Fix your power supply problems, Shettima tells state
Vice President Kashim Shettima has urged state governments to stop depending on the FG and use the Electricity Act 2023 to create their own power markets. Read More: https://punchng.com/fix-your-power-supply-problems-shettima-tells-state/
Vice President Kashim Shettima has called on state governments to take responsibility for addressing local power problems instead of relying solely on the Federal Government. Speaking at the opening of a National Stakeholders’ Workshop on the Electricity Act 2023, Shettima emphasized the importance of setting up functional electricity markets under the Act, which he believes can help Nigeria achieve its goal of building a competitive industrial economy.
The Vice President urged states to leverage their unique resources, such as solar potential, gas resources, and hydroelectric opportunities, to create investments that can power various sectors like agriculture, manufacturing, healthcare, and education. He also proposed a voluntary National Electricity Reform Peer Review and Implementation Framework to help states share experiences, strengthen their regulators, and assess progress on market development, investment readiness, consumer protection, and electricity access.
Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.