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Tinubu's APC-PCC Affirms Commitment to Electricity Reform

Politics
Blueprint
Tinubu's APC-PCC Affirms Commitment to Electricity Reform

The APC-PCC, through spokesperson Dele Alake, affirmed President Bola Tinubu's dedication to enhancing Nigeria's electricity sector, emphasizing his promise made during a meeting with the Organised Private Sector in Lagos. Tinubu pledged to eliminate estimated billing and ensure reliable electricity supply, stating that if he fails to deliver, he would provide adequate reasons before seeking a second term.

The council highlighted Tinubu's signing of the Electricity Act, 2023, on June 9, which facilitates state involvement in power generation, distribution, and transmission. Several states, including Lagos, Enugu, and Oyo, are reportedly establishing regulatory agencies to attract private investment.

The administration is addressing over N6 trillion in legacy debts and has launched the Presidential Metering Initiative, which has metered over 1.5 million customers. Additionally, the government is modernizing infrastructure and connecting rural areas to solar power, while also protecting low-income households.

Plus234Feed summary based on reporting from Blueprint. Read the original report below.

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