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
The Association of Energy Correspondents of Nigeria, NAEC mourns the death of its prominent member and the publisher of Nigerian NewsDirect, Dr. Samuel Ibiyemi
In a statement signed by the Association Chairman, Mr Olu Phillips, described his paasage as a great loss to the Energy sector, media, and Nigeria.
According to Mr Phillips, the Nigerian energy industry and the media would miss his in-depth and balanced reporting of the energy sector.
“The measures he brought to in-depth and balancing reporting of energy sector and newspaper publishing is quite remarkable,” he added.
The NAEC Chairman also commiserated with the entire family of Ibiyemi, and urged them to see his passage as the will of God, adding that they should take solace in God for a quality life spent by the deceased.
He said: “On behalf of the entire leadership and members of NAEC, I mourn the passage of a proud NAEC, Dr Sam Ibiyemi. His death was a great loss to us all
“Dr Sam Ibiyemi was a man who gave life the best shot during his active days, and while he was hospitailed. He Lifted himself through hard work, unusual courage, extreme doggedness and commitment. He was a lesson to those that dared to dream and succeed.
He was a good ambassador of NAEC at every level and he contributed his quota to the growth and development of energy reporting in Nigeria.
His son, Wale Ibiyemi confirmed the death of his father to the leadership of NAEC on Tuesday.
He noted that his father died after a long battle with PULMONARY EMBOLISM (Blood clots) at Babcock Teaching Hospital,Ilisan, Ogun state.
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