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
By Akinola Ajibade
The All Progresives Party( APC) will experience serious crises, if its National Leader, Asiwaju Bola Ahmed Tinubu, loses the presidential primary coming up in the next few days, the former Bornu State Governor, Kashim Shettima, has said.
The primary is slated for June 6th-7th this month, with aspirants criss-crossing the country, seeking the nod of delegates ahead of the event.
Shettima, who spoke on Friday night during a programme on Television Continental ( TV) noted that the former governor of Lagos state has paid its dues in all ramification and that as a result, officials of party across the country are in support of him.
" I'm not a prophet of doom. But it would be catastrophic for Asiwaju if he loses the presidential primary of the party."
He, however, said that Nigerians are quoting the APC presidential hopeful ( Tinubu) out if context over the statement that he made President Muhammad Buhari to win the election.
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