As part of the measures to cushion the effects of COVID-19 pandemic, Nigeria’s House of Representatives is considering a fresh Stimulus Bill that will ensure that Nigerians get free electricity supply for two months.
The Speaker of the House of Reps, Femi Gbajabiamila, made this known in a statement issued on Saturday.
Gbajabiamila noted that the proposed Bill will help in boosting the economy through the informal sector as the country prepares for the aftermath of the coronavirus.
According to him, the Bill which will be the second Stimulus Bill by the Green Chamber will be considered immediately the House reconvenes from its ongoing break, declared due to the pandemic.
He added that electricity, being a commodity consumed by every household, has a greater effect on the people and that since more Nigerians are in the informal sector, the effects would be more felt by the economy.
The statement read: “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.”