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Scams to look out for this Black-Friday

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AS the curtain comes down on the year 2021, the buzz word this week will be Black Friday.

For those who are not up to speed with the concept, Black Friday is a colloquial term for the Friday following Thanksgiving Day in the United States.

Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.

This American concept has fast become a global trend and this coming Friday, the shopping frenzy continues.

This Black Friday comes at the backdrop of dire socio-economic challenges.

While many of us will be shopping around for those crazy deals and discounts, there are some threats and scams one needs to take note of.

According to the Cnet publication, these are some of the things we need to look out for this coming Black Friday:

1. Look out for fake websites and fraudulent apps

According to tech experts, the phishing concept’s goal is for hackers to get their hands on your personal information, like your credit card number, social security or account password. Pretending to be a large retail corporation, the fraudsters send out an official-looking email or text message, usually with a link to a fraudulent website designed to look just like a legitimate site. According to experts, if you receive an email asking you to update your payment method or requesting other personal information, contact the company’s help desk to make sure the email is legit before you do anything else.

2. Card scams can also happen digitally

This, according to experts, happens when a hacker places an object over a card reader, disguised to look like part of the ATM, and then waits for people to swipe their cards. A day or week later, the thief takes the object known as a skimmer back and collects the mountain of stolen card information stored inside, which they can then use to make purchases, withdraw money and more. Tim Mackey, principal security strategist for Synopsis, suggests that people don’t save the card details on retail websites. He also suggests that if possible, one should use a third-party payment method like Apple Pay, Google Wallet or PayPal.

3. Try to wire all your transfers

According to Health Care Family magazine, on this Black Friday, try and use your credit card to purchase goods. It offers you the most protection against purchases that don’t turn out to be what you expected. A debit card can be a good choice, too, if you’re only shopping at stores and sites you trust and frequent often.

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Reps Committees probes identities of contractors involved in N18.9b bush clearing contracts

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The Public Account Committee of the House of Representatives, PAC on Wednesday, resolved to unmask the real identities of the owners of the companies which took contracts valued the sum of N18.9 billion from the Federal Ministry of Agriculture and Rural Development for clearing of bushes, land preparation, rehabilitation of soil plant lab and others during the last COVID-19 lockdown of the country.

The resolution followed the appearance of representatives of two of the 20 affected companies at the resumed investigative hearing of the Committee on queries to Ministries, Departments and Agencies, MDAs of the federal government by the Office of Auditor General of the Federation.

The affected companies are: Easy Construction Company LTD and NUKAAG VENTURES LTD respectively while the remaining 18 companies failed to show up.

The Committee being chaired by Hon Wole Oke (PDP-OSUN) said that the two representatives of the Companies (Johnson Philip and Taiwo Idowu), were of the Managerial cadre and as such not competent to appear before the Committee going by the Rules of the House.

Responding to a question posed by the Chairman of the Committee on whether they were familiar with the submission submitted to the Committee on the award and execution of the contractors so as not to mislead it, they both said no.

Consequently, the Committee directed the duo to leave immediately and directed that the Managing Directors or Chairmen of the companies should personally appear before it and speak to the submission before the Committee.

In addition, Hon Oke directed the Clerk of the Committee to write to the Registrar General of the Corporate Affairs Commission, CAC to furnish the Committee, the detailed information of the affected 20 companies, including year of incorporation, Corporate offices, names of the owners, shareholders amongst others.

According to him, “we are not concerned about who won the contracts, what we are after is to deter value for money paid out and the sites of the projects, and we will carry that mission to the latter.

“The Clerk should also write the Federal Inland Revenue Services, FIRS, to furnish the Committee about the financial status of the companies.

Hon Oke assured that the Committee would carry out a diligent investigation into the matter as it was interested in finding out the location of the projects and the significance of such projects to the country.

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NEWS

Blackout looms as IKEDC stops operations

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The Ikeja Electricity Distribution Company (IKEC) has announced a shutdown of operations following the issues between the National Union of Electricity Employees and the Transmission Company of Nigeria (TUC).

In a statement on Wednesday via its verified Twitter handle, @IkejaElectric, the Disco announced the shutdown of operations.

The statement read partly, “Due to the ongoing nationwide picketing of Transmission Stations by the NUEE, we are currently experiencing disruption of power supply as most stations within our network have been shut down.

“Kindly bear with us as we await an amicable resolution by the relevant stakeholders.”

Organised labour had on Tuesday directed workers in the power sector to shutdown and commence an indefinite strike over pending issues with the TCN.

The aggrieved workers under the aegis of the NUEE were at the Abuja national headquarters of the TCN Tuesday as a prelude to the proposed strike.

The union noted that the strike was in protest of a directive by the TCN Board mandating all PMs in acting capacity going to the Annual General Meeting to appear for promotional interviews.

In a circular titled, ‘Call to Action,’ which was addressed to senior assistant general secretaries and zonal organising secretaries, dated August 15, 2022, the General Secretary of the NUEE, Joe Ajaero, directed electricity workers to ensure total compliance, vowing to paralyse operations of the TCN nationwide over anti-masses activities.

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Electricity workers’ strike throws South-East into blackout

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Power distribution has been halted completely in the entire South-East States.

This follows the industrial action embarked upon by the National Union of Electricity Employees (NUEE) at the Transmission Company of Nigeria (TCN) power stations.

The development threw the five South-East States into a total blackout, Wednesday afternoon.

Emeka Ezeh, Head Corporate Communications, EEDC, confirmed that that operations across the franchise area of the Enugu Electricity Distribution Company PLC (EEDC) have been disrupted.

He said, “as a result of this development all our feeders are out of supply and this has affected supply to our esteemed customers in Abia, Anambra, Ebonyi, Enugu and Imo States.

“Consultations are ongoing among critical stakeholders in the power sector to address this issue and possibly restore supply.

“The Management of EEDC hereby encourage customers and neighbourhood associations to be vigilant and protect the electrical installations within their environment against elements who might take advantage of this outage to vandalise these installations.”

“We, therefore, appeal for continued patience and understanding while this is resolved,” he noted.

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