President Goodluck Jonathan has finally appended his signature to the controversial Nigerian Electricity Management Services Authority (NEMSA) bill to now keep two regulatory bodies controlling affairs in Nigeria’s power sector.

The president at the twilight of his reign assented to the bill which now makes it an Act that primarily grants powers to NEMSA to provide technical regulations and inspections in Nigeria’s nascent electricity market.

Minister of Power, Prof. Chinedu Nebo disclosed in Abuja that Jonathan signed the NEMSA Act on Tuesday.

His assent on the bill may now break the regulatory control enjoyed by the Nigerian Electricity Regulatory Commission (NERC) as enshrined in Section 32 of the electricity reform act of 2005.

Section 32 of the Electric Power Sector Reform Act 2005 (EPSR) grants to NERC the sole regulatory responsibility in the country’s electric industry, such role is further buttressed in Section 3.1.4.2 of the National Electric Power Policy (NEPP).

The NEMSA Act however appears to now break NERC’s hold on technical regulation of the industry, a situation NERC resisted.

Disclosing the news of the assent at a send forth dinner organised by the ministry, Nebo thanked stakeholders that supported the process, including the chair of the senate committee on power, Philip Aduda who with his House of Representatives colleague, Patrick Ikhariale provided the legislative backing for its passage at the parliament.

NEMSA had being controversial from its onset. The new authority whose mandate is said to duplicate that of NERC and other agencies of government had attracted knocks and credits from stakeholders.


Read full story
http://monitor9ja.com/2015/05/jonathan-signs-controversial-bill-to-give-power-sector-two-watchdogs/

So gej could be clueful for the 1st time in his life !!!

sammyj:
So gej could be clueful for the 1st time in his life !!!

if u insult gej, u insult ur father also

.................................................

front247:
if u insult gej, u insult ur father also