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‘Striking Workers Crash Power Generation To 43MW’ 

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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.”

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FG Begins South-West Tour To Promote New Cooperative Bank

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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.
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Customs Impound N2.35bn Cocaine, 15 Trailers of Rice

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The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘A’, Ikeja, has impound Cocaine Substance valued at ?2.35 billion alongside 15 trailer-loads of foreign rice and a wide range of contraband across the South-West.
This was disclosed to Newsmen during a press briefing in Lagos by Controller of the Unit, Comptroller Gambo Aliyu,
Aliyu revealed that the seizures were made over an eight-week period, underscoring intensified enforcement efforts.
According to him, operatives foiled 473 smuggling attempts within the period, leading to the confiscation of 8,794 bags of 50kg foreign rice, 22 used vehicles, 328 bales of used clothing, and 31,705 litres of Premium Motor Spirit (PMS).
He said other seized items include a Mercedes-Benz vehicle and various food products such as poultry, vegetable oil, spaghetti, and sugar.
Aliyu clarified that the rice displayed at the briefing represented cumulative interceptions made at different locations and times across the zone.
“All the rice you see here are accumulative of seizures carried out at different places, at different times, and through different interdictions,”
Beyond the economic implications, the Comptroller emphasized the social cost of drug trafficking, warning that narcotics continue to destroy families and fuel criminal activities.
“It may surprise you to know that many homes are broken due to drugs.
” Our mandate is to cut off the supply chain, and that is exactly what we are doing,”.
Similarly Customs operatives at the Gbaji outpost intercepted a 71 year-old suspect along the Lagos-Abidjan corridor with 6.35kg of cocaine concealed in a Toyota Highlander.
The drugs, comprising both powdered and crystalline forms, were valued at ?2.35 billion.
Under a special enforcement drive, codenamed “Operation Hawk,” the unit also seized 3,340 parcels of synthetic cannabis, popularly known as “Ghanaian loud,” weighing 1,540kg.
 The substances, along with three suspects, have been handed over to the National Drug Law Enforcement Agency (NDLEA) for further investigation and prosecution.
In a related operation, officers intercepted four cylinders of mercury hidden in a vehicle along the same corridor. Aliyu described the substance as hazardous and subject to international regulation.
Overall, the Duty Paid Value (DPV) of the seizures stands at approximately ?5.5 billion, reflecting the scale of enforcement activities.
 Additionally, the unit recovered ?97.7 million through Demand Notices issued on under-declared consignments.
Aliyu reaffirmed the Service’s commitment to deploying modern technology—including geospatial intelligence, drone surveillance, and real-time tracking—to strengthen border security and clamp down on smuggling networks.
CHINEDU WOSU
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Dangote,  Nicolai Tangen To Partner In strategic sectors

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Chief Executive Officer of Norges Bank Investment Management, Nicolai Tangen ( manager of the world’s largest sovereign wealth fund) has expressed interest in partnering with Dangote Group to expand investments across Africa, particularly in strategic sectors such as power, energy, renewable energy, agriculture, fertiliser and cement.
This was made known during a meeting of Chief Executive of Dangote Group, Aliko Dangote  with Nicolai Tangen, the manager of Norwegian investment institution (with assets estimated at about $1.9 trillion) .
Also present at the meeting were Svein Tore Holsether, Chief Executive Officer of Yara International, and Terje Pilskog, Chief Executive Officer of Scatec, a global renewable energy company.
The engagement reflects growing international investor confidence in Africa’s industrial and infrastructure potential, as well as the increasing role of indigenous conglomerates such as Dangote Group in driving large-scale economic transformation across the continent.
Industry observers say the proposed collaboration could create significant opportunities for investments in critical sectors linked to energy transition, food security, industrialisation and infrastructure development.
The Norwegian sovereign wealth fund, regarded as one of the world’s leading institutional investors, has in recent years increased its focus on emerging markets, with Africa seen as a major frontier for long-term investment and value creation.
Analysts believe a partnership between Norges Bank Investment Management and Dangote Group could unlock substantial capital flows into infrastructure and industrial projects across Africa, helping to accelerate economic growth and regional integration.
Nkpemenyie Mcdominic, Lagos
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