operators

Recapitalisation: NIA Urges Operators On Use Of Extension

January 23, 2020 3:23 pm

The Nigerian Insurers Association (NIA) has urged insurers to take advantage of the recapitalisation extension recently announced by the National Insurance Commission (NAICOM) to prepare well for the exercise.

The Director General of NIA, Mrs. Yetunde Ilori, who made this appeal in a statement while commenting on recent developments on the sector’s recapitalisation initiative noted that by the extension, some of the initial challenges thrown up by the first date have been addressed hence, operators now have sufficient time to comply with the directive instead of having to go into the exercise without adequate preparation and diligent execution.

Ilori added …

Gunmen Kill 2 FRSC Officers, Kidnap 10 In Nasarawa

FRSC Cautions Driving School Operators

January 11, 2020 5:35 am

The Federal Road Safety Corps (FRSC), Oyo State Command, has cautioned driving school operators in the state over churning out unqualified drivers.

Oyo State FRSC Sector Commander, Mrs Uche Winifred, gave the warning on Friday in Ibadan, the Oyo state capital.

Winifred while speaking, said operators of driving schools must ensure that applicants undergo full training before giving permission to go for test and acquire licence.

She said that applicants must not be allowed to stay at home while their names unload into the system by proxy.

“They must undergo proper training for 26 days which is one hour per

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Gas Explosion: DPR To Dislodge Illegal Operators

January 6, 2020 5:42 am

The Department of Petroleum Resources, DPR, has resolved to dislodge illegal gas facilities and prosecute perpetrators.

The decision follows a recent gas explosion in an illegal station which led to the death of five people, leaving four others injured on Saturday at Sabon Tasha, Kaduna state,

The DPR Zonal Operation Controller, Kaduna Zone, Isa Tafida, while condoling with victims of the gas explosion, lamented that the gas retailer operated illegally without even category D license.

He urged investors, gas plant operators and gas retailers to obtain the required license that would ensure safe handling of gas to avoid such

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NSCDC Arrests 10 Illegal Gas Operators In Akwa Ibom

December 5, 2019 1:47 pm

The Nigeria Security and Civil Corps has arrested 10 suspected illegal liquified petroleum gas operators in Akwa Ibom.

State Commandant of corps, Mr Adeyinka Ayinla who disclosed this to newsmen at the end of routine surveillance in Uyo on Thursday, said that the corps was in collaboration with DPR to fish out illegal LPG refilling points in the state.

The routine surveillance was said have been carried out in conjunction with Department of Petroleum Resources (DPR) in Akwa Ibom.

“We are going to investigate the matter and after investigation, if they are guilty we will take them to court or

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Airline Operators, Insurers At Loggerheads Over Non-Payment

November 14, 2019 5:59 am

Controversy between consumers of insurance products and insurers over poor customer services has been a sore point of heated discussion in the indsustry over the years.

The situation appeared to have assumed a new twist recently following threats by Aircraft owners under the aegis of Airline Operators of Nigeria (AON), to boycott local insurance companies to insure their aviation risks with foreign underwriters due to non-payment or delayed payment of claims by local insurers.

Daily Sun investigation revealed that if the above threat is carried out, the Nigerian insurance industry may be losing risks worth over N10 billion to foreign

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Data: Saving Consumers From Operators And Regulators

November 12, 2019 3:43 am

The five-day ultimatum issued to the Nigerian Communications Commission (NCC) to tackle illegal deductions by telecom operators and reduce the price of data is a welcome development, though belated. The Minister of Communications and Digital Economy, Isa Pantami, rightly moved to rein in the telecom operators, having received a pinch of a biting reality. There is no doubt that the operators of our general system of mobile (GSM) telecommunication have pushed their luck too far and their greed too hard not to draw the anger of a responsible regulator.

Since the dawn of the 21st Century and attendant innovations in

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Telcom Operators; ACTON Seek NCC’s Autonomy On USSD Prices

October 23, 2019 2:34 am

Telecommunications operators under ACTON have called on the Federal Government to allow the Nigerian Communications Commission (NCC) independence to enforce the legal determination of the USSD pricing that was approved to be effective from September 1.

The operators, under the aegis of the Association of Telecommunications Companies of Nigeria (ATCON), said the banks should only be allowed to apply a cost recovery charge to the consumers using the USSD platform or any other telecom related platform used to gain access to the consumers’ mobile device or the Subscribers Identification Modules (SIM).

Speaking with The Guardian, the President of the ATCON,

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