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Glo Communications Loosing More Customers As Vendors Debt Gets Messier

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Globacom Nigeria is gradually losing grip on some of their one-time loyal customers as the huge debt the company owes Vendors, Wireless Applications Services Providers Association of Nigeria (WASPAN), lingers.
Some of the GLO service subscribers who are part of those owed have made a switch to other networks as they have lost trust and confidence in the Mike Adenuga owned company.‎
In a brief telephone chat with one of the over 48 companies owed by GLO, the embittered man who would like to maintain anonymity confirmed that as far as his office is concerned, they were all using GLO as their official lines, but as the telecommunication company is at verge of making them bankrupt, he passed an instruction to all those working under him to make a switch to other network which is more reliable, and poses no threat to his establishment.

Speaking to another Glo subscriber who has been on the network since inception, he confirmed since he heard about their many debts he has decided to make a switch to other network and as such advised all and sundry who might be on the network to exit before it will get too late.
“It’s so saddening and intolerable! I have been very loyal to this telecommunication company to the extent that I chose to invest in them but at the end of the day, they are proving that they don’t worth the commitment after all.

Another embittered investor confided in us that he is running bankrupt already just because he is trying to relate with the telecommunication company. “I took a loan from the bank so I can partner with GLO in providing wireless services. It has been over 3 years now, yet the company has blatantly refused to pay up and you expect me to stick with them? No! Things don’t work that way”, he voiced out over the phone.
Recall that few months ago, in a bid to recover the N2Billion debts, WASPAN had sent a petition to Nigeria Communication Commission (NCC) over the persisting issue with GLO but the company called the bluff of the regulatory commission and refused clearing the bills.
‎In the petition; WASPAN alleged that Globacom refused to pay them their 20% portion of revenue made by Globacom from Value Added Services rendered to its subscribers since 2013 which totals over N2billion.
They also complained that Globacom refused to give a detailed log of their services to show how much Globacom truly owes them. ‎
Although the company has paid just about 10 Percent of the total debt owed, it is believed that , if fully investigated, GLO owes more than the N2billion they claimed as the total outstanding debts and their chances of paying more is quite slim.

It could be recalled that based on the contract signed with the vendors, Globacom earns 80 per cent of the revenue on Value Added Services, while the vendors earn 20 per cent.
Globacom is believed to have made not less than N11.2 billion from the Value Added Services rendered by the vendors.
A member of WASPAN said on the development: “We believe Globacom is relying on its existence as a Nigerian company to influence the decision of the regulatory body as it has done in past dispensations.
“Even the second letter written to Globacom has not made Globacom to pay up because they wrote back to NCC saying that they are working on the payments.
“Globacom is just out to kill Nigerian companies.
“Globacom cannot claim to be verifying the authenticity of the figures because the internal memo by the Marketing Department’s Accountant, Head of Revenue Assurance Department, Head of Internal Audit, the Director of Finance and the Director of Treasury showed that work on the revenue accruable to us had been finalized.”

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1 Comment

1 Comment

  1. Ade

    December 6, 2015 at 8:11 pm

    We just need to stop using th network to make a point to some of these tyrannical organisations. Our collective voices can make a difference. Let us stand in solidarity with the growing companies that are being stifled to death because of greedy myopic owners if large companies

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Nigerian Selected for Prestigious International Writing Program

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Award-winning Nigerian poet, essayist, translator and author of short stories, Mr. Tade Ipadeola, has been selected to participate in the International Writing Program (IWP) Fall Residency at the University of Iowa, courtesy of the United States Department of State.

From September 1 to November 16, 2019, Ipadeola, the 2013 winner of the Nigeria Prize for Literature, joins 28 other accomplished writers from across the globe in the world’s oldest and largest multinational writing residency.

Over the course of 11 weeks, Ipadeola and the other participants will give readings and lectures that share their work and cultures, collaborate with artists from other genres and art forms, and travel to interact with audiences and literary communities across the United States.

In addition, the residency will provide the writers a one-of-a-kind inter-cultural opportunity to forge productive relationships with colleagues and translators, and take part in the vibrant social and academic life of the University of Iowa as well as the larger American literary scene.

United States Consulate Public Affairs Officer Russell Brooks congratulated the Nigerian writer on his acceptance into the residency program. According to him, the goal of the IWP Fall Residency is to provide outstanding writers with a platform for cultural exchange and collaboration.

“The International Writing Program Fall Residency is a unique experience for rising stars and established writers who have achieved literary distinction and have shown interest in contributing to the creative writing culture in their home countries.

“This program will enable Ipadeola to present his works and Nigeria’s literary culture to a wider audience. He will in turn learn more about U.S. society, culture, and the American people,” Brooks said.

Ipadeola has three published works, including The Sahara Testament, a poetry collection, which won the Nigeria Prize for Literature in 2013 and has been translated into Dutch, French, Spanish and Xhosa.  In 2009, he won the Delphic Laurel in Poetry for his Yoruba poem Songbird at the Delphic Games in Jeju, South Korea. In 2012, he translated Paid on Both Sides, the first dramatic work of renowned Anglo-American poet, W.H. Auden, into Yoruba as Lamilami.

To date, 34 Nigerian literary figures have participated in the IWP Fall Residency. Notable among them are Elechi Amadi (1973), Cyprian Ekwensi (1974), Ola Rotimi (1980), Femi Osofisan (1986), Niyi Osundare (1988), Festus Iyayi (1990), Lola Shoneyin (1999), Obari Gomba (2016).

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LAGOS PLEDGES SUPPORT FOR MILITARY SCHOOLS

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The Lagos State Government will be supporting secondary schools established by the military formation across the State to increase access to education for residents.

The move was disclosed on Wednesday by Governor Babajide Sanwo-Olu while receiving the General Officer Commanding (GOC) of the 81 Division of the Nigerian Army, Major-General Olu Irefin, on a courtesy visit at the State House in Marina.

Sanwo-Olu said the State’s intervention for the military schools would specifically address deficits in staff strength, training and teaching materials, promising that the Ministry of Education would be meeting with the Army leadership to agree on modalities of the partnership.

The Governor said: “Our administration is prepared to provide quality education to all our pupils in public schools. We will also be extending the same gesture to children attending schools established by the Nigerian Army, regardless of whether their parents are personnel or not.

“The Commissioner for Education will be meeting the Army’s education department for collaborations on recruitment of teachers and provision of teaching equipment. Our education policies and programmes will not be exclusive only to pupils in public schools. Those attending schools established by the military and private investors within the State will also feel the impacts of our government because we believe all of them are our citizens.”

Sanwo-Olu hailed the Army for its cooperation with his Government in the coordination of joint security operations across the State. He also reassured the Army of his administration’s commitment to strengthen the engagement of the “OP Mesa” – a joint military’s operational outfit – for improved performance.

Maj-Gen Irefin, who took over the leadership of the 81 Division on July 22, said his visit to the Governor was to seek support for schools owned by the Army and also to show appreciation to the Lagos Government on its “constant” logistic assistance rendered to the military formation in the State.

The Army chief thanked Sanwo-Olu for consenting to the Division’s request of support for its schools, stressing that the State Government’s interventions would boost the education services rendered by the schools to members of their host communities.

He said: “Our secondary schools which are mostly in the barracks accommodate 70 per cent of pupils whose parents are not military personnel. Most of the teachers in these schools are on temporary engagement, which could limit the services provided by these schools. This is the reason why we urgently need assistance to enrol teachers in our schools for permanent engagement.”

On the task of OP Mesa, Irefin said the Army would maintain constant assessment of its operations in the State to ensure that the personnel deployed for the engagement acted in line with rules and best practices.

 

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LAGOS, CHINESE GOVT TO PARTNER ON SKILLS EXCHANGE

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Lagos State Governor, Mr. Babajide Sanwo-Olu, has said his administration’s development agenda was aimed at leveraging the population of the State for sustainable socio-economic development.

The Governor said although the State was facing the challenges of growing population, his administration was prepared to turn the burden to opportunities by training people and equipping them with life skills.

Sanwo-Olu disclosed this on Monday while hosting the Consul General of the People’s Republic of China, Mr. Chu Maoming, in Alausa on a courtesy visit.

The Governor said his administration would be expanding the state government’s relationship with the Chinese government to build human capital by exposing young population in the State to training opportunities in diverse areas, including technology, agriculture, manufacturing, construction and cultural exchange.

“Lagos and China can learn from each other, because we share similarities in several areas. Both entities are both hugely populated, with Lagos being the most populous city in Africa. China has a huge population not only in Asia, but also in the world. Based on these similarities, we can promote value exchange that would lead to improved human capital development on both sides, Sanwo-Olu said.

“Lagos is growing by the day and we are faced with the challenges of catering for this population. We initiated a development agenda that is aimed at harnessing the potential of residents. We are looking forward to a mutually beneficial partnership with China, which would explore opportunity of technology transfer to build the skills of our young people.

Also, there are many exchange opportunities in Chinese manufacturing sector, agriculture, construction and culture. Our people need to take advantage of this opportunity for employment generation.”

Governor Sanwo-Olu observed that Lagos and China shared long history of collaborations, but added that his government would deepen the relationship.

Maoming said the Chinese private sector investors had concluded to increase the volume of trade with Lagos to the tune of billions of dollars, stressing that the investment would result in job creation and knowledge transfer.

He said: “I arrived Nigeria in May and I have visited a lot of Chinese businesses operating across the country, including Lagos. Today, there is good news. Chinese business community has concluded the plan to increase their size of investments in Lagos. The presence of Vice Chairperson of the China’s biggest oil company, National Offshore Oil Corporation, here today is an indication of the readiness of the Chinese business community to inject billions of dollars in the Lagos economy. We are exploring other areas of opportunity in which China and Lagos can cooperate to sustain our bilateral partnership.”

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