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How LASG plans to drive economic growth through embedded power project

The Speaker, Lagos State House of Assembly, Hon. Mudashiru Obasa, has disclosed that the Lagos State Electric Power Sector Reform Bill, when passed into law, would turn around the state’s economy.

Obasa spoke at the public a Public Hearing on the bill organised by the House Ad hoc Committee on Energy and Mineral Resources, held at Lateef Jakande Hall, Alausa, Ikeja, Lagos Mainland.

The Speaker, who was represented by his deputy, Hon. Wasiu Eshinokun-Sanni, said the bill would lead to strengthening of electricity generation in the state and provision of uninterrupted power supply. “This project will have a multiplier effect on the economy of the state,” the speaker said.

According to him, when passed into law, it will facilitate the development and management of sustainable power supply in the state.

The Chairman of the Adhoc Committee, Hon. Folajimi Mohammed, said the state had obtained a no-objection from the Federal Government to generate, distribute and transmit electricity through embedded power supply.

According to him, the power project would bring a new lease of life to the people of the state by providing uninterrupted power supply.

In his remarks, Mr Wale Oluwo, the state Commissioner for Energy and Natural Resources, said the bill was put together to provide a legal framework for the project in the state.

Oluwo said the state government planned to provide power for the state on a sustainable basis. He added that the embedded power was fairly strange to the state, but would achieve its aim on the long run.

“We used to provide electricity to power government agencies. Now, we want to power private homes and offices. We are planning to generate electricity and pass to EKO Distribution Company and Ikeja DISCO.

“The Bill has 45 parts; we will ensure that power gets to the people. We have not had good electricity in Nigeria for 50 years. We will help the DISCOs to meter everybody and stop estimation.

“Electricity would be on pre- paid basis and people would either pay through recharge card or online. There would be power rangers and mobile courts to deal with offenders with the approval of the state assembly,’’ he said.

The proposed reform provides support to the Nigerian Electricity Regulatory Commission in the area of enforcement.

The state Ministry of Energy is expected to perform oversight functions for IBILE Oil and Gas Corporation, Lagos State Electricity Board and Lagos State Embedded Power Commission, according to the Bill.

The bill also gives the ministry the power to be responsible for the initiation, formulation and co-ordination of power sector policies and programmes of the state.

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Idris Aina
Idris is a media and communications professional with keen attention to details. An entertainment enthusiast, he is an ardent fan of the team from the Red Side of Manchester with love for football banters. He tweets with the handle @arlomah.
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