Tuesday, April 23

NERC’s Decision: ESERB Now Oversees Electricity Market in Ekiti State
23Apr By Afolake IbidunNo Comments
Business

NERC’s Decision: ESERB Now Oversees Electricity Market in Ekiti State

Decentralization efforts within the electricity sector in Nigeria have led to the Nigerian Electricity Regulatory Commission (NERC) transferring regulatory oversight of the electricity market in Ekiti State to the Ekiti State Electricity Regulatory Bureau (EERB). An official Order No. NERC/2024/042, signed by NERC’s Chairman, Sanusi Garba, and the Commissioner for Legal, Licensing, and Compliance, Dafe Akpeneye, announced this transfer on Tuesday, April 22, 2024. This decision is in line with the provisions of the 2023 Electricity Act. According to NERC, this transfer follows the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023 (Amended), granting EERB regulatory oversight of the electricity market in Ekiti State. While NERC retains its role a...
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NERC Delegates Oversight Authority to ESERB for Electricity Decentralization
23Apr By Mariam AbdullahiNo Comments
News

NERC Delegates Oversight Authority to ESERB for Electricity Decentralization

Efforts to decentralize the electricity sector in Nigeria have led to the Nigerian Electricity Regulatory Commission, NERC, transferring regulatory oversight of the electricity market in Ekiti State to the Ekiti State Electricity Regulatory Bureau, EERB. This transfer was officially announced in Order No. NERC/2024/042 on Tuesday, April 22, 2024, signed by NERC's Chairman, Sanusi Garba, and the Commissioner for Legal, Licensing, and Compliance, Dafe Akpeneye. NERC stated that this decision is in accordance with the provisions of the 2023 Electricity Act. According to the Commission's announcement, the EA 2023 designates NERC as the central regulator responsible for regulatory oversight of inter-state/international generation, transmission, supply, trading, and system operations. For a...
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Minister: Israeli strikes in South Lebanon lead to more than $3 billion in damages
23Apr By Mariam AbdullahiNo Comments
News

Minister: Israeli strikes in South Lebanon lead to more than $3 billion in damages

The worth of damages caused by Israel to the agricultural sector and other industries in southern Lebanon exceeds $3 billion, according to Lebanese Agriculture Minister Abbas Hajj Hassan. Hajj Hassan mentioned that the ministry is constantly updating a map to document both the direct and indirect impacts of Israeli attacks on villages and towns in the south. He explained that assessing the harm to the soil in the south due to Israeli attacks will require in-depth studies post a ceasefire, and a committee is in place for this purpose. "Once the Israeli attacks cease, we have a committee ready to analyze the soil," he added. The minister also emphasized the ministry’s commitment to planting ten trees for each tree destroyed by the ‘enemy,’ along with plans to enhance the fish sector wit...
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Minister attributes energy deficit to lack of adequate financing and insufficient gas supply
23Apr By Mariam AbdullahiNo Comments
News

Minister attributes energy deficit to lack of adequate financing and insufficient gas supply

In his opening address at the power sector stakeholders’ interactive dialogue organized by the House of Representatives Committee on Power in Abuja, Minister of Power, Adebayo Adelabu, pinpointed inadequate financing and insufficient gas supply as the key factors contributing to the energy deficit in the country. Adelabu highlighted the determination of the President Bola Tinubu-led administration to tackle the challenges and improve Nigeria's business environment. However, he expressed concerns about the current state of power supply nationwide. Emphasizing the vital role of the power sector in the functioning of all other industries, Adelabu stated, "No sector can function optimally without the power sector. Over the years, poor financing and inadequate gas supply have been responsib...
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Atalanta’s Lookman named in Serie A Team of the Week
23Apr By Ofomata EdidiongNo Comments
Sports

Atalanta’s Lookman named in Serie A Team of the Week

Ademola Lookman, the winger from Nigeria, has been honored with a spot in the Serie A Team of the Week. Reports from NewsNow highlight Lookman's outstanding performance in Atalanta's 2-1 victory on the road against Monza. In this tightly contested match, the 26-year-old managed to provide two crucial assists. One of Lookman's assists came from a corner-kick that led to a goal by the Belgian player Charles De Ketelaere during stoppage time in the first half. Furthermore, Lookman played a pivotal role as the provider for El Bilal Toure's second goal. Having appeared in 26 league matches this season, the former Leicester City player has accumulated a total of eight goals and six assists for Gian Piero Gasperini's squad.
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Incensed Youths Torch Properties Following Alleged Youth Killing by Vigilante Group in Imo
23Apr By Ofomata EdidiongNo Comments
Metro

Incensed Youths Torch Properties Following Alleged Youth Killing by Vigilante Group in Imo

In Owerri North Local Government Area of Imo State, aggrieved youths have set ablaze houses and shops, driven by the alleged killing of a local youth named Friday Njoku by members of a vigilante group operating in the area. An unnamed source from the community, who spoke to NewsNow under anonymity, shared that the irate youths have accused Emmanuel Abakporo, an official at the Nigeria Correctional Service state command and leader of the vigilante group, of orchestrating Njoku's demise. Fueled by anger over Njoku's death, the youths stormed Abakporo's residence on Tuesday, assaulting his son until he lost consciousness. Subsequently, they targeted his wife's store, setting it ablaze. Describing the incident, the source stated, "Our community is in chaos. The youth are incensed. On S...
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Alleged Bullying Incident Prompts Police Response at Abuja Lead British School
23Apr By Mariam AbdullahiNo Comments
News

Alleged Bullying Incident Prompts Police Response at Abuja Lead British School

Responding to reports of alleged bullying involving a 16-year-old student named Namtira Bwala at Leads British International School in Abuja, the Federal Capital Territory, FCT Police Command has taken action. Confirmed by the FCT Police Police Public Relations Officer, SP Josephine Adeh in a brief statement released to NewsNow, officers were dispatched to the school premises following a viral video depicting a disturbing incident of a student bullying and slapping a fellow student. In order to prevent any potential disturbance of peace, Josephine Adeh stated that the command had deployed experienced officers to conduct investigations at the school. The statement highlighted, “In response to public concerns raised about videos circulating on social media showing instances of student b...
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Osimhen’s Journey to Stardom: Embracing Opportunities to Shape His Story
23Apr By Ofomata EdidiongNo Comments
Sports

Osimhen’s Journey to Stardom: Embracing Opportunities to Shape His Story

Reflecting on his difficult journey to success, Victor Osimhen credits his time at Belgian Pro League club, Sporting Charleroi, as a pivotal moment that transformed his career. Back in 2015, Osimhen's stellar performance for Nigeria in the FIFA U-17 World Cup in Chile, where he clinched the Golden Boot with 10 goals in seven matches, propelled him into the spotlight. Despite a less-than-ideal stint at Bundesliga side VFL Wolfsburg, where he struggled to find the back of the net in 14 appearances, Osimhen's move to Charleroi marked a significant turning point. During his loan spell with Charleroi in the 2018/19 season, the then 25-year-old showcased his prowess by netting 12 goals in 25 league games, leading to a permanent deal and a subsequent transfer to Ligue 1 side, Lille. After a s...
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EFCC Takes Action Against 300 Suspicious Accounts Over FX Flows
23Apr By Mariam AbdullahiNo Comments
News

EFCC Takes Action Against 300 Suspicious Accounts Over FX Flows

Details unveiled by the Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, on Tuesday indicate a new discovery by the Commission that goes beyond the realm of the Binance crypto trading platform and its operations. Olukoyede revealed that approximately 300 accounts have been frozen by the EFCC to safeguard the foreign exchange market. Referred to as the “P to P” peer-to-peer financial trading scheme, this initiative has been functioning outside the established banking and financial channels, raising concerns of a potential disaster that could negatively impact the ongoing strengthening of the Naira. Addressing the situation, Olukoyede noted, “There are individuals within the country engaged in activities more concerning than Binance.” He further disclosed th...
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23Apr By Mariam AbdullahiNo Comments
News

Allegedly Poisoned Cows Buried by Kwara Government

Reports indicate that in Kwara State, allegedly poisoned cows that were confiscated and slaughtered for public consumption near the State College of Arabic and Islamic Legal Studies, CAILS, in Ilorin, the state capital, have been buried. Preliminary investigations suggest that the animals were affected by grazing on contaminated grass. The decision to bury the animals came after various precautions were taken to prevent the consumption of the suspected poisoned meat from these cows. In a statement by Mrs. Funke Sokoya, the Permanent Secretary of the Ministry of Agriculture and Rural Development, it was mentioned that the state government, in collaboration with the Ministries of Agriculture, Health, Environment, and the State Environmental Protection Agency, along with other stakeholde...
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