2018 Budget: Senate Committee Faults Allocation By Power Parastatal


The Senate Committee on Power, has condemned plans by the Rural Electrification Agency, a parastatal in the Ministry of Power to spend N10 billion on solar power projects in nine universities in the six geo-political zone of the country.

Committee members raised concerns over the project at a 2018 budget defense session with the Managing Director of the agency, Mrs Damilola Ogunbiyi.

Examining the documents presented by the agency, the lawmakers argued that the funds should instead be channeled into electrification projects in villages and communities which urgently need rural electrification.

Chairman of the Committee, Senator Enyinaya Abaribe also expressed his dissatisfaction with the development.

He accused the Minister of Power, Works and Housing Mr Babatunde Fashola for failing to prepare adequately to defend the 2018 budget of the Ministry of Power.






































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