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Syndicate steals IBEDC service wires from residence in Ibadan

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A syndicate that specializes in the stealing of electric service wires from residential buildings now operates in Ibadan, Nigeria. The criminal group comprising some unscrupulous elements in the Ibadan Electricity Distribution Company (IBEDC) co-opted financially indisposed individuals to give out vital information that would be of mutual benefit. On Tuesday, 17 December, 2024, between 2:45 pm and 3:10 pm in the afternoon, a marketer and a technician, both workers of the IBEDC, stole the four service wires that supply electricity to the four apartments at No. 3 Kehinde Aderibigbe Street, Olorunsogo, Molete. Before the ugly act, the criminals had sat down and strategized at a shoemaker's shop at No. 6. The shoemaker had in turn entertained them. After the act, the criminals, who brought along a ladder, made away with the stolen items while residents of the community watched with keen interest. In recent times, cases of the theft of the DISCO's equipment and materials ha...

Farmers Worry

Farmers in Nigeria have continued to lament the hostile attitude of the government at all levels towards the enactment of a policy that would empower and safeguard them. Of worry,are the numerous challenges weighing down the agricultural sector, among which is the astronomical costs of processing and distribution between the farms and markets. Indeed, the insecurity in different parts of the country has resulted in the forced annexation of the ancestral land of the people by faceless actors backed by Those-in-Charge. In so many states the real estate business has distracted the elected representatives of Nigerians form their primary responsibilties, while lawlessness and criminality have defied all solutions. Difficulties in accessing credit, farm loss and policy-induced distortions have also contributed to the situation today, that has translated to hunger and poverty. Sadly, the ailing sector has ensured the acute shortage of food, a high rate of unemployment, increase in the poverty rate and inadequate supply of raw materials to industry, while political office holders grapple with self-centered interest-outside economic development. The Economic Status Daily scenes, events and occurrences across the geographical locations in Nigeria indicate that millions of Nigerians are anxious to experience a positive change in their economic status very soon. How soon, Those-in-Charge would have to determine.

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