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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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Fed Govt-Nigerians: Gas Will Be Distributed To Users Through Pipeline, Not Trucking




By Ifeoluwa Favour & Akinola Ajibade


The Minister of State Petroleum Resources (Gas), Mr. Ekperikpe Ekpo says Nigeria will lay emphasis on licences for distribution gas  to end users iacross  the country. 

This is coming on the heels of recent gas explosion at Ita Oshin in Abeokuta, Ogun State,where a truck conveying Compressed Natural Gas(CNG) had brake failure, crashed into the road barricade and went up in flames. 

The accident resulted in loss of lives and properties. 

The Minister, who was on visit to the site of the event recently,  said that a shift from  trucking to gas to the end users  to issuance of distribution licences would help  guarantee  safety of the product. 

Ekpo said going forward, rather than trucking to the end users, the regulators will emphasize issuance of distribution licences that will ensure that licensed distributors invest in the installation of pipelines to deliver gas directly to end users.

He said the shift from trucking to pipeline transportation would not only enhance safety, but improve efficiency and reliability in delivering gas to consumers.

“As the Honourable Minister of State Petroleum Resources (Gas), I am committed to growing the gas space, but however I can assure you that every effort is being made to prevent such accidents from occurring in the future,” he said.

On the Minister’s entourage were the Authority Chief Executive (ACE) of NMDPRA, Farouk Ahmed, members of the Minister’s technical team and officials of the NMDPRA.

The Minister was received by Ogun State Governor, Prince Dapo Abiodun, who thanked him for the visit, stressing the importance of a thorough investigation to unravel the root cause of the accident and implementation of recommendations made to forestall future re-occurances.

Deputy Governor of the State, Mrs. Noimot Salako-Oyedele, and other officials of the state government had conducted Ekpo and his team on tour of the accident site.

The Minister commiserated with families affected by the tragedy and Gasco Marine Ltd,, owners of the gas truck.

He also commended the swift response of fire service personnel, and first responders, in the aftermath of the gas explosion even as he reiterated his commitment to grow the gas space. 










 that theindustry  regulators( Nigerian National Petroleum Resources ( NNPC) and others 


,  where there was a loss of life and destruction of property, as a truck conveying CNG, which experienced brake failure, crashed into the road barricade and the truck head went up in flames.

On the Minister’s entourage were the Authority Chief Executive (ACE) of NMDPRA, Farouk Ahmed, members of the Minister’s technical team and officials of the NMDPRA.

The Minister was received by Ogun State Governor, Prince Dapo Abiodun, who thanked him for the visit, stressing the importance of a thorough investigation to unravel the root cause of the accident and implementation of recommendations made to forestall future re-occurances.

Deputy Governor of the State, Mrs. Noimot Salako-Oyedele, and other officials of the state government had conducted Ekpo and his team on tour of the accident site.

The Minister commiserated with families affected by the tragedy and Gasco Marine Ltd,, owners of the gas truck.

He also commended the swift response of fire service personnel, and first responders, in the aftermath of the gas explosion even as he reiterated his commitment to grow the gas space.

Ekpo said going forward, rather than trucking to the end users, the regulators will emphasize issuance of distribution licences that will ensure that licensed distributors invest in the installation of pipelines to deliver gas directly to end users.

He said the shift from trucking to pipeline transportation would not only enhance safety, but improve efficiency and reliability in delivering gas to consumers.

“As the Honourable Minister of State Petroleum Resources (Gas), I am committed to growing the gas space, but however I can assure you that every effort is being made to prevent such accidents from occurring in the future,” he said.


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