National
NERC unbundles TCN, establishes new system operator
NERC unbundles TCN, establishes new system operator
The Nigerian Electricity Regulatory Commission (NERC), has unbundled the Transmission Company of Nigeria (TCN) with the establishment of the Nigerian Independent System Operator of Nigeria Limited (NISO)
The company disclosed this in an order signed by its Chairman, Mr Sanusi Garba and Mr Muslim Oseni, Vice Chairman in Abuja on Saturday.
According to the order, TCN will transfer all market and system operation functions to the newly formed NISO.
The company said that this is in line with the provisions of the Electricity Act 2023, which provides clearer guidelines for the incorporation and licensing of the independent system operator (ISO).
It said that previously, TCN held Transmission Service Provider (TSP) and System Operations (SO) licences issued by NERC.
”With the establishment of NISO, TCN will now transfer its assets and liabilities related to market and system operations to the new entity.
According to the order, the Bureau of Public Enterprises (BPE) has been directed to incorporate a private company limited by shares under the Companies and Allied Matters Act (CAMA) by May 31.
”This new company, to be named the Nigerian Independent System Operator of Nigeria Limited (NISO), will assume the market and system operation functions as specified in the Electricity Act and the terms of TCN’s system operation licence,”It said.
The company outlined NISO’s responsibilities to include managing assets and liabilities related to market, and system operation on behalf of market participants and consumer groups.
”The new ISO will also negotiate contracts for ancillary services with independent power producers and generation licensees.
”In addition to performing market and system operation functions for the benefit of market participants and system users”It said.
NERC unbundles TCN, establishes new system operator
National
FAAN begins sale of e-tags at airports
FAAN begins sale of e-tags at airports
The Federal Airports Authority of Nigeria ,(FAAN) on Friday began the sale of 2024 e-tags that would permit entry into the 24 Federal Airports in Nigeria.
In a statement made available to newsmen in Abuja, FAAN said that the sale of the tags aligned with a presidential directive approved by the Federal Executive Council (FEC) .
According to it, the meeting mandated that all the users of federal airports across the country ought to pay charges at the gates.
Mr Francis Ajaguna, Head of Public Affairs, Nnamdi Azikiwe International Airport (NAIA), told NAN that many people came to the airport and bought the tags.
”FAAN’s Commercial Department confirms that it has started issuing the e-tags and people are buying them,” he said.
FAAN begins sale of e-tags at airports
Education
Students loan application portal opens May 24 – NELFUND
Students loan application portal opens May 24 – NELFUND
By Funmilayo Adeyemi
The Nigerian Education Loan Fund (NELFUND), has announced May 24 as official date for the opening of portal for student loan applications.
The Managing Director of NELFUND, Mr Akintunde Sawyerr, disclosed this on Thursday in a statement made available to newsmen in Abuja by the Fund’s Media and Public Relations Lead, Nasir Ayitogo.
Sawyerr said the opening of the portal marked a significant milestone in the commitment of President Bola Tinubu to foster accessible and inclusive education for all Nigerian students.
According to him, through the portal, students could now access loans to pursue their academic aspirations without financial constraints.
He added that the portal provides a user-friendly interface for students to submit their loan applications conveniently.
“We encourage all eligible students to take advantage of this opportunity to invest in their future and contribute to the growth and development of our nation,” he said.
Sawyerr urged students to access the portal on www.nelf.gov.ng to begin application.
Students loan application portal opens May 24 – NELFUND
National
NiMet predicts 3-day sunshine, thunderstorms from Sunday
NiMet predicts 3-day sunshine, thunderstorms from Sunday
The Nigerian Meteorological Agency (NiMet) has predicted sunshine and thunderstorms from Sunday to Tuesday across the country.
NiMet`s weather outlook released on Saturday predicted sunny skies on Sunday with patches of cloud over the northern region.
It forecast isolated thunderstorms are expected over parts of Katsina, Borno, Yobe, Adamawa, Kaduna, Kebbi, Jigawa and Taraba States during the morning periods.
According to it, isolated thunderstorms are anticipated over parts of Adamawa, Zamfara, Sokoto, Kebbi, Bauchi, Gombe, Kaduna and Taraba States later in the day.
“Cloudy skies with intervals of sunshine are expected over the North Central region with prospects of thunderstorms over Kwara, Niger, Benue and Kogi States during the morning hours.
“ Widespread thunderstorms are expected over parts of the Federal Capital Territory, Benue, Niger, Nasarawa, Plateau and Kogi States later in the day.
“Cloudy skies with intervals of sunshine are anticipated over the southern states with chances of thunderstorms over parts of Rivers, Akwa Ibom, Bayelsa, Cross River and Delta States during the morning periods, “ it said.
According to him, thunderstorms are anticipated over parts of Ebonyi, Enugu, Imo, Abia, Cross River, Akwa Ibom, Rivers and Delta States later in the day.
NiMet envisages sunny skies on Monday with patches of cloud over the northern region during the morning periods.
“ Later in the day, isolated thunderstorms are anticipated over parts of Kaduna, Adamawa and Taraba States.
“The North Central region should be cloudy with chances of isolated thunderstorms over parts of Kogi, Benue, Niger the Federal Capital Territory and Kwara States during the morning hours.
“In the afternoon/evening hours, isolated thunderstorms are expected over parts of the Federal Capital Territory, Niger, Plateau, Benue and Nasarawa States,“ it said.
According to it, the southern region should be cloudy with thunderstorms over parts of Edo, Ondo, Enugu, Imo, Anambra, Bayelsa, Rivers, Akwa Ibom, Cross River, and Delta States during the morning hours.
It anticipated thunderstorms over parts of Oyo, Ebonyi, Imo, Abia, Ekiti, Edo, Ogun, Ondo, Bayelsa, Rivers, Akwa Ibom, Cross River, and Delta States later in the day.
It predicted sunny atmosphere on Tuesday with patches of cloud over the northern region with prospect of thunderstorms over parts of Taraba during the morning hours.
It predicted isolated thunderstorms over parts of Kano, Katsina, Kaduna, Adamawa and Taraba States as the day progresses.
“ The North Central region should be cloudy with sunshine intervals with prospects of isolated thunderstorm over parts of Niger State during the morning hours.
“Later in the day, isolated thunderstorms are expected over parts of the Federal Capital Territory, Kogi, Kwara and Benue States.
“Cloudy atmosphere with intervals of sunshine is expected over the southern region during the morning hours,“ it said.
The agency predicted thunderstorms over parts of Lagos, Cross River, Akwa Ibom, Rivers, Delta and Bayelsa States later in the day.
NiMet urged the public to take adequate precaution as strong winds might precede the rains in areas where thunderstorms were likely to occur.
The agency also advised Airline operators to get updated weather reports and forecasts from NiMet for effective planning of their operations.
NiMet predicts 3-day sunshine, thunderstorms from Sunday
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