President of the Senate, Godswill Akpabio, has said that people erroneously think they are in the parliament to make money.
Akpabio said contrary to the thinking of some people, the lawmakers were not making money but sacrifices that would even benefit future generations.
He said this on Wednesday during a debate on the general principles of the Bill for an Act to amend the Electricity Act, 2023.
The bill is expected to address emerging issues in the Nigerian electric power sector, enhance policy and regulatory coordination, strengthen sectoral financing, protect critical electricity infrastructure, foster industrial relations in the sector, clarify transitional arrangements, redefine host community engagements by licensees operating in the Nigerian electricity supply industry; and for related matters, 2025 (SB. 862).
It was sponsored by the Chairman of the Senate Committee on Power, Senator Enyinnaya Abaribe (APGA, Abia South).
The Senate President explained that without electricity, there would be no way for industrial growth in the country, adding that everyone was looking forward to a total overhaul of the electricity sector.
Akpabio said: “People think we are here in the Senate to make money, not knowing that we are here to sacrifice for future generations.”