GAC Members Meet Lagos Speaker, Obasa, Over Proposed Electricity Law

A delegation of the Governance Advisory Council (GAC) has visited the Lagos State House of Assembly and held a meeting with the Speaker, Rt. Hon. Mudashiru Obasa.

The meeting which held behind closed doors on Thursday afforded a fruitful discussion concerning the proposed Lagos Electrification Agency Law which recently scaled 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 25 June, 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.”