Close Menu
  • HOME
  • News
  • Politics
  • Sport
  • Features
  • Security
  • Foreign News
Facebook X (Twitter) Instagram
Trending
  • Boko Haram kills 61 in Borno village, seven soldiers among victims
  • Valedictory: Oyo INEC REC Commends Management Team, Staff For Support
  • Ogun Government Denounces Fake Information On OGUNTEACH 2025 Exercise
  • Former Minister Of Justice Abubakar Malami Narrowly Escapes Death
  • Tinubu Has Been Fair To All Sections Of Nigeria – FG
  • Former Inspector-General of Police (IGP) Solomon Arase Dies At 69
  • “APC Blasts Kayode Ojo, Says ‘You Can’t Hijack the Ticket of a Party You Don’t Respect’
  • Baltasar Engonga, Sentenced To 8 Years Imprisonment For Embezzlement
Facebook X (Twitter) Instagram
Nigerian Alert
  • HOME
  • News
  • Politics
  • Sport
  • Features
  • Security
  • Foreign News
Nigerian Alert
Home » President Tinubu Assents To Electricity Act (Amendment) Bill

President Tinubu Assents To Electricity Act (Amendment) Bill

Lekan Shobo ShobowaleBy Lekan Shobo ShobowaleFebruary 9, 20241 Min Read
WhatsApp Facebook Twitter Email Telegram LinkedIn
Share
WhatsApp Facebook Twitter Email LinkedIn Telegram
Top Ads ..

President Tinubu Assents To Electricity Act (Amendment) Bill

President Bola Tinubu has signed the Electricity Act (Amendment) Bill, 2024, into law.

The bill, which was passed by the House of Representatives on July 27, 2023, and the Senate on November 14, 2023, was sponsored by Honourable Babajimi Benson, who represents Ikorodu Federal Constituency of Lagos State.

The Electricity Act (Amendment) Bill, 2024, seeks to address the development and environmental concerns of host communities, and sets aside five percent of the actual annual operating expenditures of power generating companies (GENCOs) from the preceding year for the development of their respective host communities.

The Bill further provides that the funds set aside for the development of host communities will be received, managed, and administered for infrastructure development in the host communities by a reputable Trustee/Manager to be jointly appointed by the respective GENCO and their host community.

Share. WhatsApp Facebook Twitter Telegram Email LinkedIn
Previous ArticleFG To Collaborate With States On Food Security
Next Article AFCON Final: Tinubu Rescinds Decision, As Shettima Leads FG’S Delegation To Super Eagle’ AFCON Finals

Related Posts

Valedictory: Oyo INEC REC Commends Management Team, Staff For Support

September 4, 2025

Ogun Government Denounces Fake Information On OGUNTEACH 2025 Exercise

September 2, 2025

Former Minister Of Justice Abubakar Malami Narrowly Escapes Death

September 2, 2025
Leave A Reply Cancel Reply

Ads
Ads
Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
© 2025 Nigerian Alert. Designed by Samtech Media.

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