House to Review Extant Laws, Contractual Arrangements Guiding Power Sector Reform via thisdaylive
The House of Representatives has directed its Committee on Power and Privatisation to review extant laws, regulations, policies, and contractual arrangements guiding the Power Sector Reform.
The resolution of the House was sequel to the adoption of a motion on the need to review and investigate the power sector, moved by Hon. Ifeanyi Momah at plenary on Tuesday presided over by the Speaker, Hon. Femi Gbajabiamila. The lawmaker stressed that it was based on this that the federal government birthed the Electricity Decree 1998 and the National Electric Power Authority Amendment Act 1998 which subsequently terminated the monopoly status of NEPA and invited private sector participation in the electricity sector.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Power Sector Loses N57bn to Gas, Grid Constraints in 30 Days - THISDAYLIVEBy Emmanuel Addeh Nigeria’s power sector further suffered a major setback in the last one month with the loss of about N57 billion due to problems associated with gas supply and grid infrastructure challenges, THISDAY checks revealed at the weekend. The 30-day trend analysis in the industry, which ran from between April 10- May 9, …
Read more »
’There will be power shift in Edo’ - The Nation NigeriaAs a fading politician that he has become with neither skill nor connection to survive in other legitimate economic enterprises, I will reserve....
Read more »
Power without self discipline creates monsters – Ezekwesili attacks Wike over hotel demolitionNigeria\u2019s former Minister of Education, Oby Ezekwesili has reacted to the demolition of two hotels for flouting government lockdown order in Rivers State. Recall that Wike, on Sunday, demolished Prodest Hotel in Alode and Etemeteh Hotel in Onne, in Eleme Local Government Area of the State. The hotels were demolished after it violated an Executive
Read more »
Egbin, 10 other power plants suffer gas shortage
Read more »
\u2019You are a house rat\u2019- Reno Omokri slams Oby Ezekwesili over WikeReno Omokri, former aide to ex-president Goodluck Jonathan has attacked Nigeria\u2019s former Minister of Education, Oby Ezekwesili over the comments she made about the demolition of two hotels for flouting government lockdown order in Rivers State. DAILY POST had reported that Ezekwesili while condemning the action, said power in the hands of people without self
Read more »
Nigerian House of Reps approves Buhari’s request to source N850bn from domestic capital marketThe House of Representatives on Tuesday approved the request by President Muhammadu Buhari to source for N850 billion from domestic capital market. The President in a letter to the House on Tuesday, 5th May, requested the loan which had already been approved in the 2020 appropriation act to be converted from external borrowing to local
Read more »