• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Thursday, August 13, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home Business & Economy

Ikeja Electric Blames Gas Shortage for Lagos Power Crisis

March 24, 2026
in Business & Economy, News
Reading Time: 3 mins read
0
Ikeja Electric
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

Residents and businesses in Lagos woke up to another day of flickering lights and silent generators on Tuesday, as Ikeja Electric confirmed a sharp drop in electricity supply caused by a nationwide collapse in power generation.

In a statement issued by its Head of Corporate Communications, Kingsley Okotie, the distribution company blamed the crisis squarely on insufficient gas supply to the country’s thermal power plants, which form the backbone of Nigeria’s electricity generation.

“The ongoing reduction in electricity supply is largely due to a nationwide drop in power generation, caused by limited gas supply to thermal power plants,” Okotie said. “This has significantly reduced the energy available on the national grid and, consequently, the allocation to Ikeja Electric and other distribution companies.”

The fallout has been immediate and widespread: intermittent outages, aggressive load shedding, and darkened neighborhoods from Ikeja to Ikorodu and Agege to Lekki. Factories have scaled back operations, small businesses have resorted to costly diesel generators, and households have endured long hours without power—a familiar but increasingly frustrating reality for Lagosians already grappling with high living costs.

This is not an isolated hiccup. Data from the Nigerian Independent System Operator (NISO) shows that power generation on the national grid has repeatedly dipped below 4,000 megawatts (MW) in recent weeks, plunging as low as 3,940 MW on some days.

Thermal plants, which rely on natural gas, require over 1,600 million standard cubic feet (mmscf) of gas daily to run at full capacity. Yet supplies have hovered around 40–43% of that volume, forcing multiple generating units to shut down or operate at severely reduced levels.

The root causes run deep. A mounting debt crisis in the power sector—reportedly exceeding N3.3 trillion and climbing toward N6 trillion when including subsidies and shortfalls—has led gas suppliers to slash deliveries or threaten outright cut-offs. Earlier maintenance shutdowns on key gas infrastructure only compounded the problem.

Nigeria, despite boasting vast gas reserves, remains chronically unable to channel fuel efficiently to its power plants, exposing the fragility of an electricity system that depends overwhelmingly on gas-fired generation.

Okotie expressed regret for the inconvenience and appealed for patience, assuring customers that Ikeja Electric would distribute whatever limited power reaches its network as “equitably and efficiently as possible.” He added that the company remains hopeful that ongoing national efforts to stabilize gas supply will yield results soon.

Yet the statement has done little to quell growing anger on the streets of Lagos. Residents and business owners interviewed in recent days described nights without fans in sweltering heat, spoiled food in fridges, and disrupted work—all while electricity bills continue to arrive with clockwork regularity.

“This is not new, but it keeps getting worse,” said one shop owner in Ikeja who declined to be named. “We pay for darkness.”

The Ikeja Electric update comes amid broader warnings that the power crisis could deepen further if the gas supply dispute is not urgently resolved. Power Minister Adebayo Adelabu has pledged government intervention, but analysts note that structural issues, including massive sector indebtedness, infrastructure bottlenecks, and over-reliance on a single fuel source, will require more than short-term fixes.

For now, Lagosians are once again left to improvise: fueling generators, negotiating with neighbors for shared power, or simply enduring the blackout. As Okotie urged patience, many are wondering how much longer that patience can last in a city that powers the nation’s economy yet struggles to keep its own lights on.

Efforts at the national level to restore gas flows continue, but until meaningful generation rebounds, intermittent supply and load shedding appear set to remain the unwelcome norm across Ikeja Electric’s franchise area and beyond.

WHAT YOU SHOULD KNOW

The ongoing poor electricity supply across Lagos is primarily caused by insufficient gas supply to Nigeria’s thermal power plants, which has triggered a nationwide drop in power generation and forced widespread load shedding by Ikeja Electric.

Despite the company’s commitment to equitable distribution of the limited power available, residents and businesses continue to suffer intermittent outages until gas supply to the national grid is significantly improved.

Tags: Electricity Supplygas supplyIkeja ElectriclagosPower Generation
Share196Tweet123Share34
Previous Post

2027: INEC Meets Political Party Leaders

Next Post

Ex-APC Aspirant To Dump Party For ADC

Related Posts

Tinubu NYSC FG issues directive to civil servants

Tinubu Makes Announcement On Osun Governorship Election

by Gracie
August 13, 2026
0

Tinubu Makes Announcement On Osun Governorship Election President Bola Tinubu has assured residents of Osun State of adequate security before,...

Dog Military President Governor Aide Actor Traditional ruler Emergency commissioner State

New 2027 presidential candidate, running mate emerges

by Gracie
August 13, 2026
0

New 2027 presidential candidate, running mate emerges Oyo State Governor, Seyi Makinde, has emerged as the presidential candidate of the...

Tinubu NYSC FG issues directive to civil servants

FG Freezes Assets Of Six Individuals, Three Entities Over Terrorism

by Gracie
August 13, 2026
0

FG Freezes Assets Of Six Individuals, Three Entities Over Terrorism The Securities and Exchange Commission has ordered operators in Nigeria’s...

Accelerators

FG Approves 35 New Linear Accelerators to Boost Cancer Treatment

by Victoria Ogbadu
August 13, 2026
0

Nigeria's federal government has taken a significant step toward addressing one of the country's most persistent gaps in cancer care:...

DMO

DMO Opens August Auction Window

by Victoria Ogbadu
August 13, 2026
0

The Federal Government is returning to the domestic debt market with a fresh N1.1 trillion bond offer, as the Debt...

Load More
Next Post
ADC Logo

Ex-APC Aspirant To Dump Party For ADC

Former Federal Lawmaker Resigns From ADC

ADC Suspends State Chairman

Photo of Peter Obi and Ahmad Umar

Cleric Denies DSS Arrest After Obi’s Claim

Bank of Israel

Bank of Israel Sounds Alarm Over War’s Prolonged Economic Impact

Photo of Nasir El-Rufai

Court Adjourns El-Rufai Bail Hearing to March 31

Photo

MC Oluomo Reclaims NURTW Secretariat

FCT Lawmaker Dumps Labour Party For APC

2027: Labour Party Announces Zone For Presidential Ticket

National Grid

Power Outages: Minister Apologises to Nigerians

BMW China Recalls 179,527 Vehicles

BMW China Recalls 179,527 Vehicles

Photo of Mohamed Salah

Salah to Leave Liverpool After 9-Year Era

Cartoon of The Week!

Verily_Cartoon__12_08_2026
STRETCHING FOR SURVIVAL
Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Tinubu NYSC FG issues directive to civil servants

Tinubu Makes Announcement On Osun Governorship Election

August 13, 2026
Dog Military President Governor Aide Actor Traditional ruler Emergency commissioner State

New 2027 presidential candidate, running mate emerges

August 13, 2026
Tinubu NYSC FG issues directive to civil servants

FG Freezes Assets Of Six Individuals, Three Entities Over Terrorism

August 13, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp