FG under criticism over 3 trillion naira grant to Electricity companies.
6/1/2023 Federal Government has come under criticism over the 3 trillion naira bailout to power generating and distribution companies after they were privatised. The Organized Labour in the Electricity Sector made the criticism in Abuja, during a public hearing to amend the Power Sector Reform Act,2005. Leader of the National Union of Electricity Employees,Mr Joe Ajaero during his presentation observed that there has not been meaningful improvement by the current investors 10 years after privatization and 17 years after the Act giving legal backing to the Electricity Power Reform,2005 was signed into law. =====Track Up===== Mr Joe Ajaero, Leader of the National Union of Electricity Employees. Earlier,in his opening address,chairman of the House Committee on Power,Hon Aliyu Magaji,notes that the public hearing was to address some concerns expressed by the Nigeria Governor's Forum. =====Track Up==== Hon Aliyu Magaji, Chairman House Committee on Power. Fielding question from journalists at the end of the hearing,the Minister of State for Power, Goddy Jedy-Agba decline comment on recent increment of Electricity tarrif,saying that only the Nigeria Electricity Regulatory Commission,NERC can explain the hike. ====Track Up==== Goddy Jedy-Agba, Minister of State for Power. The Bill is to provide legal and institutional framework for the implementation and coordination of rural electrification projects,establishment of rural electrification national power training institute and regulatory provision to strengthen the sector for efficient service delivery and related matters.

6/1/2023



Federal Government has come under criticism over the 3 trillion naira bailout to power generating and distribution companies after they were privatised.

The Organized Labour in the Electricity Sector made the criticism in Abuja, during a public hearing to amend the Power Sector Reform Act,2005.

Leader of the National Union of Electricity Employees,Mr Joe Ajaero  during his presentation observed that there has not been meaningful improvement by the current investors 10 years after privatization and 17 years after the Act giving legal backing to the Electricity Power Reform,2005 was signed into law.

Chairman of the House Committee on Power,Hon Aliyu Magaji,in his opening address earlier , had noted that the public hearing was to address some concerns expressed by the Nigeria Governor's Forum.

Fielding question from journalists at the end of the hearing,the Minister of State for Power, Goddy Jedy-Agba decline comment on recent increment  of Electricity tarrif,saying that only the Nigeria Electricity Regulatory Commission,NERC can explain the hike.

The Bill is to provide legal and institutional framework for the implementation and coordination of rural electrification projects,establishment of rural electrification national power training institute and regulatory  provision to strengthen the sector for efficient service delivery and related matters.

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