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From Ndubuisi Orji, Abuja
Deputy Chairman, House of Representatives Committee on Power, Joshua Gana, has said the House would review the Power Reform Act to bridge existing gaps.
Gana, who spoke in an interview with journalists, in Abuja, said the House Committee on Power is committed to effective oversight of the power sector, so as to ensure quality service delivery.
The lawmaker said there was need to segment power supply in the country so that residents and industrial uses could pay cost reflective prices for power, while those in rural areas could be provided with solar powered electricity.
He said: “We will wait to see the plan of the president and whoever he appoints as minister and deputy minister of power and all the agencies under the Federal Ministry of Power. They are to bring before us all their programme and to stop all the epileptic problem in the power sector.
“We as the representatives of the people will be there to look through their budget, through their programmes and to see if from what has been happening in the past, something new, something different is being done to bring about total solution to the power sector.
“We are here to create laws that will help them in the executive arm fulfill their assignment. We are also to represent the people interest. There has been the Power Sector amendment Act, that is operational now. We will look at it viz-a-viz what has been there since the power sector reform Act was passed in 2005.
“We need to segment Nigeria power usage. For the industrial area, people that want to go into production, base load power at whatever amount. It will always be cheaper than you buying generators, using diesel or any other form of fuel. Gas fired hydro electric or any other form or power solution will give power at a regulated price that is cost reflective for a long time. And with that stability in the market every investor will know that in X amount of years, I will get the money I invested.”
