November 27, 2022
11 11 11 AM
12TH LARGEST CITY IN NIGERIA: IKORODU NEWS NETWORK (INN) SET TO RELEASE MUSIC VIDEO, PROMOTING LAGOS WATERBED REGION, CAMEO APPEARANCE BY FOLA TINUBU, JIMI BENSON, FOLASHADE, AMA, OTHERS ®™√ INN Nigeria ©
FOURTH MAINLAND BRIDGE: LAGOS TO ANNOUNCE PREFERRED BIDDER BY END OF 2022 AFTER SHORTLISTING THREE FOR RFP STAGE II ®™√ INN Nigeria ©
GIVING FOR LIVING FOUNDATION COLLABORATE DIVINE HERITAGE CHILDREN’S CENTRE, MARKS ORPHAN DAY WITH PROVISION OF RELIEF ITEMS FOR LESS PRIVILEGED KIDS ®™√ INN Nigeria ©
MASSIVE CAMPAIGN FOR ASIWAJU IN LAGOS, TINUBU URGES NIGERIANS TO PREVENT PDP FROM NATION’S COMMONWEALTH, ASK LAGOSIANS TO RE-ELECT SANWO-OLU ®™√ INN Nigeria ©
CHIEF SHODERU INSTALLED AS 4TH PRESIDENT OF ICCI, SENATOR ABIRU EXPRESSES OPTIMISM ABOUT NEW LEADERSHIP ®™√ INN Nigeria ©
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12TH LARGEST CITY IN NIGERIA: IKORODU NEWS NETWORK (INN) SET TO RELEASE MUSIC VIDEO, PROMOTING LAGOS WATERBED REGION, CAMEO APPEARANCE BY FOLA TINUBU, JIMI BENSON, FOLASHADE, AMA, OTHERS ®™√ INN Nigeria © FOURTH MAINLAND BRIDGE: LAGOS TO ANNOUNCE PREFERRED BIDDER BY END OF 2022 AFTER SHORTLISTING THREE FOR RFP STAGE II ®™√ INN Nigeria © GIVING FOR LIVING FOUNDATION COLLABORATE DIVINE HERITAGE CHILDREN’S CENTRE, MARKS ORPHAN DAY WITH PROVISION OF RELIEF ITEMS FOR LESS PRIVILEGED KIDS ®™√ INN Nigeria © MASSIVE CAMPAIGN FOR ASIWAJU IN LAGOS, TINUBU URGES NIGERIANS TO PREVENT PDP FROM NATION’S COMMONWEALTH, ASK LAGOSIANS TO RE-ELECT SANWO-OLU ®™√ INN Nigeria © CHIEF SHODERU INSTALLED AS 4TH PRESIDENT OF ICCI, SENATOR ABIRU EXPRESSES OPTIMISM ABOUT NEW LEADERSHIP ®™√ INN Nigeria ©
Nov
2022
24

SANWO-OLU SEEKS STATE GOVERNMENT’S INPUT IN ELECTRICITY BILL AS LASG, USAID PARTNER TO BOLSTER ENERGY FOR LAGOS RESIDENTS ®™√ INN Nigeria ©

fb img 16693005257404417158983821610619 Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday appealed to members of the House of Representatives to allow input of sub-national governments in the Electricity Bill 2022 to unbundle knotty issues surrounding generation, transmission and distribution of power in Nigeria.
Governor Sanwo-Olu made the appeal at Lagos House, Ikeja during the handover ceremony to celebrate the completion of the Lagos State Integrated Resource Plan (IRP) to bolster the overall energy security for residents, which was commissioned in partnership with the United States Agency for International Development USAID, and Power Africa as part of the Nigeria Power Sector Programme, PA-NPSP.
The Integrated Resource Plan serves as a roadmap and blueprint to improve sector planning and coordination while providing guidance on Lagos State energy development requirements to stakeholders, including federal and state agencies, regulators, power generators, electricity transmitters and distributors, investors, and consumers.
The Integrated Resource Plan will improve sector planning and coordination to provide stable and sustainable energy to all citizens and businesses. The Plan will also outline resource development plans for the next 20 years to meet the long-term electricity needs of the State’s residents, businesses, industries, and public/government premises such as hospitals and health clinics. The U.S. Agency for International Development (USAID) Power Africa Nigeria Power Sector Programme, in partnership with the Government of Lagos State developed the plan.
Speaking at the event, Governor Sanwo-Olu who disclosed that Lagos is the first State to come up with IRP initiative noted that despite privatisation, a lot more is needed to be done in the power sector and it will be better for each State to identify and proffer solutions to their peculiar power needs. He said: "There has been some form of privatisation but we still need a lot more. There is a bill that is currently with the National Assembly, specifically in the House of Representatives that we need to make a big case about. We want our input in the bill. We want the members of the House of Representatives to call sub-national; states so that we can have proper input into the bill and finally unbundle all of the bottlenecks in the power sector.
"We can sit down together and bring about a bill that is bankable; a bill that will help private sector funding and financing in today's sector and a bill in which everybody can move at their pace; every location can actually analyse what their demands are and what their future demands would be. This kind of bill will help all of us do a good job of our worth."
Governor Sanwo-Olu also urged stakeholders, including the top officials of Ikeja electric and Eko Disco who were at the handing-over ceremony not to leave the document on the shelf.
"We can indeed make this economy work for our people. We can make it work for small and medium businesses and cooperate to have access to their power need. It is only when we do that that we will trickle-fold the GDP of this State and of course by extension, the GDP of this country. "I want to say to every member that this is a job cut out, we cannot go to sleep. This document should not just stay on our shelf, it is something that we need to analyse and digest," the Governor said. The United States Consul-General, Lagos, Mr. Williams Stevens, in his address described electricity as the basis of economic growth, trade and investments, adding that the United States government is excited to partner with Lagos State.
“The U.S. government is committed to expanding and supporting the modernization of Lagos’s energy sector, building a foundation for broad and inclusive economic and social development. This Integrated Resource Plan is a concrete testament to the partnership between the United States and Lagos State as we both work together to create a sustainable and equitable future,” he said.
Speaking earlier, Lagos State Commissioner for Energy, Mr. Olalere Odusote, described the IRP as a milestone, which will gradually take Lagos distribution away from the national grid.

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday appealed to members of the House of Representatives to allow input of sub-national governments in the Electricity Bill 2022 to unbundle knotty issues surrounding generation, transmission and distribution of power in Nigeria. Governor Sanwo-Olu

Sep
2022
26

BLACKOUT AS NATIONAL GRID COLLAPSES AGAIN! ®™√ INN Nigeria ©

electricity6800361584107662977 <p>
Nigeria’s electricity national grid has collapsed again, the 6th time this year.
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The last national system collapse was recorded on the 13th of June 2022.
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Checks by Vanguard on National System Operator’s data showed that as of noon today no power generation plant was on the grid.
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Further checks showed that as of 10 am, 19 plants were generating a combined 3,302 Megawatts with Shiroro Hydro at 573MW.
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In a notice to its customers, the Enugu Electricity Distribution Company PLC, EEDC, informed its “esteemed customers of a system collapse which occurred at 10:51 am today, 26th September 2022. This has resulted in the loss of supply currently being experienced across the network.
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“Due to this development, all our interface TCN stations are out of supply, and we are unable to provide service to our customers in Abia, Anambra, Ebonyi, Enugu and Imo States.
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“We are on standby awaiting detailed information of the collapse and restoration of supply from the National Control Centre (NCC), Osogbo”, the statement by Emeka Ezeh, Head, Corporate Communications, stated.
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The Transmission Company of Nigeria, TCN, which manages the grid was yet to advance reasons for the latest collapse at the time of filing this report.

Nigeria’s electricity national grid has collapsed again, the 6th time this year. The last national system collapse was recorded on the 13th of June 2022. Checks by Vanguard on National System Operator’s data showed that as of noon today no power generation

Apr
2022
11

TAOREED BABAJIDE HAKEEM (ACA), AK IS OK FACILITATES 500KVA TRANSFORMER TO OLORUNTEDO CDA OF IGBE KAPO IN IJEDE LCDA ®™√ INN Nigeria ©

img 20220411 wa00017E22173993320618892464. Honourable Taoreed Babajide Hakeem (ACA) an aspirant in Ikorodu constituency II, for the forthcoming 2023 general elections has facilitated a 500Kva Transformer for the good people of Oloruntedo CDA Igbe Kapo in Ijede LCDA, Ikorodu, Lagos State.
The CDA Chairman Fabuluje Titus and the executive members of Oloruntedo CDA welcomed Hon. Hakeem B. Taoreed and his team to the community upon installation of the transformer. During the installation, the Honorable thanked the Executive Governor of Lagos State Government “Mr Babajide Olusola Sanwo-Olu", Commissioner for Local Government and Community Affairs “Dr Wale Ahmed", Director Community Affairs “Alhaja Ewunmi" and Engr. Danko Abiodun for their selfless service to the State. He further assured his constituents that more infrastructural projects, youth empowerment programmes, and job opportunities, amongst others, would be facilitated to the communities under his representation upon his election come 2023.
The residents are thus assured of enjoying the great and unending dividends of democracy from electing Hakeem Babajide TAOREED "a selfless and proficient public servant of great promise" as an honourable member of the Lagos State House of Assembly in the forthcoming 2023 elections on the platform of the ruling All Progressive Congress (APC ) for the seat of Ikorodu Constituency II (Igbogbo-Baiyeku, Ijede and Imota). Comrade Babatope expressed his appreciation on behalf of the committee for the kind gesture to the community and showered Honourable Taoreed Babajide Hakeem (ACA) with prayers. He also took time out to express several steps taken to get a standard transformer to the community with promises from various quarters however the promises gotten were fruitless and unfulfilled as the community has been in total darkness for over 4months. He further emphasised that the transformer which serves over seven CDA's within the Igbe kapo community has brought delight and said that the good people of Ikorodu Constituency II can be rest assured that they will be well represented at the Lagos State House of Assembly come 2023. In response, Honourable Hakeem (ACA) further appreciated the community for their warm reception even though he never expected the funfair. He further thanked the executive members of the CDA and the residents for their kind gesture in making sure that the Igbe community (Oloruntedo CDA and environ's ) is well developed. He also sought the support of the community towards his ambition at the Lagos State House Assembly Constituency II and promised quality representation to the people of Ijede, Igbogbo-Baiyeku and Imota when elected in 2023. The 38years old certified forensic accountant and criminal intelligence officer also rolled out his programs centred on youths, women and the aged within the constituency tailored towards serving the people with all his heart. The executives and members of the community (Oloruntedo CDA) took turns showering the Chartered taxation expert with prayers and accolades.

Honourable Taoreed Babajide Hakeem (ACA) an aspirant in Ikorodu constituency II, for the forthcoming 2023 general elections has facilitated a 500Kva Transformer for the good people of Oloruntedo CDA Igbe Kapo in Ijede LCDA, Ikorodu, Lagos State. The CDA Chairman Fabuluje Titus

Mar
2022
31

NERC TO REVIEW ELECTRICITY TARIFF EVERY 6 MONTHS OVER FX, INFLATION AS POWER MINISTER BEGS NIGERIANS FOR SUPPORT OVER GRID COLLAPSE ®™√ INN Nigeria ©

shutterstock 1467284994525150171523984914 The Nigerian Electricity Regulatory Commission (NERC) will conduct a minor tariff review every six months to reflect the economic situation, especially the disparity between the naira and other major currencies, specifically the dollar.
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NERC Chairman, Sanusi Garba, who disclosed this, yesterday, said the commission was not implementing tariff review in secrecy.
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Speaking at a media briefing in Abuja, yesterday, Garba said: “We will adjust the rate every six months to take care of the foreign exchange component of costs, and also inflation. This is a very straightforward thing.”
Although the chairman said the rate might not necessarily be an upward review, Nigeria’s foreign exchange rate has maintained an upward path as the naira is being devalued. Inflation has also remained on the high side, implying that should the indexes continue to go up, the tariff review would follow a similar trend unless the indexes are downward.
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Garba noted that the prevailing situation, especially the vandalism of pipelines, has been affecting the gas supply to power plants, adding that the development remained a major reason for the worsening state of electricity in the country.
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He said discussions are on bringing new gas plants on the grid to address the shortfall currently being witnessed in the grid.
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The commission blamed the loss of about 400 megawatts of electricity and challenges on some electricity networks for the double collapse of the nation’s grid on Monday and Tuesday evening.
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According to him, stakeholders, including the Nigerian National Petroleum Company Limited, are working hard to resolve prevailing challenges.
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Garba also told journalists that DisCos are being forced to pay back to consumers where they have been billed illegally, adding that the company will do everything possible to protect the interest of consumers.
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He said Jos DisCo was made to refund N200 million back to consumers for poor service, adding that capping of estimated bills is also to protect consumers against arbitrary charges.
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While admitting that the generation companies are being owed legacy debts, he noted that the government is clearing other debts.
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The Minister of Power, Abubakar Aliyu, noted that the current challenges of electricity supply in the country are being resolved with the ongoing restoration of normal operations.
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According to him, the current energy crisis confronting some key sectors of the economy also contributed to the problems being faced in the power sector.
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“We are where we are today also because of the increasing vandalisation of pipelines that also supply gas to the power plants. This too is being resolved in collaboration with the relevant agencies. NNPC and other gas suppliers are working relentlessly to restore gas supply for optimum power supply.
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“Government is doing everything – working with the relevant security agencies – to stop vandalisation of pipelines,” Aliyu said.
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The minister said the challenges do not in any way indicate that the ongoing rehabilitation of the national grid by the government is not yielding results, adding that despite all the challenges, the government was recording successes and the grid is being restored to full operation.
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Aliyu solicited the support of Nigerians, stressing that efforts would continue to increase to stabilise the electricity supply across the country.
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Meanwhile, Power Generation Companies (GenCos) have lambasted the Nigerian Bulk Electricity Trading Company over claims that the investors were duly paid.
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In a statement issued by the GenCos, the companies accused NBET of deliberately redirecting the focus from its inability to carry out its obligations, which has thrown the GenCos in a financial quagmire, by focusing its insistence on the payments from the Payment Assurance Facility (PAF).
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“It is imperative to state that the PAF payments were never envisioned in the power purchase agreement (PPA). However, due to the bulk trader’s inability to fulfil its payment obligations, the Federal Government introduced the PAFs as interventions. Nevertheless, these interventions neither fully settled (dual involvement of capacity and energy) the GenCos’ invoices nor settled the historical debts,” the GenCos said.

The Nigerian Electricity Regulatory Commission (NERC) will conduct a minor tariff review every six months to reflect the economic situation, especially the disparity between the naira and other major currencies, specifically the dollar. NERC Chairman, Sanusi Garba, who disclosed this, yesterday, said

Mar
2022
11

TCN: IKORODU RESIDENTS TO ENJOY CONSTANT ELECTRICITY NOW ®™√ INN Nigeria ©

3124277634802446757828. Residents of Ikorodu in Lagos State will now enjoy more hours of electricity supply following the installation of a 60MVA 132/33kV power transformer in the area.
In a statement, TCN said that the transformer which was installed by the in-house engineers was energised at about 13.05pm on March 2, 2022.
The statement added that with the new 60MVA power transformer, the substation’s capacity to supply bulk electricity to Ikeja Electricity Distribution Company (DisCo) has increased by 30MVA.
“This is because TCN has decommissioned an old 30MVA transformer within the substation, which will be serviced and moved to other areas within its network that has a history of minimal electricity demand.
“This substation capacity upgrade will ensure that more power is made available for Ikeja Distribution Company (IKEDC) to take to its franchise areas within Ijede and Ikorodu Local Government area axis” TCN, said.
Meanwhile, the Managing Director of Niger Delta Power Holding Company Limited (NDPHC), Mr. Chiedu Ugbo has expressed optimism that the installation of Lafia Transmission Substation would become Nigeria’s transmission hub with back feed to Abuja.
He noted that the substation would supply constant electricity to over 1 million households and businesses adding that the facility which is expected to boost electricity supply to at least one million households and businesses, will greatly improve the wellbeing of Nigerians in Nasarawa State.
Recall that the new 2X150MVA and 2x60MVA 330/132/33KV transmission substation built by the Niger Delta Power Holding Company Limited (NDPHC) was commissioned by President Muhammadu Buhari, recently.

Residents of Ikorodu in Lagos State will now enjoy more hours of electricity supply following the installation of a 60MVA 132/33kV power transformer in the area. In a statement, TCN said that the transformer which was installed by the in-house engineers was

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