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IBEDC boosts electricity supply in Ogun
The Ibadan Electricity Distribution Company Plc (IBEDC) says it has completed a significant enhancement of its electricity infrastructure serving the Sango/Ota axis of Ogun State.
The Acting Managing Director of the company, Mr Francis Agoha, disclosed this in a statement made available to newsmen in Ota on Wednesday.
Agoha said the upgrade aimed to substantially improve the power supply reliability for customers in the region.
He said that the key improvements included the successful migration of the Sango 33 KV feeder to a more robust T3 100 MVA, 132 KV/33 KV transformer at the Ota Transmission Station.
According to the IBEDC boss, a new, dedicated ROTOCROWN 33 KV feeder is introduced.
“These enhancements are designed to cater for the increasing electricity demands and ensure superior service quality for over the 10,241 customers.
“The upgraded transformers at the Ota Transmission Station now support three essential feeders, which include ROTOCROWN 33 KV, TOWER ALLOY 33KV, and SANGO 33 KV.
“These upgrades will enable IBEDC to meet the rising energy needs in Alishiba, Ilogbo, Bayo block, Animashaun and Ewupe, and provide stable electricity supply to numerous communities as well as for the enhanced Sango 33 KV feeder.
“Also, these improvements are expected to significantly enhance the quality of life for residents and businesses in these areas by ensuring more consistent and reliable electricity supply,” Agoha said.
He expressed the company’s commitment to service excellence and infrastructure investment, adding that the upgrade underscored their dedication to enhancing the electricity infrastructure in their operation areas.
He also said that the increased transformer capacity at the Ota transmission station would enable IBEDC to meet growing electricity demands, and provide a more stable and reliable power supply to its customers in Sango-Ota.
The acting manager affirmed the commitment of IBEDC to remain steadfast in its mission to deliver reliable and efficient electricity services.
According to him, these recent upgrades are part of a broader strategy to modernise the power distribution network and enhance overall customer satisfaction.
“The ongoing commitment to infrastructure investment ensures that IBEDC can continue to provide high-quality electricity services to its customers,” Agoha said. (NAN
A coalition of youth organisations has urged the Economic and Financial Crimes Commission, EFCC, to reconsider its wanted tag on socialite, Dr Aisha Sulaiman Achimugu, OFR.
The organisations, Niger Delta Youth Council for Good Governance and Middle Belt Youth Stakeholders’ Initiative said this in a joint press statement they issued on Thursday in Abuja.
According to them, the declaration of Achimugu wanted by the anti-corruption agency came to them as a rude shock.
The joint statement was signed by Comrade Emma Niboro and Ali Ameh for Niger Delta Youth Council for Good Governance and Middle Belt Youth Stakeholders’ Initiative, respectively.
They described Achimugu as a dedicated friend of the youths, who had always shown commitment to the welfare and care of the downtrodden.
According to the youth coalition, “we know the Chairman of the EFCC, Mr. Ola Olukoyede, as a man who came with utmost zeal to sanitize the agency. He has already demonstrated this and we are proud of his achievements so far.
“However, we urge him to resist pressure from politicians, which is a plague that has dwarfed EFCC for several years of its existence.
“The commission had hitherto remained a tool for politicians to undue their perceived political foes and this has always rubbed off on the credibility of the agency.
“The case of Achumugu doesn’t appear to be different in any way, as the haste with which she was declared wanted showed there is a hand of Esau and voice of Jacob.
“Our appeal is that the commission should withdraw the wanted tag on her and give her ample time to report to the commission, as she has never been indicted of any offence whether in Nigeria or outside the country.”
While noting that Achimugu is a global figure, they added that they can always vouch for her integrity.
“We know her, she has always been of immense help to the youths and other members of the society.
“Her closeness to certain politicians should not be used as a tool to persecute or harass her,” the youths further stated.
The Supreme Court has overturned the Court of Appeal’s decision that recognised Julius Abure as the National Chairman of the Labour Party (LP). In a decisive ruling, a five-member panel declared that the Court of Appeal lacked the legal authority to determine the party’s leadership matters.
In a unanimous verdict, the highest court in the land stated that the Court of Appeal had no jurisdiction over the matter. The panel observed that since the case revolved around the internal leadership structure of the Labour Party, it fell outside the jurisdiction of the courts.
The ruling reinforced the long-standing principle that leadership disputes within political parties should be resolved internally, rather than through judicial intervention.
The Supreme Court stressed that leadership struggles within political parties are purely internal matters. According to legal principles, courts should not interfere in such issues, as they fall under the party’s constitution and governance framework. By upholding this legal doctrine, the apex court reaffirmed that political parties must settle their leadership crises independently.
The Supreme Court upheld the appeal lodged by Senator Nenadi Usman and a fellow appellant, ruling that their claims were valid. Their appeal challenged the earlier judgment, arguing that it was flawed due to jurisdictional overreach. After thorough legal scrutiny, the Supreme Court found merit in their argument and ruled in their favour.
The legal battle also involved a cross-appeal filed by supporters of Julius Abure, who sought to challenge the decision against their leader. However, the Supreme Court dismissed this cross-appeal, declaring it unsubstantiated and lacking merit. The ruling effectively ended the legal contest over the Labour Party’s chairmanship, cementing the judiciary’s stance on non-interference in party leadership disputes.
Bitcoin experienced sharp fluctuations following President Donald Trump’s April 2 tariff announcement, initially surging to $88,000 before dropping to $82,000.
By April 3, it stabilized around $83,000, with the broader crypto market down over 4%. Major altcoins like Ethereum and Solana also declined over 6%, hitting multi-month lows.
Analysts see the tariff news as reducing market uncertainty, potentially attracting institutional investors.
Despite higher-than-expected rates, experts believe the clarity could help Bitcoin regain momentum toward $90,000. Bitcoin ETFs, led by BlackRock, recorded $218 million in inflows on April 2, reversing prior outflows.
Kraken’s Thomas Perfumo challenged the idea that institutional interest stabilizes crypto, emphasizing that volatility signals demand for a scarce asset.
Some analysts viewed the sell-off as an overreaction to trade policy concerns, highlighting Bitcoin’s resilience as a store of value.
With ETFs showing strong demand, Bitcoin’s price may stabilize and rise, though market participants remain cautious, monitoring trade policies and economic conditions.