Our indefatigable Senator Stella Oduah
sponsored renewable energy Bill tagged:
A
Bill for an Act to Provide for the Utilisation, Sustainability and Adequate
Supply of Renewable Energy for Electricity and Heat Generation and for Related
Matters.
This Bill will serve as
framework to support and develop renewable energy sources by creating enabling
environment to attract business in that sector.
Our economy has
continued to reel in poor energy supplies to meet our household and industrial
needs to stimulate economic, social and educational growth in our country. The
economy has continued to struggle with unstable performance from all critical
sectors that drive the economy. These challenges have all been traced and
attributed to inadequate power supply required to gulvanise every sector to
perform at optimal level.
In all vital sectors of
our economy like manufacturing, agricultural, banking, health, creative
industry et al, the narrative has not changed from hues and cry of inadequate
energy supplies to meet the day to day needs of each sector thereby forcing
these sectors to thrive in underutilization of capacity and yearly declining
revenues.
It’s disheartening
though to know that the world is quickly jettisoning the reliance on hydro and
gas sources of energy supply to green energy that is eco friendly and driven by
renewable energy sources like solar, wind et al.
Ironically, our country
has a lot of these natural sources in abundance across different parts of the
country but we continue to wallow in under supply of energy to meet our daily
needs. All that is required is for the government to create a framework and
enabling environment to attract investment into renewable energy for our
economy to navigate away from the antiquated sources of energy to this modern
technology of energy supply.
The North has abundant
sources of solar energy adequate enough to drive solar energy technology to
meet their local needs of energy supply. In the other hand, the South also has
abundant Wind and also solar energy supply sources adequate enough to drive their
local economies without hindrance as witnessed in this era of hydro and gas
energy sources that are fraught with seasonal challenges.
Diversification of our
energy sources is the major impact this Bill is dedicated to make in our energy
sector. The Bill will support and stimulate the development, utilization and
efficient management of renewable energy sources like wind, solar.
It is also targeted to
improve access to energy supplies to households, businesses, factories etc to
meet their needs adequately to improve, sustain and fully utilize their
capacities for greater economic growth vis a vis GDP growth.
Full diversification of
these other energy sources and sustained policy of attracting investments into
renewable energy will help to gulvanise our energy sector and put it on the
part to grow the sector to meet our rising needs in tandem with our burgeoning
population.
The major draw back an
average Nigerian will tell you to our economic growth is power supply. It is
believed that our economy which is mostly driven by SMEs will grow fast if
these SMEs ranging from barbing salon, hairdressing saloon, stores, welders,
restaurants, bars, creative industry producers etc are guaranteed 24 hours
power supply to meet their needs without interruption. It will also reduce their
overhead drastically thereby stabilizing their daily revenue to meet their
household financial pressures and more.
Aggressive investment
in renewable driven by a policy framework that creates enabling environment for
investors to tap the opportunities that abound in that sector is what will take
us out of the woods and power sector dilemma we face. It will compel
stakeholders to create a future road map in that sector that will be driven by
renewable energy.
These visions can only come
from a leader who is concerned about the growth of the economies of her people
like Senator Stella Oduah. She understands that Anambra is a state driven by
entrepreneurs who incur heavy overhead yearly to power their generators to remain
in business in the face of daily declining power supply. In spite of the fact
that power supply continues to cascade downwards, the people are forced to pay
heavy electricity bills that are not commensurate with what they consume in a
sheer exploitation drive by distributions companies.
This bill will bring
relief to the people and set our economy on the pedestal for growth and
stability to optimize the potentials of this great state Anambra and Nigeria in
general.
#IStandWithStellaOduah.
Anayo
Ekeanya (MBA, BSc, DAIT) writes from Abuja.
Twitter:
@getmotivatedng
Facebook:
GetMotivated Naija
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