The Digest:
Lagos and Ogun States are expected to face a 25-day power blackout starting from July 28, 2025, as maintenance on the Omotosho-Ikeja West 330 kV line disrupts the energy supply. Businesses are set to lose billions in revenue, with significant financial, manufacturing, and service sectors impacted.
Key Points:
- Ikeja Electric and Eko DisCo announce a 25-day blackout for Lagos and Ogun.
- Outage to affect power supply from 8:00 a.m. to 5:00 p.m. daily.
- Maintenance on the Omotosho-Ikeja West 330 kV line is cited as the cause.
- Cost implications for businesses relying on grid power are substantial.
- Businesses are shifting to alternative power sources, which is raising their operational costs.
- The estimated financial loss for Lagos businesses could be in the hundreds of billions.
- Hotels, hospitals, and supermarkets may face higher energy costs due to the blackout.
- Despite high energy costs, grid maintenance is seen as a necessary sacrifice to strengthen the national grid.
The ongoing blackout, although disruptive to businesses in Lagos and Ogun, is part of a much-needed effort to improve the national grid. The financial loss is massive, but it’s a necessary step to address power supply challenges.
Sources: Daily Post
