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Lagos Targets 6 Gigawatts In Three Years To Boost Power Supply - Politics - Nairaland 6j45n

Lagos Targets 6 Gigawatts In Three Years To Boost Power Supply (4618 Views)

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Dobblog1(m): 6:32am On Apr 16
Lagos State has begun a journey to achieve energy independence with the target of 6 gigawatts in power generation over the next three years. This ambitious energy plan was disclosed, on Tuesday, during Lagos Energy Summit, where the State Government’s representatives are meeting with regulators, investors and stakeholders to fashion out the plan.

The bold move to establish a reliable clean energy source to address power shortfall in the State was a direct result of the Lagos State Electricity Act signed into law last December by Governor Babajide Sanwo-Olu, which gave legal framework for private investment in public energy infrastructure.

Lagos is now pursuing Expressions of Interest (EOIs) for gas-fired, grid-scale solar and captive power generation projects aimed at injecting 6 GW of power into Lagos electricity market. The State Government would also be retrofitting 22,000 streetlights across the State to reduce grid pressure and improve energy efficiency.

Sanwo-Olu, who declared the summit open, observed that Lagos required an independent energy sources to fully transition to a 24-hour economy, noting that the State’s 2030 Energy Vision relied on consistent investment in three areas of priority energy diversification, grid modernisation and regulatory reforms.

The Governor said the three-day summit, currently holding at Oriental Hotel in Victoria Island with the theme: “Journey to Energy for All”, offered a platform for investors to understudy the risk factors and iron out grey areas, while noting that time was of the essence in realising the goal by 2030.

He said: “This new journey we have started has a destination, which is to reduce if not totally eliminate reliance on national grid. To get to the destination, we have to work hard twice as fast. I believe this summit would help Lagos to steadily move towards realising the objectives. This ambitious energy plan speaks directly to the heart of our mission, affirming our commitment to build not just a vibrant megacity, but a smart city where no home will be in darkness. To achieve these objectives, we have taken bold steps in repositioning Lagos as a sub national in energy reform.

“Following the enactment of Lagos Electricity Law, we inaugurated Lagos Electricity Regulatory Commission and Independent Regulatory Agency to oversee the licencing compliance and consumers’ protection. Additionally, we have established Independent System Operator to manage field operations within the State’s optimised power distribution, which, we believe will enable system stability and enhance reliability. We believe these reforms are critical for our long-term vision for self-sufficient and reliable energy sector. These moves will attend to the energy needs of our people and attract investors into the sector.”

Sanwo-Olu said reliable clean energy would not only catalyze more economic activities, it would boost industrial growth and lift small businesses to prosperity. He said the resources spent by residents to provide energy for their homes and businesses would be re-invested into the economy for more growth, stressing that a stable electricity would enrergise activities in both formal and informal sectors.

I[b] strongly believe the energy for all is achievable; all that is required is collaboration of all stakeholders, including the Government, private sector, civil society, environmental advocates and the media. This summit present an opportunity for all stakeholders to share ideas and come up with solutions. We believe in partnership that is rooted in trust and shared purpose. This begins with commitment by all stakeholders to put people first as we build energy-secure future,” the Governor said.
[/b]
Commissioner for Energy and Mineral Resources, Mr. Abiodun Ogunleye, said since the enactment of Lagos Electricity Law, the Ministry had revamped the State’s energy strategy, reforming the Integrated Resource Plan (IRP) just as it activated executive approval to commence Lagos Gas Master Plan.

Lagos energy drive, the Commissioner said, would enable an environment where entrepreneurs, students, artisans and family would thrive in a society powered by clean, reliable and affordable electricity.


https://businesstodayng.com/lagos-targets-6-gigawatts-in-three-to-boost-power-supply/

13 Likes 1 Share

Omexonomy: 6:43am On Apr 16
kpankpangolo:
A yearly story since 2015.

oga na yearly story since 2010 just to deceive Lagosians

14 Likes 1 Share

FutureFocus: 6:56am On Apr 16
Sound nice
femi4: 6:57am On Apr 16
Future impossible tense

4 Likes

bewla(m): 6:57am On Apr 16
This will
RenoOkriTheGoat: 6:57am On Apr 16
Zoo. Keep deceiving the gullible people.

3 Likes

Kingpele(m): 6:58am On Apr 16
That will be wonderful because lagos needs independent power stations but we keep hearing this for years now ...when are we going to hear and see it commissioned?

4 Likes 2 Shares

shinaola21(m): 6:58am On Apr 16
🌺

Oga we no need future tense,we need present tense right now...

5 Likes

phemmie06(m): 6:59am On Apr 16
I once read that Lagos is partnering Amperion
Hotfreezing: 6:59am On Apr 16
RenoOkriTheGoat:
Zoo. Keep deceiving the gullible people.
femi4:
Future impossible tense
Omexonomy:
oga na yearly story since 2010 just to deceive Lagosians
kpankpangolo:
A yearly story since 2015.

It will be achieved soon but your eyes will not see it.

15 Likes

oyeb15: 7:00am On Apr 16
Only in Nigeria u see a public servant waste millions of Naira publicizing what he's still planning to achieve.
At d end of d day, nothing will be heard again and if u remind them of how they promise etc, they will say u are criticizing them

4 Likes 2 Shares

Obakoolex(m): 7:02am On Apr 16
Seriously some people needs to reduce their intake of bitter leaf as I believe it's the main cause of their bitterness undecided

Any good news from southwest will always make them rush the thread to vent their anger, so pitiful.

21 Likes

nairalanda1(m): 7:03am On Apr 16
Fun fact, 6 gigawatts may not be enough

10 Is more like it. Still, good to know some states are picking up the slack.

Hope government does not tell them to dash the national grid though

18 Likes

gidigbam1: 7:03am On Apr 16
RenoOkriTheGoat:
Zoo. Keep deceiving the gullible people.

IPOB keeping you more gullible. Tell me one Thing you have gained by ing the illusion called biafra since 1967 till date, apart from death destruction, and loss of property, insecurity kidnapping!!!

9 Likes

Obakoolex(m): 7:04am On Apr 16
undecided
mickyeddi: 7:06am On Apr 16
Vhh
lastmessenger: 7:07am On Apr 16
6gigawatts in lagos while the whole of Nigeria has 4.5gigawatts for transmisión and distribution and 10gigawatts installed capacity.
And they want to install it in 3 years. Ok na. Lying since 2010

2 Likes

Ganjafama(m): 7:09am On Apr 16
Nigeria is fond is targetting without executing. Funny country.😃😃😃😃
ProudlyLagos: 7:12am On Apr 16
Dobblog1:


https://businesstodayng.com/lagos-targets-6-gigawatts-in-three-to-boost-power-supply/
great news coming out from my city…….we have been blessed with visionary leader right from 1999.

Tinubu laid the foundation for development and his predecessors have been making tremendous progress in the development of Lagos.

God bless Lagos and all lovers of Lagos, eko oni baje oo….btw proudly Lagos grin

4 Likes

kpankpangolo: 7:12am On Apr 16
Hotfreezing:





It will be achieved soon but your eyes will not see it.
Go and tell your father this.
NaijaCrusader: 7:13am On Apr 16
This is pathetic. Only 6 and for a whole 3 years. Africa has some poor and vision less leaders abi politicians because these ones don't deserve to be called leaders
frankmoney(m): 7:15am On Apr 16
All this Cho Cho Cho too much... una never tire
Saga16: 7:15am On Apr 16
grin
Menclothing1: 7:16am On Apr 16
The said lagos can’t build train lagos it did it they said lagos can’t build port operational now it will take time but it will come to reality lagos government are focus

2 Likes

Saga16: 7:16am On Apr 16
lastmessenger:
6gigawatts in lagos while the whole of Nigeria has 4.5gigawatts for transmisión and distribution and 10gigawatts installed capacity.
And they want to install it in 3 years. Ok na. Lying since 2010

You guys aren't tired of underrating Lagos?

2 Likes

VeeVeeMyLuv(m): 7:20am On Apr 16
6000megawatts
Nonybb: 7:21am On Apr 16
You guys are ashamed with all this audio promises
Ringstonermasks: 7:21am On Apr 16
Wetin dey stop dem from having it now
Dhoneymix: 7:22am On Apr 16
Every good thing in Nigeria is in the future!


Government to do this...
Nigerians to enjoy...
This istration plans to...


E con be like say istration and elections times are the same.

Promise during election, you enter finish still dey promise

Mtcheeew

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