News
‘Band A’ community in Lagos experience Blackout for three-months
…Begs IKEDC to fix faulty transformer
Residents and business owners on six streets — Raji Oba, Awoyemi, Folarin, Ajala, Olonade and Akinshola — in Alimosho area of Lagos State have decried the over three months’ power outage.
Frustrated by the prolonged blackout caused by a faulty transformer supplying power to the area, the residents took to social media asking the Ikeja Distribution Company to fix their faulty transformer.
According to them, the power outage which started since second week of March 2025 is crippling businesses and severely impacting the quality of life in the community.
The residents called on Ikeja Electricity Distribution Company (IKEDC) to urgently look into situation and address the prolonged power outage by fixing the faulty transformer in the area.
It was gathered that the six streets are categorised under the Band A, and ought to enjoy 20 to 24 hours of power supply daily.
However, these consumers complained that this has not been the case for over three months since the transformer was taken away.
They added that the prolonged lack of supply of electricity has made them vulnerable to attacks from marauders who operate under the cover of darkness.
One of the residents, Micheal, said the lack of power supply had worsened commercial activities in the community, adding that access to water resources had also been affected.
Michael said: “So, we are pleading as a community, as one, for Ikeja Electric and the appropriate authorities to listen to our cries to save our communities.
Olonade-Akinsola and other streets have always been a good community and we want it to remain like this.”
“We have been struggling in darkness,” another resident, who identified herself as Mama Chioma, said.
“We have been in total blackout for over three months, crippling businesses. We are pleading with IKEDC to urgently address this,” she further pleaded.
In a letter dated March 16 and addressed to IKEDC by the Olonade-Akinsola community titled: ‘Urgent request for Band A intervention on prolonged power outage in our community’, it noted that several efforts and reports have been made to IKEDC’s customer service and local office, but the situation remains unresolved.
“The power failure has severely impacted our daily activities, businesses, healthcare services and overall well-being in these six streets.
“We are yet to receive a clear response regarding an estimated time for restoration.
The continuous blackout has caused significant discomfort, economic losses, security concerns within our community.
“In the light of the above, we respectfully request urgent intervention and directive to the appropriate department to expedite the resolution of this issue,” the letter read in part.
The community further called on the Federal Competition and Consumer Protection Commission (FCCPC) and Nigerian Electricity Regulatory Commission (NERC) to urgently intervene in the situation.
Source: Tribune
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
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