Skip to main content

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
Post a Comment

Accord welcomes 1000 new members, relies on God for 2023 polls





By Akinola Ajibade



The Accord Party has received 1000 new members into its fold, just as it relies on God to determine the outcome of February 26th Presidential election. They members are decampees from the ruling All Progressives Congress ( APC).
The Party's Presidential Candidate, Prof  Christopher Imumolen, said this in Lagos, during the innuguration of its Campaign Council/Handover and Presentation of  Certificate of Return to Candidates For the Elections.
According to him,  Nigeria recorded victories in past elections through her citizens, not financial inducements politicians.
Citing President Muhammad Buhari and his predecessor, Chief Olusegun Obasanjo, Imumolen noted that the duo won elections through the  supports of Nigerians, who voted them into office, not money..
Said he: " God was the only determinant in their victories and He is going to do the same thing in 2023 for Nigeria." he said.
Continuing further, Imumolen assured members of five million votes  for its Lagos governorship candidate, Hakeem Dickson, adding that he is going to win presidential election in February 
Adding that: "In Nigeria, God plays His role, it is not highest spenders that have been voted as presidents of the country from available record. Chief Olusegun Obasanjo became president when he came out of prisons and he did not have money even in his account then.
"Then came President Yar'Adua, he too did not have money, he was not a money bag and followed by President Goodluck Jonathan. If it were to be on account of financial muzzle, our current president, Muhammadu Buhari wouldn't have become president," he said.
He  lamented the poor state of the country, saying that the citizens were suffering as the level of poverty kept increasing.
Imumolen said the party was constantly receiving decampees from both APC and the leading opposition Peoples Democratic Party (PDP), stressing that he would  coming back to Lagos to 
campaign for the party's governorship candidate.
"I am coming back next month  to flag off  campaign in Lagos. We shall receive thousands of decampees into the party. We have not won elections, we are already awarding scholarship, and we are giving jobs to people," he said.
He, therefore, tasked members to keep on mobilising support for the party all the candidates ahead of the poll, while also urging them to go and collect their Permanent Voter Cards (PVCs) as, according to him, the coming poll would be transparent and credible and, there was need for voters to come to their polling booths to exercise their franchise.
Also, the party's guber candidate, Mr. Dickson, assured that his administration, if voted into office, would offer scholarship and loans to students in need, adding that his administration would also abolish cut- off marks for students seeking admission into higher institutions.
One of the decampees, Jeremiah, who was a former member of APC in Ward G in Alimosho area of the state, said that education is key because nobody can grow without having it.

Comments

Post a Comment

Popular posts from this blog

HAPPY 70 TO ELDER ADE ADEDAMOLA OGIDAN

PLATINUM BIRTHDAY ANNIVERSARY OF ELDER ADE ADEDAMOLA OGIDAN, A FOREMOST JOURNALIST & EDITOR By Favour Ifeoluwa & Akinola Ajibade Like a new born child, beaming with smiles for coming out of his mother's womb in order to live a fulfiled life, the celebrator,Ade Ogidan fits perfectly well into this category. Simply known as AAO, a shorten form of Ade Adedamola Ogidan, the thorough based journalist is without doubt, a  well grounded newsman.. With Bachelor of Science ( BSC) Degree in   Sociology and Anthropology( 1976 ) from University of Nigeria, Nsukka,  Ogidan has cut his teeth well in Journalism. Prior to this, he  taught in Osogbo Grammar School and worked at the Nigerian Communication respectively  after his youth service, a development, which no doubt prepared  him well for journalism profession and other future engagements. Pragmatic, resilient and outspoken, where it matters, Ogidan ensured  that his tenure as the first Chairman of Pineapple Estate, Ikorod
1 comment
Read more

NNPC Completes Mechanical Rehabilitation of Port Harcourt Refinery Plant

By Favour Ifeoluwa & Akinola Ajibade The Nigerian National Petroleum Company (NNPC) Limited, says that it has mechanically completed the rehabilitation of Area 5 Plant of the Port Harcourt Refining Company (PHRC). The nation's oil company began rehabilitation of the refinery two years ago, while at the same time, promised to complete its by 31st December 2023. The Group Chief Executive Officer, NNPC Ltd., Mr. Mele Kyari, said as of December 15th, 2023, 84.4% of Area 5 Plant, a key component of the Refinery, and 77.4% of the entire rehabilitation project have been completed. “In our quest to ensure that this refinery is re-streamed to continue to deliver value to Nigerians, we made a promise that we will reach a mechanical completion of phase one of the rehabilitation project by the end of December and get the other plants running in 2024. Today, we have kept those commitments,” Kyari stated. The GCEO commended NNPC's staff and the EPCIC contractors for doing a g
Post a Comment
Read more

Fed Govt Commences New VAT Sept 1

By Favour & Akinola Ajibade Buoyed by the resolve to deepen the country's revenue base and further and further speed up implementation of capital projects in Nigeria, the  Federal Government will in the next six days, precisely September 1, this year, starts collecting the  new Value Added Tax( VAT).  The government is achieving  this goal through the Federal Inland Revenue Service(FIRS).  FIRS, in a statement,  said subject to the Finance Act 2023, VAT withheld or collected, VAT on items excluded from building, the new Tertiary Education Tax rate of 3 per cent and Investment Allowances and Convertible Currencies will become effective September 1, 2023. Certain amended provisions of the Finance Act 2023 were enacted on 28th May, 2023 with the effective date of 1st May 2023. However, the effective date was changed to 1st September 2023. Some of the amended Sections are 14 (3) which deals on VAT Withheld or Collected. The VAT Act was amended to the effect that persons
Post a Comment
Read more