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
By Akinola Ajibade
Amid plans by the Presidential Candidates of the People Democratic Party( PDP) Alhaji Abubakar Atiku Labour Party( LP), Mr Peter Obi respectively, to contest the result of the February 25th election won by Asiwaju Bola Ahmed in Court, the Independent National Electoral Commission( INEC) has announced a shift in the Governorship and House of Assembly elections by one week.
Both Atiku and Obi are former Vice President and Governor respectively.
Under the new rule, as announced by the electoral umpire recently, the exercise, which was earlier billed to hold this Saturday March 11th is now postponed to March 18th.
Citing problems such as transportation and poor configuration of Biomedal Voters Accreditation System ( BVAS), the INEC's Chairman, Prof Mahmoud Yakubu, said that the body has no option than to hold the elections at a latter date, if meaningful and errors free exercise is going to take place in the country.
According to him, a meeting comprising key officials of INEC and other relevant institutions is underway in Abuja in order to fashion out modalities on how best the elections can hold in the country.
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