LunagisthubSenate Approves Electricity Act Amendment Bill to Rescue Ailing Power Sector
The Nigerian Senate has taken a significant step towards addressing the country’s struggling power sector by passing the Electricity Act (Amendment) Bill, 2025 through second reading. This move aims to rescue the sector from imminent collapse, with Senator Enyinnaya Abaribe, Chairman of the Senate Committee on Power, warning that the industry is buckling under inefficiencies and financial
The proposed amendment seeks to
Criminalize electricity infrastructure vandalism: With some lawmakers proposing capital punishment for offenders
From NERC to state governments, ensuring a smoother transition
Enhance Electricity Consumer Assistance Fund: To support consumers and promote sector stability
Strengthen penalties and institutional oversight:To deter offenders and ensure compliance
The power sector is currently plagued by : Over ₦4 trillion in debt owed by the Federal Government
Inefficiencies and mismanagement:Leading to instability and underperformance
Lack of clarity on regulatory provisions: Particularly regarding funding, labor rights, and state government roles.The bill has been referred to the Senate Committee on Power, which is expected to report back within six weeks. If passed, this amendment could be a game-changer for Nigeria’s power sector, promoting stability, efficiency, and accountability.
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