HeadlineAmbode Signs 24-Hour Power Supply Bill Into Law

Ambode Signs 24-Hour Power Supply Bill Into Law

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SAN FRANCISCO, February 09, (THEWILL) – Lagos state Governor, Akinwunmi Ambode, has signed the Lagos State Electric Power Reform Law to guarantee 24-hour power supply in the state in line with the vision to attain a non-stop economy and make Lagos globally competitive.

The bill was one of the seven bills signed into Law by Ambode on Thursday as he also signed the Amended Land Use Charge Law, School of Nursing Law, Cooperative College Law, Cancer Research Institute Law, Amended Customary Court Law and the Yoruba Language Preservation and Promotion Law.

Speaking on the new laws, the state Attorney-General and Commissioner for Justice, Adeniji Kazeem, said the laws would further take the dividends of democracy to the people.

“This is a great day; the governor has just signed these bills into law and this shows that the House of Assembly is working in tandem with the executive,” he said.

“It also shows that Lagos is working. These laws are going to benefit the people of Lagos State and this is what the people are looking for in terms of the dividends of democracy.”

On his part, the Commissioner for Energy and Mineral Resources, Olawale Oluwo, said the Power Sector Law would allow the government to intervene in major areas of the power value chain to the overall benefit of Lagosians.

“What has happened today is that the first power theft law in Nigeria has been signed today by Governor Ambode and this is the first time any government in Nigeria will institutionalise the power theft law,” he said.

“It criminalises power infraction. What we have seen before is that people tamper with and bypass meters and at the end of the day they are arrested and nothing happens but the new law provides for jail terms as well as fines and all sorts of forbearance such that if you tamper with electrical installations, if you import fake electrical materials into this State, you are liable to be prosecuted.

“The law puts the government in a position to be able to extend our guarantee to private sector participants who will come and generate power for us and by this guarantee, we are putting the balance sheet of our State on the table and assuring investors that as they generate power, they will get paid.

“It is to help the distribution companies to upgrade their infrastructure because if they generate the power and their infrastructure is still where it is today, clearly, they will not have the capacity to carry the incremental power.

“It empowers us to be able to open up the gas market in Lagos so that we can have gas on a consistent basis and that is how we can attain the 24-hour power supply.”

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