|Join Accesscrib / Login
/ Advertise / Privacy / Recent / Terms and Conditions / News|
Stats: 4534921 members, 6340 topics. Date: Saturday, 26th September 2020 at
|Nigerians Spends Over $5 Billion Yearly To Fuel Their Generators – House Of Reps Speaker, Yakubu Dogara Raises Alarm by starz: 10:53 am On July 19, 2017|
The Speaker of the House of Representatives, Yakubu Dogara, has said it’s highly unacceptable for Nigerians to be spending about $5 billion to fuel their generators annually. Mr. Dogara stated this on Tuesday in Abuja at the public hearing organised by the House of Representatives Committee on Power on three Bills pending before the lower chamber.
According to him, the house would support the Executive to find a permanent solution to the power problem in the country. He explained that the lawmakers were reviewing some of Nigeria’s energy laws to provide an appropriate legal framework that would facilitate the exploitation of renewable energy to the benefit of the economy.
Dogara also stated that power is arguably the single most important driver of the national economy. “Indeed, it is difficult, if not impossible, to imagine modern life without power. Our industries and factories need electricity to operate, and also our offices, homes, and businesses.
“This is an unacceptable situation and the House of Representatives stands ready to support the Executive arm of government to put a stop to this state of affairs. “Renewable energy is a source of clean energy which is environment-friendly and is crucial to the economy of the future.
“We can only be self-sufficient in the energy field when we combine all our energy resources such as wind, solar, hydro, bio-mass, bio-fuel, landfill, sewage gas, solid waste, geo-thermal energy, ocean energy among others.
“Renewable energy sources are natural and often replenish themselves. Nigeria needs to invest more in renewable energy as fossil fuel is a diminishing asset. “An appropriate legal framework to exploit renewable energy which is nature’s gift to mankind is not adequate in Nigeria. “This makes it difficult to organise the sector in a commercially viable matter. Herein lies the merit and strength of this Bill under consideration,” the speaker said.
Former Miss Tourism imo Queen Vera ESO appointed as the organising secretary of female affairs. / PDP didn’t suspend me – Ambrose Nwaogwugwu reacts to threats of arrest from Hope Uzodinma / Orji Kalu, Dariye, convicts who may benefit from FG amnesty / COVID-19: Outrage as Rochas Okorocha, Son abandon Imo people, embrace Nassarawa / Rescue Mission Camp in Confusion as members testify against Okorocha at Probe Panel /
Put your Text Adverts Here...
|Sections: Accesscrib / General (64) Entertainment (5) Featured Posts on Front Page (1563) Science/Technology (5) Uncategorized (2446)|