Energy

Lagos signs power reform law to guarantee 24-hour power supply … sets to prosecute importers of fake electrical materials

Lagos signs power reform law to guarantee 24-hour power supply
… sets to prosecute importers of fake electrical materials

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Via Oredola Adeola, Lagos

The Lagos State Governor, Mr Akinwunmi Ambode, has signed into law the state Electric Power Reform Law, which guarantees 24-hour power supply in line with the vision to attain a 24-hour economy and make the State globally competitive.

The law was signed by the Governor on Thursday along side six(6) other important bills which include Amended Land Use Charge Law, School of Nursing Law, Cooperative College Law, Cancer Research Institute Law, Amended Customary Court Law and the Yoruba Language Preservation and Promotion Law.

Mr Olawale Oluwo, the State’s Commissioner for Energy and Mineral Resources, while highlighting the benefits of the Power Sector Reform Law, 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: “One, the law puts the government in a position to be able to extend our guarantee to private sector participants who will come and generate power for us and by this guarantee, we are putting the balance sheet of our State on the table and assuring investors that as they generate power, they will get paid.

“Second, is to help the distribution companies to upgrade their infrastructure because if they generate the power and their infrastructure is still where it is today, clearly they will not have the capacity to carry the incremental power.

The third area of intervention is that it empowers us to be able to open up the gas market in Lagos so that we can have gas on a consistent basis and that is how we can attain the 24-hour power supply.”

Oluwo disclosed that the law would also enable the State Government 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.

According to him,
what has happened today is that the first power theft law in Nigeria has been signed today by Governor Ambode and this is the first time any government in Nigeria will institutionalise the power theft law.
“It criminalizes power infraction. What we have seen before is that people tamper with and bypass meters and at the end of the day they are arrested and nothing happens but the new law provides for jail terms as well as fines and all sorts of forbearance such that if you tamper with electrical installations,” the Commissioner said.
Oluwo however warned that the state has been empowered by the law, to jail and prosecute importers of fake electrical materials into this State.
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