Business
PHED Blames Power Outage In Bayelsa On Transmission Fault
The Port Harcourt Electricity Distribution Company (PHED) says the current blackout in Bayelsa State is caused by transmission constraints outside its control.
The Tide reports that the power outage being experienced across Bayelsa State was worsened by a total system collapse that threw the entire state in darkness since last Thursday.
Reacting to the development, Manager, Corporate Communications, PHED Mr John Onyi, who regretted the incident, said that efforts were underway by Transmission Company of Nigeria (TCN) to clear the faults.
Onyi told newsmen in a telephone interview on Monday that power supply to Yenagoa, was lost on Thursday evening due to a fault on TCN’s network which served PHED customers in Bayelsa.
“The customers of Port Harcourt Electricity Distribution Company in Yenagoa, the Bayelsa State capital are presently experiencing forced power outage.
“The outage is caused by a faulty 132kv Owerri-Yenagoa lines belonging to Transmission Company of Nigeria. The unfortunate incident occurred on the eve of Friday, July 5.
“However, TCN technical crew has long been dispatched to the site with a view to fixing the lines and as soon as it is fixed, power supply to the capital city will be restored.
“PHED, therefore, seeks the patience and understanding of all the residents and government functionaries while waiting for the restoration,” Onyi said.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
News3 days agoDon Lauds RSG, NECA On Job Fair
-
Niger Delta2 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports2 days agoSimba open Nwabali talks
-
Nation2 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta2 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta2 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Oil & Energy2 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
Rivers2 days ago
Fubara Restates Continued Support For NYSC In Rivers
