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Tinubu's APC Council Reaffirms Commitment to Power Reforms

Politics
Naijanews
Tinubu's APC Council Reaffirms Commitment to Power Reforms

The All Progressives Congress Presidential Campaign Council (APC-PCC) stated on November 1 that President Bola Tinubu remains dedicated to fulfilling his promise to eliminate estimated electricity billing and enhance power supply. Despite challenges in the electricity sector, the administration is implementing reforms to meet its 2023 pledge.

Tinubu assured Nigerians during a speech to the Organised Private Sector in Lagos that they would not face estimated bills, urging voters to reject him in 2027 if he fails to deliver without valid reasons. APC-PCC spokesperson Dele Alake emphasized the importance of assessing Tinubu's performance based on developments in electricity generation, metering, and market stability since May 2023.

The Electricity Act, 2023, signed by Tinubu on June 9, allows state governments to engage in power generation and distribution. The council noted that the Federal Government is addressing over ₦6 trillion in legacy debts and has initiated a ₦4 trillion bond program to settle debts owed to electricity companies.

Additionally, the Presidential Metering Initiative has provided over 1.5 million meters in three years.

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

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