Babajide Sanwo-Olu, the governor of Lagos states has signed the Lagos Electricity Bill 2024 into law.
The bill, a key step toward the state government’s goal of ensuring 24-hour electricity supply to every corner of Lagos, marks a milestone in the state’s power sector reform.
The legislation comes after the Federal Government granted states the authority to generate and distribute electricity, a decision made in 2023, which has now empowered Lagos to take full control of its energy infrastructure.
This move aims to reduce the state’s dependency on the national grid, which has long been plagued by inefficiencies and power outages.
Speaking at the signing ceremony, Sanwo-Olu emphasised the importance of the bill in transforming Lagos into a global city with reliable and uninterrupted power supply.
The Lagos Electricity Bill 2024 outlines comprehensive measures to enhance power generation, distribution, and regulation within the state. It also establishes a new state electricity authority responsible for overseeing and implementing these reforms.
The legislation allows for the development of decentralised power sources, such as solar, wind, and gas-powered plants, to ensure that even the most remote areas of Lagos can enjoy uninterrupted power supply.
Lagos State, with its massive population and thriving economy, has long struggled with frequent power outages, leading to disruptions in daily life and hindering economic activities.
The new law aims to solve these challenges by harnessing local resources and technological innovations to meet the state’s growing energy demand.
