Business

TCN gives reason for Thursday’s Grid collapse

The Transmission Company of Nigeria (TCN) has attributed Thursday’s national grid collapse to a sudden frequency surge from 50.33Hz to 51.44Hz.

In a statement from TCN’s General Manager of Public Affairs, Ndidi Mbah, the incident, which occurred around 11:29 am, was described as a “disturbance,” prompting immediate recovery efforts that restored the Abuja Axis within 28 minutes.

According to Mbah, the frequency surge was triggered by issues at one of the substations, which was subsequently shut down to prevent further disruptions.

He said ongoing recovery operations aimed to fully stabilise the grid, and that the TCN anticipated that some degree of instability might persist until repairs and upgrades were finalized.

Currently, Mbah said TCN is working on critical infrastructure projects, including the repair of 330kV transmission lines along the Shiroro–Mando axis, upgrades at the Jebba Transmission Substation, and the restoration of the Ugwuaji–Apir 330kV transmission line.

“Additionally, following recommendations from an investigative report on past collapses, TCN has intensified efforts to address systemic weaknesses identified in the grid infrastructure,” he said.

Mbah further explained that TCN is committed to a comprehensive overhaul of the transmission network to bolster the grid’s stability and resilience.

“These measures include not only technical upgrades but also strategic initiatives aimed at preventing future incidents,” he added.

TCN emphasised the need for public understanding as the country navigates these disruptions, which are necessary for long-term improvements in power reliability.

TCN reiterated its commitment to improving electricity supply, acknowledging the central role stable power plays in Nigeria’s economic and social growth.

The company assured Nigerians that all necessary actions are being implemented to reinforce the grid, including addressing challenges such as infrastructure vandalism.

Business

CBN launches new website

The Central Bank of Nigeria (CBN) has launched its newly redesigned website, www.cbn.gov.ng, scheduled to go live on Dec. 2.

Acting Director, Corporate Communications, CBN, Mrs Hakama Sidi Ali, made this known in a statement on Sunday in Lagos.

We are pleased to announce the launch of our newly redesigned website (www.cbn.gov.ng), which will be operational on Monday, December 2, 2024.

“The redesigned website introduces a variety of new content, which encompasses a broader spectrum of information regarding the bank’s mandate.

“Additionally, the website is responsive to mobile devices, facilitating navigation across various web browsers and devices.

“The bank is grateful for the feedback provided by the public, which served as a valuable guide for our redesign endeavours,” she said.

Sidi Ali said the CBN was committed to developing and enhancing the website to facilitate communication.

“Please follow our different social media channels linked on the website’s home page for more updates,” she said.

(NAN)

Business

No ban on sachet water – Lagos Govt

The Lagos State government has denied reports that it has placed a ban on sachet water.

The Commissioner for Environment and Water Resources, Tokunbo Wahab, made this clarification on Sunday in a statement posted on his official X account.

The commissioner’s comments followed a viral video which showed enforcement officers destroying packs of sachet water in Lagos.

Reacting to this, Wahab clarified that the officers in the viral video were staff of the National Agency for Food and Drug Administration and Control (NAFDAC) who went about their lawful responsibility to rid the society of unregistered and unsafe products in the interest of public safety and health.

“My attention has been drawn to a viral video showing some individuals bursting sachet water packs at factories and on buses.

“I wish to categorically state that these individuals are not enforcement officers from any Lagos State Government agency or the Lagos State Ministry of the Environment and Water Resources.

“Upon investigation, it was confirmed that the individuals in question are enforcement officers from the National Agency for Food and Drug Administration and Control (NAFDAC).

“Their actions are part of an enforcement exercise targeting sachet water that does not comply with NAFDAC regulations and in the interest of public health and safety.

“It is important to emphasise that Lagos State has not banned sachet water and does not have plans to do so. Our focus remains on effective plastic waste management.

“As part of our commitment, we are implementing mandatory Extended Producer Responsibility (EPR) for producers of polythene terephthalate (PET), sachets, and carrier bags of no less than 40 40 microns,” he stated.

Business

NAFDAC notifies Nigerians on fake anti-malaria drug in circulation

The National Agency for Food and Drug Administration and Control (NAFDAC) has notified the general public of the sale of counterfeit combiart (Artemether Lumefantrine 20/120mg) Dispersible Tablet in Nigeria.

The notification is in a public alert marked: No. 043/2024, issued on NAFDAC website, disclosing the date of manufacturing of the drug to be Feb. 2023 and June 2023.

It equally gave the expiring date of the drug as May 2026 and June 2026, as well as Batch No: 7225119 with NAFDAC Reg No: A11-0299.

The agency equally gave the manufacturer name and address as Strides Arcolab Limited, 36/7, Suragajakkanahalli, Indlavadi Cross, Anekal Taluk, Bangalore- 562 106, India.

NAFDAC, in the alert, said that all its zonal directors and state coordinators had been directed to carry out surveillance and mop up the counterfeit products within the zones and states.

It advised importers, distributors, retailers, healthcare professionals, and caregivers to exercise caution and vigilance within the supply chain and avoid importation, distribution, sale, and usage of the counterfeit product.

It said that all medical products must be obtained from authorised/licenced suppliers and that products’ authenticity and physical condition must be carefully checked.

The alert also advised healthcare professionals and consumers to report any suspicion of the sale of substandard and falsified medicines or medical devices to the nearest NAFDAC office.

It urged Nigerians to call NAFDAC on 0800-162-3322 or report any suspicion event via email: sf.alert@nafdac.gov.ng.

“Healthcare professionals and patients are similarly encouraged to report adverse or side effects related to the use of medicinal products or devices to the nearest NAFDAC office, or through E-reporting platforms available on the NAFDAC website www.nafdac.gov.ng.,” it said

It advised Nigerians to reports any adverse effects via the Med-safety application available for download on android and IOS stores or via e-mail on pharmacovigilance@nafdac.gov.ng.

NAFDAC promised that the notice would be uploaded to the WHO Global Surveillance and Monitoring System (GSMS).

NAN