Category: Business

  • AEDC announces power outage in Lugbe, Airport Road, Gaduwa, Apo Areas

    AEDC announces power outage in Lugbe, Airport Road, Gaduwa, Apo Areas

    ABUJA, Nigeria (NPA) — The Abuja Electricity Distribution Company (AEDC) has announced an extension of the ongoing power outage affecting residents in Lugbe, Airport Road, Gaduwa and parts of Apo in the Federal Capital Territory.

    In a public notice issued on Tuesday, the company said the relocation of critical electricity infrastructure along the 33kV Feeders H21 and H23, as well as the 11kV Feeder H1A in Gaduwa District, could not be completed as earlier scheduled.

    According to AEDC, the exercise is being carried out at the instance of the Federal Capital Development Authority (FCDA) to facilitate ongoing road construction projects in the area.

    The company said the relocation work has now been extended until 6:00 p.m. on May 12, 2026.

    AEDC stated that electricity supply to the affected areas would remain temporarily disrupted until the exercise is completed.

    “We sincerely apologise for the delay and any inconvenience this extended outage may cause. We appreciate your patience, understanding, and continued cooperation,” the company said.

    AEDC advised customers seeking further clarification to contact its customer service line.

  • Mbah showcases Enugu’s tourism drive, hails Jim Nwobodo at 86 for laying a strong foundation

    Mbah showcases Enugu’s tourism drive, hails Jim Nwobodo at 86 for laying a strong foundation

    ENUGU, Nigeria (NPA) — Peter Mbah has reiterated the importance of ongoing recreational and entertainment infrastructure projects being developed across Enugu State as part of efforts to position the state as a leading tourism and investment destination.

    According to the governor, his administration’s vision extends beyond attracting investment to building a state that people from across the world would visit to experience its culture, hospitality and tourism potential.

    Mbah listed projects, including the proposed Zipline Adventure, Water Park, Ngwo Park and Canopy Walkway, among initiatives designed to transform the state’s tourism landscape.

    “We are creating more than infrastructure. We are creating destinations, experiences, and memories that will position Enugu as a leading hub for both business and leisure,” he said.

    The governor stated that the projects are aimed at opening up a new face of tourism that reflects the beauty, energy and possibilities within the state.

    Meanwhile, Mbah also paid tribute to former governor and elder statesman, Jim Nwobodo, on his 86th birthday, describing him as an uncommon icon whose legacy continues to inspire generations.

    “There are some lives whose impact speaks louder than words ever can, and His Excellency, Distinguished Senator Jim Nwobodo, is one of them,” Mbah said.

    According to the governor, Nwobodo’s life remains a reflection of leadership, service and dedication to society.

    “At 86, his journey remains a constant reminder that leadership and service are not defined by a season, but by a lifetime of dedication to people and society,” he stated.

    Mbah further described the former governor as a statesman and bridge builder whose contributions to development remain visible across Enugu, Anambra and parts of present-day Ebonyi State.

    “Across Enugu, Anambra, and parts of present-day Ebonyi, the imprint of his administration is still visible, a testament to visionary leadership that outlives its era,” he added.

    The governor prayed for continued strength, peace, good health and wisdom for the elder statesman.

  • Rising water prices squeeze Lagos households as cost-of-living pressure deepens

    Rising water prices squeeze Lagos households as cost-of-living pressure deepens

    LAGOS, Nigeria (NPA) — Residents across parts of Lagos are facing increasing pressure on household budgets as the cost of drinking water continues to rise, forcing many families to adjust consumption patterns amid worsening living conditions.

    A market survey conducted by the News Agency of Nigeria (NAN) shows a steady increase in the prices of sachet, bottled, and dispenser water in recent months.

    According to the survey, a bag of sachet water, popularly known as “pure water”, now sells between ₦500 and ₦800 in several areas, depending on location, up from about ₦350 to ₦450 recorded in late 2025.

    The increase has left many residents struggling to cope, with some diverting part of their feeding allowance to water purchases, while others resort to alternative — and sometimes unsafe — sources.

    Mrs Justina Orjiakor, a resident of Ikeja, said the rising cost has forced her family to ration water consumption.

    “In my family, we consume a lot of water. I used to buy two trips of 22 bags weekly for my household of four, but now I can only afford one. The rationing is not easy on us,” she said.

    An airport worker, Mr Godwin, said the price hike has significantly altered his spending habits.

    “Water is essential, but the price of bottled water keeps rising every few weeks from N1,400 late last year to N1,700 at the moment. It is becoming difficult to keep up,” he said.

    Another resident, Mrs Chiamaka, said the cost of dispenser-bottled water has risen from N1,200 to N1,700, forcing her family to reconsider switching to sachet water. She attributed the frequent changes to vendors.

    Mrs Ifeyinwa Ezeokoli, a resident of Ajao Estate, told NAN that she now spends between N16,000 and N20,000 monthly on sachet water for her family.

    “1 bag 10 bags of water for N4,000 at my area directly from the company,” she said.

    The civil servant lamented that the rising cost was straining her monthly budget alongside increasing food inflation.

    She also noted that sachet water sizes appear to have reduced despite the price increases, calling for regulatory attention.

    Ezeokoli urged the Lagos State Government to improve access to basic social amenities to prevent outbreaks of waterborne diseases and ensure affordable, safe drinking water for residents.

    However, vendors say the price increases are driven by rising production and distribution costs, including transportation and fuel.

    Mrs Opeyemi Abosede Akintunde, a shop owner in Ikeja, said frequent price adjustments are affecting both her business and customer relations.

    “The price changes almost every two months, and customers think I am responsible,” she said.

    She added that retail transactions have become increasingly difficult, with customers often complaining or refusing to accept new prices.

    “I spend more time explaining than selling. Some customers even insult you, not realising that we are also struggling,” she said.

    Akintunde, who has been in the trade for over seven years, said suppliers frequently adjust prices, leaving retailers with no choice but to pass the increases on to consumers.

    “When I buy at a higher price, I have no choice but to sell higher,” she added.

  • IBEDC apologises for power supply shortfall, lists affected feeders

    IBEDC apologises for power supply shortfall, lists affected feeders

    IBADAN, Nigeria (NPA) — The Ibadan Electricity Distribution Company (IBEDC) has issued a public apology to customers across its network for failing to deliver the estimated hours of electricity supply on several Band A feeders as of May 9, 2026.

    In a statement released by management, the company attributed the shortfall to a combination of Transmission Company of Nigeria (TCN) forced and planned outages, load shedding, overcurrent and earth faults, and disconnections for non‑payment. IBEDC assured customers that most affected feeders have now been restored, except the Water Works (Ojere) and Moniya Railway 33kV feeders, which remain disconnected.

    “We sincerely apologise for our inability to deliver the estimated hours of supply on your feeder,” the statement read. “We remain committed to delivering the estimated hours of supply.”

    The notice listed several major feeders and districts affected, including Ife 1 and 2, Akure 1, Oshogbo 1, Moniya, Bodija, Challenge, and Ogbomosho, among others. Areas such as Parakin, Mayfair, Ijapo Estate, Alagbaka GRA, Oja Oba, Bodija Market, and Ring Road experienced interruptions ranging from forced outages to earth faults and load shedding.

    IBEDC explained that the disruptions were largely due to technical issues within the transmission network and maintenance operations aimed at stabilising supply. The company emphasised that restoration efforts were ongoing and that customers in the affected areas would soon enjoy improved service reliability.

    The management reiterated its commitment to transparency and customer satisfaction, urging consumers to report faults promptly and settle outstanding bills to avoid disconnection.

  • AEDC announces two-day planned power outage in abuja over infrastructure relocation

    AEDC announces two-day planned power outage in abuja over infrastructure relocation

    ABUJA, Nigeria — The Abuja Electricity Distribution Company has announced a two-day planned power outage affecting parts of the Federal Capital Territory (FCT) to allow for the relocation of critical electricity infrastructure.

    According to a public notice dated May 8, 2026, the outage will affect residents in Lugbe, Airport Road, Gaduwa, and parts of Apo.

    The shutdown is scheduled for Saturday and Sunday, May 9 and 10, 2026, and is being carried out at the instance of the Federal Capital Development Authority.

    AEDC said the exercise is necessary to facilitate the relocation of power infrastructure along the 33kV Feeders H21 and H23, as well as the 11kV Feeder H1A in the Gaduwa District, to enable ongoing road construction works in the area.

    During the period, electricity supply to the affected communities will be temporarily interrupted, with restoration expected upon completion of the relocation exercise.

    The company assured residents that the outage is part of efforts to support public infrastructure development while maintaining the integrity of the electricity distribution network.

    AEDC also provided a contact line for enquiries and appealed for understanding from affected customers.

    “We sincerely apologise for any inconvenience caused and appreciate your understanding,” the notice stated.

  • Armed robbers invade Offa transmission station, TCN declares force majeure

    Armed robbers invade Offa transmission station, TCN declares force majeure

    ABUJA, Nigeria (NPA) — The Transmission Company of Nigeria (TCN) has declared force majeure on the Offa 132kV Transmission Substation following a robbery incident at the facility.

    According to the company, the substation, located in Offa, was invaded by heavily armed men who reportedly forced their way into the control room and held personnel on duty hostage at gunpoint.

    In a statement issued by General Manager, Public Affairs, Ndidi Mbah, the attackers allegedly ordered the operator on duty to shut down both the Offa and Ojoku 33kV feeders at exactly 12:45 a.m. on Thursday, May 7, 2026.

    The assailants were also said to have demanded a total shutdown of the substation. During the incident, some control switches and relay buttons were reportedly tampered with, while the 40MVA transformer was shut down at about 1:07 a.m.

    TCN disclosed that efforts were immediately made to restore operations after the incident.

    According to the company, the 40MVA transformer was restored at 1:13 a.m., while the Offa 33kV feeder was restored at 1:14 a.m. The Ojoku 33kV feeder was subsequently restored at 2:15 a.m.

    The company expressed regret over the inconvenience caused by the incident and reaffirmed its commitment to efficient electricity transmission across the country.

    “TCN regrets the inconvenience this incident may have caused and reaffirms its mandate to transmit bulk electricity efficiently to distribution companies’ load centres across the country,” the statement said.

  • NNPC/Renaissance JV flags off Vision First Plus health outreach in Ogoniland

    NNPC/Renaissance JV flags off Vision First Plus health outreach in Ogoniland

    RIVERS STATE, Nigeria (NPA) — The Nigerian National Petroleum Company Limited (NNPC) and its partners — Renaissance, TotalEnergies, and AENR Joint Venture, operated by Renaissance Africa Energy Company Limited — have launched the B-Dere Vision First Plus (Vision First + Health-In-Motion) Programme at the Model Primary Health Care Centre in B-Dere Community, Gokana Local Government Area of Rivers State.

    The four-day outreach, held from May 5 to May 8, 2026, was delivered in collaboration with the Rivers State Ministry of Health and the Kolmarg Eyesight Foundation. Hundreds of residents turned out to access free medical services, including eye screening, consultations and surgeries, provision of reading glasses, dental care, cancer screening, laboratory testing, health education, treatment of chronic and minor ailments, and distribution of insecticide-treated nets.

    During the flag-off ceremony, Nkechi Anaedobe, Head of Business Services at NUIMS, NNPC Ltd., joined Dr. Vincent Nwachukwu, Director of Medical Services at the Rivers State Ministry of Health, to present wellness packs to community members.

    The programme is part of NNPC Ltd.’s commitment to expanding access to quality healthcare in host communities and building sustainable partnerships with state institutions and credible non-profits.

  • Enugu Air cleared for regional flights, international operations set for year-end — Peter Mbah

    Enugu Air cleared for regional flights, international operations set for year-end — Peter Mbah

    ENUGU, Nigeria (NPA) —Governor Peter Mbah has announced that Enugu Air has received clearance from relevant aviation authorities to commence regional flight operations from Enugu State.

    Mbah disclosed that the state government secured approval from the Federal Ministry of Aviation for the state-owned airline to begin regional operations, adding that the airline already has aircraft ready to connect residents and businesses to wider opportunities across the region.

    The governor also revealed that Enugu Air is expected to commence international flight operations before the end of the year as part of efforts to position the state as a major economic and tourism hub in southeastern Nigeria.

    “We are building a system where movement in and out of Enugu is seamless, efficient, and reliable,” he said.

    Explaining the vision behind the initiative, Mbah described Enugu Air as “the pride of Ndi-Enugu,” noting that the airline’s fleet expansion was progressing aggressively.

    “We will soon start our regional flights by May. We have the aircraft to do so. Before the end of the year, we will commence our international flights. It is part of our global strategy to bring three million visitors to Enugu,” the governor stated.

    According to him, the airline forms a key component of the state’s broader economic development strategy aimed at attracting investment, boosting tourism, and expanding business opportunities.

    “Our goal is clear: to make Enugu the number one state for living and investment, and to grow our economy at the scale that truly transforms lives,” Mbah added.

  • CAC introduces seamless online payments for business name filings

    CAC introduces seamless online payments for business name filings

    ABUJA, Nigeria (NPA) — The Corporate Affairs Commission (CAC) has announced the introduction of seamless payment options on its portal to improve service delivery and enhance user experience.

    In a public notice issued on May 6, 2026, the Commission said customers can now conveniently make payments for selected filings directly on its Intelligent Company Registration Portal (iCRP) via the ReVOps platform.

    The CAC listed the affected services to include annual returns filing, change of principal place of business, cessation of business, change of business name, and modification of business objects for registered business names.

    Other services covered are changes in proprietors or partners, correction of proprietor or partner information, requests for certified true copies or extracts, and document downloads such as status reports and letters of good standing.

    The Commission stated that the initiative forms part of its ongoing efforts to make filing processes more seamless, efficient, and customer-friendly.

    It expressed appreciation to customers for their continued trust and reaffirmed its commitment to improving service delivery and providing more accessible digital solutions.

  • BREAKING: Dangote refinery denies PMS price increase, maintains ex-depot rate

    BREAKING: Dangote refinery denies PMS price increase, maintains ex-depot rate

    LAGOS, Nigeria (NPA) — Dangote Petroleum Refinery and Petrochemicals has denied reports of an increase in the ex-depot price of Premium Motor Spirit (PMS), stating that the price remains unchanged.

    In a statement issued on May 6, 2026, the company dismissed the claims and reaffirmed its commitment to maintaining stability in Nigeria’s domestic energy market.

    The refinery noted that keeping prices steady is part of its broader strategy to cushion the economy against external shocks, moderate inflationary pressures, and ensure energy affordability for consumers.

    It added that price stability is also critical to sustaining uninterrupted supply of petroleum products amid ongoing global uncertainties in the energy market.

    The management urged the public to rely only on official communications from the company for accurate information, reiterating its responsibility to safeguard consumers and support the broader economy.