Minister for Power and Infrastructure, Tunde Fashola (SAN) has said that Nigeria has one of the best electricity laws in the world.
Speaking at the Power Africa Nigeria conference in Abuja, the minister said those who crafted the law demonstrated commitment.
His statement comes at a time where Nigeria’s power distribution is at an all time low.
He also said that with the law, the business of power generation, transmission and distribution has been democratised and was now within the remits of both the federal and state governments to consider investing in, ThisDay reports.
“The EPSRA is a great piece of legislation that is comparable to any other in the world, and that law was put together by members of the National Assembly whom Nigerians elected as their representatives, and who committed to giving Nigeria a law to enable us develop our power sector,” said Fashola.
Sorry, I had a black out just then! What is this law suppose to do?