Oyo State governor, Seyi Makinde, on Friday, signed into law the Oyo State Electricity Regulatory Commission Bill 2024.
The governor, who performed the signing ceremony at the Conference Room of the Governor’s Office, Secretariat, Agodi, Ibadan, said the signing was to allow the state to develop its roadmap to sustainable electricity.
The governor stated that with the decentralisation of electricity generation, transmission, and distribution, it has become obvious that Nigerians can access dividends of democracy if federalism is practiced as it should be and more powers are devolved to the states.
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Governor Makinde said: “As promised earlier in the week, we are signing the Oyo State Electricity Regulatory Commission Bill 2024 into law today. This law will enable Oyo State to generate, transmit, and distribute electricity within the State.
“Amendment of the constitution like these is what we mean when we advocate for fiscal federalism. In years to come as we work towards energy sufficiency, our people can hold State Governments accountable on the issue of electricity supply.”
Presenting the Bill earlier, Deputy Speaker, Oyo State House of Assembly, Mohammed Fadeyi, said this is the first time that the state would come up with an independent electricity project.
Present at the signing of the Bill were the Deputy Governor, Bayo Lawal; Secretary to the State Government; Prof. Olanike Adeyemo: Chief of Staff to the Governor, Hon. Segun Ogunwuyi and the Head of Service, Mrs Olubunmi Oni.