Connect with us

News

Ikeja Electric Slashes Electricity Tariff for Band A Customers

Published

on

The Ikeja Electricity Distribution Company has reduced the electricity tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225/kWh approved by the Nigerian Electricity Regulatory Commission (NERC).

The spokesperson for the IKEDC, Olufadeke Omo-Omorodion, disclosed this to Channels Television in a notice on Monday.

According to the notice, the downward tariff review of the Band A customers would take effect from Monday, May 6, 2024.

Under the approved review, Band A customers who hitherto were charged N225/Kwh, are now to pay N206.80/Kwh.

“Please be informed of the downward tariff review of our Band A feeders from N225/kwh to N206.80/kwh effective 6th May 2024 with guaranteed availability of 20-24hrs supply daily,” the statement said.

The decision to crash the tariff may not be unconnected with public outcry over the increase in electricity which industry observers, Civil Society Organisations, and labour unions have described as insensitive.

The tariffs for Bands B, C, D, and E remain unchanged.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Lagos Govt Warns Schools, Teachers Against Extension Classes, Fee-Paying Tutorials for Students

Published

on

By

The Lagos State government has issued a stern warning to teachers and schools against extending official hours for fee-paying extra lessons.

This directive was announced by the Commissioner for Basic and Secondary Education, Jamiu Tolani Alli-Balogun, during the unveiling of a block of classrooms and furniture at Amuwo Odofin Junior High School complex.

Alli-Balogun emphasized that the extra hour after the official closing time – typically used for paid lessons – ought to be for extracurricular activities. The activities, the commissioner said, include clubs such as the Red Cross, Red Crescent, Boys Scouts, Boys/Girls Brigade, STEM Club, Writing and Debate Club, are essential for the well-rounded development of students.

Expressing his disapproval of the practice where the first lesson of the day is often neglected by teachers, Alli-Balogun warned that any teacher found derelict in their duties would face strict consequences.

“Do your job at the right time between 8.00am and 2.00pm and leave the extra hour for reading or extracurricular activities.

“We will no longer condone using that time for fee-paying extra lessons in our schools. Education is free in Lagos State, and nobody should be charging any fee for anything,” he warned.

The commissioner made these remarks during the inauguration of new classroom facilities and furniture at the Amuwo-Odofin Junior High School Complex, a project sponsored by Grimaldi Group and Ports & Terminal Multiservices Ltd.

He urged students to fully engage in the various social activities and clubs available to ensure their holistic development.

Alli-Balogun’s stern message underscores the government’s commitment to free education and the importance of extracurricular activities in fostering a balanced educational environment.

Continue Reading

News

Declare State of Emergency on Power Sector Now, Barth Nnaji Tells FG

Published

on

By

By Morakinyo Ajibade

Chairman, Geometric Power Limited, and former Minister of Power, Prof. Bartholomew Nnaji, has said that only a state of emergency on the power and gas sector will restore the comatose energy and electricity crisis in the nation.

The former Minister, who just commissioned a power station in Aba, Abia State, made this call while speaking as a guest lecturer at the inaugural Dele Momodu Leadership Lecture, held at the Nigerian Institute of International and Affairs (NIIA) in Lagos.

According to him, a state of emergency needs to be declared in the gas sector as this declaration will save the power sector and allow the government and other stakeholders to address fundamental issues in the gas sector in a robust manner.

“The issues will include how to strike a healthy balance between producing gas for export and gas for domestic consumption. Gas is equally needed in both markets.

“There is not enough natural gas or even liquefied petroleum gas used in the kitchen. Even the Nigeria Liquefied Natural Gas company, a major foreign exchange earner that also has a guaranteed market, has been operating at 60% capacity on account of insufficient gas supply.

“The petroleum companies supplying gas to power-generating companies are in a tighter position. Because they are performing sub-optimally, there are now longer periods of electricity blackouts throughout the country. This is despite the spirited efforts of the NNPCL, the Ministry of Power and the Presidency,” he said.

The event, which attracted the who’s who in the nation’s political and economic climate, was held to mark the 64th birthday of Aare Dele Momodu, a veteran and seasoned journalist, who has dedicated most of his life time in the pursuit of equity and food governance in Nigeria.

Among dignitaries that graced the all important gathering were the former President of the Republic of Ghana, Dr. John Dramani Mahama; Ooni of Ife, Oba Enitan Adeyeye Ogunwusi; Osun State Governor, Senator Ademola Adeleke; former governor of Anambra State, Mr. Peter Obi, former governor of Kano State, Senator Rabiu Kwankwaso; traditional rulers, captains of industries, and the general public.

Continue Reading

News

Adeleke Hails Glo, Adenuga for Enormous Contributions to Economy

Published

on

By

The governor of Osun State, Senator Ademola Adeleke, has praised Globacom for its enormous contributions to Nigerian society. He also lauded the company’s chairman, Dr. Mike Adenuga, Jr., for his strong faith in the country.

Governor Adeleke, who made the remark while entertaining a Globacom team in his office in the state capital, insisted that “the subnational entities are where your market is and even though the regulatory body is national, your market base remains the states and the local governments. You must deliberately prioritize partnership with the state government”.

“The telecom community must understand that giving full support to the states in terms of payment of right taxes and corporate social responsibility is an investment in your market. The more robust the state governments are, the more buoyant your market will be,” the governor averred.

He extolled Dr Adenuga, who he described as a “great Nigerian whose impact on the Nigerian and the African economy cannot be quantified.”

He told the Globacom team that his administration was prepared to work with the corporation on a business partnership. “Be rest assured that this partnership is already a reality. We just need to work out the details”, the governor added.

The Glo Public Sector team leader, Niyi Odejobi assured the governor that the telecom behemoth is prepared to support the state to flourish.

He said Globacom is prepared to roll out digital and internet infrastructure to support companies and government in the state, promising that the cooperation will transform Osun state.

Continue Reading

Trending