Reps. Jimi Benson sponsored an act to amend the Electric Power Sector Reform Act.

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The Senate of the National Assembly concurred to the bill Reps. Babajimi Adegoke Benson sponsored for an act to amend the Electric Power Sector Reform Act, and to address the concerns of host communities and for related matters. 


When assented to by the President, host communities, particularly the communities around the Egbin Thermal Power Station in Ikorodu Federal Constituency, will get 5% of the actual annual operating expenditure for the preceding financial year from the various Power Generating Companies in Nigeria (GENCOs) operating within their community.

 

These funds will be channelled to the development of those communities and ameliorating impact of the activities of these GENCOs. 


This is a milestone for the communities to be able to glean the full benefits of hosting the GENCOs. It will also guide GENCOs in providing targeted developmental projects that will impact on the lives of the people in Ikorodu division, their host communities.


Hon. Jimi Benson thereby thanking his fellow legislators in the Senate and House of Representatives for their commitment to the passage of this bill and urge the listening President to kindly assent to this bill promptly.


Source: Rep. Babajimi Benson, MHR

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