RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economics

The Power Grid Collapses Again in 2 days

Rate Captain by Rate Captain
March 16, 2022
in Economics, Energy
Reading Time: 2 mins read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The national power grid system has collapsed again within the space of two days. This came after the first grid collapse on Monday, 14th March 2022 at about 10:40am leasing to power outage across the country.

This information was contained in a tweet by the Ikeja Electric to its customers at about 8:57pm on Tuesday, 15th March 2022.

AlsoRead

Nigeria’s Average Petrol Price Rises to N1,288.54 in March 2026, Anambra Pays Highest

IMF Refuses to Endorse External or Domestic Borrowing for Nigeria.

Nigeria Champions $2 Trillion Commonwealth Trade Goal at IMF, World Bank Meetings

The tweet read “This is to inform you that the outage you are currently experiencing is due to the system collapse on the national grid which occurred today at 17:10 hrs and it has affected the Transmission Stations within our networks”

“Kindly bear with us as we await restoration of the grid. We apologise for all inconveniences caused.”

Also, the Enugu Electricity Distribution Plc (EEDC) has announced the second collapse of the power grid systems and has stated that their customers in the five states in which they operate will be affected.

This information was also disclosed in a tweet where the Head of Corporate Communications, Enugu Electricity Distribution Plc (EEDC), Mr. Emeka Ezeh, informed the public at about 7:20pm saying, “The Enugu Electricity Distribution PLC (EEDC) wishes to inform her esteemed customers of another system collapse which occurred at 5.10pm this evening, Tuesday, 15th March, 2022.”

“This is coming barely 24 hours after the grid collapse experienced in the early hours of yesterday, Monday, 14th March, 2022.”

“As a result of this unfortunate development, all our outgoing feeders are out and supply to our customers in Abia, Anambra, Ebonyi, Enugu, and Imo States has been affected.”

“We are currently on standby, awaiting further directive from the National Control Centre (NCC) for restoration of supply.”

Meanwhile, the grid has experienced disruptions in recent months as it collapsed in February, May, July and August 2021.

This development comes as Nigerians are experiencing epileptic power supply amid price hikes of diesel and petrol.

 

Previous Post

FCCPC set to introduce regulatory framework for online money lenders

Next Post

90% of Ukrainian would fall below the poverty line- UNDP

Related News

Debunking the Fuel Scarcity Myth and Its Impact on Financial Wellness

Nigeria’s Average Petrol Price Rises to N1,288.54 in March 2026, Anambra Pays Highest

by Akpan Edidong
May 6, 2026
0

The average retail price of Premium Motor Spirit (PMS) across Nigeria increased to N1,288.54 per litre in March 2026, according...

IMF Applauds Tinubu Policy Reforms While Lowering Growth Projections

IMF Refuses to Endorse External or Domestic Borrowing for Nigeria.

by Victoria Attah
April 17, 2026
0

The International Monetary Fund (IMF) has declined to recommend whether Nigeria should prioritise external or domestic borrowing, insisting instead that...

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

Nigeria Champions $2 Trillion Commonwealth Trade Goal at IMF, World Bank Meetings

by Victoria Attah
October 14, 2025
0

Nigeria has aligned with fellow Commonwealth nations to advocate for a $2 trillion trade initiative aimed at boosting economic collaboration,...

Nigeria’s Inflation Eases to 20.12% in August, Prompting Calls for CBN Rate Cuts

by Stephen Akudike
September 16, 2025
0

Nigeria’s headline inflation rate dropped to 20.12% in August 2025, marking its fifth consecutive month of decline from 21.88% in...

Next Post

90% of Ukrainian would fall below the poverty line- UNDP

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Airlines Implement Time-Saving Strategies for More Efficient Operations

FAAN Engages International Airlines on Improved Airport Operations and Passenger Experience

May 25, 2026
FMDQ Exchange Records N21.70 Trillion Secondary Market Turnover in October

FMDQ Turnover Hits $180.85 Billion as Trading Volume Surge

May 25, 2026

Popular Story

  • Nigeria’s Debt to China Surges by $800 Million in One Year

    31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • Q2 GDP: Analysts Unhappy With Performance Of Agriculture, Manufacturing Sectors

    0 shares
    Share 0 Tweet 0
  • New Lagos APC Plot Coup

    0 shares
    Share 0 Tweet 0
  • Exxon Mobil plan to launch Bitcoin mining operation in Nigeria

    0 shares
    Share 0 Tweet 0
  • CBN To Hold Two-Day Monetary Policy Committee Meeting.

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>