Section 202 Electricity Act 2023

Section 202 of the Electricity Act 2023 is about Establishment of the Power Training Fund. It is under Part XIX (National Power Training Institute of Nigeria) of the Act.

There is established a Fund to be known as the Power Training Fund (in this Act referred to as the “Power Fund”) into which shall be paid —

(a) 40% of money accruing into the Power Fund:

(b) loans, grants or voluntary contributions from licensees, local and international development partners; and

(c) any other money that may come to the Institute apart from what is provided under this section.