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President Tinubu Assents To Amended Electricity Act Bill

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2 years ago

on

February 9, 2024

By

Dafe

President Tinubu On Top Of Domestic Situation, Atiku's Statement Reckless --Presidency

President Bola Tinubu has signed the Electricity Act (Amendment) Bill, 2024, into law.

The bill, which was passed by the House of Representatives on July 27, 2023, and the Senate on November 14, 2023, was sponsored by Honourable Babajimi Benson, who represents Ikorodu Federal Constituency of Lagos State.

The Electricity Act (Amendment) Bill, 2024, addresses the development and environmental concerns of host communities, and sets aside five percent of the actual annual operating expenditures of power generating companies (GENCOs) from the preceding year for the development of their respective host communities.

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The Bill further provides that the funds set aside for the development of host communities will be received, managed, and administered for infrastructure development in the host communities by a reputable Trustee/Manager to be jointly appointed by the respective GENCO and their host community.

Related Topics:Electricity Act President Tinubu

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In another development, DELSU has extended the submission of first semester Continuous Assessments (CAs) for the 2025/2026 academic session. The Deputy Vice Chancellor (Academic) who said this in an official memo, recalled that a circular dated 3rd February, 2026 was issued to Deans of Faculties on the submission of First Semester Continuous Assessments (CAs) for the 2025/2026 academic session, with the deadline set for Friday, 20th February, 2026. Adding: “Following appeals from some Deans of Faculties, the Vice-Chancellor, Prof. Samuel O.Asagba, has approved a final extension of the submission deadline by one (1) week. “Accordingly, all Departments are required to forward their Continuous Assessments (CAs) to the Office of the Deputy Vice-Chancellor (Academic) on or before Friday, 27th February, 2026,” saying that “no further extension will be granted.” “Deans and Heads of Departments are requested to ensure strict compliance,” he said. Meanwhile, Deans of Faculties have been informed of the urgent need to submit the 100 Level result spreadsheets for the 2024/2025 academic session. According to Owamah, all Heads of Departments (HODs) are to download their respective 100 Level result spreadsheets from the University Result Engine and forward same to the Office of the Deputy Vice-Chancellor (Academic) on or before Thursday, 12th February, 2026, for onward transmission to the Vice-Chancellor.

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