Day: November 13, 2020

Nigeria’s power grid collapses, plunges Lagos, others into darkness

Gbenga Adeoti

  The Electricity Transmission System also known as National grid in Nigeria on Friday suffered a partial collapse, which plunged the whole of Lagos, the country’s commercial capital, and environ into total darkness for about 37 minutes. Platforms Africa exclusively gathered that the collapse occurred around 12:58 West African Time (WAT). Electricity supply were, as a result of the collapse, cut to Eko Electricity Distribution Company (EKEDC); Ikeja Electric (IE) and Ibadan Electricity Distribution Company (IBEDC) for more than 30 minutes. Sources at the Transmission Company of Nigeria (TCN), an…

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Petrol hits N170/litre in Nigeria + PPMC Memo on Ex-depot price hike

Efe Wellington

  The price of Premium Motor Spirit (PMS) also known as petrol in Nigeria is to hit as high as N170 per litre as Pipelines and Products Marketing Company (PPMC) hiked the ex-depot price to N155.17 per litre. Before this action by PPMC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), the ex-depot price of petrol was N147.67 per litre. Depending on the marketer involved or the proximity of thier filling stations to the loading depot, there is always a differentials of between N12 and N15 between the ex-depot…

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