Nigerian individuals can now buy and sell electricity- Fashola

Speaking on the electricity supply situation in the country, Minister of Power, Babatunde Fashola has announced that people are now free to set up independent power generation companies “without necessarily requesting for license.”

Fashola, who made the announcement while on an inspection of Federal works in Jigawa State, stressed that the Federal Government is encouraging the private sector to invest in generation and selling of power to the public.
He said, “Any interested individual or company can set up power generation from two megawatts downwards and sell it to public without requesting for any licence.
“We are encouraging people to set up small power generation and sell it according to their capacity, not necessarily going for big projects that require huge amount of money and expertise”.

Author: OzoIgboNdu1 of Igbo Defender

I am Igbo prince. Onye Igbo ka m bu!

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