Business

‘Striking Workers Crash Power Generation To 43MW’

Published

4 years ago

August 24, 2022

The Federal Government, through the Ministry of Power, has said the recent one-day strike by workers of the Transmission Company of Nigeria (TCN) crashed Nigeria’s power generation from a peak of 4,829.5 megawatts to as low as 43MW.
Staff of the transmission company, under the aegis of the National Union of Electricity Employees, shut down the country’s power grid last Wednesday, throwing businesses and other power consumers into darkness.
They went on strike in protest against a compulsory promotion interview for principal managers, unpaid entitlement, among other issues, and crippled the country’s power supply for several hours before the intervention of the Federal Government.
Latest figures obtained in Abuja on Sunday on the country’s power grid performance indicated that peak power generation on Tuesday before the workers’ strike was 4,829.5MW.
But as the workers turned off the power stations one after the other during their industrial action on Wednesday, as seen in viral videos that were circulated online, electricity generation on the grid eventually collapsed to 43MW.
It was further observed that as the grid restoration process commenced, power generation moved up to 215MW, which was the off-peak generation figure on Thursday, while peak generation on same day was put at 4,476.2MW.
Off-peak power generation on the grid was put at 3,421.7MW on Saturday, while peak generation on same day was 4,636.4MW. However, this dipped to 4,333.7MW as at 6am on Sunday.
The Federal Government had confirmed on Wednesday that the action by the electricity workers resulted in a collapse of the country’s grid.
“Following the industrial dispute declared by the two in-house unions at the Transmission Company of Nigeria, the national electric power grid has been shut down by union functionaries, even as unfettered effort was being made to resolve the issues upon which the action was called,” the government said in a statement from its power transmission company.

It added, “The incident occurred at 15:01hours today (Wednesday) after several 330kV transmission lines and 33kV feeder-lines across the power system network had been switched off by the union members, resulting in generation-load imbalance and multiple voltage escalations at critical stations and substations.

“Regrettably, this is coming weeks after we had emerged from a hectic grid management regime, precipitated by paucity of generation, which we grappled with for a couple of months”.

Meanwhile, power consumer groups lambasted the Federal Government, TCN, and NUEE for plunging the entire country into darkness for several hours due to the internal dispute at the transmission company.

In separate interviews, the groups stated that the development had further showed the weakness of the present government,

The National Secretary, Network of Electricity Consumers Advocacy of Nigeria, Uket Obonga, told newsmen that the government displayed its weakness, stressing that the action of the union members was appalling.

He said, “It is unfortunate that such could happen in the power sector. Recall that in 1986, a group of the defunct NEPA officials attempted to shut down electricity supply nationwide and the government at the time got them arrested, which was the proper thing to do because it is treasonable.

“How would you throw a whole nation into darkness? What are their demands? Are there no alternatives? Don’t we have the court of arbitration?

“It is unacceptable and this further exposes the weakness of this present government.

“If we were a nation with adequate data, do you think you can quantify the damage they have done to the economy and private businesses? Now, I want you to know that I am not protecting government because it is its incompetence that has got us into this.”

On his part, the President, Nigeria Consumer Protection Network, Kunle Olubiyo, stated that it was unfortunate that the government ignored all entreaties by labour after the union sent about 17 correspondences to government on the matter.

Olubiyo, who served as member of the National Technical Investigative Panel on Power System Collapses/System Stability And Reliability (June 2013), stated that the Federal Government was becoming notorious in flouting contracts.

“Successive Nigerian government should not be seen to contribute to a despicable culture of impunity, lack of integrity on governance and zero regards for the sanctity of contracts.

“We cannot continue in this negative direction of reneging on simple gentleman’s agreements in all spheres of governance. The losses incurred by electricity consumers whether residential, bulk users and industrial clusters are unquantifiable.

“The parties to the present crises, government and the organised labour, should quickly get back to peaceful negotiable terms.”

Business

Boat Mishap Kills Pastor, Wife And Church Members In Brass Water

Published

8 hours ago

May 18, 2026

The Tide

A boat accident in Bayelsa state has killed a serving Pastor, Wife and other church members along Brass waterways

The sad incident happened at Odioama in Brass local government area of Bayelsa State when the Pastor, wife and members of his church were in a programme.

?Tide confirmed that the lifeless body of the Pastor’s wife has been found and deposited in a mortuary while the remains of her husband ,the Pastor is yet to be recovered

as search party are still ongoing.

Although the real cause of the boat Mishap is not yet known as at the time of this report, our Correspondent gathered that the identities of the Pastor, wife and church members were not disclosed to the public.

The mishap, Tide gathered occurred on Friday morning when the church members were on a boat transit

The Bayelsa State government and the state police command are yet to issue official statement’s on the sad accident

By: CHINEDU WOSU

Business

Rivers Workers Seek Scrapping Of Contributory Pension Scheme

Published

8 hours ago

May 18, 2026

The Tide

The Rivers State Council of Nigeria Civil Service Union has called on the State Government to urgently scrap the contributory pension scheme, describing it as unfavourable to long-serving civil servants in the state.

Chairman of the union, Chukwuka Osuma, said this in an interview with newsmen in Port Harcourt, recently.

Osuma said the current pension structure has continued to worsen post-retirement hardship for workers.

He noted that the contributory pension scheme had failed to provide adequate retirement security for workers who had spent many years in service, especially those approaching retirement age.

According to him, civil servants who had served for more than 20 years were among the worst affected under the scheme, insisting that many retirees could no longer cope with prevailing economic realities.

He also informed that the Union has made moves to showcase their concerns, pleading with Governor Siminalayi Fubara to abolish the pension policy and introduce a more favourable arrangement for affected workers.

“The union was not opposed to pension reforms, the contributory scheme should only apply to newly employed workers or those with fewer years in service”, he said.

Osuma explained that workers who had already spent decades in the civil service ought to remain under a more secure pension structure capable of guaranteeing stability after retirement.

The labour leader further noted that inflation and the rising cost of living had continued to erode the value of retirement savings, thereby increasing the suffering of pensioners across the country.

He also appealed to the state government to consider extending the years of service in the civil service from 35 to 40 years and the retirement age from 60 to 65 years.

Osuma argued that such adjustment had become necessary in view of present-day economic realities and changing conditions in the workplace.

The unionist also reviewed that similar policies had already been adopted in some sectors and jurisdictions, expressing optimism that the State could also implement the reforms for the benefit of workers.

He however, commended Governor Fubara for approving an N85,000 minimum wage for workers in the state, noting that the amount was above the national benchmark of N70,000.

Osuma also acknowledged the government’s efforts in the area of workers’ promotions and bonuses, but insisted that pension reforms and extension of years of service remained critical to the long-term welfare and stability of civil servants in Rivers State.

By: King Onunwor

Business

FG Begins South-West Tour To Promote New Cooperative Bank

Published

5 days ago

May 13, 2026

The Tide

The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.

Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.

According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.

Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.

Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.

“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.

The minister noted the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.

According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.

Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.

He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.

“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.

He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.

“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.

Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.

“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.

“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.

Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.

She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.

Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).

“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.

“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.