Published On: Tue, Jul 18th, 2017

Dogara Says $5Billion Annual Spending On Generators Unacceptable

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By Nuel Suji – The Speaker of the House of Representatives, Yakubu Dogara, has declared as unacceptable a situation in which Nigerians spend $5 billion annually on power generators set, saying the House would support the Executive arm to find a permanent solution to the problem of power in Nigeria.

Mr. Dogara also explained that the House of Representatives is reviewing some of Nigeria’s energy laws in order to provide an appropriate legal framework that will facilitate the exploitation of renewable energy to the benefit the Nigerian economy.

The Speaker gave the hint on Tuesday in Abuja at the public hearing organised by the House of Representatives Committee on Power.

According to him,  “Power is arguably the single most important driver of the national economy. Indeed, it is difficult if not impossible to imagine modern life without power. Our industries and factories need electricity to run; and so do our offices, homes and businesses.

“It is estimated that Nigerians spend about $5 billion US Dollars yearly to fuel their generators. This is an unacceptable situation and the House of Representatives stands ready to support the Executive arm of government to put a stop to this state of affairs.

“Renewable energy is a source of clean energy which is environmentally friendly and is crucial to the economy of the future. We can only be self-sufficient in the energy field when we combine all our energy resources such as wind, solar, hydro, biomass, bio-fuel, landfill, sewage gas, solid waste, geothermal energy, ocean energy etc. Renewable energy sources are natural and often replenishes itself. Nigeria needs to invest more in renewable energy as fossil fuel is a diminishing asset.

“An appropriate legal framework to exploit renewable energy which is nature’s gift to mankind is not adequate in Nigeria. This makes it difficult to organise the sector in a commercially viable matter. Herein lies the merit and strength of this Bill under consideration,” the Speaker said.

The public hearing is meant to elicit public input into the three bills that are pending before the Committee.

The bills include: (i.) A Bill for an Act to provide for the utilisation, sustainability and adequate supply of renewable energy for electricity and heat generation and for other related matters.

A Bill for an act to amend the National Electricity Regulatory Commission metre reading, billing and cash collection and credit management for electricity supplies and regulations to address matters relating to outstanding liability of electric bills in rented apartments.

iii. A Bill for an Act to amend the Electric Power Sector Reform Act to reposition the Nigerian Electricity Regulatory Commission for effective service delivery and for related matters.

 

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