Lawmakers Alarmed That Nigerians Spend $5Billion Annually To Fuel Generators

The Speaker of House of Representatives, Mr Yakubu Dogara, said it was unacceptable that according to research and reports, Nigerians spent five billion dollars on generators annually, saying the house would support the Executive to find a permanent solution to the power problem in the country.He explained this would be done by reviewing some of Nigeria’s energy laws to provide appropriate legal framework that would facilitate the exploitation of renewable energy to the benefit of the economy because according to him, power is arguably the single most important driver of the national economy.The House had at the inception of the 8th Assembly, committed itself to a Legislative Agenda to devise initiative on power. This was with a resolve that it shall take legislative action to tackle Nigeria’s energy crisis that has led to a general collapse of industries and businesses and inflicted hardship on citizens.Photo Credit: Getty

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