Day: September 19, 2021

NCC to Slam N200,000 per subscriber penalty on TelCos over NIN Crime

Aliyu Aliyu

A  proposed fine of N200,000 awaits any mobile communications services provider which fails to verify and validate biometric, National Identity Number and other personal information of each subscriber to its  services, according to the Nigerian Communications Commission  (NCC). A proposed draft regulation on registration of telephone subscribers 2020 recently published on NCC’s website states that    a  licensee who fails to verify and validate biometric, NIN and other personal information before activation is liable to a penalty of N200, 000 for each subscription medium in breach of these requirements.” According to…

Read More

Excessive Time on Facebook Can Lead to Depression – Study

Wonuola Olujobi

Excessive time on Facebook can lead to depression – Study   A study by social psychologists at the University of Michigan has shown that excessive time on Facebook can lead to depression. The study conducted in 2013, tracked the Facebook use of 82 young adults over a two-week period. “When we feel like we are outside a circle of safety, with no sense of belonging and no sense that others love and care for us, we feel out of control, abandoned and left for dead. And when we feel that…

Read More

BREAKING:100% Electricity Tariff Hike Begins in 4 Months – Nigerian Govt

ADEOLA YUSUF

The Nigerian government has stated its plans to end all forms of subsidy for tariff in the power sector by January, 2022, a move expected to skyrocket tariff to 100%. Platforms Africa reports that the Special Adviser to the President on infrastructure, Ahmed Zakari, made this known during the Stakeholders engagement meeting organized by the Nigerian Electricity Commission, NERC, in Lagos. The power industry in Nigeria has reportedly being rocked by claims of revenue shortfall allegedly due to a tariff regime that is “not cost reflective.” Data of Nigerian Bulk…

Read More

EXCLUSIVE: NBET appropriates N139bn, 98% of 2021 budget, for GenCos payment

ADEOLA YUSUF

The Nigeria Bulk Electricity Trading Plc (NBET) has budgeted N139 billion, 98% of its 2021 budget, to pay Generation Companies (GenCos). Platforms Africa, , which gathered this exclusively from the 2021 budget of NBET, added that efforts are on to make the recent audited accounts of the bulk trader public. READ ALSO: BREAKING: Nigeria’s Electricity Market debts to Egbin Power hit N388bn How Oil firms burnt $787.7m worth of Nigerian gas, polluted air in 7 months Power market’s debts profile to NDPHC hits N190bn EXCLUSIVE: How Nigeria’s Grid collapse, Blackout…

Read More

General Manager NNPC Shipping, Inuwa Waya, retires, mulls Kano Governorship

ADEOLA YUSUF

The Group General Manager in charge of the Shipping at the Nigerian National Petroleum Corporation (NNPC), Inuwa Waya, sprung up a surprise as he announced his decision to voluntarily retire from the company in December this year. Platforms Africa reports authoritatively that Mr. Waya still has two years in his career at NNPC to reach the mandatory official retirement age of 60 years. Although the retirement of the top management staff is yet to be officially confirmed by the NNPC, multiple sources at the corporation Towers in Abuja confirmed to…

Read More