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- Written by John Ikani
The Central Bank of Nigeria’s (CBN) monetary policy committee has voted to keep the monetary policy rate at 11.5 percent.
The Management of Kaduna Electric says it is aware of power supply situation in Sokoto Metropolis.
The company in a statement released over the weekend appealed to customers for patience and more understanding as it strives to ensure better electricity services.
The statement explained that the Power transformer supply bulk electricity to most part of the metropolis (Power Station 33KV line) and other rural communities at the Transmission Station is over loaded and stretched beyond its limit.
It quoted the Transmission Company of Nigeria, TCN as saying the power transformer has the capacity to take only 22 megawatts while the total customer’s energy requirements at peak is almost 40 megawatts.
While noting that the transformer cannot accommodate all the customers (eight 11KV feeders, other point loads and the rural communities) at the same time, especially at peak period, the statement cited it as a reason why electricity supply is being rationed/alternated among the various communities/areas.
It added that residents of Old airport, Tamaje, Dambuwa, Sabaru, Offa road and all adjoining communities feeding from Army Barracks 11 KV feeder (one the 11KV feeders affected by the limitation on the Power Station 33KV line) have a similar but peculiar problem.
The company therefore appealed to customers that it is doing its best to improve the situation in due course.
...Tasks Stakeholders on Food Security
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has faulted claims in certain quarters suggesting that the Bank’s targeted interventions in the agricultural sector are tilted in favour of a certain section of the country.