By Peter Adelowo
The Renewed Hope Grassroot Movement, RHGM, has commended President Bola Ahmed Tinubu for signing the historic Electricity Bill into law.
This is contained in a statement signed by the National Coordinator of RHGM, Ambassador Isaac Chigozie Udeh in Abuja.
According to the statement, the new law removes electricity from the Exclusive Legislative List, allowing states to independently generate, transmit, and distribute power.
It explains that States can now establish electricity markets, regulators, and license private investors without federal approval.
It says this bold reform will boost industrialization, attract investment, create jobs, and improve electricity supply across Nigeria.
The statement also praises the President for his efforts in tackling security challenges and driving economic reforms to stabilize and grow the nation.
It emphasizes that the movement remains committed to informing and mobilizing Nigerians at the grassroots about the administration’s achievements and people-oriented policies.
According to the statement, RHGM urges state governments, private investors, and all stakeholders to seize this historic opportunity to invest in Nigeria’s power sector.
