BIG STORY

You Can Get Meters Free – Ikeja Electric To Customers

Published

3 years ago

March 4, 2022

An official of Ikeja Electric, James Timothy, has said that electric meters are free to their customers, despite the payment that several consumers make to acquire meters for their property.

Speaking at a virtual sensitization meeting organized by IE for Youth leaders and stakeholders, on Friday, March 4, 2022, Timothy said that meters rolled out under both the Federal Government National Mass Metering Programme and Meter Asset Provider are free to consumers.

The official of the IE Metering Project Team said that, while no payment is required at all for meters issued under the FG’s NMMP because all payments have been made by the Central Bank of Nigeria, meters issued under MAP require payment by consumers before they are issued.

He, however, said that the amount paid by a customer to acquire a meter under MAP is refunded to the customer in form of energy credit spread over 36 months. “So, it is also free,” he said.

Timothy added that phase zero of the FG’s NMMP is now completed with over 106,000 customers metered. He said IE now awaited the FG to release meters for phase one of the programs.

He also said phase two of MAP was currently ongoing and customers who could not wait for the FG’s NMMP should key into MAP, as he promised speedy metering for all applicants. He noted that over 300,000 customers were metered under the first phase of MAP, and several others were already being metered under phase two.

Speaking on safety, a safety expert from IE, Aniefiok Etim, urged every customer to be safety conscious as they approached the rainy season.

He stated that many of the installations on the IE network were inherited and some were already weak and dilapidated. He noted that the weak installations could be easily impacted by the rain and cause electrocution if people conducted activities too close to them.

He also urged parents to ensure that electrical appliances were kept away from children to avoid electrocution at home as he advised customers to avoid overloading sockets in their homes.

Also speaking at the sensitization meeting, the IE Manager of Media and Community Relations, Akinola Ayeni, charged stakeholders on the need to engage the communication channels of the company for customer complaints and other issues.

He decried the rate at which field officers were being harassed while on their duty and pleaded that customers should report issues via the communication channels, which were given out during the meeting, instead of resulting in assault or violence.

Responding to a question on safety, Ayeni said it was dangerous for people to conduct any activity, or build any property, around electric installations. He said, “People conducting any kind of activity or erecting any building must give a minimum distance of 5.5metres, on both sides, from 11kV and 33kV lines.

“A minimum distance of 15metres is required on both sides of a 132kV line; while a minimum of 25metres must be given, on both sides, from a 330kV line.”

According to him, the recommended distance would ensure safety in the event of fallen poles or snapped cables.

Other officials, including Ijeoma Ezeolisah, Edwin Agbo, and the IE Ikorodu Business Unit Public Relations Officer, Adebayo Dawodu, among others, were in attendance.

Ayeni thanked customers from the Ikorodu Business Unit, especially those from Igbogbo-Baiyeku Undertaking, for attending the meeting in large numbers.

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BIG STORY

Federal Government Earmarks N827bn For Education Infrastructure In 2025 Budget

Published

2 hours ago

December 18, 2024

PorscheClassy News

Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has announced that the Federal Government has disbursed a total of N34bn in loans to students studying at tertiary institutions across the country through the “Nigeria Education Loan Fund.”

The President made this statement on Wednesday while presenting the N49.7tn 2025 budget estimates to a joint session of the National Assembly. He also highlighted that the government has allocated N826bn for infrastructure development in the education sector for the 2025 fiscal year.

He stated, “Our administration has so far disbursed N34bn to over 300,000 students via the Nigeria Education Loan Fund.”

“In the 2025 budget, we have made provision for N826.90bn for infrastructure development in the educational sector. This provision also includes those for the Universal Basic Education and the nine new higher educational institutions.”

He continued, “We are convinced that Universal Health Coverage initiatives will strengthen primary healthcare systems across Nigeria. In this way, we have allocated N402bn for infrastructure investments in the health sector in the 2025 budget and another N282.65bn for the Basic Health Care Fund.”

“Our hospitals will be revitalised with medication and better resources, ensuring quality care for all Nigerians.”

“This is consistent with the Federal Government’s planned procurement of essential drugs for distribution to public healthcare facilities nationwide, improving healthcare access and reducing medical import dependency.”

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BIG STORY

President Tinubu Targets N1,500 Per Dollar Rate In 2025 Budget Goals

Published

2 hours ago

December 18, 2024

PorscheClassy News

Nigeria’s President, Asiwaju Bola Ahmed Tinubu, on Wednesday, stated that the Federal Government aims to stabilise the exchange rate at N1,500 to the dollar to ensure the smooth implementation of the 2025 budget.

This marks a reduction of about N200 from the current rate of N1,700 to a dollar.

President Tinubu made this known while presenting the 2025 Appropriation Bill to a joint session of the 11th National Assembly in Abuja.

“The budget projects that inflation will decline from the current rate of 34.6% to 15% next year, while the exchange rate will improve from approximately N1,700 per dollar to N1,500. The base crude oil production assumption is set at 2.06 million barrels per day”, he said.

“The projections are based on the following observations: reducing the importation of petroleum products, increasing exports of refined petroleum”. He added.

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BIG STORY

JUST IN: 32 Reportedly Die In Ibadan Children Programme Stampede

Published

5 hours ago

December 18, 2024

PorscheClassy News

At least 32 people have tragically lost their lives during a stampede at a children’s carnival in Ibadan, the Oyo State capital, in the early hours of Wednesday.

A statement from the Commissioner for Information and Orientation, Prince Dotun Oyelade, revealed that the stampede occurred at a private children’s funfair at Islamic High School, Basorun, resulting in the deaths of 32 people, mostly children, with some others sustaining injuries.

He mentioned that the state government promptly deployed a rapid response team to the site following the incident.

The commissioner confirmed that the victims have been transported to various hospitals across Ibadan for medical treatment.

While thanking the Commissioner for Health, Dr. Oluwaserimi Ajetunmobi, for quickly activating all available response teams to assist at the scene, Oyelade emphasized that the state government will do everything possible to support the victims of the stampede during this difficult time.

He noted that the sate government was not involved in the planning of the carnival, adding that the Ministry of Health was also not carried along in the organisation of the private end of the year children funfair.

Oyelade emphasised the importance of proper coordination when organising events of such magnitude, especially those involving children and elders.

“We are currently awaiting a detailed report from the Commissioner of Police to clarify the total number of victims involved in this unfortunate incident,” he said.

The commissioner urged parents who are concerned about the whereabouts of their children to check the following medical facilities in Ibadan where affected children were taken for proper medical attention, with a valid means of identification:

Patnas Hospital, Basorun
Western Hospital, Basorun
Ringroad State Hospital
Molly Specialist Hospital
University College Hospital (UCH)

“Oyo State Government extends its deepest sympathies to the families affected by this tragedy while also urging the public to remain calm and cooperative as relevant pieces of information are gathered and necessary supports arranged for the victims,” he added.

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