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JUST IN: Sanwo-Olu signs Lagos electricity bill into law

By Abigail Philip David

Governor Babajide Sanwo-Olu of Lagos State has officially signed the Lagos Electricity Bill 2024 into law, marking a significant step towards improving the state’s energy sector.

The signing ceremony took place on Tuesday at the Lagos House, Ikeja. The new law aims to address longstanding electricity challenges in Lagos, reduce dependence on the national grid, and support the state’s economic and industrial growth.

“This bill is a bold move to ensure a 24-hour electricity supply across Lagos, following the Federal Government’s approval in 2023 for states to generate and distribute energy,” said Gboyega Akosile, the governor’s Special Adviser on Media and Publicity, via a post on X (formerly Twitter).

Governor Sanwo-Olu emphasized the transformative potential of the law, describing it as critical to Lagos’s ambition of becoming a global city with reliable, uninterrupted power supply.

In a related effort to boost electricity generation, the Lagos State Government recently invited independent power producers and energy solution companies to bid for the construction of gas-fired power plants. This initiative, led by the Ministry of Energy and Mineral Resources in partnership with the Office of Public-Private Partnerships, is part of the “Clean Lagos Electricity Market” project aimed at bridging the state’s power supply gap.

The announcement of this initiative was made by Biodun Ogunleye, the Commissioner for Energy and Mineral Resources, and Bukola Odoe, the Special Adviser on Public-Private Partnerships.

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