Ambode signs Lagos Electricity Reform Bill into law
Lagos State Governor, Mr Akinwunmi Ambode on Thursday, signed an important bill into law which will serve to guarantee 24-hour power supply in line with the vision to attain a 24-hour economy and make the state globally competitive.
The Law is called the Lagos State Electric Power Reform Law.
Giving details on the benefits of the Power Sector Reform Law, the state’s Commissioner for Energy and Mineral Resources, Mr Olawale Oluwo said the law would allow the state government to intervene in major areas of the power value chain to the overall benefit of the people.
He said the law puts the government in a position to be able to extend a guarantee to private sector participants who want to come and generate power and would also help the distribution companies to upgrade their infrastructure.
Finally, he said it would also serve to empower the government to be able to open up the gas market in Lagos.
Speaking further, Oluwo said the law would also enable the state to collaborate with the distribution companies to collect tariff from customers efficiently in a way that the said guarantee would not crystallize, while in the area of enforcement, the law will prevent power theft
In a related development, the N’Delta Power Holding Company (NDPHC) begins construction of power transformer projects in Nassarawa
The Managing Director at NDPHC, Joseph Chiedu Ugbo, stated that the source of power currently in use at the Lafia environs is 33KV, obtained from Akwanga which is 93km away from the state capital.
Ugbo said this is however, unable to meet with the increasing demand of the Lafia population.
This project is estimated to cost $18 million, funded by both the Federal, State and Local government and would serve to supply both Lafia and its envisions.
The substation is a 330KV power station and would serve to add up as a back-feed supply of power in the FCT in addition to the power sources from Gerogu and Shiroro plants.
The two 7.5 MVA (330/132) power transformers at the station would inject 13MW of electricity to the existing supply to Lafia and surroundings, it will supply 15 units of 50KV distribution transformers.
Ugbo the project is being handled by a German company AK – AY Elektrik and gave assurance that the project will be completed before 31 December, 2018.
