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Epileptic Power Supply: Lekki Residents Protest, Call For EKEDC Removal

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Residents of Lekki Phase 1 in Eti Osa Local Government Area of Lagos State, have expressed frustration over the epileptic power supply being witnessed in the area.

Speaking with journalists earlier today, residents stated that this has been their plight for over five years. They noted that the situation worsened since the beginning of the year, attributing it to lack of investment by the Eko Electricity Distribution Company (EKEDC).

One of the residents, Chief Theodore Oniopaku bemoaned the situation, citing instances where they barely get thirty minutes of electricity per day and sometimes endure up to eighteen days without power in a month.

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He said, “The situation is really bad. We’ve been trying to avoid protests because we don’t want a situation where hoodlums will hijack it like what happened during the End SARS protest.

“But it seems no one is paying attention to our plight. Some of us are retirees, we live on pensions. How can we afford a litre of diesel at N1,600 per litre? How much do we earn in a month?”

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A retired Justice, Eniola Oluokun reiterated these sentiments, noting a six-year struggle with poor power supply in the area.

Oluokun called for independent power supply solutions for the area, criticizing EKEDC’s lack of financial capacity and technical expertise to address the issue effectively.

He said, “Lekki phase 1 residents should be on an Independent Power supply. It is Nigeria’s heartbeat and destination for holiday fun seekers. Most visitors and tourists prefer to stay in Lekki Phase 1.

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“Unfortunately, I don’t think EKEDC has the financial capacity and technical expertise to provide electricity in the area.

“Some of their equipments are old and obsolete. Whenever their equipment is faulty, it takes them five to six days to fix leaving the estate without light. Our neighbours in Banana Island who use the Independent Power plant have constant light, but we don’t. It’s a very painful situation.”

READ ALSO: Electricity Subsidy No Longer Sustainable – FG

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Another resident, a retired civil servant who preferred anonymity, blamed past governments, for the collapse of the power generation in Nigeria.

He cited corruption and lack of transparency during the power privatization process as contributing factors.

“The corruption in the power sector where trillions of Naira were diverted to private accounts and lack of transparency during the power privatisation contributed immensely to the collapse of our power generation. If the government refuse to address these two monsters, Nigerians must not expect power soon”. He said.

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Recall that the residents’ frustration have once led to a legal action against EKEDC, due to failed promises and billing discrepancies.

In April 2022, Lekki residents petitioned the presidency, represented by Ambassador Ibrahim Gambari MFR, seeking intervention to compel EKEDC to provide adequate power supply comparable to other affluent areas like Victoria Island, Ikoyi, and Banana Island.

READ ALSO: NDLEA Seizes 44,948kg Drugs, Vehicles In Lagos, Edo, Ondo Raids

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At the time, Mogaji Wale Arisekola a resident and media consultant for the estate, expressed grievances over high-end user tariff plans.

He estimated potential damages of N10 billion to N15 billion from EKEDC’s shortcomings and also urged affected estates to seek legal recourse.

Arisekola said, “It is a case of accepting money under false pretext, which is in section 419 in the Nigeria penal code. The whole of Lekki Phase 1 estate no longer wants to have anything to do with EKEDC again. They are tired of paying for darkness. The tariff they put us on is for a minimum of eighteen hours in a day and we are getting less than six hours. We have enough grounds to approach the court of law to demand our fundamental rights.

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“We are looking at a damage of N10 billion to N15 billion from EKEDC and the court order barring EKEDC from disturbing the Independent Power supply engaged by the estate. EKEDC’s excuses are no longer acceptable to us in the estate.”

However, despite previous attempts by EKEDC to address customer complaints, including the inauguration of a Customers’ Complaint Unit in Lekki, residents remain dissatisfied with the quality of service.

Meanwhile, residents are set to embark on a peaceful protest against the injustice by EKEDC on Saturday 30th of March 2024 at the Lekki Phase 1 Gate.

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This was made known through the “notice of protest” being circulated on WhatsApp and Zonal groups, which reads in part “…We are tired of sleeping in darkness. Please all Lekki residents must endeavour to participate. We have been sleeping without power for about a month now…”

 

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

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Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

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By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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