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IBEDC IS COMMITTED TO IMPROVING POWER SUPPLY TO LALUPON AND ENVIRONS

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The management of Ibadan Electricity Distribution Company Plc (IBEDC) hereby appeals for the understanding of the Lalupon communities whilst we remind them of the strides we have been making to resolve the issues of the low power supply. The
Lalupon 33kV Feeder, is a leg on Adogba 33kV feeder from Ibadan North 132/33kV Transmission Substation, located at Shasha, in Ojoo area. This feeder supplies electricity to Olodo, Lalupon, Iyana-Offa, Ejioku and Oyedeji communities. This same feeder with a load demand of 27MW also feeds Adogba and Akobo Injection Substations. These same Injection Substations are the ones feeding Iwo Road, Monatan, New-Ife Road, Akobo, Estate and Iyana Church and so on. Meanwhile, Adogba 33kV feeder is limited to 17MW due to transformer limitation at the Transmission Station.
Management of IBEDC in response to this inherited albatross from the defunct PHCN has rehabilitated the Lalupon 33kV line by reconductoring and changing failed components on the line. IBEDC also re-channeled twenty-seven (27) Tee-Offs from the line to New Asejire 33kV feeder in order to reduce the load on Lalupon 33kV line.
As part of remedies under proposal, IBEDC Management plans to run a new 33kV line from Iwo Transmission Substation to Lalupon, thereby changing the source of supply from Ibadan North Transmission Substation to Iwo Transmission Substation. With this, we believe the much desired respite would be achieved. However, funding of the project which hitherto has been hampering the execution is now receiving priority attention. It is also planned that when this line is completed, an Injection Substation will be constructed at Lalupon to complement the line project.
Secondly, IBEDC Management is in collaboration with Oyo State Government and the Management of Transmission Company of Nigeria (TCN) to have another 330/132/33kV Transmission Substation (similar to that at Ayede, Ibadan) at Egbeda area.
Furthermore, for any relationship to thrive, it must be mutually beneficial. The consistent rejection of our electricity bills, apathy to payment and assault on our staff when carrying out their lawful duties by some customers at Lalupon community frustrates our laudable business projections for Lalupon and its environs. This attitude is negative and counter-productive. We hereby appeal to the good people of Lalupon Community to toe the path of peace and dialogue, and to support IBEDC in permanently resolving the present power supply challenges in that area.
The,Management of IBEDC is leaving no stone unturned to ensure that all issues, including tariff related are amicably and permanently resolved.
Chief Technical Offiier (CTO)Engr. Akin Abiodun for the management.

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The Words Of ANFASSC President, Prince Abayomi Ogunjimi On Sports Minister, Sunday Dare

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The President of Authentic Nigeria Football And Allied Sports Supporters Club, ANFASSC, Prince Abayomi Ogunjimi has hailed Sports minister, Sunday Dare and congratulated him on the success of the 20th National Sports Festival which recently came to a climax in Edo State.

Prince Ogunjimi noted that the minister showed class and quality by ensuring that the multi sports event will go ahead despite the situation of the world at a time that the Covid-19 pandemic is still at its place.

Twice, the Sports festival was postponed, but it was achieved at the end of the day with team Delta defending the crown they won in 2018.

The ANFASSC President said ” I specially congratulate the Minister for this feat, the festival could have been cancelled but he showed that the athletes and officials whose futures are attached to the event are major priority”.

“Unfortunately we at ANFASSC could not be there, but then, the success alone is enough to celebrate the sports custodian and I believe the next edition will be bigger and better”.

Delta State have been given the rights for the 2022 edition where they would want to make it a hat trick of wins

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Shoprite to sell Nigerian business to Persianas

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One of Nigeria’s biggest retail store, Shoprite is planning to sell its Nigerian Business to Persianas Group Nigeria, according to reports. The company in August last year classified its Nigerian business as a discontinued operation; after it was approached by potential investors willing to take over its Nigerian operations.

Reuters quoted a source who said the store was waiting for regulatory approval; to sell the business to a Nigerian real estate investment company, Persianas.

It claimed three bank sources confirmed the sale to Persianas Retail which operates autonomously from Persianas Group.

Shoprite owned by South African billionaire Mr. Christo Wiese as well as over 2,300 stores across Africa had decried that in 2018; revenue from other countries with the exemption of Nigeria only accounted for 11.6 per cent of sales; while South African operations contributed 78 per cent of overall sales.

By the second half of 2020, Shoprite said it lost 8.1 per cent of its sales to the September xenophobic reprisal attacks on South African owned firms in Nigeria in 2019.

Prior to the announcement of its planned divestment, the retail supermarket had operated in the country for 15 years.

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FIRSTBANK HOSTS WEBINAR TO SENSITISE INDIVIDUALS AND BUSINESSES ON STAYING PROTECTED IN THE INFORMATION AGE

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First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has announced a webinar to sensitise individuals and businesses with useful information on being protected in today’s digital age. 

 

The virtual event is scheduled to hold by noon on Friday, 16 April 2021 with “Staying Protected Amidst the Pandemic Chaos” being the topic to be discussed at the event. Registration is ongoing for the event via the link https://firstbanknigeria.zoom.us/webinar/register/WN_PUnqA7enTMG8o0OfOaWxlg 

 

Today’s world, largely referred to as the digital age has been influenced by information technology which has optimised the way we carry out our individual and business activities. 

 

However, the current age has been marred by illicit activities like identity theft, internet fraud amongst many others which poses a risk to the safety of individuals and businesses. Attending the webinar will have participants knowledgeably equipped with vital information that will ensure they make informed decisions, thereby promoting their safety whilst staying protected against possible risks and malicious attacks.

 

Tope Aladenusi, Chief Strategy Officer & Cyber Risk Services Leader, Deloitte West Africa; Confidence Staveley, Cyber Security Evangelist/ Founder, Cybersafe Foundation and Harrison Nnaji, Chief Information Security Officer, FirstBank will lead the discussion at the event.

 

Speaking on the planned Webinar, Dr. Adesola Adeduntan, CEO of FirstBank Group noted that “the world as a global village is associated with not just benefits but also risks of cyberattack and for individuals, businesses and governments to make the best out of the digital and online opportunities, they need to be deliberate in protecting themselves against cybersecurity threats”.

He further noted that, “in today’s digital age, which the pandemic has accelerated the embrace, cyberattacks are occurring at an alarming rate across the world. As such, no individual, business or government entity with digital and online presence is immune to cyberattacks; and the financial, physical and legal implications of an attack can be significantly upsetting.’’

In concluding, he enjoined everyone to participate in the forthcoming webinar as it is a viable opportunity to stay informed whilst being abreast with current trends that are pivotal to promoting safety in today’s world that is driven by information technology”.

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