Businesses, banks, and manufacturers across Lagos State and parts of Ogun State are bracing for major losses as a 25-day power outage begins in Nigeria’s economic capital.
The planned outage which has been confimed by the Spokesman of the Association of Nigerian Electricity Distribution Companies, ANED, Sunday Oduntan, will affect Lagos and parts of Ogun State.
Mr Oduntan who was speaking on TVC News Breakfast show said the maintenance is necessary to ensure critical infrastructures continue to function at optimal level.
He assured customers of the Distribtion companies in Lagos that they will continue to provide updates when necessary while also promising that services will contnue to improve going forward.
Electricity distribution companies, Ikeja Electric and Eko Electricity Distribution Company (Eko DisCo), had last week announced that several areas in Lagos and the Agbara community in Ogun State would face daily blackouts from 8 a.m. to 5 p.m. between 28 July and 21 August.
The outage, according to the Electricity Distribution Companies is necessary for critical maintenance work on the Omotosho–Ikeja West 330kV transmission line being carried out by the Transmission Company of Nigeria (TCN).
Ikeja Electric and Eko DisCo are the country’s largest electricity distribution companies by market share and revenue.
They reportedly collected N101 billion and N105 billion, respectively, in the first quarter of 2025, according to the Nigerian Electricity Regulatory Commission (NERC).
Lagos, Nigeria’s commercial hub, accounts for a significant share of national electricity consumption and hosts the bulk of the country’s formal businesses.
State officials estimate that over N13 trillion is spent monthly on power in the state.
The shutdown is expected to worsen the financial strain on businesses already grappling with rising operating costs.
Many will be forced to rely on costly alternative power sources such as diesel and gas, which could affect productivity and revenue.
