Lagos State Governor, Babajide Sanwo-Olu, don sign the Lagos Electricity Bill 2024 into law, one major step wey go bring steady 24-hour power supply inside the state.
The signing happun on Tuesday, as the Governor’s Special Adviser on Media and Publicity, Gboyega Akosile, announce am for him official X (formerly Twitter) handle.
This bill follow the Federal Government approval for 2023 wey give states power to generate and distribute electricity. With this new law, Lagos fit now take charge of its own power supply and distribution, wey go bring better energy infrastructure for the state.
Wetin Dey Inside the Bill?
- The Lagos Electricity Bill 2024 replace the 2018 Lagos Power Sector Reform Law and introduce big changes to improve power supply:
- Lagos Electricity Regulatory Commission: Go oversee electricity market, regulate power generation, and set tariffs.
- Lagos State Electrification Agency: Go promote off-grid solutions for places wey light no dey reach well.
- Lagos Electrification Fund: Go help finance grid expansion and renewable energy projects.
- Integrated Electricity Policy: Go focus on renewable energy, energy efficiency, and decarbonization.
- Independent System Operator: Go manage grid operations.
- Power Enforcement Unit: Go tackle electricity theft.
The Governor talk say this law go solve the electricity wahala wey dey affect residents and businesses, improve power reliability, and attract investment.
Wetin Lagosians Go Gain?
- This law go bring steady electricity wey go benefit:
- Households, wey no go need to depend on noisy generators.
- Businesses, wey go save cost and grow better.
- Industries, wey go get steady light to boost production.
Governor Sanwo-Olu also assure residents say private-sector partnerships go dey key to achieving this vision and make Lagos the leader for Nigeria’s energy transition.
This signing na big win for Lagos as e dey push for sustainable and reliable electricity supply.
