Lagos State Governor Babajide Sanwo-Olu has signed the Lagos Electricity Bill 2024 into law, a landmark decision aimed at addressing the state’s persistent energy challenges and fostering economic growth.
The signing ceremony, held on Tuesday at the Lagos House in Ikeja, marked a transformative step in Lagos’ energy sector. Speaking at the event, Governor Sanwo-Olu highlighted the significance of the new law in positioning Lagos as a global city with reliable electricity.
“This bill is a major step by the state government to ensure a 24-hour electricity supply to every corner of Lagos,” Sanwo-Olu said. “It aligns with the Federal Government’s 2023 approval for states to independently generate and distribute power.”
The governor’s Special Adviser on Media and Publicity, Gboyega Akosile, elaborated on the law’s implications via X, formerly Twitter. He explained that the legislation would significantly reduce Lagos’ reliance on the national grid and pave the way for greater energy independence.
The new law follows the state government’s call in November for bids from independent power producers and energy solution companies to construct gas-fired power plants. This initiative is part of the Clean Lagos Electricity Market programme, aimed at upgrading the city’s power infrastructure and ensuring a sustainable energy supply.
The bid invitation was jointly announced by Biodun Ogunleye, Commissioner for Energy and Mineral Resources, and Bukola Odoe, Special Adviser at the Office of Public-Private Partnerships.
With the signing of the Lagos Electricity Bill 2024, Lagos State moves closer to achieving a sustainable and independent energy future, setting a precedent for other states in Nigeria.
