Business
Consumers Decry Grid Collapse, Allege Sabotage
The Nigerian Power Consumers Forum (NPCF) has condemned the spate of disturbances on the national electricity grid and the recent fire incidents around power transmission infrastructure.
NPCF’s convener, Michael Okoh, raised the concern in a statement issued in Abuja, recently.
This came few days after the Transmission Company of Nigeria (TCN) announced that for over 400 days, the grid had been relatively stable.
“From independent assessment, which started last year and up to this year, the forum was able to confirm the various initiatives TCN deployed to stabilise the grid, including the use of Internet of Things and the deployment of the stop gap system as a placeholder for a smart grid system”, Okoh stated.
He added, “but unfortunately, just after the pronouncement on the efforts of TCN on grid stability, the power sector has recorded at least two system collapses in succession, all caused by a fire incident in the BirninKebbi transmission substation and line snap along the 330kV Jebba – Kainji transmission line.
“These have caused nationwide outages which the NPCF believes is to bring the management of TCN into disrepute”.
He said the forum confirmed that the TCN had been maintaining its grid efficiently for 421 days and the grid was looped in some places.
“This rules out the lack of capacity on the part of the company. We are therefore pointing to cases of sabotage by hoodlums who may not mean well for the country”, Okoh stated.
He said this was not the first time critical national infrastructures had been sabotaged as every day cases abound of oil theft, rupturing of pipelines or hacking of power transmission towers, of which he said more than 20 of such cases were reported by TCN in the last 12 months.
Okoh continued that “the fire incident at the BirninKebbi transmission substation switchyard is more of a sabotage on the national grid systems.
“According to power engineers who have over three decades of experience, they believe that technically, there is no way two power transformers separated by a reasonable distance from each other will be engulfed by fire simultaneously”.
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
