Energy

NLC Strike: Kaduna in Total Blackout

By Web News 905

There is total blackout in Kaduna as electricity workers join a strike called by the Nigeria Labour Congress, to protest the sacking of civil servants by the state government.

Kaduna Electric Distribution Company (KAEDCO), Head of Corporate Communication, Abdulazeez Abdullahi, in a statement explained that the Transmission Company of Nigeria (TCN) has knocked off all its 33KV lines in Kaduna State.

The statement appeals to communities, security agencies and vigilante groups to be weary to prevent vandalism of power supply installations.

“We have the collective responsibility to protect these critical national assets in our neighborhood”, the statement adds.

Adamu Yusuf

Energy

Grid Collapse Causes Nationwide Power Outage

By Web News 632

The national electricity grid suffered a system collapse on Wednesday, leading to power outage across the country.

Spokesperson of the Transmission Company of Nigeria (TCN), Ndidi Mbah said there was ongoing effort to fully restore electricity on the grid.

“The Transmission Company of Nigeria hereby states that at about 11.01 am today, 12th of May, 2021, there was a total system collapse of the grid, as a result of voltage collapse at some parts of the grid,” Mbah said.

“TCN commenced grid recovery immediately after the collapse, from Shiroro Generating Station to Katampe TS, Abuja through the Shiroro – Katampe line at 11:29 am, and also through Delta Generating Station to Benin Transmission Substation and has reached Osogbo and parts of Lagos.Advertisement

“While the grid restoration and power restoration gradually progress to other parts of the country, the cause of voltage collapse that precipitated this failure is equally being investigated.

“TCN appeals for patience as it works assiduously to ensure full restoration of the grid and consequently power supply to the remaining parts of the country.”

FRCN Abuja

Energy

FG Faults World Bank Report On Electricity Supply

By Web News 668

The Federal Government has faulted claims by a World Bank report which indicated that 78% of power consumers in Nigeria get less than 12 hours of daily electricity supply.

A Special Adviser to the President on Infrastructure, Mr. Ahmad Rufai Zakari, said in statement in Abuja that it was unclear what empirical evidence the World Bank used to arrive at the figures, insisting that power distribution was steadily improving.

“The Power Sector Recovery Programme Opinion Research Fact Sheet released by the World Bank, said it is inaccurate to make a blanket statement that 78% of Nigerians have less than 12 hours daily access.”

He argued that evidence from the Nigerian Electricity Regulatory Commission, NERC showed that only 55% of citizens connected to the grid are in tariff bands D and E which are less than 12 hours supply.

FRCN, Abuja

Energy

Community Protests Perennial Blackout in Ibadan

By Web News 1620

Residents of Afonta community in Ibadan North West local government have protested perennial power outage.

Radio Nigeria who visited the area observed that the residents were visibly angry at the development.

Reacting, the community leader of Afonta, Mrs Toyin Balogun said despite their contributions to the installation of transformer to the area, Ibadan electricity distribution company, IBEDC left them in total darkness.

A youth leader Mr Akinbode Olayinka who described their situation as pathetic, noted that IBEDC was giving them exorbitant estimated billing without electricity for the past seven months. 

Another resident, Faith Osawe, equally lamented that the police barrack which shared fence with IBEDC office in Dugbe was also without power supply.

All efforts to speak with IBEDC authorities proved abortive as at time of filling this report.

Olukemi Akintunde

Energy

DPR Seals off Seven Filling Stations in Ibadan

By Web News 778

The Department of Petroleum Resources, DPR, has sealed off seven filling stations in Ibadan for selling Premium motor spirit, PMS, above the official pump price.

The filling stations were sealed during a monitoring exercise in Ibadan.

Out of sixty four filling stations visited in Ibadan, seven were sealed for noncompliance while others were cautioned against violating the agency’s regulations.

The exercise took most of the attendants of filling stations unaware as officials of the agency caught them red handed.

At Apata Omi- Adio axis of Ibadan, most filling stations were selling PMS, 170 per liter, and other shut their door to customers.

The officials measured liters of petrol with the official gauge to ascertain whether the commodity was being sold with the right measurement.

Speaking on the exercise, DPR, Controller, Ibadan Field Office, Mrs Comfort Ajayi said artificial scarcity in Ibadan for the past two weeks was as a result of anticipation that there would be increase on fuel pump price the dealers.

Mrs Ajayi however advised Nigerians against stocking the commodity to avoid fire outbreak.

Two officers of the affected filling stations expressed why they were selling with the wrong gauge.

Radio Nigeria correspondent Olukemi Akintunde who was part of the monitoring team observed that queue had disappeared in Ibadan as most filling stations were opened and selling at approved official pump price. 

The Federal Government had last Friday refuted the increase in pump price and directed all marketers to revert to official pump price between 162 to 165 naira per liter

Olukemi Akintunde

Energy

Maritime Expert Canvasses Alternative Source Of Energy

By Web News 646

The Director-General, Nigeria Maritime Administration and Safety Agency, NIMASA, Dr Bashir Jamoh has stressed the need for the country to find an alternative source of energy in the nearest future.

Dr Jamoh made the emphasis during a courtesy visit to Governor Oluwarotimi Akeredolu in Akure.

He observed that several countries has been working hard towards alternative sources for energy, hence the need for Nigeria to also find one.

Dr Jamoh, who said Nigeria relied on oil as a natural resource and its main source of energy, explained that most countries would have nothing to do with oil in the nearest future.

Earlier, Governor Oluwarotimi Akeredolu had expressed his administration readiness to embrace better economy policy in the interest of the citizens.

Governor Akeredolu also listed the features of the state which qualified Ondo for a deep sea port to include the deepest draught and longest coastline in the country.

Feranmi Odofin

Energy

Minister Calls For Synergy To Fight Illegal Mining

By Web News 644

Minister of State for Mines and Development, Dr. Uchechukwu Sampson Ogan says all the tiers of government must partner and work together within the context of the provisions of the extant mining laws to unlock the minerals sector potentials and grow it to optimal level.

He stated this during a courtesy visit to Governor Seyi Makinde of Oyo state at Governor’s office Ibadan as part of his a-day working visit for the 56th annual international Conference and exhibition of the Nigerian Mining and Geosciences Society, NMGS.

Dr. Ogan said the collaboration would encouraged state government participation in mining activities using Special Purpose Vehicle (SPV) which the State can establish, invest and undertake mining activities in line with the provisions of the Nigerian Minerals and Mining Act, 2007 and the Nigerian Minerals and Mining Regulations, 2011.

The minister of state for Mines and Steel Development also said the synergy would fight illegal mining and smuggling of mineral commodities and also provide job opportunities for the teeming youths.

He re-echoed the Federal Government’s determination in implementing policies aimed at diversifying the nation’s economy away from dependence on Oil to Mining and Agriculture through Mining. 

Dr. Ogan said with support of government and other stakeholders, the Oyo state could be transformed into a physically functional, economically vibrant, socially harmonious and most preferred sub-national mining destination in Nigeria. 

He appreciated Oyo state government for the donation of two hectares of land for gemstone market pointing out that the development showed commitment in enhancing the development of the solid minerals sector and increase the Internally Generated Revenue, IGR of the State.

In a remark, Governor Seyi Makinde acknowledged that the mineral resources if well harnessed would improve the revenue of the country .

Governor Makinde said the state was ready to support national aspiration on development which he said necessitated provision of two hectares of land for the gemstone market in Akinyele area of the state.

The governor therefore solicited the support of the federal ministry of mines and steel in hasten the building of the gemstone market in Akinyele, Ibadan with a view to improving the revenue of the state and the entire south west.

Iyabo Adebisi

Energy

Reactions Trail Rumoured Increase in Fuel Price

By Web News 678

Following the recent insinuation of the hike in the price of premium motor spirit from N162 to N212, motorists in Ibadan, Oyo State, have continued  to react to the development.

Reacting to the new increase in pump price of N212, two commercial drivers, who expressed displeasure at the increase, said the hike in petrol pump price had affected their businesses.

They described the hike in petrol pump price as an unhealthy development, which could lead to inflation of every other commodity, urging the Federal Government to introduce measures to cushion the effects of the price hike on the masses. 

Radio Nigeria observed that most major marketers had stopped the sale of the product while few stations that opened had hiked price.

A station manager Mr Steven John attributed the ugly situation to the excesses of some of his colleagues, saying they were hoarding the premium motor sprit, pms.

 Few cars were plying the road as a result of scarcity which had been a problem in Ibadan, the Oyo State capital for almost two weeks.

 Some transporters have started increasing fares, blaming it on the scarcity and increase in fuel pump price. 

Queues have resurfaced in most stations that sell the official price as residents lamented hardship in getting the product.

Meanwhile, Nigeria National Petroleum Corporation, NNPC, has debunked the speculation of hike in price, urging Nigerians to avoid panic buying.

Similarly, the Product Pricing Regulatory Agency, PPPRA, has declared that its publication of monthly template, does not amount to increasing the price of petroleum products, as such increase is supposed to be determined by market forces, under the current deregulation.

All efforts to speak with Oyo State IPMAN Chairman, Alhaji Bukola Mutiu over the development proved abortive.

Olukemi Akintunde 

Energy

No Increase in Depot Price of Petrol in March – NNPC

By Web News 678

The Nigerian National Petroleum Corporations (NNPC) says it has not increased the Ex-depot price of Premium Motor Spirit (PMS) also known as petrol.

The Group General Manager, Group Public Affairs Division of the Corporation, Dr Kennie Obateru, disclosed this on Friday, while addressing newsmen in Abuja.

Ex-deport price is the price at which oil marketers buy products at the depots, the price is what determines the price at which petrol stations will sell to motorists.

Reacting to new PMS Pricing template released by the Petroleum Products Pricing Regulatory Agency (PPPRA), which indicted N212.61k Pump price for the month of March, Obateru urged Nigerians and motorists not to engage in panic buying of the products as the corporation had no plans to increase its ex-depot price.

“NNPC stands by that statement that we issued on March 1 that we are not increasing the Ex-depot price in the month of March and that is what it is.

“There is no need for panicking and I can tell you from our own point of view that we will not increase the pump price of petrol and we are still standing by that March 1 decision.

“We have sufficiency of product in the country and there is really no need for the public to panic. Like I have stated, the ex-depot price for the NNPC is still at it is, it has not increased and it will not increase in this month of March,’’ he said.

In a now-deleted template published Thursday night by the PPPRA, the retail price of petrol was shown to sell between the market band of N209.61 and N212.61.

With ex-depot price standing at N206.42 per liter, the March template showed that the landing cost for petrol per liter is N189.61.

FRCN Abuja

 

Energy

₦212 Price: Fuel Pumps Go-Dry as Stations Close to Customers

By Web News 798

Most filling stations in Ibadan metropolis have closed to customers, thereby hindering motorists from assessing the product.

Radio Nigeria correspondent, who monitored the situation, reports that some major marketers selling the product at N162 were not selling while few that were selling had an abysmal long queue of vehicle.

Radio Nigeria also observed that those selling between N165 and N170 closed their stations.

Some motorists and motorcyclists including Mr Taiwo Olorunda and Hassan Lawal who spoke with Radio Nigeria attributed the development to a rumour making the round that the Federal Government was planning to increase the pump price to N212

Our correspondent reports that some motorists at U.I, who were obviously not happy over the new pump price, almost attacked him while he was trying to get their reactions on the development.

Rotimi Famakin

 

Energy

Oyo Govt. To Energize 28 Abandoned Transformers Across The State

By Web News 652

Oyo State government has declared that it was set to energize 28 transformers in the three senatorial districts in the State.

Most of the transformers were procured during the tenure of former governor Alao Akala and were not energized throughout the duration of reign of late Abiola Ajimobi.   

The State Commissioner for Energy and Natural Resources, Barrister Temilolu Seun Ashamu stated this in a statement issued in Ibadan on Tuesday.

According to him, the project would cost a sum of #247,000.00 to connect the transformers to the national grid.

He revealed that the transformers were procured with public fund and they must be put into use for them to have value in the interest of the masses.

Ashamu reiterated the commitment of the present administration to boost socio-economic activities of the people as he called on citizens and residents of Oyo State to support Governor Seyi Makinde’s government for it to achieve all its laudable goals to move the State forward.

He noted that those transformers were lying fallow and government could not wait till they become obsolete, especially when there were intense need for their services, especially at the rural areas.

“These transformers have been lying fallow for a long time without any usage, we need to connect them to the national greed for the benefit of our people, especially at the rural areas.

“We sent our people to every nook and cranny of the State to do the counting in Connecticut with the number we have on paper, so we have twenty-eight of them across the three senatorial districts of the State.

“The installation process will cost the State the sum of #247,000.00 (Two Hundred and Forty- seven Thousand naira alone),” he hinted.

Kayode Banjo

Energy

Most Akure Filling Stations Not Selling Fuel

By Web News 1158

Some filling stations in Akure, Ondo State capital are not selling petrol to residents.

While some are completely shut, others open but not selling fuel.

Only a few filling stations in Road Block Arakale, Ondo, Irese, Oke-Aro Adesida and Lafe areas are selling the product between one hundred and sixty-nine naira and one hundred and sixty-five Naira as against the government approved price of one hundred and sixty-three naira per litre. 

Long queues were also noticed in the few filling stations dispensing fuel.

When Radio Nigeria correspondent sought to know the reason for the development, managers of the filling stations declined comments.

In an interview, a taxi driver, Mr Biodun Olajimi called on the Department of Petroleum Resources, DPR, to prevent petrol marketers from hoarding the product.

Isaac Afolabi/Adebukola Bardi

Energy

Fuel Scarcity: DPR To Sanction Marketers Hoarding Products

By Web News 571

The Department of Petroleum Resources (DPR) says it will sanction marketers engaged in the hoarding of petroleum products in their outlets.

Director-General of DPR, Mr. Sarki Auwalu gave the warning in a statement issued on Tuesday in Lagos.

Auwalu said the warning was necessitated by the emergence of queues in retail outlets in some states of the federation.

According to him, from available records, there is product sufficiency in the country and there is no need for hoarding by any marketer.

Auwalu said: “The regulatory agency has set up a special task force to intensify surveillance and monitoring of all retail outlets and depots nationwide to check the anomaly.”

He, therefore, advised the general public against panic buying.

FRCN, Abuja

Energy

National Assembly Decries Condition of Nation’s Refineries

By Web News 604

The National Assembly said it was working tirelessly to ensure the passage of the Petroleum Industry Bill, PIB, in April 2021.

This came as the Joint Ad-hoc Committee of the National Assembly expressed regrets over the poor condition of the nation’s refineries, adding that PIB when passed would revive the refineries to function optimally.

The joint committee of Senate and House of Representatives said this in Port Harcourt, Rivers State, yesterday, during a visit to Port Harcourt Refinery Company, in continuation of its oversight visit of the refineries in the nation.

Speaking, Mohammed Mougunu, Chairman of the Ad-hoc Committee in the House of Representatives on PIB, and Chief Whip of the House, noted that the committee was poised to pass the petroleum bill as soon as possible.

Mougunu noted that the main focus of the Bill was to entrench reformation of all the nation’s refineries to international standard, noting that there as the need to make the country’s refineries more competitive.

He said: “The main thrust of the PIB is to reform our oil and gas industry, to make it more competitive and bring their operation in tandem with international best practices.

“We are here in Port Harcourt refinery to see their constraints and how best within the prodigies of PIB, leverage on same and then make their operations more competitive in a bid to attract the much-needed investment in the oil and gas industry, especially against the backdrop of the fact that the world is now moving away from fossil fuels to renewables.”

The committee’s co-chair, said NASS would ensure the passage of the long-awaited PIB in April, adding that the bill will bring to an end the capital flight.

Speaking earlier in a meeting with the management of Port Harcourt Refinery, PHRC, the Senate Ad-hoc Committee Chairman on PIB, Sen. Sabo Nakudu, noted that committees were mandated to submit it’s report to the House as soon as possible.

Also, Sen. Albet Bassey, who is Chairman Upstream, at the Upper Chamber, expressed regrets over the moribund condition of the nation’s refineries, noting that efforts were on to return life to the facilities.

However, the Managing Director of PHRC, Ahmed Dikko, expressed optimism that rehabilitation of the facility would commence in April.

Vanguard

Energy

Gas Expansion Project Targets Job For 500,000 Graduates

By Web News 531

The Federal Government is to engage 500,000 young graduates in the National Gas Expansion Programme (NGEP) as part of its efforts to make gas as alternative energy for industrial, transportation and domestic use.

At the launching of the programme in Ado Ekiti, Minister of State for Petroleum Resources, Chief Timipre Sylva said the initiative was in practical demonstration of government to use gas value chain as catalyst for socio and economic development of the country.

He also stressed that the NGEP which was develop to eliminate gas flaring, reduce demand for import fuel would be private sector driven to ensure its sustainability and affordability.

The minister told the gathering that 500,000 young Nigerians who are technicians and engineers are expected to be trained and empowered through the national gas expansion programme nationwide.

Sylva said Nigeria was richly endowed with mineral resources, specifically, hydro carbon, crude oil and natural gas with proven gas reserves of over two hundred trillion cubic feet of natural gas.

This, he said has presented the country with opportunity to use gas as a catalyst for social economy renaissance.

Speaking further, Sylva said: “The programme has its main objective to reinforce and expand gas supply as well as stimulate demand in Nigeria through effective and efficient mobilization and utilization of all available assets, resources and infrastructure in the country.

The Chairman NGEP Committee, Muhammed Ibrahim in his presentation disclosed that auto gas as an alternative fuel will afford Nigerians cheaper, cleaner and eco-friendly option with less impact on vehicles and the environment.

In a remark, Ekiti State Governor, Dr Kayode Fayemi lauded the Federal Government initiative which was targeted at improving the lives of the people, stimulating the economy, and creating job for the teeming youths.

The Governor announced that to compliment the programme 20 micro gas distribution centres would be established across the state to enable the people have easy access to affordable and sustainable cooking gas.

Tope Bamidele

Energy

No plans to increase petrol price – NNPC assures Organised Labour

By Web News 633

The Nigerian National Petroleum Corporation (NNPC) has assured Organised labour and Nigerians that there will be no increase in the price of Premium Motor Spirit (PMS) also known as Petrol in the month of February

The corporation gave the assurance in a statement signed by its spokesman Dr Kennie Obateru in Abuja, on Thursday.

 “In spite of the rise in the price of crude oil in the international market, NNPC has ruled out any increment in the ex-depot price of PMS in February, 2021,” he said .

The News Agency of Nigeria (NAN) reports that ex-depot price is the price at which oil marketers buy products from depot. The price determines the price at which they sell to motorists at their various petrol stations.

Obateru explained that the decision was to allow ongoing engagements with organised labour and other stakeholders on an acceptable framework that would not expose the ordinary Nigerian to any hardship.

He urged petroleum products marketers not to engage in hoarding of PMS in order not to create artificial scarcity and unnecessary hardship for Nigerians. He further gave assurance that the corporation had enough stockpile of petrol to keep the nation well supplied for about 40 days.

He also called on relevant regulatory authorities to step up monitoring of the activities of marketers with a view to sanctioning those involved in products hoarding or arbitrary increase of pump price.

 NAN reports that the Minister of State for Petroleum Resources, Chief Timipre Sylva, in March 2020 announced that the nation’s downstream oil sector had been deregulated With the announcement, the prices of petroleum products would be determined by prevailing market forces.

Vanguard

Energy

NAWOJ Tasks National Assembly on Quick Passage of PIB

By Web News 595

An expert in the petroleum industry, Dr Israel Aye, says the two proposed commissions for regulation of the upstream and downstream activities in the Petroleum Industry Bill, PIB, will allow transparency and boost nation’s economic growth.

The two commissions in the Bill are the Nigerian Upstream Regulatory Commission and the Nigerian Midstream and Downstream Regulatory Authority.

Doctor Aye, who stated this at a workshop organised by the Nigeria Association of Women Journalists, NAWOJ, in Lagos, noted that the commissions would enable Nigerians to interrogate every process involved in decision making.

He decried the belief that implementation had always been the problem hindering so many policies, saying effective frameworks would deter sabotage.

Dr. Aye enjoined women journalists to support the clamours for quick passage of the PIB which he said would focus more on governance, administration and fiscal in terms of doing business and its effectiveness on the host communities.

In her remark, the Vice President, NAWOJ, B Zone, Mrs. Bola Akingbehin, urged the National Assembly to speedily pass the Petroleum Industry Bill.

Mrs. Akingbehin also tasked women journalists to support the efforts in ensuring issues that concern female were well canvassed for in the Bill.

The theme of the workshop is: “The Implications of the PIB on Gender in Nigeria”.

In a related development, the former President, Nigeria Association of Women Journalists NAWOJ, Mrs. Ifeyinwa Omowole has has asked journalists to change the stereotype narratives of gender bias and dominance in the society.

Mrs. Omowole, one of the facilitators at a three day workshop organised for female journalists in Osun State tasked journalists to be objective and fair in their reportage.

Speaking of on the theme of the training is ‘Gender Equity and Safety/Gender Sensitive Reporting’, the former president of NAWOJ said responsibilities were now shifting from men to women.

According to her, gender issues are not about the women or the girl child alone, but peculiar to locations or communities, because gender issues can affect or be about men or the male child too.

She noted that everybody, male and female, must be carried along in development and governance so that there would be even development.

Mrs. Omowole said there were serious gender issues that journalists need to give optimal coverage because of the negative effect they would have on the society in the future, hence, the media must continue to sensitise, advocate and point out issues.

She urged government to make laws and enforce these laws to abolish discrimination.

Funmi Adekoya

 

Energy

Ifesowapo Community in Ogun Benefits from Mass Metering

By Web News 843

About three hundred and fifty thousand electricity consumers in Ogun State are to be provided with prepaid meters through the National Mass Metering Programme. 

Head of metering, Ibadan Electricity Distribution Company, IBEDC, Mr Adewale Obajemi stated this at a ceremony to officially flag off the distribution of free prepaid meters to residents of Ifesowapo community at Ota area of the state. 

Olusegun Folarin was there for Radio Nigeria.

nnpc depot ibd/nairaland.com
Energy

IPMAN Grounds Activities at NNPC Depot Ibadan

By Web News 1982

Business activities have been grounded at NNPC Depot, Apata Ibadan. 

This follows a disagreement between the Management and Independent Petroleum Marketers Association of Nigeria, IPMAN over the newly introduced mode of payment for the marketers. 

Radio Nigeria gathered that all trucks belonging to major marketers that were to lift fuel from the depot this morning were prevented by IPMAN members. 

According to chief of staff to IPMAN Chairman in Oyo State, Chief Adebayo Adeyemo, the new mode of payment method was cumbersome and exploitative and capable sending many of them out of the business.

The members insisted that until the new mode of payment was reversed, business activities would continue to be at a standstill.

He however called on the government to prevail on the NNPC management to revert to the old method to prevent scarcity of petroleum products in the southwest of the country. 

As at the time of filing in this reports, all efforts to speak with the NNPC management proved abortive. 

Olukemi Akintunde

Energy

IBEDC Starts Free Distribution of Meters in Ibadan

By Web News 936

The Ibadan Electricity Distribution Company, IBEDC, has commenced free metering exercise in Ibadan, Oyo State capital.

The mass distribution of meters to house owners is in line with the directive given to Elecrricity Distribution Company in August last year by President Muhammadu Buhari to meter all consumers to end estimated billing. 

Radio Nigeria correspondent, Olukemi Akintunde, who was on the encourage of IBEDC distribution team, reports that IBEDC officially  launched National  Mass metering  programme ,NMMP, to bridge the metering gap across their franchise. 

The distribution of 104000 free meters began at Agodi Gate area,Ibadan north local government, Ibadan.

IBEDC head of customers support, Ayo Adio, who said meters were available for distribution to houses under their franchise, explained that the distribution would be done based on lay-down modalities and strategies for the exercise.

The IBEDC head metering, Eng. Adewale Obajemu, on his part, added that it was essential for consumers to provide their bvn for record purposes  and clarification.

Some consumers, Alhaja Abiola Olawore, MrAmos Agboola and Mrs Oyetayo Adeosun, who were supplied meters at their residence in Agodi area, explained that receiving the meters would relieve them from ordeals which included estimated bills.

Mass distribution of meters taking place in Ibadan has held in some states including Kano, Kaduna Lagos and Zamfara……

Olukemi Akintunde

Energy

FG Approves Upward Review Of Electricity Tariff

By Web News 774

The Nigerian Electricity Regulatory Commission, NERC, has approved a review of electricity tariff for Ibadan Electricity Distribution Company, IBEDC, increasing electricity cost for consumers under the franchise area.

IBEDC franchise area includes Oyo, Ogun, Osun, Kwara and parts of Niger, Ekiti and Kogi states.

The NERC in an order signed by its Chairman, Sanusi Garba and Commissioner Legal, Licensing and Compliance, Dafe Akpeneye signed on the last day of 2020, the tariff increases will commence from July 1, 2021.

According to the order, tariff for customers in Band A with minimum supply of 20hrs daily will increase by #6.85 to N69.18 per kilowatt, a #10.98 percent rise.

Customers in Band B minimum supply of 16hrs daily will increase by #7.65 to N66.04/kilowatt from the present N58.9/kilowatt.

For customers in Band C with a minimum supply of 12hrs daily, the increase is N14.19 to N62.92/kilowatt.

The highest tariff increase will be for consumers in Band D with a minimum supply of 8hrs daily with N32.79 hike to N55.76/kilowatt from N26.97/kilowatt.

The NERC explained that the review was necessary following changes in inflation rate, foreign exchange, available generation, gas price, collection losses from ministries, departments and agencies of government, and Capex adjustments.

The NERC ordered that IBEDC shall be liable for service improvements in accordance with commitments under its universal service obligations for providing an electricity supply to customers.

The commission added that where there is a failure to deliver on committed service level over a period of 60 days, the rates shall be adjusted in line with the service delivered over the same period, upon verification by the Commission.

Net

Energy

Gas Leakage Sparks Panic in Arepo, Magboro Communities

By Web News 681

A gas pipeline leakage along Lagos-Ibadan Expressway has caused panic among residents of Arepo, Magboro, and other neighbouring communities.

It was gathered that the gas pipeline ruptured during construction works on the Lagos-Ibadan Expressway.

A resident told newsmen that a loud sound was heard around 9:30 a.m.

According to him, the pipeline eruption caused panic as many residents of the estate rushed out of their apartments.

Report says Emergency responders had been contacted.

Energy

Most Ibadan Filling Stations Yet To Adjust To New Pump Price

By Web News 1019

Filling stations in Ibadan metropolis are yet to effect the reduction in the fuel pump price to 162 naira as announced last week by the federal government.

Radio Nigeria correspondent who visited some petroleum stations in Apete, Sango, Mokola and Dugbe areas observed that they were still selling at 168 naira.

One of the dealers of the stations who did not want his name mentioned said marketers were yet to receive directives from the authorities about the five naira reduction.

He maintained that the new price if effected would bring huge loss to the marketers noting that the earlier announcement by federal government was not appropriate.

Some motorists expressed displeasure over the situation saying that the government needed to carry marketers along before the reduction.

Two of them, Mr John Adekola and Mr Sulaimon Okebukola said the situation should be addressed in time to reduce the hardship being experienced by people.

Tawakalit Ibrahim

Energy

Exclusive Legislative Bill: Ogun Assembly Calls For Removal Of Electricity Generation

By Web News 829

Ogun State House of Assembly has called for the removal of electricity generation and distribution from the exclusive legislative list to the concurrent list with a view to ensuring the establishment of energy system by the state government.

Speaker of the house of Assembly Mr. Olakunle Oluomo, made the appeal at a Public forum on a proposed bill  for the establishment of Ogun State Safety Commission and a Bill to establish the Ogun State Energy Board 2020 held at the Assembly complex Oke-Mosan, Abeokuta. 

Mr. Oluomo said there was need for the domestication of electricity-related issues to cater for the population towards ensuring seamless distribution of power supply to the people.

The Speaker promised that the Bills would be given accelerated passage to improve the security architecture of the State as well as provide the needed energy required for industrial growth in the State. 

In his remarks, the Chairman, Committee on Works and Infrastructure,  Mr Abayomi  Fasuwa, stressed the importance of safety and energy supply to human and socio-economic activities, noted that the State Government remained proactive at ensuring efficient and uninterrupted electricity generation, distribution and supply.

Stakeholders including the Special Adviser to the Governor on Energy, Engr. Laolu Adubifa, State Regional Head, Ibadan Electricity distribution company, IBEDC, Engr. Ademola Adewumi representatives of the State Ministries of Environment, Physical Planning and Urban Development,  amongst others  were unanimous  in their submissions that the legislations would help coordinate all issues relating to establishment of Independent Power Plant. 

Oluwatoyin Adegoke.