3rd December 2024
By Idris Buna
The Governor of Lagos, Babajide Sanwo-Olu, on Tuesday, assented the Lagos Electricity Bill 2024 into law at the Lagos House, Ikeja.
The electricity bill is a comprehensive plan aimed at solving perennial challenges in the energy sector, especially the state dependence on national grid.
The bill which is expected provide a 24 hours power in the state would lay the foundation for economic and industrial growth in the state.
According to the governor’s Special Adviser on Media and Publicity, Gboyega Akosile, on his X. “The bill is a major step by the state government to ensure a 24-hour electricity supply to every corner of the state, following the Federal Government’s approval for states to generate and distribute energy in 2023″.
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Governor Sanwo-Olu, at the signing ceremony, highlighted the importance of the bill in transforming Lagos into a global city with a reliable and uninterrupted power supply.
Lagos State Government, in November had called on independent power producers and energy solution firms to submit bids for the construction of gas-fired power plants capable of bridging the state’s persistent insufficient electricity.
The Ministry of Energy and Mineral Resources, in partnership with the Office of Public-Private Partnerships, made the call for the initiative to enhance Lagos’s power supply through the Clean Lagos Electricity Market.