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Grid Collapse: We’ve Resolved Nationwide Blackout – FG

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The Federal Government, on Wednesday, claimed that it has solved the power outage being experienced across the country.

However, the apex government blamed pipeline vandalisation, grid collapses among other challenges as causes of the recurrent nationwide blackout.

The Minister of Power, Abubakar Aliyu, disclosed this while briefing State House Correspondents after the week’s virtual Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo.

“We have recovered the grid now. The grid is back and we are trying to get more megawatts to push on the grid. We have set up small committees all geared towards getting more megawatts to put on the grid,” he told reporters.

He added, “The current challenges of electricity supply in Nigeria are being resolved with the ongoing restoration of normal operations. Early in the week, the national grid suffered a decrease in electricity due to so many factors. However, more of the power is being restored.

“The current energy crisis confronting some key sectors of the economy also contributed to the problems we are facing now in the power sector.

“We are where we are today also because of the increasing vandalization of pipelines that also supply gas to the power plants. This too is being resolved in collaboration with the relevant agencies. NNPC and other gas suppliers are working relentlessly to restore gas supply for optimum power supply.

“The government is doing everything, working with the relevant security agencies to stop the vandalization of pipelines.

“Routine maintenance of power generating plants had also contributed to the current power outages we are experiencing.

“These challenges do not in any way indicate that the ongoing rehabilitation of the national grid by the government is not yielding results.

“Despite all the challenges, we are recording successes and the grid is being restored back to full operation. Government solicits the support of all Nigerians at this time, while efforts will continue to increase and stabilize the electricity supply across Nigeria.

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

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NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.

The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and online transactions amid an ever-evolving cyber threat landscape. In addition to this achievement, NOVA Bank is already certified in ISO 27001 for Information Security Management and BCMS 22301 for Business Continuity Management, further underscoring its dedication to operational excellence and security.

Speaking on the achievement, Acting Managing Director and CEO of NOVA Bank, Mrs. Chinwe Iloghalu, described the certification as a pivotal moment for the Bank and its customers.

“This certification underscores NOVA Bank’s unwavering dedication to maintaining the highest global standards in cybersecurity. As we continue to innovate with customer-centric retail products, cybersecurity remains at the heart of our operations. Our customers can rest assured that their data and transactions are protected by some of the most advanced security frameworks in the industry. Trust is built on security, and NOVA is committed to providing a secure, reliable, and innovative banking experience,” Mrs Iloghalu stated. The Bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, who also serves as the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), emphasized the broader implications of the certification.

“The ISO 27032 certification highlights NOVA Bank’s proactive approach to addressing cybersecurity challenges. It demonstrates our readiness to protect against evolving threats and our ability to adapt to the dynamic landscape of digital banking. This certification reinforces our commitment to delivering secure and uninterrupted services to our valued customers,” Dr. Isavwe remarked.

This milestone aligns with NOVA Bank’s overarching strategy of integrating cutting-edge technology with its trademarked Phygital model—seamlessly blending physical and digital banking experiences, while maintaining an unwavering focus on customer trust and satisfaction.

As the bank prepares to launch a series of innovative retail banking products, this certification highlights its dedication to prioritizing cybersecurity, ensuring a secure and seamless banking experience for all its customers.

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JUST IN: Customs Hands Over 21 Stolen Vehicles To Canadian Government

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The Nigerian Customs Service (NCS) has transferred 21 stolen “Sport Utility Vehicles” (SUVs) and other assorted vehicles to the Canadian Government, following their recovery from various locations across the country.

 

More to come…

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BIG STORY

Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

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The Economic and Financial Crimes Commission (EFCC) has revealed that former Kogi State governor, Yahaya Bello, has been detained in the agency’s custody for allegedly misappropriating over N110 billion in public funds.

The EFCC stated that the former governor appeared at its headquarters after months of ignoring invitations and avoiding court summons related to fraud connected to his administration.

EFCC spokesperson, Dele Oyewale, on Tuesday said that Bello had been detained and would be questioned about the allegations against him.

According to reports, Bello responded to the EFCC’s invitation on Tuesday, arriving at the EFCC office with his lawyers, but without his successor, Governor Usman Ododo, who had reportedly been shielding him from arrest.

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