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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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Fears as APC disqualify 10 candidates days to the primary


By Akinola Ajibade

There is palpable air of uncertainties among the presidential aspirants of the All Progressives Congress ( APC) days to the primary, which is being organised for the candidates, The News Has learnt.

According to a report by Niche, the Presidential Screening Committee of the party headed by the pioneer chairman, Chief John Odigie-Oyegun, has disqualified 10 of the 23 presidential aspirants of the party.

Though the list of those affected is yet unknown as at press time, there is a great tension among party stalwarts as they started eavesdropping to know the next line of action, which the Senator Abdullahi Adamu-led National Working Committee National Working Committee (NWC) would take on the issue.

It was gathered that the news of the disqualification has engineered panic among the presidential hopefuls, who had spent time campaigning all over the country, aside from paying a whopping N100 m fee for nomination and expression of interest forms.


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