President Bola Tinubu has assented to the electricity bill, which empowers states, companies and individuals to generate, transmit, and distribute electricity.
which empowers states, companies and individuals to generate, transmit, and distribute electricity.
16 constitutional amendments in 2022, one of which pertains to the devolution of powers – clarifying the powers of the federal government and states to generate, transmit, and distribute electricity.Consequently, states have been granted constitutional authority to enact laws that allow them to generate, distribute, and transport electricity within its boundaries, including territories formerly covered only by the national grid.
‘‘That’s devolution of power and that should be our contribution to the developmental projects you are looking for and we will continue in ways that will help our people,’’ he said.Meanwhile, the newly-signed act provides an omnibus and ideal institutional framework for the post-privatisation phase of Nigeria’s power sector in the areas of generation, transmission, distribution, supply, trading, and general use of electricity.
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