Ikeja Electric Resumes Disconnection, Urges Customers to Pay Bills

Image

By Modupe Gbadeyanka

The suspension earlier placed on disconnection of power supply of its customers has been lifted by Ikeja Electric.

On April 1, 2020, Business Post reported that Ikeja Electric announced that it would not be disconnecting electricity of non-paying customers within its franchise network during the 2-week stay-at-home period enforced by federal government to curb the spread of coronavirus.

The move, according to the Acting CEO of Ikeja Electric, Ms Folake Soetan, was to ensure that “our customers enjoy steady and quality supply throughout this difficult period and beyond. We recognize the fact that electricity supply is critical to our ability to stay safe, clean and indoors.”

Last Monday, President Muhammadu Buhari announced that from May 4, 2020, there would be an ease in the 5-week lockdown in Abuja, Lagos and Ogun States.

In a notice today, Ikeja Electric said following the development, it was lifting the suspension on disconnection activities, urging energy consumers to pay their bills.

The electricity distribution firm said the appeal became necessary because of its need to meet some obligations to the Nigerian Electricity Supply Industry (NESI).

“As we begin partial lockdown, we use this medium to inform our customers of the need to start paying their bills to avoid power cuts as we have also lifted the suspension of disconnection activities.

“The request is necessitated by the need to meet our obligations to the Nigerian Electricity Supply Industry (NESI), as paying your bills will enable us to meet our financial obligation to the market operators and this will ensure that the country continues to generate power supply,” Ikeja Electric said.

While thanking its customers for their “continued understanding and allowing us to serve you,” the company appealed to consumers to “continue to adhere to all the safety rules of personal hygiene and social distancing.”

Ikeja Electric expressed hope that business activities will gradually return to normal with the partial lifting of the lockdown order by the federal government.

Business Post observed that throughout the period of the lockdown, Ikeja Electric focused on increasing supply to its customers.

Share
Related Stories
Image
20-February-2024

Prof Ben Nwabueze to Buried February 29 in Anambra

By Modupe Gbadeyanka The remains of a foremost constitutional lawyer, Professor Ben Nwabueze, will be laid to rest on Thursday, February 29, 2024, at his country home in Atani, Ogbaru Local Government Area, Anambra State, a statement from the Prof Ben Nwabueze National Burial Committee has announced. The burial team is co-chaired by the former Commonwealth Secretary-General, Mr Mr Emeka Anyaoku, and the President-General of Ohanaeze Ndigbo Worldwide, Mr Emmanuel Iwuanyanwu. In the statement issued on Monday, it was stated that the burial activities would commence on Thursday, February 22, 2024, with a Valedictory Court Session at the Lagos State

Image
14-February-2024

$6.2m: CBN Staff, Two Others in Trouble for Forging Buhari’s Signature

By Aduragbemi Omiyale Three persons, including a staff of the Central Bank of Nigeria (CBN), Mr Odoh Ocheme, are on the run for allegedly forging the signature of former President Muhammadu Buhari to pull out $6.2 million from the apex bank. It was reported that the money was withdrawn as cash to pay foreign election observers in the 2023 general elections in the country. On Tuesday, the former Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, told Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court in Maitama, Abuja, that a memo used to withdraw

Image
20-February-2024

Group Urges Tinubu, NNPC, Others to End Gas Flaring in Ubeji Community

By Modupe Gbadeyanka President Bola Tinubu has been charged to put an end to gas flaring in Ubeji, a community in the Warri South Local Government Area of Delta State. This call was made by a group of Non-Governmental Organisations (NGOs) and media professionals comprising the Social and Economic Justice Advocacy (SEJA), Web of Support Youth Development Program Nigeria, and Advisors Reports.Com. In a statement on Tuesday in Lagos, the consortium also appealed to the Nigerian National Petroleum Company (NNPC) Limited to do everything within its power to save the inhabitants of the sleepy satellite community located around the Warri

More Stories
Image
08-December-2017

I Suspended Gwarzo for Threatening to Blackmail Me—Adeosun

By Modupe Gbadeyanka Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has explained the main reason she suspended Mr Mounir Gwarzo as the Director General of the Securities and Exchange Commission (SEC) last Wednesday. In a statement issued in Abuja on Friday, the Minister disclosed that the suspended regulatory chief was punished for allegedly trying to blackmail her. She, however, refuted reports that she punished the SEC boss for his refusal to stop the forensic audit of Oando Plc. Mrs Adeosun described such reports as totally “misleading and mischievous.” Mr Gwarzo was suspended last week by the Minister after insisting on

Image
24-May-2018

201 Pensioners in Oyo to Share N201m

By Dipo Olowookere The sum of N200.9 million has been released by the Oyo State government for the payment of year 2011, 2012 gratuity for about 201 retired Civil Servants in the state from grade level 01-07. Head of Service in Oyo State, Mrs Olawumi Ogunesan, who made the disbursement of cheques on Thursday, to the beneficiaries at the Old Ministry of Establishment and Training, Secretariat, Ibadan, explained that the payment was an attestation to the fact that the state government was paying gratuities to pensioners based on merit and without influence or favour. The HoS represented by the Acting

Image
30-April-2021

First Bank Saga: CBN Reaffirms Authority, Reinstate Adesola as MD

By Adekunle Abolaji The Central Bank of Nigeria (CBN) has sacked the Board of Directors of First Bank of Nigeria and reinstated Adesola Adeduntan as the Managing Director. The apex bank also appointed new Directors comprising Dr Fatade Abiodun Oluwole, Kofo Dosekun, Remi Lasaki, Dr Alimi Abdulrasaq, Ahmed Modibbo, Khalifa Imam, Sir Peter Aliogo, and UK Eke (Managing Director) as Directors of FBN Holdings Plc. Remi Babalola was appointed as the Chairman. The reaffirmation of Adesola Adeduntan as the Managing Director of First Bank by the central bank is a strategic and bold decision aimed at stabilizing Nigeria’s financial sector.

Image
22-April-2021

Crude Drops as Rising US Inventories Add to COVID-19 Pressures

By Adedapo Adesanya Oil prices extended their fall into another day on Wednesday as surging COVID-19 cases affecting demand were further dampened by a slight increase in crude inventories in the United States. Consequently, the Brent crude futures dropped 27 cents or 0.41 per cent to $65.05 per barrel, while the West Texas Intermediate (WTI) crude futures lost 27 cents or 0.44 per cent to trade at $61.08 per barrel. According to the Energy Information Administration (EIA), there was an inventory build of 600,000 barrels for the week to April 16 in the US compared with the decline of 5.9

Image
25-September-2017

Deadly Attack on Edo Zoo Big Blow on Tourism Sector—FG

By Modupe Gbadeyanka Federal Government has strongly condemned the attack on Ogba Zoo and Nature Park in Benin, Edo State, on Sunday, during which three policemen were killed and the Head of the Zoo, Dr Andy Ehanire, was abducted by the attackers. Minister of Information and Culture, Mr Lai Mohammed, in a statement issued on Monday, described the attack on one of the country’s foremost tourist destinations as a big blow to ongoing efforts to lift the tourism sector in the country. “The success or failure of a tourism destination depends largely on a safe and secure environment. Incidences such

Image
20-September-2016

StarOfService Secures $10m Investment

By Dipo Olowookere Europe’s leading marketplace for local services, StarOfService, has successfully raised $10 million in Series A investment. It follows two previous seed funding rounds worth $2 million in total and will accelerate the French start-up’s ambitious expansion plans to take the global leadership position. StarOfService, launched in 2013, handles more than two million requests online from customers looking to find local services to meet specific needs, anything from wedding photographers, plumbers, language teachers and DJs, to Pokémon Go ‘masters’ for hire. The platform generates over €800m in business volume to the service professionals listed on its site –

Image
09-January-2023

Airtel Acquires 5G Spectrum in Nigeria for $316.7m

By Aduragbemi Omiyale Airtel Networks Limited, also known as Airtel Nigeria, has acquired 4G and 5G spectrums from the Nigerian Communications Commission (NCC) for a cumulative price of $316.7 million. This was confirmed on Monday by the parent company of the Nigerian subsidiary, Airtel Africa Plc, which trades its shares on the Nigerian Exchange (NGX) Limited. In a regulatory notice, the firm said the $3.16.7 million for the 100 MHz of spectrum in the 3500MHz band and 2x5MHz of 2600MHz would be paid to the regulator in Naira. Airtel expressed its excitement at buying the spectrums, saying they would ensure

Image
09-April-2021

Queen Elizabeth II’s Husband Prince Philip Dies at 99

By Adedapo Adesanya The husband of Queen Elizabeth II of Great Britain, Prince Phillip, has died at the age of 99, a statement from Buckingham Palace has revealed. Prince Philip was the longest-serving royal consort in British history after getting married to Princess Elizabeth in 1947, five years before she became the Queen. The Palace announced the death of the late monarch via its official Twitter handle today. He was said to have passed away peacefully this morning at Windsor Castle. “The Royal Family join with people around the world in mourning his loss. Further announcements will be made in

Ad
Ad
Recent Stories
Image
21-February-2024

AFC to Pump $40m Into African Medical Centre of Excellence Abuja

By Adedapo Adesanya  African instrumental infrastructure solutions provider, Africa Finance Corporation (AFC), has signed an equity investment term sheet, pledging up to $40 million towards the construction of an Abuja-based hospital, the African Medical Centre of Excellence (AMCE). The quaternary-level multi-specialty medical institution developed by the African Export-Import Bank (Afreximbank) in collaboration with King’s College Hospital, London, aims to revolutionise healthcare in Africa. Hospitals across West Africa struggle with funding, lack of essential resources, and limited access in rural areas. This flagship facility in Abuja is a key part of Afreximbank’s network of healthcare facilities, actively countering brain drain, reducing

Image
21-February-2024

Oyo Reopens Shri-Balaji After Closure Over Pollution

By Aduragbemi Omiyale The industrial company sealed earlier this month nonconformity and adherence to environmental laws of Oyo State, Shri-Balaji Industries Limited, has been reopened. The facility was unsealed on Wednesday on the directive of the Commissioner for Environment and Natural Resource, Mr Abdulmojeed Mogbonjubola. The company, which engages in the recycling of waste tyres to produce Pyrolysis oil and carbon black and steel wire as by-products, was closed by the state government to protect the lives of residents of the area. A statement made available to Business Post disclosed that for it to be reopened, Shri-Balaji paid a fine

Image
21-February-2024

FG to Restructure, Recapitalise Bank of Agriculture for Better Value

By Adedapo Adesanya The federal government has revealed plans to recapitalise and restructure the Bank of Agriculture (BOA) to bolster Nigeria’s agricultural sector and achieve national food security. This was one of the core revelations made by the Vice President, Mr Kashim Shettima, during the first meeting of the National Council on Privatisation (NCP) for the year 2024 at the Presidential Villa, Abuja on Tuesday. He said there is a central role that BOA could play in achieving national food security, citing its extensive branch network across all senatorial districts in the country. Mr Shettima, however, expressed concern about the

Image
21-February-2024

Foundation Urges Nigerians to Adopt Waste Management Hierarchy

By Aduragbemi Omiyale A recycling organisation, Turn Plastic Recycling Foundation, has encouraged Nigerians to embrace the waste management hierarchy to make the country a zero-waste society. The Project Manager for the firm, Mr Leo Nwofa, while giving a summary of the project journey in the past two years of the foundation, said to save the planet, people must adopt the system of proper waste disposal for recycling after use. The waste management hierarchy gives top priority to waste prevention, followed by reuse, recycling, recovery and finally disposal. Speaking at an event to mark the second anniversary of Turn Plastic Recycling

Image
21-February-2024

Peter Obi Fumes as CBN Hikes Cargo Clearing Rate to N1,605/$1

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has once again increased the exchange rate for customs cargo clearance by 9 per cent or N133.06 from N1,472.76/$1 to N1,605.82/$1. The new rate, which has already been reflected on the Nigeria Customs Service (NCS) portal, will further dampen the hope of importers, and trigger an increase in the price of imported products like food, fuel, spare parts, and phones, among others. The CBN had recently reduced the exchange rate from N1,515.48/$1 to N1,472.756/$1 after the market eased following some recent policy steps. This review will be the 12th since the

Image
21-February-2024

Panic at Black Market as EFCC Intensifies Clampdown on BDCs

By Dipo Olowookere There is apprehension at the black market segment of the foreign exchange (FX) market in Lagos and other cities across the country as security officials, especially from the Economic and Financial Crimes Commission (EFCC), are going after traders at the landscape. Recall that on Monday, some agents of the organisation disrupted business activities in Abuja, and on Tuesday, a similar scenario occurred at the popular Alade Market in Lagos. On Wednesday, Business Post gathered that more places were touched, with two of the Bureaux De Change (BDC) operators allegedly picked up by security operatives in the Agege

Image
21-February-2024

VFD Group Donates Books to Comenius Nursery and Primary School

By Modupe Gbadeyanka About 1,000 copies of Mama’s Sleeping Scarf by renowned Nigerian writer, Ms Chimamanda Ngozi Adichie, have been donated to the pupils of Comenius Nursery and Primary School in the Ikola area of Lagos State. The educational items were given to the elementary school by a leading proprietary investment company, VFD Group Plc, as part of its Corporate Social Responsibility (CSR) initiative. The firm, which is committed to fostering growth across diverse industries in Africa, said the books were donated to promote reading culture among children and inspire young minds to explore limitless possibilities. Mama’s Sleeping Scarf is

Image
21-February-2024

DSS Warns Organised Labour To Shun Planned Protest

By Adedapo Adesanya The Department of State Services (DSS) has urged Nigerians planning to protest next week led by organised labour to halt the idea. According to a statement from the spokesperson of the Nigerian secret police on Wednesday, Mr Peter Afunanya, there were plans by sections of the organised labour to stage protests in parts of the country over sundry economic issues between February 27 and 28, 2024 “While the Service recognises such action as the legitimate right of the labour movement, it, however, urges the body to shelve the plan in the interest of peace and public order,”

Image
21-February-2024

FG Completes $70m Yearly Concessionaire of Zungeru Plant to Penstock

By Adedapo Adesanya The federal government has completed the transfer of the operations of the Zungeru Hydroelectric Power Plant (ZHPP) to a concessionaire, Penstock Limited, in a move that will see the country earn $70 million yearly from the deal. The Vice President, Mr Kashim Shettima, confirmed this during the first meeting of the National Council on Privatisation (NCP) for the year 2024 at the Presidential Villa, Abuja on Tuesday. A concession is a kind of partnership between the public sector and often private companies that have shown its added value in a specific area, for example developing infrastructure. The

Image
21-February-2024

Rita Alakija’s Team Wins Coronation Group’s Lagos Polo Silver Cup Tourney

By Adedapo Adesanya African financial services provider, Coronation Group Limited, successfully concluded the highly anticipated Coronation Silver Cup final on Sunday, February 18 at the prestigious Lagos Polo Club in Ikoyi. The final match of this esteemed tournament was marked by the presence of distinguished guests, thrilling gameplay, and a celebration of sporting excellence. Special guests in attendance included President Tinubu’s Special Adviser on Industry, Trade and Investment, Mr John Uwajumogu, and Mr Abdul Samad Rabiu, Chairman/Founder, BUA Cement Plc. among others. The presence of these industry titans added to the excitement of the event and underscored the significance of