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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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Fayemi- Tinubu:: Aso Villa is nobody's property

 By Akinola Ajibade

 Ekiti state governor and presidential aspirant of the All Progressives Congress (APC), Kayode Fayemi, has  denied allegations that he betrayed Asiawju Bola Tinubu, by declaring to contest for the presidential election in 2023.

He spoke in Abuja during an interview with Channels Television Politics.

According to him, nobody has solely claim the office of the President, stressing that it is not an inheritance of anybody.

Fayemi, who is also the Chairman of the Nigerian Governors Forum (NGF), said that he and Tinubu are jostling for the ticket of APC and that it would  be wrong for anybody to accuse him of betrayal.

Recall that Tinubu,who is the  APC National Leader had on January 10 declared his intention to become Nigeria’s President after meeting with President Muhammadu Buhari at the presidential villa.

But the Ekiti State Governor, who is seen by many as being a beneficiary of Tinubu, said the ambition of APC presidential aspirants is to make a difference in the lives of Nigerians.

“The Asiwaju that I know and have interacted with will not subscribe to demonising anyone. I don’t believe that he would use terminologies like betrayal,” he said. “This is not an inheritance; it is not a traditional title that we are seeking.”

“The office that we are seeking is to make a difference in the lives of Nigerians. It is about Nigeria which is the commonwealth of all Nigerians,” he added.

Earlier, the governor explained that he believes his entry into the race will rebirth a new Nigeria.

‘After careful consideration of where we are as a nation…I believe that my entry into the race will offer Nigerians the opportunity to examine competing visions for national rebirth,” Fayemi said.

He said it has been his singular honour to have been an active part at various times with other committed compatriots labouring from various works of life, labouring with determination towards rapid and sustained national progress.

“Dear compatriots, it is in the spirit of this abiding faith in our country and the promise of its unfinished greatness that I stand before you today in total humility and in all sense of responsibility solemnly declare to all within our party and Nigerians at large my decision to accept my name to be put forward for consideration by the All Progressives Congress (APC) leadership and membership as our party’s standard-bearer in the upcoming contest for a successor to our leader, President Muhammadu Buhari,” 

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