The House of Representatives is to consider a fresh Stimulus Bill that would ensure that Nigerians get free electricity supply for two months to mitigate the effects of the COVID-19 pandemic, Speaker Rep. Femi Gbajabiamila has said.
The Speaker said the proposed Bill was to help in boosting the economy through the informal sector as the country prepares for the aftermath of the coronavirus.
The proposed Bill, which will be the second Stimulus Bill by the House, is to be considered immediately the House reconvenes from its ongoing break, declared due to the pandemic.
“The issue of electricity, you’ll agree, because the Minister did say that she has been inundated by the public, just as we are, on several suggestions and ideas and I am almost a hundred percent sure that, from those ideas will be the issue of some kind of shelter, as far as electricity is concerned.
“It is one thing that will touch every household. As I said earlier, when we engaged, I discussed with the electricity Distribution Companies (DisCos) that packaged whatever they would require, if the government can give them, for us to allow for two months free electricity for Nigerians, they would be able to guarantee it.
“We have the figures. I think we should look very seriously into that as part of our package for economic stimulus, because stimulus means something that will stimulate the economy. When you are stimulating the economy, most of it will come from the informal sector.
“When you are saving people their electricity and the fact that they now have stable electricity for two months, you are also saving the monies that would go into the payment of those bills at least for two months”, the speaker said while explaining the importance of the Bill.
It has, however, been agreed by the leadership of the National Assembly that the resumption date, initially slated for April 7, will be extended by one week in compliance with government’s 2-week stay-at-home policy.