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NERC Transfers Electricity Regulation to Plateau State Commission

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The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of Plateau State’s electricity market to the Plateau State Electricity Regulatory Commission (PSERC).

This development aligns with the amended Electricity Act and the Nigerian Constitution, granting states authority over electricity generation, transmission, and distribution within their territories.

The transfer was confirmed in a statement posted by NERC on its official X (formerly Twitter) page on Friday.

According to the statement, Plateau State met the necessary legal requirements by formally notifying NERC and requesting the transfer of regulatory authority over the state’s electricity operations.

Under the new arrangement, Jos Electricity Distribution Plc (JED) will establish a subsidiary known as JED SubCo. This subsidiary will manage the intrastate supply and distribution of electricity in Plateau State, with the incorporation process set to be completed within 60 days from March 12, 2025. JED SubCo will also apply for a license to operate within the state’s electricity market, as per the directive from NERC.

The transfer of oversight is part of a broader initiative that has seen similar regulatory changes in several other states.

In 2024, NERC transferred the regulatory responsibilities to state-level bodies in Lagos, Ekiti, Ondo, and Ogun States.

Additionally, in March 2025, NERC transferred oversight of the electricity market to the Niger State Electricity Regulatory Commission (NSERC) and Kogi State Electricity Regulatory Commission (KSERC).

This decentralisation of the electricity market allows for more localised regulation, enabling quicker responses to issues affecting electricity generation, distribution, and supply within individual states.

With the amended Constitution and the Electricity Act 2023, states now have the authority to generate, transmit, and distribute electricity within their territories, establishing state regulatory commissions for local oversight.

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Fugitive Drug Lord and Ex-Footballer Sentenced to 24 Years in Prison for Cocaine Trafficking

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A fugitive drug kingpin, Ntoruka Emmanuel Chinedu, and an ex-international football player, Hunkarin Segun George have been convicted and sentenced to a combined total of 24 years imprisonment by Justice Musa Kakaki of the Federal High Court, Lagos, for unlawful importation of 7.050 kilograms of cocaine into Nigeria.

Chinedu was first arraigned in September 2015 on a one-count charge marked FHC/L/227c/2015 for unlawfully importing 6.250 kilograms of cocaine.

He pleaded not guilty and was admitted to bail, but jumped bail midway into trial and remained at large for nearly 10 years.

He was eventually re-arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) on Tuesday 24th June 2025, at the Murtala Muhammed International Airport, Ikeja, Lagos, while attempting to smuggle 800 grams of cocaine on an inbound Ethiopian Airlines flight from Addis Ababa.

He was a frequent flyer known for conveying clothes from Turkey to Nigeria and foodstuffs from Nigeria to Turkey.

Investigation showed that the convict was coming from Turkey on Ethiopian Airlines flight but transited through Addis Ababa, Ethiopia where he collected the luggage from another person before heading to Nigeria. Further checks revealed that an accomplice who turned out to be a former professional footballer, Segun George Hunkarin, was waiting for Chinedu at the airport carpark to collect the consignment from him. Hunkarin who had stayed years in Brazil playing for football clubs was promptly tracked and arrested at the carpark.

In his statement, Hunkarin claimed that while playing professional football in the South American country, he had only trafficked drugs twice from Brazil to Ethiopia.

Both Chinedu and Hunkarin were subsequently arraigned on a three-count charge marked FHC/L/669C/2025 for unlawful importation of 800grams of cocaine. Delivering judgment on Friday 24th July 2026, Justice Kakaki sentenced Chinedu to 20 years imprisonment without an option of fine for the unlawful importation of 6.250 kilograms of cocaine, and a further two years, also without an option of fine, for conspiring with Hunkarin to unlawfully import 800 grams of cocaine, bringing his total sentence to 22 years. Hunkarin was sentenced to two years imprisonment on the conspiracy charge, bringing the combined jail terms to 24 years imprisonment.
Reviewing the facts of the case, prosecuting counsel, Barrister Adekunle Adebajo, reminded the court that Chinedu had earlier been arraigned before Justice Salihu Saudi (now retired) in 2015 on the same importation charge but vanished after being granted bail. Citing a plethora of legal authorities, the NDLEA prosecutor urged the court to sentence the convicts in line with the relevant provisions of the NDLEA Act.
Defence counsel, Chief Benson Ndakara for Chinedu and Chief Emefo Etudo for Hunkarin, had pleaded with the court for leniency and urged that fine options be considered in lieu of custodial sentences. The court, however, after a careful review of the submissions, cited authorities and tendered exhibits, sentenced both convicts to prison terms without any option of fine.
Reacting to the conviction, the Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd), commended the judiciary for the judgment, describing it as a reaffirmation of the courts’ commitment to ridding the country of drug trafficking and those who perpetrate it, no matter how long they evade justice.
Marwa also commended the officers, men and women of the Agency involved in the arrest, investigation and prosecution of the case, noting that the eventual re-arrest of Chinedu after nearly ten years on the run demonstrated the doggedness, patience and thoroughness of NDLEA operatives in tracking down fugitives and ensuring that no drug trafficker escapes the long arm of the law.
He restated the Agency’s resolve to continue working closely with the judiciary and other stakeholders to ensure that persons involved in drug trafficking, regardless of their status or how long they attempt to evade justice, are brought to book.

The post Fugitive Drug Lord and Ex-Footballer Sentenced to 24 Years in Prison for Cocaine Trafficking appeared first on Business Today NG.

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Thea Energy lands $20M federal grant to build its magnets for fusion reactors

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Thea Eos With Plasma.jpg

For hard-tech startups, manufacturing is a pricey endeavor. Now, Thea Energy has a leg up courtesy of a Department of Energy grant.

The fusion power startup told TechCrunch Monday that it has received a $20 million award from ARPA-E to help manufacture its modular high-temperature superconducting (HTS) magnets.

HTS magnets are costly but important components in any magnetic confinement reactor, one of the two main ways startups are attempting to harness fusion power for commercial purposes. In magnetic confinement reactors, powerful magnetic fields contain and compress plasma, helping to heat the particles until the fuel can fuse and release large amounts of energy.

Thea’s reactor is based on a design known as a stellarator. Stellarators look like inner tubes that have been twisted and squeezed in ways that help it confine the plasma more effectively. Most stellarators use magnets that are built to mimic those twists and turns, which makes them expensive to manufacture. 

An animation of plasma flowing through Thea Energy's Helios reactor core.
A cutaway view of plasma flowing through Helios’s reactor core.Image Credits:Thea Energy

To minimize manufacturing costs, Thea uses fewer variants. The 12 large magnets that do the heavy lifting are made from four different templates, and the more than 300 smaller magnets used to fine tune the plasma are all identical. They’re arrayed around the periphery of the reactor, similar to how pixels are distributed across a computer display. 

The small magnets are controlled by software, an arrangement should allow for more forgiving construction tolerances, which could lower costs, Thea says.

Thea is among the top funded fusion power startups, having raised $100 million in May on top of a $20 million Series A it raised in 2024. Like many of its peers, Thea has plans to build a commercial scale fusion power plant in the mid-2040s.

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