The Lagos State Government has announced plans to increase electricity supply to the state to above 3,000 megawatts from the current level of below 1,000 megawatts by March 2027.
Governor Babajide Sanwo-Olu says the plan is part of efforts to end blackouts and build a 24-hour power economy in the state.
Sanwo-Olu disclosed this at the Fourth Lagos Business School Africa Energy Conference, themed, “Securing Nigeria’s Energy Future: Policy Reform, Capital Mobilisation, and Pathways to a Sustainable Power and Energy Market, held at Lekki-Epe Expressway, Lagos.
He said the state is working to mobilise an additional 2,000MW through national grid resources, independent power projects, energy hubs, power barges, energy traders, and embedded generation supply.
Sanwo-Olu, who spoke through his Deputy, Dr. Obafemi Hamzat stated that achieving the target would require coordinated improvements across the electricity value chain, including generation, transmission, distribution, gas supply, and metering.
To achieve the target, the governor outlined a seven-point action plan focused on making the Lagos Electricity Market fully functional, increasing electricity generation, strengthening distribution capacity, reinforcing transmission infrastructure, improving networks and metering, strengthening gas-to-power arrangements, and enhancing information technology and market visibility.
He noted that the state is working to strengthen its transmission network, improve substations and distribution feeders, and expand metering coverage to reduce estimated billing and improve service delivery, adding that the government is working to establish clear contractual obligations, strengthen coordination among electricity market operators and regulators, and create a commercially viable environment capable of attracting private investment.
The Governor further emphasised the importance of reliable gas supply to power plants and the deployment of digital systems, including Supervisory Control and Data Acquisition (SCADA), Advanced Metering Infrastructure (AMI) and the Lagos Electricity Intelligence Platform, to improve monitoring, accountability and transparency.
He noted that Lagos had also recorded progress in renewable-energy interventions, with about 42,000 of the approximately 50,000 streetlights earmarked for solarisation completed, alongside solarisation projects in 175 public schools, with another 100 ongoing.
Sanwo-Olu, therefore, called on investors, financial institutions, energy operators and development partners to collaborate with the state in delivering the plan, noting that reliable electricity is essential to industrial growth, job creation, business competitiveness and improved living standards.
He said the focus is now on disciplined implementation and measurable results that would support the development of a sustainable electricity market and strengthen Lagos’s economic growth.
