So sad that no one in the house understands the power sector and how it works. Amidst liquidity crisis in the industry and the inability of the Gencos, NIPPs and IPPs to recoup their investments and being owed billions of naira, they will be subjected to payment of royalties again.

In the next 50 years, Nigeria will not have stable power if we continue like this. These are the businesses that can't pay for their gas because NBET is owing them. Nigeria should expect high electricity tariff if this sails through.

iwaeda:

https://punchng.com/power-sector-reps-okay-bill-to-create-royalty-for-host-communities/?

Owo omo onile.

iwaeda:

https://punchng.com/power-sector-reps-okay-bill-to-create-royalty-for-host-communities/?

Airports, seaports and other revenue generating federal agencies must pay royalty. This includes those with solid minerals. What's a sauce for the goose is a sauce for the gander

This is the problem Afam commuinity is having with PHEDC now that has plunged the whole Oyigbo LGA into perpetual darkness.

That's good but we have to use 30percent of it in searching for power in areas where there's none

neonly:


Jokers

You remember the Multichoice Bill - Pay as you view.
Till date,it is sine die.We are very funny in this country!
Same with Pre-paid Nepa bill.
Clever Disco and Genco only ensure that the bills are sent to your
Phones at the end of the Month no body to quary you.

Host communities for power is going to get 5%, but Oil communities that fuel most of the station got 3%. We are really a great country

They should broaden the bill to include every community where any kind of mineral resources exploitation is going on and those who host every type of utility company.