Senate President, Godswill Akpabio, has stated that lawmakers were not in the Senate to make money but to make sacrifices for future generations.
Akpabio made this statement on Wednesday on during debate on the general principles of the Bill for an Act to amend the Electricity Act, 2023.
DAILY POST reports that the bill will address emerging issues in the Nigerian electric power sector, enhance policy and regulatory coordination, strengthen sectoral financing, protect critical electricity infrastructure, foster industrial relations in the sector, clarify transitional arrangements, redefine host community engagements by licensees operating in the Nigerian electricity supply industry; and for related matters, 2025 (SB. 862).
The bill was sponsored by the Chairman of Senate Committee on Power, Senator Enyinnaya Abaribe (APGA, Abia South).
The Senate President explained that without electricity, there would be no way for industrial growth in the country, adding that everyone was looking forward to a total overhaul of the electricity sector.
“People think we are here in the Senate to make money, not knowing that we are here to sacrifice for future generations,”; he said.