Electricity Act (Amendment) Bill, 2024, signed into law

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Tinubu’s spokesperson, Ajuri Ngelale, disclosed this in a statement on Friday.

The bill, initially sponsored by Honourable Babajimi Benson, who represents the Ikorodu Federal Constituency in Lagos State, was passed by both houses of parliament in July and November 2023, respectively.

The Bill further provides that the funds set aside for the development of host communities will be received, managed, and administered for infrastructure development in the host communities by a reputable Trustee/Manager to be jointly appointed by the respective GENCO and their host community.


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