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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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Accugas wins Energy Best Practice Award

L-R: Savannah Energy's  Head of Human Resources,  Yetunde Onabule, CIPM's Registrar/ Chief Executive, Oluwatoyin Naiwo, and Senior HR Partner, Patience Emmanuel- Onyegu at the event.


Accugas Limited, a company, in which Savannah Energy Plc indirectly owned 80 per cent stakes in,  has won the Human Resources ( HR) Best Practice Award for the Energy, Oil and Gas Sector.

The firm, a subsidiary of Savannah Energy, won the award during the 54th International Conference and Exhibitions of the Chartered Institute of Personnel Management ( CIPM) in Port Harcourt, Rivers state. 

Savannah Energy is the British independent energy focused company, with interest to keenly explore its potentials in the industry for growth.

 In a statement made available to News Mirror, by the company, CIPM is described as  the apex regulatory organisation for the practice of HR in Nigeria.  

The statement listed other CIPM’s statutory mandate  to include determination of knowledge and skills to be attained by people seeking to become HR professionals, raising those standards from time to time, and enabling effective and impactful people management and organisational development in the associated areas.   

Speaking on the issue, Savannah Energy Nigeria's  Head of Human Resources,  Yetunde Onabule, said:

"We would like to thank the Chartered Institute of Personnel Management of Nigeria for this prestigious award in recognition of our efforts to promote excellence in HR at Savannah Energy. Our people are our most important asset, and we consistently invest in developing our talent and to make Savannah the best place to work in Nigeria.”

Recall that the HR Best Practice Awards were established, by CIPM,  in 2012 to promote excellence in people management and organisational development. The company's goals among others include celebration of  professionals who strive to implement best-in-class HR practices in their organisations. 

The International Conference and Exhibitions is the largest gathering of HR professionals in Africa. The 2022 event was attended by over 3000 practitioners from across the continent.


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