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

​

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

LaRoyal CommunityNews🌐

Copywrite © 2023



Comments

Post a Comment

Popular posts from this blog

Flash🛎: PRESIDENT TINUBU APPROVES TAKEOFF OF CONSUMER CREDIT SCHEME

Image
​ President Bola Tinubu has approved the takeoff of the first phase of the Consumer Credit Scheme. Consumer credit serves as the lifeblood of modern economies, enabling citizens to enhance their quality of life by accessing goods and services upfront, paying responsibly over time. It facilitates crucial purchases, such as homes, vehicles, education, and healthcare, essential for ongoing stability to pursue their aspirations.  Through responsible repayment, individuals build credit histories, unlocking more opportunities for a better life. Additionally, the increased demand for goods and services stimulates local industry and job creation.  The President believes every hardworking Nigerian should have access to social mobility, with consumer credit playing a pivotal role in achieving this vision. The Nigerian Consumer Credit Corporation (CREDICORP) achieves its mandate through the following: (1) Strengthening Nigeria's credit reporting systems, ensuring every economically activ...
Read more

Grow Ikorodu Movement — Aarebirin Hon Princess Dr. Folashade Olabanji-Oba (PFO) Projects

Image
​ By Araba, Olawale Enifenilanfe   “Grow Ikorodu Movement" Project now and beyond revealed positive alternative strategies for nation building, capacity building, and capability seal of changing narrative to revoke low self-esteemed mentality to global recognition of Ikorodu city.  In an interview Segment with ÀHon. (Dr) Folashade Olabunji Oba, Vice-Chairman of Ikorodu Local Government on Wednesday, January 31st, 2024  Aarebirin Hon.Princess (Dr) Folashade Olabanji-Oba expressed how passionate she is towards building Ikorodu for a global tourist attractions.  Says, for her, it's about love, endless love of the people, It's about total commitment to the people, It's about empathy of the people; “it is me defining my stand about the primary purpose through thick and thin”.   “I took a stand to say YES!    to Progress. Being here for us all is also standing tall and defending it”. No matter where I am in the world, Ikorodu is primarily in my heart, she sa...
Read more

Hon. Adesina Constitutionally Contradict Traditional Paramount Ruler’s Decision

Image
By Araba, Olawale Enifenilanfe: The Executive Chairman of Ikorodu Local Government, Hon. Wasiu Ayodeji Adesina has constitutionally Pronounced Iya’Oloja General of Ikorodu Central, Mrs. Bukola Osho In Contradiction with Iya’Oloja General-elect of Ikorodu Division, nominated by the divisional marketers across Ikorodu, and officially presented By His Royal Majesty, Oba Kabiru Adewale Shotobi, The Ayangbure of Ikorodu Kingdom on December 7th, 2023 at the Oba’s Palace, Ikorodu, Lagos State, Nigeria by the willing of the Divisional Marketers. In the process of having two Iya Oloja Generals in the Ikorodu Central Local Government, despite Iya Oloja General elect, Deaconess Busola Isikalu has been officially elected by His Royal Majesty, Oba Kabiru Adewale Shotobi, the Ayangbure of Ikorodu Kingdom through    nomination by the Ikorodu Divisional marketers.  The Executive Chairman of Ikorodu Local Government, Hon. Wasiu Ayodeji Adesina has constitutionally ignited another Iya Oloj...
Read more