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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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Blackout imminent, as grid suffered collapse again By Akinola Ajibade

Nigeria, yesterday, suffered a nationwide blackout, as the national electricity transmission system popularly known as grid suffered total collapse.

This happens 56 days, after the national grid collapsed on April 8th, this year, a development, which has thrown the country into darkness.

The News Mirror, reports that the latest  collpase, which rocked the country on Sunday evening, was the fourth time within the space of 90 days, and the fourth in 2022, the last being on 8th April 2022.

The nation recorded the first two collapses on March 14 and 15 2022 respectively.

An official in the generation sub-sector, who spoke under cover said that the nationwide outage began around 6pm as the generation from various power plants dipped.

“We experienced a grid collapse this evening around 7.00pm 18:49, said the official.

Power generation, findings showed was 1,353.80 megawatts (MW), generated by 13 GenCos shortly before the system crashed, as at evening on Sunday.

The grid has up to 24 active Gencos on the grid, but even from the 13 GenCos on Sunday evening, only Delta (Ughelli) GenCo did up to 371MW; Rivers IPP had 156MW, Omotosho did 130MW, Olorunsogo did 128MW while the other nine GenCos did not generate up to 100MW.

Sadly, the baseload GenCos which are the three hydropower plants that guarantee stable electricity were affected.

While Kainji had 51MW, Jebba had 88MW and Shiroro was down, some 45 minutes before the national grid collapsed.

Reports from the Nigeria System Operations, a section of the Transmission Company of Nigeria (TCN) and grid manager, indicate that there has been a lull in power generation.

The highest generation on Saturday was 3,685MW, also being the highest electricity generated in Nigeria for a week (since Sunday 5th June).

As at the time of filing this report, TCN was yet to officially issue a report on the remote and immediate cause of the grid collapse. But an official told this paper that the restoration process had intensified with power being restored to Abuja and some states, first.


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