General
Apapa Gridlock: Ambode Bars Trucks From Entering Lagos
**Orders RRS, LASTMA, LASEMA to enforce directive at state borders
By Dipo Olowookere
Governor Akinwunmi Ambode of Lagos State has approved the restriction of trucks entering the metropolis as a way of dealing with the incessant traffic logjams experienced at the Apapa axis of the state.
At a press conference jointly addressed on Friday by officials of the state as well as members of the Association of Maritime Truck Owners (AMATO) at the Bagauda Kaltho Press Centre in Alausa, the state government specifically said owners and operators of articulated vehicles/trailers and petroleum tankers should stay away from Lagos for now.
It regretted that the incessant traffic bottleneck had impacted negatively on the commercial activities of the citizenry, adding that the directive would be enforced to eliminate the current hardship being faced by motorists.
Addressing the briefing, Acting Commissioner for Transportation, Mr Olanrewaju Elegushi, said investigations revealed that the traffic lockdown was a direct result of the challenges being faced by operators of the ports’ which had made it impossible for them to load the articulated vehicles/trailers that has come from the hinterland to evacuate imported items from the ports.
He said the gridlock was worsened by the current rehabilitation of some major roads and other minor roads which necessitated the closure of some roads in Apapa, noting that the situation had led to the traffic bottleneck and backflow of the articulated vehicles to as far as Ojuelegba on the Funsho Williams Avenue, Surulere.
Explaining the reason for the directive, Commissioner for Information and Strategy, Mr Steve Ayorinde, said the Apapa gridlock had also become a reoccurring problem due to constant breakdown of operations at the Ports.
“Clearly, it is the breakdown of operations at the Port that is the monster causing this reoccurring issue. We keep having this issue of gridlock in Apapa because issues that the Ports Authorities and the concessionaires are dealing with are recurrent and the spill over effect of those issues are causing all these.
“If the Ports can’t determine how many trucks they are able to deal with on a daily basis; how they are informed about coming in and going out, then it will be a problem to deal with.
“What we need to do is to keep on engaging with them, we keep on engaging with other states and so on. I mean people who have trucks in other states and already know that there is a logjam in Lagos, why send other trucks to Lagos? While clearing the mess that the Lagos State Government did not cause, can people not consider it logical to wait for few days for us to clear this and this is the reason why we are saying that trucks should stay away from Lagos in the interim.
“The idea is not to say don’t come into Lagos. It is part of what makes the economy of Lagos what it is but we are saying let us deal with the logjam that we have presently and there is no way we can deal with it, we can only deal with the effect because the causes essentially have to do with the operations at the Ports and that is why we are appealing to them,” Mr Ayorinde explained.
He also said that the Nigeria National Petroleum Corporation (NNPC) had been unable to load product from its Mosimi Depot in Ogun State due to vandalisation, noting that tankers hoping to get fuel across to the South West States are stranded in Lagos.
In the interim, the government, however, urged the operators to utilise the Ogere Trailer Park and other parks outside the state to avoid further hardship for motorists on the road, assuring that all measures would be deployed to ensure quick resolution of the situation.
On his part, General Manager of the Lagos State Emergency Management Agency (LASEMA0, Mr Adesina Tiamiyu, said the state government has already instructed the agency alongside Rapid Response Squad (RRS) of the Nigeria Police and the Lagos State Traffic Management Authority (LASTMA) to enforce the order restricting trucks from entering Lagos for now, noting that the enforcement will subsist pending when the spill over of traffic is cleared.
He urged residents not to hesitate to immediately alert State authorities through the 112 and 767 toll free lines in the eventuality of any danger lurking.
Also speaking, President of AMATO, Mr Remi Ogungbemi said the present situation was worrisome as it is a time bomb waiting to explode if unchecked.
He urged the Federal Government to take a cue from the Lagos State government and collaborate to resolve the crisis as soon as possible.
While pledging the readiness of members of his association to support efforts geared to restore sanity, Mr Ogungbemi also called for a regulatory system in place to manage call-up of trucks through technology.
Recall that this week, the Lagos State House of Assembly appealed to the NNPC to relocate tank farms in Apapa to other less populated areas so as to ease hectic traffic situation in the area.
General
Watt Renewable Secures $15m Loan for Hybrid Solar Power Plants in Nigeria
By Dipo Olowookere
A $15 million debt facility has been obtained by Watt Renewable Corporation from the AfriGreen Debt Impact Fund to finance hybrid solar power plants to be built and operated by the former, especially in Nigeria.
WATT intends to use the projects to serve commercial and industrial clients in Nigeria, particularly in the telecommunication and financial services sectors.
By integrating solar hybrid solutions, the firm aims to significantly reduce diesel consumption and CO2 emissions, enabling its clients to achieve substantial energy cost savings while promoting environmental sustainability.
As a pioneer in renewable energy solutions, WATT continues to drive innovation in Nigeria’s energy sector.
The company’s robust roll-out plan includes deploying hundreds of hybrid solar power sites nationwide to meet the growing energy demands of commercial & industrial clients.
This strategic expansion aligns with WATT’s vision to revolutionize energy access across Africa, enabling sustainable development and reducing reliance on fossil fuels.
The funds from AfriGreen provide the critical capital needed to accelerate WATT’s ambitious projects, strengthening its market position and empowering businesses with reliable and affordable energy solutions.
Business Post gathered that to mitigate the currency risk for WATT in the event of devaluation of the Nigerian Naira, AfriGreen is offering a local currency facility that matches the payment structure of the power purchase agreements.
“We are thrilled to partner with AFRIGREEN on this transformative journey to expand reliable and sustainable energy solutions across Africa.
“With this support, it enables us to accelerate our shared mission of providing hybrid solar power to businesses, reducing carbon emissions, and supporting economic growth while enhancing energy security for our clients,” the Managing Director of WATT, Mr Oluwole Eweje, said.
“We are delighted to support WATT in rolling out hundreds of hybrid sites across the country.
“This represents another key transaction for AFRIGREEN in Nigeria. The combination of high energy prices, good solar irradiation, and strong demand from industrial and commercial energy users makes this market particularly attractive for companies like WATT.
“By leveraging these favourable market conditions alongside WATT’s exceptional operational performance and a well-structured financing solution, we are setting the stage for a strong and lasting business partnership,” the Managing Director of AfriGreen, Mr Alexandre Gilles, stated.
General
NMDPRA Denies Restricting Gas Supply to Gencos
By Adedapo Adesanya
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied issuing a directive that gas supply to power generating companies (GenCos) be halted.
In a statement on Wednesday, the authority also denied instructing wholesale gas suppliers to stop further supply of gas to companies due to failure in payment obligations.
The NMDPRA described reports stating that it has directed the stoppage of gas supply to GenCos over N2 trillion debt as “false and completely unfounded”.
“It has absolutely no bearing on the information shared at a recent stakeholders’ engagement held in Lagos between the Authority, the OPTS, IPPG and other stakeholders in the oil and gas industry,” the NMDPRA said.
“The purpose of the engagement was to sensitise stakeholders on the requirements, opportunities and benefits associated with the implementation of the wholesale supply license as provided by sections 142 and 197 of the Petroleum Industry Act (PIA) 2021.
“It was a follow-up to an earlier stakeholder engagement held at the NMDPRA corporate headquarters in Abuja on November 27, 2024.
“The Authority wishes to reassure all our stakeholders and indeed the general public that at no time was the false statement made at that event and anywhere else, and are advised to completely disregard the publication as every effort is being made to ensure that the supply and distribution of natural gas and petroleum products to end users is seamless and unabated as we head into the festive season and indeed all through the coming year 2025.”
Recall that Nigeria’s national grid experienced another collapse on Wednesday, the 11th time in 2024 as Gencos couldn’t generate enough power, compounding issues facing the Nigerian power sector.
This was the first time in over a month as the last time the nation witnessed a nationwide shutdown in electricity supply was on November 7, 2024.
Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.
General
Power Outage in Nigeria as National Grid Collapses
By Aduragbemi Omiyale
Nigeria is currently experience a cut in power supply after the national grid collapsed for the 11th time in 2024.
This is the first time in over a month as the last time the nation witnessed a nationwide shut down in electricity supply was on November 7, 2024.
Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.
However, just when Nigerians were thinking they will not witnessed another national grid collapse in the year, it issue reared its ugly head again.
On Wednesday afternoon, most of the energy distribution companies suffered power outage, prompting them to inform their customers of the situation.
One of the DisCos, Ikeja Electric Plc, in a message to electricity consumers under its franchise area, said, “Please be informed that we experienced a system outage today, December 11, 2024, at about 13:32 hours affecting supply within our network.
“Restoration of supply is ongoing in collaboration with our critical stakeholders. Kindly bear with us.”
Recall that on Tuesday, in a report, Google listed national grid as one of the top trending searches by Nigerians this year.
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