Some members of the apex advisory organ in Lagos State, the Governance Advisory Council (GAC) held a closed door meeting with the Speaker of the State House of Assembly, Rt. Hon. Mudashiru Obasa over the proposed Electricity Agency Law in the state.
The meeting was held sequel to the proposed Law which has scaled through the second reading during plenary.
The GAC delegation at the meeting included Cardinal James Odumbaku, Sen. Anthony Adefuye, Otunba Henry Ajomale, Dr. Yomi Finnih, and Otunba Femi Pedro.
On Tuesday June 25, Dr. Obasa committed the bill to the Committee on Energy and Mineral Resources with a two-week mandate for the latter to report back to the House.
This was after lawmakers at the day’s sitting debated the pros and cons of the bill which targets to repeal the Lagos Electric Power Reform Law, 2018 to provide for the creation and administration of the Lagos Electricity Market.
The bill further seeks to establish a commercial and technical regulatory framework for the electricity market with the purpose of ensuring reliable and universal access to electricity for all residents of the State.
Also, the bill seeks to establish the Lagos State Electrification Fund for the delivery of reliable electricity supply to the underserved areas of the State.
Speaking about the bill, the chairman of the Committee on Energy and Mineral Resources, Hon. Sobur Oluwa, had said it was “very essential as it gives room for Lagos State to regulate its power supply and transmit electricity at its own pace.”
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