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
Osimhen By Favour Ifeoluwa & Akinola Ajibade Napoli & Super Eagles forward Victor Osimhen says he is going to take a new challenge at the end of next season. Osimhen scored 26 goals to help guide Napoli to their first Serie A title in 33 years during the last campaign. Through this, he has cemented his legacy in Naples. However, their attempt to defend their top-flight crown has proven to be a disaster. Napoli is down in ninth position in the standings and 21 points adrift of leaders Juventus. That has not stopped Osimhen recently penning a contract extension, keeping him tied to Napoli until 2026, but a release clause is believed to be present in his new deal. While the exact fee is unclear, it is believed to be at least €120 million (£102.67m), ensuring that Napoli remain in a strong position with regards to his future. Nevertheless, that has not stopped speculation regarding the next move of his career coming sooner rather than later. There is known to be a l