Business
Abuja Faces Power Outage as TCN Issues Disconnection Notice to AEDC
Darkness may soon envelop Abuja, as well as parts of Nasarawa, Niger, and Kogi states, following a recent notice issued by the Transmission Company of Nigeria (TCN).
The TCN has informed the Abuja Electricity Distribution Company (AEDC) of a forthcoming disconnection due to its failure to adhere to established Market Rules.
In a disconnection notice dated Friday, signed by Ali Ahmad, the Market Operator at TCN, it was announced that the AEDC faces a five-working-day ultimatum to address these compliance issues. If the AEDC does not rectify its infractions by the deadline, which falls on July 28, 2024, the disconnection will be enforced.
The impending disconnection is set to affect the 33kV feeder linked to the 132/33kV Katampe 1 Transmission Station, as well as Feeder 3 from the 132/33kV Central Area Transmission Station. This action comes as a result of AEDC’s non-compliance with Section 15.3.3.a of the Market Rules.
The TCN’s notice also highlighted that proper procedures, including newspaper publications, have been followed to ensure AEDC was made aware of its violations. The company has been given a five-day window to remedy these issues before the disconnection is carried out.
The Federal Government trains 500 women and youths in food production and agriculture. The programme was started to support food security.
The Federal Ministry of Agriculture and Food Security partnered with the National Horticultural Research Institute (NIHORT).
The women and youths were taught tomato, okra and Telfairia production techniques. The government believes this will help boost agriculture, improve food production and strengthen the economy in Ogun State.
According to reports, fuel stations are reducing their prices a bit. This has become a general thing around Nigeria after the spike due to the removal of subsidy.
The prices are dropping to ₦1,275 and ₦1,299, going lower than ₦1,300 compared to what it was before.
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
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