27/06/2024
OGSG MOVES TO IMPROVE POWER GENERATION
Ogun State government has put machineries in motion to set up an industrial power house, to ensure uninterrupted power supply through a drafted bill that would soon become law.
This disclosure was made in Lagos by Mr. Olawale Oluwo, the Global Adviser, Boston Power Limited, who is the Consultant to the Ogun State government on Power, during a Stakeholders’ Workshop on the Ogun State Electricity Market.
Mr. Oluwo said the workshop was to map out ways to reform the electricity sector in the state, towards achieving adequate power supply for households, industrial and commercial use, alongside other public sector institutions within the state.
He pointed out that bills had been drafted and forwarded to the state House of Assembly and expected to be signed into law by Governor Dapo Abiodun.
Also speaking, Senior Special Assistant to the Governor on Energy, Mr. Olufemi Omisanjo, explained that the bill would engender sufficient capacity to generate, transmit, distribute power and collect tariffs which would serve as an avenue to generate revenue for the state.
Omisanjo, who revealed that the proposed Ministry of Energy and State Electricity Regulation would be established to oversee the activities of the power sector, added that the control and regulation of the state electricity space would no longer be under the Federal Government when the agency is in operation, calling for private sector partnership and initiative, in a bid to ensure its success.
"This is a testament to a job done from five to six months ago, to design a proper structure and system for the Ogun State government with Consultants from the Ministry of Justice and various stakeholders.
“In creating a viable and functional market, the workshop is an avenue for government and its Consultants to meet with various stakeholders and investors, in order to understand how we intend to fashion out the very viable and bankable Ogun state Electricity Market”, he said.
A participant at the workshop, Mr. Babatunde Oshadare, noted that the project would ensure increased power supply for improved living condition of residents in the state.
Mosunmola Shobo,
Press Officer, BEES