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Oyo govt. owes us N450 million – IBEDC reacts to closure of its offices

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The Ibadan Electricity Distribution Company (IBEDC) Plc, on Wednesday faulted the closure of its offices by the Seyi Makinde-led Oyo state government, alleging that the government’s action was borne out of its huge indebtedness.

IBEDC explained that Oyo state government on Wednesday commenced the sealing of “our offices within the state over some suddenly contrived debts labelled revenue bills and personal income without due notification”.

The company described the action as retaliatory and illegal, stressing that the issue of revenue bills and personal income arising now is quite suspicious.

IBEDC,  in a statement by its Chief Operating Officer, Engr. John Ayodele, disclosed that the state government is owing the electricity distribution company a whopping consumption outstanding of N450million for three years

According to him, the company as part of efforts to get the outstanding paid initiated several engagements through correspondences and physical meetings, but all these efforts yielded no result .

“No business in this country can run successfully with such a huge outstanding, the power we distribute to customers must be accounted for and paid for, we have no choice but to disconnect the Oyo State Secretariat, so it is worrisome to see that the government has sealed off our offices with this underhand and arm twisting tactics , instead of paying the debt owed.

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“This was not done in good faith and it would have damaging effect on the business and service delivery to our customers “, IBEDC said.

The company, however implored Governor Makinde to look into the matter in the interest of all concerned as this would further worsen the power challenges and pressure on residents and commercial activities within the state.

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Delay in PMS Supply: Dangote Refinery Pushes Date to Mid-July

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Dangote Petroleum Refinery and Petrochemicals, located in Lagos State, has postponed the supply date for Premium Motor Spirit (PMS) from June to mid-July.

 

Aliko Dangote, the President and Chief Executive Officer of the refinery, cited a slight delay but assured the public that the commodity would be available in the market by the second to third week of July.

 

Dangote made these remarks during a visit by a Senate delegation led by Senate President Godswill Akpabio to the $20 billion facility in Lagos on Sunday.

 

Akpabio praised the refinery, calling it the “9th wonder of the world,” and commended Aliko Dangote for the project.

 

The refinery, owned by the billionaire businessman, began operations last December with a capacity of 350,000 barrels a day. It has already started supplying diesel and aviation fuel to marketers in the country.

 

Oil marketers are hopeful that the petrol prices from the Dangote Refinery will be significantly lower than the current retail prices of imported refined products, which range from N568 to N700 depending on the region.

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FG Declares June 12 as Democracy Day Public Holiday

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The Federal Government has announced Wednesday, June 12, 2024, as a public holiday to commemorate this year’s Democracy Day.

Minister of Interior, Olubunmi Tunji-Ojo, conveyed the declaration on Tuesday, extending congratulations to Nigerians on the occasion.

He emphasised the significance of reflecting on the contributions of the nation’s founding fathers, urging unity and commitment to Nigeria’s prosperity.

“As we mark another Democracy Day in the history of our dear country, let us all reflect on the efforts of our founding fathers and ensure that Nigeria remains a united, secured, peaceful, and indivisible entity,” Tunji-Ojo stated, underscoring the importance of democratic principles.

Also, Tunji-Ojo reaffirmed President Bola Tinubu’s dedication to implementing positive reforms aimed at revitalising the economy and bolstering security measures.

Encouraging citizens and friends of Nigeria to acknowledge the progress achieved, the minister expressed optimism for Nigeria’s democratic future, extending warm wishes for a joyful Democracy Day celebration.

Since the advent of the Fourth Republic 25 years ago, Nigeria has traditionally observed Democracy Day on May 29, commemorating its return to civilian rule from military dictatorship.

However, in 2018, President Muhammadu Buhari shifted the date to June 12 in honour of Chief M.K.O Abiola, a symbol of democracy.

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Oyo: I’ll fulfill all campaign promises – Oseni reassures

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Member representing Ibarapa East/Ido Federal Constituency of Oyo State in the House of Representatives, Engr. Aderemi Oseni has reiterated his commitment to fulfill all his campaign promises to his constituents.

The Chairman of the House of Representatives Committee on Federal Road Maintenance Agency (FERMA) made this assurance on Sunday while speaking at the PhD graduation thanksgiving service of Rev. Dr. Ebenezer Oluwaponmile Oderinde at Grace Baptists Church, Apete Ibadan.

According to a statement by his media aide, Idowu Ayodele, the lawmaker, who led the congregation in prayer and sermon, used the occasion to appreciate the constituents for reposing their confidence in him as expressed through their votes during the last election.

His words: “By the grace of God Almighty, I will ensure I fulfill my electoral campaign promises to all communities. I have already fulfilled some, and those who are yet to see theirs should not worry because it’s a promise, and I will fulfill it.”

He congratulated Rev Dr. Oderinde, the minister in charge of Grace Baptist Church, Awotan, on his attainment and prayed for Grace to use the new level to win more souls to God’s kingdom.

In his brief sermon, Oseni, who is also a Regional Overseer at Mountain of Fire and Miracles Ministries (MFM), counseled people to always reference God and be closer to Him to enjoy the full benefits of serving the Almighty.

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“I am who I am by His grace, and I will continue to reference God as long as I live because I am a product of grace, and I believe with Him, everything is possible,” remarked the APC chieftain.

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