House to Review Extant Laws, Contractual Arrangements Guiding Power Sector Reform - THISDAYLIVE

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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.

 

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