Lagos State Governor, Babajide Sanwo-Olu, has said the state requires more than 6,000 megawatts (MW) of electricity to achieve its goal of providing reliable and sustainable power supply. Sanwo-Olu said the state government was working with the Federal Government and key stakeholders in the power sector to address challenges affecting……
Lagos State Governor, Babajide Sanwo-Olu, has said the state requires more than 6,000 megawatts (MW) of electricity to achieve its goal of providing reliable and sustainable power supply.
Sanwo-Olu said the state government was working with the Federal Government and key stakeholders in the power sector to address challenges affecting electricity supply and develop a market capable of supporting 24-hour power.
The governor disclosed this in a statement via social media on Monday, October 5, after hosting the Ministerial Implementation Retreat on the Clean Lagos Electricity Market (CLEM).
He said the retreat provided an opportunity to discuss the challenges facing electricity supply in Lagos with the Minister of Power, Joseph Olasunkanmi Tegbe, and other stakeholders.
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“Lagos needs over 6,000MW of power and our goal is to build a more reliable and sustainable electricity market that moves us towards 24-hour power supply,” Sanwo-Olu said.
According to him, achieving the target would require increased investment in embedded and off-grid power generation, improvements in electricity transmission and distribution, as well as a regulatory framework tailored to the needs of Lagos.
The governor noted that the Electricity Act 2023 and the Lagos Electricity Law 2024 had provided the legal framework for the state to tackle challenges within the power sector.
“With the federal Electricity Act 2023 and our Lagos Electricity Law 2024, we now have the legal backing to address grid bottlenecks and secure better gas supply for power generation,” he said.
Sanwo-Olu also acknowledged the contributions of federal agencies and other stakeholders, including the Transmission Company of Nigeria, Nigerian Electricity Regulatory Commission and Rural Electrification Agency.
He said the ultimate measure of the ongoing efforts would be the impact on residents and businesses across the state.
“At the end, what matters is that Lagos residents and businesses feel the difference through more reliable electricity,” the governor said.
