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Monarch Urges Tinubu To Address Cement Industry Monopoly
Monarch Urges Tinubu To Address Cement Industry Monopoly....KINDLY READ THE FULL STORY HERE▶
Amidst soaring cement prices in Nigeria, HRM King Obukohwo Monday Whiskey JP, Udurhie I, the Ovie of Idjerhe Kingdom, has passionately appealed to President Bola Tinubu for the revival of the dormant Madewell Cement factory situated in Idjerhe……CONTINUE READING
In an interview with Vanguard, the monarch emphasized the necessity of reissuing licenses to all cement producers whose permits had been revoked, stressing the importance of fostering competitiveness and efficiency within the cement production sector.
Expressing concern over monopolistic tendencies in the industry, the king denounced the notion of a single entity dominating cement production in Nigeria as “wickedness.”
He elaborated, “It is unacceptable for only one person to monopolize cement production in Nigeria. The closure of the Madewell Cement factory years ago resulted in the loss of thousands of jobs, both directly and indirectly benefiting the Nigerian economy.”
The monarch highlighted the significance of the cement sector for national development and urged President Tinubu, known for his business acumen, to address the issue. He emphasized the need to rectify the injustice done to Prince David Iweta, the MD/CEO of Madewell Cement, and advocated for the reopening of the factory.
“The reopening of the factory would alleviate the high demand for cement and contribute to resolving the shortage currently experienced in the market,” the monarch stated.
He further underscored the importance of promoting fair competition in the cement industry, emphasizing the detrimental effects of monopolization on both the economy and consumers.
The monarch’s plea reflects the broader call for equitable access and fair competition within Nigeria’s cement sector, urging decisive action to address monopolistic practices and revive dormant cement factories for the benefit of the nation.
latest
“Some Fools Still Think Everything Is Okay” – Spyro Blasts Nigerians Over Electricity Crisis.
Nigerian singer, Spyro, has expressed anger over the persistent electricity crisis in the country, Naija News reports.....KINDLY READ THE FULL STORY HERE▶
Nigerian singer, Spyro, has expressed anger over the persistent electricity crisis in the country, Naija News reports.
The singer’s reaction followed a visit to an electricity distribution company’s office, where he sought an explanation for the poor power supply despite paying for Band A electricity service.
However, his experience at the office took an unexpected turn when he noticed the difficult conditions under which the employees were working.
According to Spyro, the staff members were battling the heat and using hand fans because there was no electricity in their workplace.
He disclosed that the situation became even more disturbing after a female employee who attended to him revealed that her neighbours often mocked her for working with an electricity distribution company while still experiencing power outages in her own home.
Recounting the incident in a post on his page, Spyro wrote:
“I went to EKDC office out of frustration to find out why I pay for Band A and yet zero electricity. On getting there, I was moved by compassion as the workers were literally fanning themselves, no electricity. The lady that attended to me said, ‘My neighbours shame me for working here, yet I have no light.’
“And yet some FOOLS still seem to think everything is okay in this country 🫠”
Clarify Spyro’s electricity complaintUse a more balanced news tone
latest
TCN Blows Hot, Accuses IKEDC Of Misleading Customers Over Grid Instability.
The Transmission Company of Nigeria (TCN) has challenged Ikeja Electric (IKEDC) over its explanation for the recent electricity disruptions experienced by Band A customers.....KINDLY READ THE FULL STORY HERE▶
The transmission company maintained that the outages were caused by a decline in electricity generation rather than instability in the national grid, Naija News reports.
TCN disclosed its position in a statement issued by its management on November 6, 2026.
The response followed a public notice released by IKEDC on November 5, in which the distribution company attributed several power outages affecting Band A feeders on November 3 and 4 to instability in the national grid.
IKEDC had blamed the disruptions on TCN, but the transmission company dismissed the allegation, describing the explanation as inaccurate and misleading.
TCN explained that the responsibility for investigating and establishing the actual causes of disturbances and interruptions on the national grid lies with the Nigerian Independent System Operator (NISO), in accordance with Section 67 of the Electricity Act 2023.
In the statement, the company said, “The determination of the root cause of disturbances, shortfalls and interruptions on the national grid falls exclusively within the defined functions of the Nigerian Independent System Operator (NISO).
“TCN can only transmit the energy made available to it and cannot transmit energy that is not generated.
“Attributing shortfalls caused by generation constraints to TCN misinforms customers, undermines public confidence and obscures the real challenges that all stakeholders must work together to resolve.
“DisCos should communicate based on verified information from NISO, the body responsible for the operation of the grid.
“TCN sympathises with customers affected by the reduced hours of supply.”
The company urged electricity distribution companies to rely on verified information from NISO when explaining power supply disruptions to their customers.
It also expressed sympathy for consumers affected by the reduced hours of electricity supply.
entertainment
Another Major Loss For Nollywood As Popular Actor Is Confirmed Dead.
The Nigerian movie industry has been thrown into mourning following the death of veteran Nollywood actor, Diewait Ikpechukwu.....KINDLY READ THE FULL STORY HERE▶
Ikpechukwu reportedly passed away on Thursday, November 5, 2026, at the age of 71 after battling a prolonged illness.
A family source confirmed his death to Daily Post but declined to reveal the specific illness he suffered before his demise.
Similarly, the National President of the Actors Guild of Nigeria, Alhaji Abubakar Sanusi Yakubu, announced the actor’s passing in an Instagram tribute on Friday, November 6, 2026.
In his tribute, Yakubu described Ikpechukwu as another legendary figure who had departed, noting that his memories would continue to live in the hearts of those who knew him.
The late actor enjoyed a career spanning more than 25 years and was particularly recognised for his roles in Nollywood productions, where he frequently portrayed traditional rulers, influential personalities and respected elderly figures.
Diewait Ikpechukwu was born on August 23, 1955, and hailed from southeastern Nigeria.
Before venturing into the movie industry, he was an accomplished footballer who played as a right winger during the 1970s. His footballing talent reportedly earned him an invitation to the Green Eagles camp, Nigeria’s former senior national football team.
He featured for clubs such as Blue Diamonds of Nsukka and Kaduna Rocks and also captained the Kaduna Polytechnic football team.
While studying in Kaduna, Ikpechukwu developed an interest in broadcasting and reportedly worked with radio stations, where he provided football commentary.
His involvement in football and broadcasting gave him early exposure to the media and entertainment world before he eventually pursued an acting career.
Academically, the late actor attended Comprehensive High School in Awo-Omamma, Imo State, before proceeding to Kaduna State Polytechnic, where he obtained a Higher National Diploma in Marketing.
He subsequently completed his National Youth Service Corps programme at Ahmadu Bello University, Zaria, and later earned a postgraduate diploma in Marketing from Enugu State University of Science and Technology.
Before fully embracing acting, Ikpechukwu worked with the Nigerian Telecommunications Limited (NITEL), where he held the position of business office manager.
His transition into entertainment followed his involvement in television productions at the Nigerian Television Authority (NTA), Enugu.
He made his feature film debut in Evil Men in 1998, playing the role of a traditional ruler. The movie also featured prominent actors, including Pete Edochie, Alex Usifo and Liz Benson.
The production marked an important turning point in his acting career and helped establish his presence in Nollywood.
Over the years, Ikpechukwu became a familiar face to movie lovers through his convincing portrayals of kings, traditional rulers, elderly statesmen and other influential personalities.
His commanding screen presence made him particularly recognisable in films centred on traditional institutions, cultural heritage and African customs.
His death marks another loss for the Nigerian entertainment industry, with tributes expected to continue from colleagues, fans and admirers.
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