Senate Okays Electricity Bill to Boost Power Distribution

Senate has passed a bill that would allow states to generate and distribute electricity.
The bill’s passage was sequel to the consideration of a report by the Committee on Power.
Chairman of the Committee, Senator Gabriel Suswam (PDP, Benue North East), in his presentation, said the bill seeks to, amongst others, provide an Ideal legal and institutional framework to leverage on the modest gains of the privatization phase of the electricity power sector in Nigeria.
He also said anyone or firm generating electricity below one megawatts do not need license to do so.
Senator Suswam added that when signed into law, the bill would improve utilization of generated power through increased investments in new technologies to enhance transmission and distribution of generated power to minimize aggregate value chain loses.