• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Aviation

Air force personnel allegedly storm Lagos power supply facilities over billions of naira unpaid electricity bills

Cyrus Ademola by Cyrus Ademola
July 1, 2024
in Aviation, Energy, Sectors
FG’s monthly electricity subsidy spending to crash by 52% on new tariff hike 
Share on FacebookShare on TwitterShare on Linkedin

Some personnel from the Sam Ethnan Air Force Base in Bolade, Oshodi, have reportedly invaded the premises of critical power infrastructure in Lagos state on Monday morning.

Sources familiar with the situation disclosed that the air force personnel acted in response to the disconnection of electricity at their base due to unpaid bills.

The outstanding electricity bills are reported to amount to billions of naira.

MoreStories

Federal High Court

Ex-bank branch manager arraigned in court for allegedly diverting customer’s $510,000, forgery 

November 14, 2025
SEC: Nigeria is ready for stablecoins that empower citizens and safeguard markets

SEC, FMBN unveil sharia-compliant home financing scheme targeting 28 million housing deficit 

November 14, 2025

This disconnection led to the alleged invasion of the power infrastructure premises by the personnel, who sought to address the power cut that had affected their base.

In addition, sources also confirmed the assault of  employees and disrupting power supply to some feeders in the affected areas.

An eyewitness informed reporters that Air Force personnel invaded the Transmission Company of Nigeria (TCN) station and the Eko Distribution Company (Disco) Mushin Business Unit in Isolo.

They also invaded the Ikeja Electric’s Oshodi Business Unit on Okota Road.

During the attack, distribution substation operators on duty at the transmission station were reportedly overpowered, and the power supply to some feeders was cut while the attackers insisted on the restoration of their own power supply.

The Ikeja Electric’s Oshodi Business Unit office on Okota Road, Isolo faced similar violence, with employees on duty being assaulted, abducted to the barracks, and beaten like common criminals.

What you should know

The Nigeria electricity sector has grappled with a delusive perception of a brighter power industry following the 2013 privatization exercise.

According to a recent report, the sector is currently grappling with an inherited debt crisis of over N3 trillion.

Meanwhile, Nairametrics reported Federal Government budgeted N40 billion to settle the electricity bill debts of ministries, departments, and agencies (MDAs) in 2024.

The item listed as ‘Settlement of MDAs’ electricity debts’, was in the sectoral allocation details released by the Chairman, Senate Committee on Appropriations, Solomon Adeola.

The amount is the same as what was budgeted for 2023 but higher than what was budgeted in 2022 (N27 billion).

In May, the federal government announced paid N130 billion to settle part of the N1.3 trillion gas supply debts in the Nigerian Electricity Supply Industry (NESI).

This was disclosed by the Minister of Power, Mr. Adebayo Adelabu, during his address at the 2024 Eighth Africa Energy Marketplace held in Abuja

According to the Minister, the payment is contingent on a reconciliation of outstanding debts between the government and the power generating companies.


Follow us for Breaking News and Market Intelligence.
Tags: DISCOSam Ethnan Air Force BaseTCNunpaid electricity bills
Cyrus Ademola

Cyrus Ademola

  • Cyrus Ademola is an energy and economy analyst with over half a decade experience in journalism, research-based oped, economic reportage and energy analysis. His works have been featured on different media outlets, covering from oil and gas to business trends.

Related Posts

The Transmission Company of Nigeria (TCN) Tower
Energy

TCN confirms tower collapse in Kaduna, blames vandals and severe weather

September 20, 2025
Sam Amadi: FG handed states electricity market without risk and readiness assessments, predicts collapse in few years 
Energy

Sam Amadi: FG handed states electricity market without risk and readiness assessments, predicts collapse in few years 

August 9, 2025
Ikeja Electric
Energy

Ikeja Electric announces 25-day planned power interruption in parts of Lagos to carry out critical maintenance work 

July 26, 2025
TCN confirms collapse of four towers on Owerri-Ahoada line due to vandalism
Energy

TCN records 42 vandalism incidents, 178 transmission towers affected in first half of 2025 

June 19, 2025
NDPHC says 375MW Egbema power station to be completed in 2025  
Energy

NDPHC: N600bn debt disrupting company’s operations in the power sector 

May 26, 2025
TCN commences reconstruction of three collapsed towers on 330kV Kainji–Birnin Kebbi line 
Energy

TCN commences reconstruction of three collapsed towers on 330kV Kainji–Birnin Kebbi line 

May 17, 2025
Next Post
Integrity as a strong vehicle of growth for the theatre industry by Joseph Edgar

Integrity as a strong vehicle of growth for the theatre industry by Joseph Edgar

Leave a Reply Cancel reply

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

tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Ex-bank branch manager arraigned in court for allegedly diverting customer’s $510,000, forgery 
  • SEC, FMBN unveil sharia-compliant home financing scheme targeting 28 million housing deficit 
  • Lasaco Assurance names Ademoye Shobo as Acting MD/CEO following Razzaq Abiodun’s retirement 

Follow us on social media:

Recent News

Federal High Court

Ex-bank branch manager arraigned in court for allegedly diverting customer’s $510,000, forgery 

November 14, 2025
SEC: Nigeria is ready for stablecoins that empower citizens and safeguard markets

SEC, FMBN unveil sharia-compliant home financing scheme targeting 28 million housing deficit 

November 14, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics