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The News Agency of Nigeria (NAN) reports that the bill also seeks to establish an electricity market and key power sector bodies, as well as enforce consumer rights and obligations.
Mrs. Bolanle Ajayi (APC-Yewa South), the Deputy Speaker, presented the report of the Committee of the Whole during plenary in Abeokuta.
Ajayi moved the motion for the adoption of the report, which was seconded by the Minority Leader, Lukman Adeleye (PDP-Odogbolu).
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Mr. Yusuf Serif (APC-Ado Odo Ota 1), the Majority Leader, moved the motion for the third reading of the bill, and it was seconded by Adeleye.
NAN reports that the lawmakers, during the second reading of the bill on Aug. 28, took turns to debate the desirability of the bill.
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Some of them, however, thanked the federal and state governments, as well as the National Assembly, for moving the issue of electricity from the Exclusive List to the Concurrent Legislative List.
They noted that it allowed states to generate, transmit, and distribute electricity within their jurisdictions.
The legislators explained that the initiative would assist in promoting healthy competition among electricity operators, create an enabling environment for industries, and boost business investment.
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The lawmakers noted that if the state was able to generate power, over 50 percent of the challenges facing the people would have been resolved.
They opined that access to power would also help reduce rural-urban migration in the state.
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