Queue at the filing station The President, Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
By Favour Ifeoluwa & Akinola Ajibade
Ondo Governor Lucky Aiyedatiwa, yesterday (Monday ) onstituted a transition committee that would handle the transition of electricity regulation to the state.
Addressing reporters at the event, the Special Adviser to the Governor on Energy and the deputy chairman of the committee, Engr Johnson Alabi, said that the committee will prepare the transition of the regulation for the state.
The committee has up till October 22, 2024 to submit its recommendations to the governor.
He said: “Based on this, it is expected that the electricity service providers in our state, BEDC, would have discussion with us.
“Our responsibility is to prepare the way forward as to how to manage the new development in the electricity sector.The timeline is between now and October ending.”
The Chairman of the Electricity Regulatory Transition from NERC to State government, Engr. Tunji Ariyomo explained that the committee would provide a platform that ensure smooth transition to the state with all stakeholders put into consideration.
He said: “Even before the committee was constituted, the state Governor, Hon. Lucky Aiyedatiwa and the Special Adviser on Energy, Engr. Johnson Alabi have taken decisive step to arrest the issue of estimated billing through the O’Datiwa Metering programme.
“As a committee, we will put in place technical administrative structure as a form of recommendation that can assist the state, TCN, BEDC and all key stakeholders to have smooth transition.”
Other members of the committee are Mrs. Iyabo Adefemi, Engr. Ajumobi olumayowa, Engr. Stephen Bolawole(Secretary) and Engr. Gbenga Akeju(TCN member).
On the notice that there would be power disruption for nine hours per day for two months, the Special Adviser said: “We actually got notice to that effect and we wrote to TCN immediately that 9 hours daily would crumble our businesses and other activities in the state.
“TCN replied us and assured us that they would do something about that that even if there’s going to be repair, it would be as lengthy as that.
“But fortunately this morning we a story debunking the repair notice did not arise because the repair notice did not receive the approval of the TCN headquarters.We are here to ensure that people carry out their businesses without any encumbrances.”
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