NewStats: 3,261,841 , 8,175,335 topics. Date: Friday, 30 May 2025 at 06:28 PM 5f4ju

Sanwo-Olu Unveils Lagos Electricity Market to Generate 1GW Solar-Powered Energy, Names New Firm Read more:


Lagos State Governor Babajide Sanwo-Olu has revealed that the state will begin to generate its electricity.

The governor said the move was in line with the recently signed bills by President Muhammadu Buhari Sanwo-Olu unveiled Lagos Electricity Market, which he says will generate about one gigawatt in 2030.

Babajide Sanwo-Olu, has announced plans for the state to generate its electricity in line with the recently signed bills granting states autonomy in critical areas like electricity, railway, and judiciary.

Sanwo-Olu stated that the new bills empower states like Lagos to take charge of their growth in the electricity sector.

Lagos makes the first move

On Tuesday, March 21, 2023, he said that Bill No 33 was a historic move, granting Lagos and other states the authority to regulate electricity generation, transmission, and distribution.


"The new bills will promote efficiency, leading to better service delivery. We've been preparing for this by launching an Electricity Policy, publishing our off-grid strategy, presenting our Integrated Resource Plan, and drafting a law to establish the Lagos Electricity Market.

We're committed to achieving 1GW of solar energy in Lagos by 2030 and have engaged with the World Bank for suitable funding. With the creation of the Lagos Electricity Market, we'll fulfil our potential as Africa's model mega city"

https://www.legit.ng/business-economy/energy/1526477-sanwo-olu-announces-lagos-electricity-market-generate-1gw-solar-powered-energy-names-a-firm/

Lol 😂.na wa

Omo ale!

Ftc

thank God say dat guy no enter

Thank God! The monopoly in the sector has been broken; states can now generate electricity. My Lagos always setting the pace.

Nice one

Sanwo Eko

It's actually not new. Bola Tinubu started the IPP in lagos years ago. It was an Independent power project that was done in Lekki I think. Then Fashola continued and commisioned another. It's still in use till now.
They should have just developed more but Ambode kicked against everything Fashola.
Hate him or love him (BAT), I knew what lasgidi was like before 1999 and after, most especially Oshodi, where the roads were so bad, you needed to look for a place where rocks were arranged to cross the road or you enter the mud to cross and then pay some folks to wash your legs. BAT really tried.
If each person that comes into government delivers a major project, we will soon find it hard to get big projects to work on. That is a steady way to development. My own opinion.

Can you all smell what APC is cooking?

Nice move, I pray investors will consider exploring waster to energy

Nice one

I hope they won't tell us the British built this soon.
Or because Lagos was the capital 30 something years ago.

God bless Sanwoolu

God bless Asiwaju Jagaban Bola Tinubu GCFR

God bless Nigeria.

May those planning to disrupt the peace of Nigeria perish kpatakpata

Let's go there

Nice... imagine say na the CR7 clown enter, wey be say na Biafra dey hin head

This guy is the best thing to happen to Lagos
He love big ticket projects.

For a coastal city like Lagos, harnessing wind energy from the Atlantic Ocean would have been better and more cost effective.

Congratulations

Lagos lead, others follow!!!

This guy is the best thing to happen to Lagos.

TallyBONE:
This man is really doing well to me honestly, Na just Tinubu dey give this man bad rep....

I do agree with you.

Sentiments aside, this man is trying, at least he has a plan.

Let every state generate their own power and let those who have more than they can use sell to other states. Abolish that scam called national grid!

Miyachi:


You still need a grid if you're going to sell excess power you don't need.

And you don't know the difference between state grid and national grid??

Governor wey sabi

Make he sha continue with the same momentum. Make he no go be like na 8 years you go use do ordinary fly over and rail of how many kilometres. With how much Lagos generates, Lagos suppose be small London by now.

We shall see

OneTemplate:
https://www.legit.ng/business-economy/energy/1526477-sanwo-olu-announces-lagos-electricity-market-generate-1gw-solar-powered-energy-names-a-firm/

This is what we call "hit the ground running" not someone that will be looking for Oba to dethrone or making Igbos Oba in Lagos will be his priority

Ok

Kudos to my governor ,Governor of the year 2020,2021,2022,2023