by discovering, nurturing and maximising new opportunities.

This was the submission of speakers at the Excellence In Life Series (EIL) Series 2.0 held on Saturday, May 21, 2016, at the Standard Alliance Events Hall, Lekki Phase 1, Lagos.

With the theme, Breaking New Grounds, the speakers such as, Dr Femi Paul, who is also the Convener, Excellence In Life; Bukky George – Founder & CEO, HealthPlus Pharmacy; Ibukun Awosika, Chairman, First Bank offered valuable insights and ideas on how to spot, seize and maximize opportunities in the current economic downturn.

“Most people don’t listen until they are in the classroom. But the best lessons are taught along the way…in the ordinary course of daily life,” said Dr Femi Paul at the event.

He charges the audience to aspire to break new grounds. He said, “Ordinary people look and admire; winners look, observe and aspire.”

He further noted that “aspiration fuels Pertinent Enquiries and Propels People; admiration only generates simplistic applause and awe.”

Another speaker at the event, Bukky George, emphasised the need for an individual to explore his or her passion, noting that it is only when the individual did that he could get to the promised land. She also mentioned that it was important for people to seek to fill the gap that exists in their areas of specialisation instead of just making up numbers.

“Your promised land is where your passion lies. It is where your heart quickens, where you feel an almost supernatural hunger to intervene and improve a situation,” said Bukky George.

“Seek out a gap in a product or service delivery that you have the qualification, skill, experience, inspiration and passion to fill. Fill the gap excellently.”

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BIG STORY

JUST IN: Reps Order NERC To Suspend Implementation Of New Electricity Tariff

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The Nigeria Electricity Regulatory Commission (NERC) has been requested by the house of representatives to halt the introduction of the new price.

Following the passage of a motion of urgent public significance on Tuesday, the lower legislative chamber passed the resolution in plenary session.

Nkemkanma Kama, a Labour Party (LP) politician from Enonyi state, sponsored the resolution.

On April 3, NERC approved an increase in electricity tariff for customers under the Band A classification.

The commission said customers under the category, who receive 20 hours of electricity supply daily, would begin to pay N225 per kilowatt (kW), starting from April 3, up from N66.

 

More to come…

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BIG STORY

Nigeria Will Be In Darkness If FG Doesn’t Hike Electricity Tariff — Minister Power Adelabu

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Minister of power, Adebayo Adelabu, says the country will be thrown into darkness if the federal government does not hike electricity tariff.

Recall that the Nigeria Electricity Regulatory Commission (NERC), on April 3, approved an increase in electricity tariff for customers under the Band A classification.

The commission said customers under the classification, who receive 20 hours of electricity supply daily, will now pay N225 per kilowatt (kW), starting from April 3, up from N66.

Appearing before the senate committee on power on Monday, Adelabu said although citizens are bearing the brunt of the increase, it would “catapult us to the next level”.

“The entire sector will be grounded if we don’t increase the tariff,” the minister said.

“With what we have now in the next three months, the entire country will be in darkness if we don’t increase tariff.

“The increment will catapult us to the next level. We are also Nigerians, we are also feeling the impact.”

Adelabu said if distribution companies (DisCos) do not provide 20 hours of power for seven consecutive days, the customer should be billed on the old tariff.

“We made it a conditional tariff, we made it a service reflective tariff, that the only condition that can make a discriminate company charge the new tariff of N225 per kilowatt hour is they must ensure they supply a minimum of 20 hours to that consumer everyday,” he said.

“If they cannot sustain this within a period of seven days, such consumers must be granted the old tax.

“Any consumer that can get supply for 20 hours, they can pay N225 per kilo as against the N66 in the old regime. And we also put in some monetary and tracking framework to ensure that these posts are compelled to comply with this tariff order.

“And this was displayed in the first day or the first week of this new regime, when it was discovered that a particular DisCo was not supplying for up to 20 hours and was charging the customers. A penalty of N200 million was slammed on this DisCo.”

The minister added that the fine has served as a deterrent to DisCos.

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BIG STORY

Senate, Reps Set To Resume Plenary In New Chambers After To Years Of Renovation [PHOTOS]

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Members of the senate and house of representatives are set to resume plenary in renovated chambers.

The legislators will resume plenary on Tuesday (today) after a break spanning more than five weeks.

The parliamentarians had begun their Easter and Eid el-Fitr vacations on March 20.

They were supposed to meet again on April 16, but the meeting was rescheduled.

On Monday, the house of representatives’ leadership, led by Speaker Tajudeen Abbas and his predecessor Femi Gbajabiamila, examined the green chamber.

The renovation of the chamber began in April 2022.

Since then, the legislators have been using a temporary chamber in one of the committee rooms.

In 2019, the national assembly budgeted over N30 billion for the renovation of the complex, but the amount had sparked criticisms.

The sum was later reviewed to N9 billion.

See photos of the renovated green chamber below;

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