A 25-day power outage is set to hit Lagos and parts of Ogun State, affecting businesses, banks, and manufacturers. The outage, scheduled from July 28 to August 21, 2025, will occur between 8 am and 5 pm daily. According to Ikeja Electric and Eko Electricity Distribution, the blackout is due to maintenance work on the Omotosho-Ikeja West 330 kV line by the Transmission Company of Nigeria.
The Centre for the Promotion of Private Enterprise’s CEO, Dr. Muda Yusuf, warns that the outage will have a significant impact on businesses, resulting in increased energy costs and reduced productivity. “The cost implication of the blackout will be enormous for business owners, residents, and the Nigerian economy at large,” he said. Businesses that rely on the grid for power will have to shift to alternative sources, leading to increased costs.
Lagos State, being the commercial hub of Nigeria, will bear the brunt of the power outage. With an estimated N13 trillion spent monthly on electricity bills, the state’s economy will likely suffer significantly. The outage will also result in a drop in revenue for the DisCos and exacerbate the liquidity crisis in the power sector.
While Dr. Yusuf acknowledges the sacrifice of being without electricity supply, he believes it’s worth it to boost the nation’s grid capacity. “The decision to maintain the grid is commendable, but the effect on business is enormous. It’s a sacrifice worth making at this time,” he added.
The power outage is expected to have far-reaching implications for businesses, residents, and the economy as a whole. As the maintenance work progresses, Nigerians can only hope for a swift return to stable power supply.
