TrendingLagos: GAC Meets LAHA On Proposed Lagos Electricity Law

Lagos: GAC Meets LAHA On Proposed Lagos Electricity Law

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By Akinwale Kasali

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Rt. Hon. Mudashiru Obasa, Speaker of the Lagos State House of Assembly has met a delegation of the Governance Advisory Council, GAC, in a closed door meeting, which afforded both parties a fruitful discussion concerning the proposed Lagos Electrification Agency Law which recently scaled its second reading during plenary.

The GAC delegation at the meeting included Cardinal James Odumbaku, Senator Anthony Adefuye, Otunba Henry Ajomale, Dr. Yomi Finnih, and Otunba Femi Pedro.

UBA

On Tuesday, June 25, Obasa committed the bill to the Committee on Energy and Mineral Resources with a two-week mandate for the latter to report back to the House.

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This was after Lawmakers at the day’s sitting debated the pros and cons of the bill which targets to repeal the Lagos Electric Power Reform Law, 2018, to provide for the creation and administration of the Lagos Electricity Market.

The bill further seeks to establish a commercial and technical regulatory framework for the electricity market with the purpose of ensuring reliable and universal access to electricity for all residents of the State.

Also, the bill seeks to establish the Lagos State Electrification Fund for the delivery of reliable electricity supply to the underserved areas of the State.

Speaking about the bill, the chairman of the Committee on Energy and Mineral Resources, Hon. Sobur Oluwa, had said it was “very essential as it gives room for Lagos State to regulate its power supply and transmit electricity at its own pace.”

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