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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...

TCN restores grid within 24 hours




By Akinola Ajibade


The Transmission Company of Nigeria (TCN) says it has restored the national grid, which collapsed in early hours of Monday ( Yesterday).

TCN, in a statement signed by its General Manager, Public Affairs and made available to the media, said that “the restoration of the affected part of the grid commenced immediately at 11.55 am with Osogbo/Ihovbor back to the grid followed by Jebba/Osogbo, Kainji/Jebba, Benin/Onisha, Shiroro/Kaduna, Shiroro/Katampe, and Alaoji/Ikot-Ekpene,” it said in a statement on Monday.

“Others are, he said, include Lokoja/Gwagwalada, Odukpani/Ikot Ekpene, Benin/Omotosho, Oke-Aro/Ikeja west, Egbin/Oke-Aro and Kaduna/Kano.”

Explaining the cause of the incident, the TCN said it was due to “a sudden drop in system frequency, which created system instability”.

“The National Control Centre (NCC) said a full-scale investigation is being conducted to establish and ascertain the cause of the partial disturbance as this unwholesome event has resulted in aggregated generation loss,” TCN’s General Manager, Public Affairs, Ndidi Mbah, said in the statement.

Earlier in the day, electricity distribution companies had informed their customers of the disruption of power, citing the collapse of the national grid. They did not state the cause of the outage.

Ikeja Electric said the national grid collapsed at 10:50 am on Monday, noting that “this has affected the transmission stations within our network and resulted in the loss of power supply to our customers”.

The DISCOs equally apologised to them, saying work was being done to fix the issue.

“We are working with our TCN partners to restore supply as soon as possible,” Eko Electricity Distribution Company also said. “We apologise for the inconvenience.”

Monday’s incident is the latest in a series of blackouts in the country owing to the incessant collapse of the national grid.

The national grid had collapsed eight times this year with the last one coming in July. It equally collapsed in June, March, and April 2022.

With the national electricity grid collapsed on Monday  many parts of the country  were left without power, electricity distribution companies said.

Nigeria has installed capacity of 12,500 megawatts but produces about a quarter of that, leaving many Nigerians and businesses reliant on diesel-powered generators. Diesel prices have soared since the start of the year.

The nation’s sclerotic power grid, and its precarious energy supply,are often cited by businesses as a key issue hindering growth in Africa’s most populous country.

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