Senate Committee on Power
House of Reps uncovers abandoned power projects worth over N156 billion
The Federal House of Representatives, in it’s oversight function, has uncovered many power projects, put together at the cost of N156 billion, that are being abandoned or are yet to be completed by the Transmission Company of Nigeria (TCN). The post House of Reps uncovers abandoned power projects worth over N156 billion appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Senate demands review of Power Sector Reform Act
The Senate on Wednesday called for the review of the Power Sector Reform Act 2005. According to the upper chamber, a new and more dynamic Electricity Act would among others, “consolidate the roles of regulators and policy makers; bridge existing gaps in the legal and regulatory framework; and cater to post-privatization operational issues in Nigeria’s power sector. The position of the Senate was contained in resolutions reached following consideration of the report of the Senate Committee on Power on “Addressing Nigeria’s Power Problems.” Chairman of the Committee, Gabriel Suswam (PDP – Benue North East), in his presentation stressed the need for more consumers to be metered to avoid estimated billing. He added that the Federal Government’s intervention since the privatization of the power...
Senator Lawan: Why privatisation of power sector must be reviewed now
President of the Senate, Ahmad Lawan, has called for the immediate review of the privatization exercise of the power sector by previous administrations. Lawan gave the charge in his concluding remarks on a motion considered on the floor during plenary on Tuesday. The motion titled: “Power Sector Recovery Plan and the Impact of COVID-19 Pandemic” was sponsored by Senator Gabriel Suswam (PDP – Benue North East). The Senate President, who bemoaned what he described as the “inefficiency of Power Generating and Distribution companies” in the country, called for a review or eventual reversal of the terms of privatization. According to Lawan, parties involved in the shared purchase agreement with the federal government can only seek the intervention of the latter when sufficiently justified. “The...
