
Tinubu has signed into law the Electricity Amendment Bill, which gives Nigerian states full control over electricity generation
President Bola Ahmed Tinubu has signed into law the Electricity Amendment Bill, which gives Nigerian states full control over electricity generation, transmission, and distribution within their territories.
⚖️ Key Highlights of the Bill:
States now have the power to issue licenses to private investors to build and operate electricity generation, transmission, and distribution systems within the state.
The federal government will no longer have a monopoly over electricity projects nationwide.
Private companies can now partner directly with states without going through Abuja.
Rural electrification and off-grid power supply are expected to become easier and faster to implement.
⚡ Why This Matters:
Decentralization: Power issues can now be handled at the state level, leading to faster decision-making and local solutions.
Increased competition may lead to better electricity supply.
States like Lagos, Rivers, and Kaduna that already have private power plans can scale up faster.
🧠 What to Watch:
Implementation: Will states have the capacity and political will to manage electricity responsibly?
Tariffs: Will prices go up or down under new private/state-run systems?
Job creation: This reform may open up thousands of jobs across engineering, construction, and maintenance.