State Assembly passes bill to establish own electricity regulatory commission
The Kaduna State House of Assembly on Thursday passed the bill for the establishment of the Kaduna State Electricity Regulatory Commission and a commercial and technical framework for the state’s electricity market.
| At the plenary session presided over by the Speaker, Dahiru Liman, the bill was passed after third reading, following the adoption of a report presented by the Chairman of the Joint Committee on Public Works, Infrastructure, and Judiciary, Muhammad Nasiru |
According to the report, the passed bill would help facilitate green technology and a sustainable supply of electricity in the state, as well as ensure the safe, reliable, and efficient interconnection of the state electricity market, subject to federal regulations.
| Similarly, a bill to repeal the tax codification and consolidation law, No 16 of 2020, passed second reading and was referred to the appropriate committee for in-depth study. |
The bill, if passed, would provide for the assessment, collection, and accounting for revenue accruing to state and local governments.
It would also provide a uniform procedure for the consistent and efficient administration of tax laws, facilitating tax compliance by taxpayers and optimising tax revenue.
The bill would also establish the Kaduna State Revenue Service as the agency for tax administration in the state, prescribing its powers and functions, and for other matters connected therewith.
(NAN)
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