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Computer Warehouse COO Bags IOD Fellowship
[October 09, 2014]

Computer Warehouse COO Bags IOD Fellowship


(AllAfrica Via Acquire Media NewsEdge) The Chief Operating Officer, Computer Warehouse Group Plc, Mr. Phillip Obioha has been inducted as a fellow of the Institute of Directors Nigeria (IoD) after his nomination was approved by the Executive Management and Governing Council of the institute. The induction took place at the annual fellow's evening event held in Lagos recently The IoD is a professional institute that attends to the developmental needs of directors both in public and private sectors as well as business leaders in Nigeria. The institute seeks to promote directors, develops corporate governance, enhances the economy for business development, provides services to her members and represents the views of its members at the continental level as one of the members of Africa Corporate Governance Network.



It boasts of a membership base that consists of more than 90 per cent of the directors of companies listed on the Nigerian Stock Exchange.

The fellowship status is conferred annually by IoD on a few deserving members who have been members of the Institute for a minimum of 10 years, with unblemished character and a minimum of 10 years directorship experience in a reputable organisation. According to the President of the council, Mrs. Eniola Fadayomi, "Obioha nomination is on the heels of his notable contribution to the growth of CWG Plc becoming the leading Pan-African ICT firm and the Nigerian economy, and his meritorious service to the institute". The award entitles Obioha to the designation F.IoD after his name for the duration of his fellowship and affords him the privilege to attend the annual fellow's evening, an event that attracts the presence of distinguished individuals in the society.


Obioha has more than 20 years of cognitive experience in the information technology industry. He was trained as an electrical engineer, with specialisation in digital electronics at West Virginia University, Morgantown, West Virginia in USA. However, his mastery of financial engineering raises the bar in the realm of business finance. He also holds an MBA from the International Graduate School of Management (IESE), Navara, Spain, as well as several information technology product certifications. He is also a member of the Institute of Electrical and Electronic Engineer (IEEE, USA), Nigerian Economic Summit Group (NESG, corporate) and the Nigerian Computer Society (NCS).

IBEDC Promises Consumers of Improved Electricity Supply Ibadan Electricity Distribution Company (IBEDC) has assured its numerous customers of improved electricity supply, and attributed epileptic supply to vandalism of electricity equipment by hoodlums. Addressing grievances of consumers during a recent Customer Forum in Abeokuta, Managing Director of the IBEDC, Mr. Fortunato Leynes said: "Our transformer cables and feeder pillars, oil and other line materials suffer untold thefts and damages. The aftermath of these, are blackouts which throw your communities and neighbourhoods into darkness, which also affects IBEDC in terms of huge losses in revenue." Lyenes noted that the drop in power supply was due to illegal connections by some consumers who attempted to bypass the approved cable route.

He said: "The IBEDC is not unaware of the menace of tampering with our meters, diversion of wires from the meters and running of same through the ceilings, all effectively bypassing their electric meters. These acts are offences and are punishable by law. We also know that there are several rampant direct connections that are enjoying electricity without paying a single kobo." Citing the case of Ona-Ara communities in Oyo State as an example, the IBEDC boss explained that his company has expended not less than N150 to rehabilitate some of the substations.

"A case in point is the Ona-Ara communities in Ibadan where our two 15MVA transformers were burned down by irate youths during the national fuel hike protests in 2012. This had cost the company over N150 million to rehabilitate," he said. On the fixed service charge, he explained that the N650 being charged was approved by the Nigeria Electricity Regulatory Commission (NERC) to enable all electricity distribution companies repair, service and maintain their installations such as transformers and other equipment.

However, Leynes pleaded for understanding of the consumers and hinted that his company has imported additional 200 brand-new transformers to enable it improve electricity supply to consumers in its coverage areas. "We are appealing for understanding and cooperation from you our dear customers. IBEDC is saddled with the challenges of operational and infrastructure expansions and upgrading, then to be set aback by vandalism. Our goal is to keep our feeders and installations safe and in excellent conditions," he said.

He also solicited the cooperation of the communities on protection of electricity facilities, adding that their support was needed to effectively curtail vandalism of electricity equipment and illegal connections. The IBEDC presently controls Oyo, Ogun, Ondo, Ekiti, Osun, part of Kwara and Kogi.

Copyright This Day. Distributed by AllAfrica Global Media (allAfrica.com).

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