Tinubu signs bill that allows states, companies to generate power

President Bola Tinubu has signed the new electricity bill into law.

The Act which replaces the Electricity and Power Sector Reform Act (EPSR) of 2005 empowers states, companies, and individuals to generate, transmit, and distribute electricity in the country.

The Senate passed the bill in July last year in a bid to address the country’s perennial electricity challenges.