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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


No fewer than 2,000.personnel of the Nigeria Customs Service (NCS) have been  sacked and prosecuted over corrupt practices in the last seven years, its Comptroller General of the Nigeria Customs Service (NCS), Hameed Ali, has said. 

He said this during the Ministerial Media Briefing organized by the Presidential Communications Team at the Presidential Villa, Abuja today.

DG, Customs, Alli

According to him,  the sacked officers were found to have been compromised in the course of the discharge of their responsibilities.

Meanwhile, he revealed that the Service has so far generated a total sum of N2.14 trillion in 2022, with a target to raise about N3.019 trillion in the same year. 

The Customs boss noted that the fight against smuggling has assumed a stiffer and more sophisticated dimension, adding that the agency is procuring additional aircrafts to effectively tackle the menace across the borders with the collaboration of the Nigerian Air Force.

Ali warned against the consumption of imported rice because of its implications on human health, as he observed that the product is preserved with harmful chemicals and has short lifespan. 

He explained that the NCS engages in constant seizures of the commodity in order to make it inaccessible to consumers. 

He, however, said that the seized foreign rice, after certification by NAFDAC, is distributed to Internally Displaced Persons (IDPs) camps and the needy, particularly those affected by crisis.

 

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