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...
Down: An official working on the wires
By Favour Ifeoluwa & Akinola Ajibade
Nigerians are experiencing power outage across the country again, following the collapse of national grid again on Friday June 6th, this year).
This is the fourth time the grid will collapse in 2024, a development, which has generated controversy among stakeholders in the nation's economy. For instance, the country was thrown into blackout three months ago, a development, which the Federal Government through the Transmission Company of Nigeria( TCN) is still battling with in the country.
This system collapse, which occured at about 3:00pm on Saturday afternoon has continued to suprise many Nigerians, as regards the effectiveness of the power infrastructure in Nigeria, few years after privatisation of the electricity sector.
Speaking on the issue, the Head, Corporate of Communications at Enugu Electricity Distribution Company, Emeka Ezeh said the bulk electricity supply from the Transmission Company of Nigeria (TCN) National Control Centre has consequently been disrupted.
According to him, the situation is the reason for the loss of power supply currently being experienced across the network.
“Due to this development, all our interface TCN stations are out of supply, and we are unable to provide services to our customers in Abia, Anambra, Ebonyi, Enugu, and Imo states.
“We are on standby awaiting detailed information of the collapse and restoration of supply from the National Control Centre (NCC), Osogbo,” he said.
The national grid system, operated by the Transmission Company of Nigeria (TCN), has collapsed about 227 times in the last 14 years, and about four times in 2024 alone, resulting in nationwide blackout at each occurrence, pending when it is fixed and power restored and transmitted to the DISCOS, who resume distribution to the electricity consumers.
This reporter, Izunna Okafor, gathered that the latest collapse of the national grid is coming days after TCN announced that electricity generation declined to 4,723.30 megawatts peak on July 4, 2024, compared to 4800mw in May.
This is also coming amid the April 3 and July 1 2024 electricity tariff hikes for Band A customers, who are supposed to get between 20 to 24-hour power supply daily, as their electricity tariff rose from N66 per kilowatt-hour to N206.80
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