Discos Allege N10 Loss on Every Kilowatt Hour of Power Sold

The 11 electricity distribution companies (Discos) in Nigeria’s electricity supply industry have claimed that they are currently losing an average of N10 on every kilowatt hour (kwh) of electricity they distribute to homes and offices in their networks.

The Discos also said they have been unable to borrow funds to invest in their networks because of the deficit status of their respective balance sheets.

Speaking in Abuja through their association – the Association of Nigerian Electricity Distributors (ANED), the Discos equally stated they would want the government to legally recognise the current electricity market shortfall as a deferred income which could help them re-engineer their balance sheets to be bankable.

The Executive Director, Advocacy for ANED, Mr. Sunday Oduntan explained that the current shortfall had reached N809.8 billion, and that the Discos have been operating on deficit for a long time now.
“No Disco is making any profit in this sector now. No Disco has less than N10 loss today on power supplied to consumers. We are struggling with cost recovery,” said Oduntan.

He further said the pegging of capital expenditure in the tariff at N20 billion was a challenge to the Discos because they would not be allowed to spend more than that annually on capital projects.
Oduntan explained that with such capital expenditure peg, the Discos would be unable to conclude their metering plans in the sector, as well as expand their network reach.

“Our capital expenditure is capped at N20 billion per annum. What that means is that whatever we spend outside of this in a year, it is our business and not recognised in the tariff for that period.

“Tell me how we will provide meters and transformers and expand our networks. Meter cost money, how can we get money when we cannot borrow because our businesses are not bankable and we are carrying deficits,” he noted.
He further explained: “If you look at the difference as regards tariff, the same quantum of energy which may sell for N10 had by June increased to N18 from December 2015 to June 2016. What that means is that the invoices to us for quantities supplied have increased, and that is why publications by NBET without explanation can be factual but misleading as they have not told Nigerians that costs have increased while the Discos have not increased tariff.”
“We are not clamouring for an increase in tariff but government needs to come in and do something because the shortfall is now N809.8 billion. If the Discos die, the sector will die as well.

“We are all in this together, and we are all in a desperate situation and need help. We will either swim or sink together. We are allowed to sell electricity based on N197/$ which is what is in the tariff. This cannot work,” added Oduntan.

Credit: thisdaylive

Reps Want Fuel Sold At N70 Per Litre

The House of Representatives on Tuesday urged the Petroleum Products Prices Regulatory Agency (PPPRA) to review the current price template for Premium Motor Spirit (PMS) with a view to reducing the price to N70.

This followed the adoption of a motion sponsored by Rep. Abubaker Fulata titled “Urgent Need to Review the Petroleum Price Template”.

Moving the motion, Fulata expressed dismay over the circulating rumour of a possible hike in the price of petrol in the country. Although the rumour was denied by the Federal Ministry of Petroleum Resources, Fulata said it was coming at a time when the nation is going through difficult times.

According to him, the hard times are occasioned by dwindling revenues, high inflation rate, unemployment and general fall in the standard of living of many Nigerians. The lawmaker noted that the current template for the price of PMS could be reviewed downwards without affecting the profit margin of marketers and transporters.

The review would also contribute to reducing the current inflationary trend in the economy. “I am aware that the current cost of freighting PMS stands at N109.1, Lightering expenses N4.56, Nigeria Ports Authority charges N0.84, NIMASA charges N0.22, Financing N2.51 and Jetty put charges at N0.60.

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http://www.vanguardngr.com/2016/11/reps-want-fuel-sold-n70-per-litre/

‘Sold Like Cows & Goats’, Read Shocking Insights Of India’s Slave Brides

The first time Muklesha was sold, she was just 12 years old. Her buyer was a man in his 70s.

Marriage and a baby quickly followed. But, three years later, the man died and Muklesha was again put up for sale.

This time, her buyer was a horrific abuser.

“He didn’t feed me. He’d take me to the fields and stuff my mouth with mud and then beat me,” she says.

Muklesha is one of thousands of India’s slave brides – girls and women sold into marriage, often destined for a lifetime of abuse and hardship, as this 101 East documentary reveals.

In India, sex-selective abortions and female infanticide, due to a preference for male babies, has created one of the most severe gender imbalances in the world.

Now, the shortage of women is generating a dangerous demand for brides among men desperate to marry, especially in states like Haryana, which has one of the country’s worst gender ratios.

Traffickers are stepping in to meet this demand, kidnapping women from other states and selling them to men in Haryana.

A survey of 10,000 households in this northern state found more than 9,000 married women had come from other states.

Al Jazeera discovered that some women living in villages in Haryana have been sold as many as three times.

The villagers call them “Paros”, a derogatory term implying they’ve been purchased.

Sanjida was trafficked to Haryana when she was just 10 years old. She says an older girl from a village near her family’s home in the north-eastern state of Assam drugged and kidnapped her.

“I was made to do field work, cut grass, feed cows, do all the work. I cried for a year. I was in captivity for four years,” she says.

She says she was then sold into marriage.

“I couldn’t run away or bring my life to an end. There was nobody whom I could ask for help,” she says.
But Sanjida was luckier than most other Indian women sold into marriage. She says her husband has always treated her well. Sanjida now works for an NGO helping other women.

“All people in Haryana are disrespectful towards women like us. Everybody says we have no self-respect … and that we are sold like cows and goats. We feel very bad when we hear all this because we are human beings and we belong to India, just like them,” she says.

Sanjida is now helping Muklesha, the girl first sold when she was 12, after she was rescued from her abusive husband.

Read More: aljazeera

SHAME: Rape Videos Are Being Sold In India

In this industrial northern state, you can buy footage of a woman being raped for the price of a cheap meal.

Al Jazeera found several videos that appeared to depict rape for sale across the state. They cost from Rs 20 to Rs 200 (30 cents to $3) and are transmitted to a customer’s mobile phone in a matter of seconds.

The faces of the women are visible in these films. Their voices are clear. The attacks on them are brutal.

In Meerut, a city in western Uttar Pradesh, an area mostly known for the manufacturing of sporting goods, local contacts indicated that the movie files, marketed as “rape videos”, were available in nearby villages.

With shopkeepers cautious about selling them to non-locals, one local man in the village of Incholi – roughly 15km from Meerut – agreed to buy one and show it to Al Jazeera.

Shahnawaz, who declined to use his real name, said that the videos are not generally made with the intention of being sold on the open market. Still, he’s heard a lot about them.

“They make it to blackmail the victims [of rape] … so that they don’t go and file a complaint in the nearest police station,” Shawnawaz explained.

Sometimes, he said, the videos are stolen from the perpetrator’s phone when he takes his device to a shop for repairs. The stolen footage is them sold to anyone who asks for it.

Most shopkeepers are careful to sell the videos only to locals, and generally deny any knowledge of them. Some, however, agreed to share explicit videos, including rape clips, with Al Jazeera.

One of them admitted that he had many such “local films”, as the videos are euphemistically referred to. There are watchwords in the trade – akin to a secret handshake – that let the sellers know that a customer seeks rape videos – as opposed to other pornography, which the kiosks also sell.

Once a rape video reaches one dealer, it spreads like wildfire, through applications such as WhatsApp, to other parts of the country. In fact, “WhatsApp sex videos” is one term used for rape videos in this part of the country.

In the village of Saharanpur in western Uttar Pradesh, one man who readily admitted that he frequently purchases pornography – particularly videos of rape – told Al Jazeera that he buys them from other nearby villages.

The videos he buys at shops and kiosks come mainly from other customers who sell the footage to the shopkeepers, he explained. He has a collection of these films on his laptop and described the rape footage as “pornography”.

He watches the videos, he said, because they give him “peace of mind”.

Read More: http://www.aljazeera.com/indepth/features/2016/10/dark-trade-rape-videos-sale-india-161023124250022.html

Tupac’s Handwritten Lyrics To Be Sold At Incredible Price Ahead Of Death Anniversary

As the 20th anniversary of Tupac’s death looms, there is a good chance that many fans of the rap legend will find themselves drenched in nostalgia. If listening to his entire discography isn’t enough, diehard aficionados have the opportunity to own a rare piece of memorabilia – but it will cost you nearly $40,000 (£30K).

Memorabilia Company Moments in Time is selling the original lyric sheet to Catchin’ Feelings, the song which eventually featured Tupac’s 2002 Better Dayz album for $38,500.

The first draft was given to the company’s owner Gary Zimet by an ex-employee of the studio where Tupac recorded the track in 1996.

Tupac was fatally shot in Las Vegas, Nevada, on 7 September 1996. He was travelling in a car with Death Row Records founder Suge Knight after attending a Mike Tyson fight at the MGM Grand when he was fatally wounded in a drive-by attack. September 13 will mark the 20th anniversary of his untimely death .

For many hip hop enthusiasts, the late Tupac Shakur was one of the best to ever do it and its safe to say his legacy lives on.

Read More: ibtimes

Stolen Kia Car Sold For N10, 000 In Ogun

A member of a robbery gang, Jimoh Wasiu, on Thursday narrated how they stole a Kia car and sold it for a meagre N10, 000.

Mr. Wasiu, 37, made the disclosure while being paraded before journalists at the Special Anti-Robbery Squad, SARS, headquarters in Abeokuta, Ogun State.

He was paraded alongside two other members of the gang, named Damilola Daramola (38) and Tunji Makinde (38).

Mr. Wasiu said the gang was formed in 2015 and had only snatched two cars. One of the stolen cars was the Kia they sold for N10, 000.

He said the group specialised in snatching cars and tricycles on Lagos-Ibadan Expressway.

The Ogun State Police Command Public Relations Officer, Abimbola Oyeyemi, who paraded the suspects, said the gang operates on Lagos-Ibadan Highway.

Five suspected cultists were also paraded. They were accused of terrorising Ogijo and its environs before they were arrested.

Mr. Oyeyemi said the cultists killed a man at a filling station.

The police spokesman disclosed the identities of the suspected cultists as Oluwatosin Mosaku, Tunde Adeleye, Olajuwon Kashimawo, Sunday Ajayi and Sharafa Oladipupo.

He said Mosaku, popularly known as Mega Tea, was a notorious cultist who had killed many people in Ikorodu, Lagos state, while Kashimawo was allegedly responsible for the death of a-16-year-old boy that was killed on Tuesday at MRS Petrol station in Ogijo.

He said Ajayi, popularly known as Egbere, had been on police wanted list for snatching a rifle from a police corporal at Oko-Oba in Ogijo located in Sagamu local government area of Ogun State.

Credit: PremiumTimes

How 17 Year Old Girl Sold Her Baby For N500,000

The Ondo State Police Command at the weekend narrated how a teenager, Tessy Obianua allegedly sold her baby girl for the sum of N500,000 to a couple in Onitsha, Anambra state.

It was gathered that, Tessy, a 17 year-old girl fell was tricked by one Mrs. Chibuzor Okoye, a known child trafficker.

According to the police , it was Okoye, that convinced Tessy to sell the baby to the couple, Mr. and Mrs Sunday Kalu, who were desperately looking for a baby.

The state commissioner of police,Mrs. Hilda Ibifuro-Harrison, while parading the suspects said, five persons were involved in the case.

Ibifuro-Harrison said it was Tessy’s father, Mr. Henry Obianu, who alerted the police.

‘‘Mr.Obianu who claimed his daughter, Tessy ran away with her pregnancy January last year, said she later re-appeared again without the baby or pregnancy in May,’’ the CP said.

Police investigation also revealed that Tessy was lured to Onitsha by her father’s neighbour,simply identified as Mr. Jude Azuka.

The CP explained that his men arrested Okoye who specializes in child trafficking later.

“It was Okoye, who sold the said baby girl to the couple in Onitsha at the sum of N500,000.

“She claimed to have given Jude the sum of N200,000 out of which Jude claimed to have bought clothes and shoes to Tessy and also gave her N30,000.’’

“Mrs. Chibuzor thereafter forced Tessy, to sign an undertaking that she would never come back for the baby.”

Credit: Leadership

Syrian, Iraqi Girls Shipped Naked After Being Sold At ISIS Slave Bazaars- UN

The United Nations says  ISIS terrorist group has been offering Syrian and Iraqi girls for sale by putting them on show “stripped naked” in “slave bazaars.”

Special Representative of the UN Secretary General on Sexual Violence in Conflict Zainab Bangura made the harrowing revelation on Thursday while briefing journalists on her “scoping mission” to Syria, Iraq and some other countries in the region in April.

“Girls are literally being stripped naked and examined in slave bazaars” of ISIS, Bangura said, adding that the girls were “categorized and shipped naked off to Dohuk (Province) or Mosul or other locations to be distributed among ISIS leadership” and militants.

Bangura visited Syria, Iraq, Turkey, Lebanon and Jordan from April 16 to 29 and interviewed girls and women who had escaped ISIS captivity and survived sexual violence.

“Women and girls are at risk and under assault at every point of their lives,” Bangura said, stressing that they are in danger at “every step of the way… in the midst of active conflict, in areas under control of armed actors, at check-points and border crossings, and in detention facilities.”

Read More: presstv