• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Sunday, May 18
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Energy»Power»Stakeholders Makes Case For Adequate Funding For Power Sector
Power

Stakeholders Makes Case For Adequate Funding For Power Sector

By orientalnewsngMarch 20, 2017No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Image result for nigeria power sector

Yemisi Izuora

Experts in the power sector have observed that synergy between the executive and legislature will help address the challenges facing the industry.

The Director General of the National Institute for Legislative Studies (NILS), Dr. Ladi Hamalai and other key players made the call at a special session for the review of the extant laws governing electricity and the entire sector.

Hamalai advocated adequate funding and restructuring of the sector to achieve relative stability in electricity generation and distribution.

The DG charged participants drawn from the Nigerian Electricity Regulatory Commission (NERC), Consumer Protection Council, Federal Ministry of Justice, the academia, private sector and the Nigeria Bar Association (NBA) to come up with fact-based contributions on the way forward.

She said such reliable data would assist the National Assembly to carry out the needed amendments or repeal of the existing laws, where necessary.

“The de-industrialisation process in the country is due to the state of power supply. The sector is so important that once it is fixed, the country would experience accelerated and sustainable development,” she noted.

Presenting a paper on “Legislating Mechanisms for Protecting the Consumer Against Arbitrary Tariff Increment and other Abuses in the Power Sector,” the presiding judge of the National Industrial Court, Lagos Division, Justice Ben. Kanyip, called for the political will to address the sector’s challenges.

Kanyib stressed that the Electric Power Sector Reform Act, 2005 was an all-encompassing tool that was promulgated to
“provide for the development of competitive electricity market, establishment of the Nigerian Electricity Regulatory Commission (NERC), the licensing and regulation of the generation, transmission, distribution and supply of electricity.

Others are the enforcement of such matters as performance standards, consumer rights and obligations and the determination of tariffs among other matters.”

The Director General, Consumer Protection Council (CPC) Dupe Atoki, who also called for a review spoke on “Improving the Electricity Consumers’ Access to Administrative and Judicial Remedies.”

She solicited an immediate abolition of estimated billing and the passage of Competition Law.
Atoki urged the distribution companies to scale up public education and enlightenment and enlarge the bar of enforcement of laws, arguing that the existing penalties were unrealistic.

Share this:

  • Share
  • Email
  • Tweet
  • Reddit
featured slider
orientalnewsng

Related Posts

Mantrac Nigeria Showcases New Technology In Power Generation 

May 17, 2025

Manufacturing Sector In Kano Enjoying Low Electricity Tariff- KEDCO

May 16, 2025

Nigerians Can’t Afford Another Electricity Tariff Hike

May 13, 2025

Leave A Reply Cancel Reply

The latest
  • Nigeria’s Oil Sector Presents Opportunities For Growth In The Face Of Economic Headwinds- Oyebanji
  • Mantrac Nigeria Showcases New Technology In Power Generation 
  • Nigeria Boosts Air Defense System With New Helicopters 
  • Only Registered Architects To Provide Services For Government- NASS 
  • Witnesses Appear Against Former Deputy Director FMWH In Alleged N1.9bn Fraud
  • House Of Reps Seeks Maritime Sector Reforms To Reverse Revenue Loss 
  • Nigeria Tightens Partnership To Mitigate Immigration Fraud 
  • Sahara Group Foundation Scales Up Go-Recycling Hubs To Tackle Waste 
  • emPLE Supports Lagos State Tree Planting Initiative 
  • Institute Of Directors Applauds NDIC For Promoting Corporate Governance 
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2025 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.