News

DSTV LOST THOUSANDS CUSTOMERS AFTER ATTACKING SYNAGOGUE CHURCH

Published

3 months ago

January 22, 2024

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

In a dramatic twist reminiscence of mass protests, thousands of Emmanuel TV fans, the broadcasting arm of Synagogue Church Of All Nations SCOAN are moving away with enthusiasm from the DSTV cable platform to Free to Air (FTA) Decoder.

This followed the delisting of the channel on the 17th January this year from its platform on an unsubstantiated allegation which viewers have described as “flimsy and spurious”.

Our investigations show that DSTV wrote to SCOAN alleging that viewers of Emmanuel TV were no longer strong enough for it to retain the Christian channel on its stable. But SCOAN disagreed with the DSTV’s allegation and made a request for an empirical proof which DSTV failed to provide and still went ahead to remove the channel in what looked like a premeditated decision.

Our investigations also show that Emmanuel TV before now had been under pressure and attack for “airing offensive broadcasts against the mental health of some people in the world”.

These so-called offended people are those in the categories of LGTBQ people who manifested and received deliverance during SCOAN’s services. This obviously is the crux of the matter as the church has no control over whom the holy spirit would arrest during its church services.

In Lagos, Nigeria, Mr. Mohammed Rasak, a technician has been experiencing a boom in his business. He stated how occupied he had been in the last few days installing HD Decoders for people. “I was wondering why so many people are buying HD Decoders not until these clients told me it was because of Emmanuel TV.

Personally I must confess I am a Muslim but DSTV has really fumbled by removing Emmanuel TV because we all love the channel and TBJoshua as a Christian Pastor that stands out in the world. We all knew him and saw his lifestyle; the great spiritual and philanthropic activities that were all transparent to see.

His life was practical, even we Muslims love him because of his outstanding legacies in body soul and spirit. Nobody can tell us nonsense about him. It’s a good season for my business”.

Consequently, SCOAN in its Sunday service had announced its migration from DSTV, GOTV and all other pay cable platforms asking all Emmanuel TV viewers across the globe to follow suit to Free To Air FTA High Definition HD Decoder, Apple TV, FireTV stick, Roku TV, Google TV all to be downloaded on the Apple Store and Google Play where “accessing Emmanuel TV is about to become more versatile, more convenient and more reliable”.

That was the command and it has gone like a bush fire among its members and lovers of Emmanuel TV.

A career diplomat who does not want his name in print has this to say:
“I really don’t have facts on the matter but my immediate thought from the smokes was that it has to do with the same issue YouTube frowned at which is talking about homosexuality.

The west is very intolerant of any criticism of the demonic practice. DSTV may actually be fighting a proxy war for the west” he said.

The migration from DSTV family is now ‘operation totality’. From the South to North and East to West especially in the African continent where we have tried to feel the pulse of the people.

Mrs okuwengu Nancy a public affairs guru in East Africa has this to say: “I understand that being with DSTV is not at all a cost effective venture because it is ridiculously expensive for both the church and users. I also noticed from various calls made to me by Kenyans and Nations around that they too will no longer use DSTV because they mainly needed it for Emmanuel TV. The only thing they will miss in DSTV is football but other streaming services like Netflix are cheaper and give equally good entertainment like movies. People are moving to free to air decoders”.

Mr. Nematandam Kirstan, a South African tycoon has this to say:
“The biggest looser is DSTV. With the latest technical innovations we can watch Emmanuel TV in various platforms. Your mobile phone creates lots of platforms for you. Many are now moving to watch Emmanuel TV on Free to Air channel.

What happened to the era of the print media? You can now access any newspaper on your mobile. AI is now giving challenges to institutions of higher learning. Stock markets are running Helter skelter because AI assists traders to trade with ease. Pay TV will soon run out of subscribers.

“Of course ours could also be a spiritual thing but it’s too late now. God has created more platforms for Emmanuel TV.

Emmanuel TV will increase its viewership because of the Free to Air Decoders, social media etc. Ordinary people who could not afford DSTV can now enjoy the blessings of Emmanuel TV “.

To Hillary Njau in Tanzania: DSTV attack on Emmanuel TV is actually a blessing in disguise. It has created more awareness for it and many people including fresh ones are all moving to Free to Air Decoders because of Emmanuel TV”.

Mr. Kabango from Malawi was visibly angry with the DSTV’s decision:
“Well, the motive behind the whole movie does not make sense to me. Look here, how can praying for someone who freely decided to come to church and ask for God’s help with same-sex attraction issues now be classified as hate speech?

“Are people forced to go to church? No! Are people pressed to be delivered? No! So, why make a decision which will affect millions of people who bank on the channel for prayers on such a premise?

“Where I stay, about 30people gather at one house to watch prayers on Sunday. Closing the channel means these people would not be able to watch prayers just because of someone who feels his/her right has been violated. Dstv is not fair by its autocratic decision but thank God for free to air decoder now available”.

To Winnie Nations, a media practitioner in in East Africa:
“It’s anachronistic for DSTV to delist Emmanuel TV especially now in the light of the unacceptable BBC poor movies called investigative journalism. Their objective is to leave Emmanuel TV viewers hanging and possibly get them scattered so that if possible they won’t hear of the church again. But God is greater than them all. The gate of hell shall not prevail. We understand their deceits because God has given us grace to see beyond their conspiracies. Emmanuel TV is moving higher with free to air Decoders that people are now trooping to have”

Mr. Orji Onyekwere in Lagos has this to say in his reaction:
“It’s really surprising Knowing that Emmanuel TV has a lot of followers all over the world and that also means more subscription for the DStv and GOtv channels. However, you cannot remove the role of the imperialist, I mean the world powers; who are now doing everything to turn the Bible upside down by encouraging gay practice and doing everything to make sure the whole world accepts that misnomer. So, by yanking Emmanuel TV off the DStv and GOtv channels, they are determined to fight the church through all means.

They know how powerful Emmanuel TV is and the lives the channel have touched and is still touching but nobody can fight God.

“Going on free to air platforms will also afford a lot of the faithful that cannot subscribe to the exorbitant price of DStv and GOtv bouquets to get a more profitable alternative that will cost them nothing.

“So, it’s all the pay Tv platforms that are losing this time and not Emmanuel TV or Synagogue Church Of All Nations SCOAN”.

Mr. Abraham Showunmi, a Forensic Chartered Accountants was completely upset by the erratic decision of DSTV against Emmanuel TV:
” I have four DSTV decoders for my different outfits. They called me for a promotional offer.
I declined the offer for the sole reason that they removed Emmanuel tv from their decoder.
They promised to get back to me. I told them that it’s not necessary because I will never subscribe to them again.

From this charade of both BBC and DSTV, I can see that the time for our church’s promotion has come with all these trials of faith and persecutions.The Lord is our strength.
Love is our weapon against our enemies. Our battle is the Lord’s” he stated.

From all indications, notwithstanding the DSTV’s bullets against Emmanuel TV, the SCOAN’s Christian channel is waxing stronger as more platforms are now available for its lovers.

News

Transcorp Group delivers impressive Q1 2024 performance; sustains revenue growth of 173% and PBT of N45 billion

Published

5 hours ago

May 3, 2024

august24admin

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading, listed conglomerate with investment in the Power, Hospitality, and Energy sectors, has announced impressive Q1 financial results for the period ended March 31, 2024.

In its Q1 2024 unaudited results, Transcorp reported significant year-on-year growth, with revenue rising to N88.6 billion from N32.4 billion in 2023, representing a 173% increase.

The impressive results are largely driven by a remarkable 209% year-on-year revenue growth within the power business, highlighting significant strategic progress as part of Transcorp Group’s implementation of its integrated power strategy.

The hospitality business recorded a 68% year-on-year growth in revenue, driven by an increase in occupancy rate from 75% to 82% compared to the previous year.

The results show substantial growth across all financial indicators, reinforcing its market leadership and strategic positioning.

Highlight of Transcorp Group Results:
• Q1 2024 Revenue was N88.6 billion, a significant increase of 173%, compared to Q1 2023.

• Operating income increased by 479%, from N8.5 billion in Q1 2023 to N49.1 billion in Q1 2024.

• Operating expenses saw an increase of 40% year on year to N8.2 billion in Q1 2024, reflecting the impact of inflation and cost of operations.

• Net finance cost increased by 14% to N3.7 billion in 2024 from N3.2 billion in 2023 due to a slightly higher interest rate review in line with MPR.

• Profit before tax from ordinary business of the Group surged by 1110%, amounting to N34.7 billion in Q1 2024, compared to N2.9 billion in Q1 2023 in the same period last year.

• Profit before tax inclusive of extra ordinary income was N45.7 billion in 2024 compared to N2.9 billion in 2023.

• The Group recorded extra ordinary income of N11 billion during the period from the realised gain from the sale of shares.

• Profit after Tax including the extra ordinary income improved 1832% year-on-year to N35.9 billion in Q1 2024, compared to N1.9 billion in Q1 2023 in the same period last year.

• Earnings per share of the Group was N61.12k in Q1 2024, compared to N2.58k in Q1 2023.

• On the balance sheet, total assets grew by 8.3%, from N530 billion in December 2023 to N574 billion in Q1 2024 due to the increase in operational activities.

• Shareholders’ funds increased by 20% from N187billion in December 2023 to N224 billion at the end of Q1 2024 due to profit accreted to retained earnings.

In response to the results, Dr. Owen D. Omogiafo, President/Group Chief Executive Officer of Transcorp, commented, “Our Q1 2024 results demonstrates Transcorp Group’s resilience and commitment to excellence.

Despite the challenges, we achieved growth across all major indices, focusing on operational efficiency at both our power plants, and maximising opportunities within our hospitality business, showing our ability to adapt and succeed in changing markets.

We will continue to deliver sustainable growth, operational efficiency, and value for our shareholders.”

This robust achievement is a further demonstration of the Group’s strategic focus and effective execution. Transcorp is dedicated to its transformation agenda, emphasising sustained growth and a relentless pursuit of long-term value for shareholders.

About Transnational Corporation Plc (Transcorp Plc)
Transnational Corporation Plc (Transcorp Group) is a leading, listed African conglomerate, with strategic investments in the power, hospitality, and energy sectors. Driven by its mission to improve lives and transform Africa, Transcorp has built a longstanding reputation for sector transformation, operational excellence, and exceptional financial performance, delivering value to its shareholders.
In the power sector, Transcorp’s businesses – Transcorp Power Plc and Transafam Power – provide over 16% of Nigeria’s installed power capacity.

Through its investments in the energy sector including OPL287, Transcorp is developing Nigeria’s domestic energy value chain.

The Group’s listed hospitality business, Transcorp Hotels Plc, owns the iconic Transcorp Hilton Abuja, Nigeria’s flagship hospitality destination, and Aura by Transcorp Hotels, a digital hospitality platform enabling travellers to book accommodation across Africa.

News

AEDC Partners with Government and Stakeholders to Tackle Power Challenges in Nasarawa and Niger State.

Published

6 hours ago

May 3, 2024

august24admin

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Amid mounting concerns over erratic power supply in Nasarawa State, Abuja Electricity Distribution Plc (AEDC) has reaffirmed its commitment to addressing the electricity challenges facing the region.

Rt. Hon. Danladi Jatau, Speaker of Nasarawa State House of Assembly (middle), alongside Yakubu Suleiman Umar, GM of Nasarawa Electricity Power Agency (fifth left), and Engr. Johnathan Adeyemi, Chief Business Officer of Kogi, Niger, and Nasarawa (KNN) regions (sixth right), and other delegates engaged in a crucial dialogue on electricity service enhancement at the Nasarawa State House of Assembly, Lafia on April 30th, 2024.

Engr. Jonathan Adeyemi, AEDC’s Chief Business Officer for Kogi, Niger, and Nasarawa, represented tye Disco at the Nasarawa State House of Assembly on April 30th, 2024, following its summon by the assembly to address the pressing issues.

Acknowledging the frustrations of residents grappling with inconsistent electricity provision, AEDC assured Niger State’s residents of its proactive measures to ameliorate the situation. Promising increased allocation contingent on national generation improvements, AEDC emphasized its dedication to meeting the energy needs of the community. Engr. Adeyemi also urged residents to embrace the deregulation of prepaid meters to expedite their deployment, thus facilitating more efficient monitoring and management of electricity consumption.

During constructive discussions with representatives from the Nasarawa State House of Assembly, both entities resolved to collaborate towards enhancing customer satisfaction and improved service delivery.

In Niger State, AEDC is working to proactively ensure the safety and security of its personnel and infrastructure. Engr. Samuel Odekina, the Niger State Regional Manager and his team, paid a courtesy visit to key law enforcement officials, including the Commissioner of Police, Niger State, CP Ebenezer Danmamman, and the Commandant of NSCDC Niger State Command, Cmdr. Joachin Okafor, on April 26th, 2024. The aim was to foster a conducive environment for reliable electricity supply by addressing pertinent security concerns.

Through continued dialogue and cooperation among AEDC, government agencies, and customers, there exists a shared determination to surmount challenges and improve the electricity landscape in both Niger and Nasarawa state respectively.

Customers were advised to escalate all electricity-related issues via AEDC’s social media platforms or its offices for technical or commercial support.

News

Tree4Life Project: NEPL/Seplat JV, Edo Sign Reforestation Agreement

Published

19 hours ago

May 2, 2024

august24admin

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State Government have signed an agreement that will see the state government allocate 6,000 hectares of land from its protected forest reserves to enable a large-scale tree planting initiative by Seplat Energy Plc.

This is in furtherance to the Seplat Tree4Life Initiative and the Edo State Government’s identification of the need to increase forest cover and carbon sequestration efforts within the region.

Seplat Energy has been selected as the partner to implement this reforestation project, which aims to plant millions of indigenous trees on the allocated land over the next five (5) years. This project represents a significant investment in environmental conservation and sustainable development for the state.

Speaking at the agreement signing ceremony, which happened in Edo State Government House, the Managing Director, Seplat West Limited, Seplat Energy, Ayodele Olatunde, said the partnership will contribute in the global efforts around mitigating the effects of climate change, whilst providing economic, social, health and other environmental benefits to the region.

“This will stir more advocacy as far as climate change is concerned and put the Edo State Government with the Seplat JV on the map as change agents. The partnership is well aligned with our Tree4Life Initiative and has the capacity to boost our economy and the environment; advance our soil health and drive carbon capture; preserve our ecosystem; enhance biodiversity; create jobs; conserve our forests; and promote physical and mental wellbeing of our people,” Olatunde said.

The Commissioner for Environment & Sustainability, Edo State, Joshua Omokhodion, said the synergy between Edo State and the Seplat JV is a huge attempt at mitigating the impacts of climate change in Nigeria. “Beyond the economics of this move, the science of it is very important to us because it is an attempt to deliberately create an ambience that will be conducive for humans and other creatures here.”

The Director, External Affairs & Social Performance, Seplat Energy, Chioma Afe, in her address, thanked the Edo State Government for partnering with the NEPL/Seplat JV on this sustainable journey of reforestation. She said: “This will drive forward our shared goals of environmental conservation and sustainable land use.

“These 6,000 hectares of land being allocated today, we believe, will provide a major boost to efforts at increasing tree cover and also to sequester carbon in our region. We believe also that this will not only tackle climate change, but will promote the local economy as well as local wildlife. The agreement demonstrates the NEPL/Seplat JV strong commitment to supporting impactful environmental projects.

The Managing Director, NEPL, Nicolas Foucart, represented by Mr. Uzoma Ezulu, DM Operations Management Seplat, NEPL, said the partnership between the state government and NEPL/Seplat JV is a laudable response to the global warming crisis. “The world is turning around for the worst; human activities in the name of development have done more harm than good to the environment. The Tree4Life project, therefore, is a conservative effort for all of us,” he said. Teasoo Consulting Limited was also among the facilitators of the agreement signing ceremony.