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FG- Imo: :Regulatory Oversight of The State Electricity Market Is Now Underr ISERC

By Favour Ifeoluwa & Akinola Ajibade  The Federal Government yesterday( Monday) announced the transfer of Regulatory Oversight of the Electricity Market in Imo State to the state electricity regulatory commission, otherwise known as (ISERC). In a statement issued by the Nigerian Electricity Regulatory Common( NERC), the development is in compliance with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023 (Amended), reiterating that all transfers envisaged by this order shall be completed by 31 December 2024. According to the Commission,the transfer Order’s provisions include: “Direct Enugu Electricity Distribution Company (EEDC) to incorporate a subsidiary (EEDC SubCo) to assume responsibilities for intrastate supply and distribution of electricity in Imo State from EEDC, and that EEDC shall complete the incorporation of EEDC SubCo within 60 days from 27th June 2024. The subcompany shall apply for and obtain licence for the in
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Reps- Power Ministry: Provide electricity for Nigerians


By Akinola Ajibade

The House of Representatives Committee, has advised the Ministry of Power on the need to supply reliable electricity for the more than 200 million population in the country.
The chairman, House Committee on Power Hon. Magaji Da’u Aliyu,gave the advice during an interactive session on the state of the sector recently.

He said that the sector is in a terrible situation such that it requires immediate provision of electricity to Nigerians, not postulation of theories that would not translate into reality.
According to him, the seemingly unenthusiastic and fire brigade attitude of the Ministry towards power issues each time there is a national emergency is not the best, in view of the fact that Nigerians require urgent supply of power for growth. 
He said that there was nothing in the programmmes of the government that the Power Ministry was addressing the problem of irregular supply of electricity in Nigeria.
Also , the Permanent Secretary, Ministry of Power Nebolisa Anoka said that there are many problems in the sector. The Power Minister is Abubakar Aliyu.
He said that the problems include poor gas supply, hydro levels, , as well as disequilibrium between power generation, transmission and distribution, a development which has resulted in the collapse of the national grid 
He notes that the Ministry of Power recently hosted an emergency meeting with key stakeholders in the gas-to-power value chain, during which far reaching resolutions were arrived at on key measures needed to ameliorate the situation.
 the challenges, he said, are not entirely predictable, adding that actions are being taken by the Federal Ministry of Power and other partner government"s Ministries Departments and Agencies ( MDAs.)
He pointed out that the issue of the right of way as stalling key transmission projects, assuring that the ministry will increase sources of supply through renewables, with a target of 30 percent generation through renewables by 2030.


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