The President, Major General Muhammadu Buhari (retd), has signed into law the constitutional amendment allowing states in the country to licence, generate, transmit, and distribute electricity.
This was made known in a tweet by the presidential media spokesperson, Tolu Ogunlesi, on Friday.
He tweeted, “President #MBuhari has signed 16 constitution amendment bills into law. By this signing, State Houses of Assembly & judiciaries now have constitutionally guaranteed financial independence, while railways have moved from Exclusive Legislative List to the concurrent list.
“Another landmark change: By virtue of the presidential assent, Nigerian states can now generate, transmit and distribute electricity in areas covered by the national grid. (This) wasn’t allowed pre-amendment. This is genuine, realistic restructuring — through the constitution.
No doubt, this latest development is expected to bring more investment in the sector and significantly improve power supply across the country.