Abbas: Poor power supply hurting small firms, Nigerians
Speaker of the House of Representatives, Abbas Tajudeen, has warned that poor and costly energy supply is crippling small businesses and worsening the living conditions of Nigerians. He spoke at an investigative hearing organised by the House Committee on Renewable Energy in Abuja. Abbas said years of persistent electricity problems have created serious economic challenges and made legislative action necessary. He explained that the National Assembly amended the Electricity Act to firmly include renewable energy as part of Nigeria’s power solutions. He noted that diversifying the country’s energy mix with renewable sources would ease pressure on households and businesses while supporting sustainable growth. One key objective of the Electricity Act 2023, he said, is to provide an integrated policy that recognises all sources of power generation, transmission and distribution, including renewables. The Speaker highlighted the high cost of running generators […]