• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
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

NLC,ILO

NLC seeks FG’s intervention as petrol price hits N1,300

March 15, 2026
Uber,

Uber, Bolt driver begin 3-day strike over low fares, rising costs

March 15, 2026

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.


Add Nairametrics on Google News
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.

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 *

money fair
rabafast
rabafast

nairametrics




DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 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
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics