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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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TCN restores grid within 24 hours




By Akinola Ajibade


The Transmission Company of Nigeria (TCN) says it has restored the national grid, which collapsed in early hours of Monday ( Yesterday).

TCN, in a statement signed by its General Manager, Public Affairs and made available to the media, said that “the restoration of the affected part of the grid commenced immediately at 11.55 am with Osogbo/Ihovbor back to the grid followed by Jebba/Osogbo, Kainji/Jebba, Benin/Onisha, Shiroro/Kaduna, Shiroro/Katampe, and Alaoji/Ikot-Ekpene,” it said in a statement on Monday.

“Others are, he said, include Lokoja/Gwagwalada, Odukpani/Ikot Ekpene, Benin/Omotosho, Oke-Aro/Ikeja west, Egbin/Oke-Aro and Kaduna/Kano.”

Explaining the cause of the incident, the TCN said it was due to “a sudden drop in system frequency, which created system instability”.

“The National Control Centre (NCC) said a full-scale investigation is being conducted to establish and ascertain the cause of the partial disturbance as this unwholesome event has resulted in aggregated generation loss,” TCN’s General Manager, Public Affairs, Ndidi Mbah, said in the statement.

Earlier in the day, electricity distribution companies had informed their customers of the disruption of power, citing the collapse of the national grid. They did not state the cause of the outage.

Ikeja Electric said the national grid collapsed at 10:50 am on Monday, noting that “this has affected the transmission stations within our network and resulted in the loss of power supply to our customers”.

The DISCOs equally apologised to them, saying work was being done to fix the issue.

“We are working with our TCN partners to restore supply as soon as possible,” Eko Electricity Distribution Company also said. “We apologise for the inconvenience.”

Monday’s incident is the latest in a series of blackouts in the country owing to the incessant collapse of the national grid.

The national grid had collapsed eight times this year with the last one coming in July. It equally collapsed in June, March, and April 2022.

With the national electricity grid collapsed on Monday  many parts of the country  were left without power, electricity distribution companies said.

Nigeria has installed capacity of 12,500 megawatts but produces about a quarter of that, leaving many Nigerians and businesses reliant on diesel-powered generators. Diesel prices have soared since the start of the year.

The nation’s sclerotic power grid, and its precarious energy supply,are often cited by businesses as a key issue hindering growth in Africa’s most populous country.

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