National Assembly To Inrease Budget For Rural Electrification

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While news about the national assembly is usually far from pleasant, They have however taken a step in the right direction by revealing plans to double the 2017 budget proposal of the National Rural Electrification Agency, (NREA). This would mean raising the executive expenditure proposal for the agency from N16,137,871,005 to N31,044,204551.

NERC, NEMSA, TCN, NBET, NELMCO and the National Power Training Institute (NAPTI) are among the agencies which received these funds although the appropriation bill also showed that the N2.718 billion allocated to the NELMCO was increased to N3.518 billion just as NAPTI budget proposal of N2.465 billion was reduced by only N127 million. The National Assembly also appropriated a total of N3.725 billion to NBET as against N3.595 billion proposed in the executive bill, indication an increment of N130 million. However, the budget of NERC was reduced from N2 billion to N1.8 billion, by the National assembly. Similarly, the N2.837billion allocated to MEMSA was also slashed to N1.129 billion by the legislature as reprted by the Vanguard.

If these plans come to fruition, this will go a long way in improving access to electricity across the country.

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About Tomide Adeyeye 413 Articles
Federal University Of Technology (FUTA) Alumnus. I am constantly overwhelmed by the power of the written word and how it can transcend genres, stereotypes, and even time itself. This fascination drives my passion for writing.

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