SANWO-OLU UNVEILS NEW POWER POLICY TO MEET LAGOS ELECTRICITY NEEDS

•Framework to be implemented with private energy investors

An electricity sustainability framework that will provide reliable power to residential and industrial areas in Lagos State has been unveiled by Governor Babajide Sanwo-Olu.

The Governor, on Wednesday, launched the State’s Electricity Policy at an energy stakeholders’ event organised by the Ministry of Energy and Mineral Resources at Eko Hotel and Suites, Victoria Island.

The framework forms one of the technical components of the proposed Lagos State Electricity Law currently being developed to drive interventions towards improving access to electricity.



Partnership with private players in the power sector is the main thrust of the policy, which requires sustained capital investment in raising the capacity of the existing power infrastructure, while also generating from off-grid network.

Sanwo-Olu said the electricity policy unveiled articulated constitutional, legal, engineering and commercial foundations for creating a viable sub-national electricity system that would cater for energy needs of the State, while enabling socio-economic growth for Lagos and the nation.

The Governor said the State moved to explore alternative energy supply channels in response to growing demand occasioned by population growth and emergence of new residential and industrial areas. Energy requirement that will keep Lagos economy on the path of growth, Sanwo-Olu noted, has far exceeded the current 1,000 megawatts being supplied from the national grid, necessitating the move to explore alternative sources.

He said: “Given Lagos State’s status as the commercial nerve-center and economic hub of Nigeria, it is our firm belief that the attainment of universal electricity access in the State would accelerate the same across other parts of the country. Increased electricity access is one of the priority mandates of this administration, given its significance in driving sustainable economic development.

“There will be no economic development without sustainable energy. The economy needs energy to run and our objective as a Government is to deliver sustainable, reliable and affordable electricity to all Lagosians. The electricity policy being unveiled today does not only articulate the problems in the sector, it is also futuristic in the implementation of its provisions.”

Sanwo-Olu said the State would ramp up procurement of pre-paid meters for distribution to residents as part of the implementation of the electricity policy. This, he said, would promote transparency in the supply chain, while curbing electricity theft and discouraging estimated billing from the suppliers.

The Governor stressed that the set objectives of the electricity policy would only be realisable if the private partners showed equal commitment as the Government to boost capacity in off-grid generation and distribution network.

“As a Government, we believe one person cannot do it all. We need ideas and knowledge from each other, and form real partnership for coordination in the implementation of this framework,” Sanwo-Olu said.

Commissioner for Energy and Mineral Resources, Mr. Lere Odusote, said the electricity policy, apart from clearing out constitutional and legal framework for investors’ assurance, also provided for the establishment of an autonomous regulatory body and independent system operator.

Odusote said Lagos Government would hinge its partnership with the industry players on well-funded and well-managed generation, transmission and distribution.

The State’s Attorney General and Commissioner for Justice, Mr. Moyo Onigbanjo, SAN, represented by the Permanent Secretary, Mrs. Titilayo Shitta-Bey, said the framework was the first step to bringing Lagos out from constitutional obstruction that restricted the State from exploring electricity supply options.

The tone for the Government’s partnership with the private energy investors was set by a panel of discussion moderated by Soji Awogbade, an energy lawyer and founding partner of Aelex.

The panelists included chairman of Ikeja Electric Plc and Egbon Power Plc, Mr. Kola Adeshina; co-founder of Falcon Corporation, Mrs. Audrey Joe-Ezigbo; Chief Executive Officer, Infrastructure Credit Guarantee Company Limited, Mr. Chinua Azubuike; Deputy Chief of Party, Power Africa, Mr. Tunde Gbajumo and Dr. Dolapo Fasawe, General Manager, Lagos State Environmental Protection Agency (LASEPA).

The stakeholders praised the Lagos Government for its commitment to boost power supply through the electricity framework; they argued that the implementation must focus more on supply for industrial consumption and productive activities rather than residential for sustainability of the plan.

Stakeholders also urged the Government to explore the options of clean and renewable energy infrastructure in order not to worsen environmental challenges facing the State.

https://www.google.com/amp/s/pmnewsnigeria.com/2021/12/09/sanwo-olu-unveils-lagos-state-electricity-policy/%3famp=1

You people shuld keep unveiling jargons everyday...

24hrs electricity isn't a rocket science..

A serious Government will fix the power problem in six months in Fashola Voice...


Na Ghana dey derr so dem dey gt 24hrs light I no even know aw dem take dey du am if dem wan tak light for long sef for lik 2hrs or 5hrs u will see the update on dere page stating that an emergency maintainace is coming up...

The showoff governor!
Eko4Show!
Most times I see our leaders as demons .....always tormenting and toying with the citizens....
No iota of shame....so many african countries are celebrating decades of constant power generation & distribution....imagine what Nigerian leaders are yet planning or executing.....
Fashola holmes once said it's not rocket science yet when he was given the mantle it became rocket science to achieve.... Nonsense!

TemDes:
Supper commendable

We should only commend when we as citizens start to enjoy executed projects not this workInPipeline futuristic government propositions.....

TeeGentle:
all dis wan na
we only need 24/7 light, no shaking and no blinking

Exactly....

Sonyboom765:
May it never be well with you entire household. Hy not make negative comment such as this in thread where Ikpeazu gave your mother N500 for giving birth to you or was the N500 not work in the pipeline ?!

Unfortunately I'm not a tribal bigot nor from the eastern part of Nigeria.

Sonyboom765:
Do not mind me I should have been supporting Ikpeazu for gifting your mother N500 to give birth to your kind.

Not surprised@ your toxic stupid quote towards my intricate comment on the showoff governor Sanwo Olu.
Get a life....stop supporting this present clueless terrorist infested leadership and leaders.
@Sonyboom765 your statement shows how much you regard your parents...SMH

Thoceen:
Sanwo-Olu likes pictures a lot.

Kikikiikiiikiki....you are wicked.
@Seniorwriter

all dis wan na
we only need 24/7 light, no shaking and no blinking

Lanrelagboi:
https://www.google.com/amp/s/pmnewsnigeria.com/2021/12/09/sanwo-olu-unveils-lagos-state-electricity-policy/%3famp=1

What happened to Bola agreement with Enron now dead? If we have right thinking, waste alone can generate electricity and supply to Ogun State. Nigeria is a nation!

Akeredolu, biko do something on Ondo light

Wahala be like oxygen
Very Easy to breathe in

They want to use grammar to confuse
Lagos people
At the end they go open office for person to chop

Good bad news

Okay

Lagos need only meet the electricity needs of igbo billionaires living in V. I. The average yoruba's living in Ajangbidi, iyana ipaja etc do not pay electricity bill and deserve to be in darkness.

Once you are a politician, it is very difficult for me to believe anything you say

Sanwo & Jagaban with another dubious means of collecting tax from Lagosians. So his dubious Oga can have money for his Presidential campaign.

Wow

And inspector fashola is not there? Because he once said that it doesn't take rocket science to give light. He even said a serious government will give 24/7 in 6 months. Inspector fashola supposed to head that meeting

Good one

Hmmm.
Proposing policies to generate electricity is funny and weird at the same time.

When was electricity discovered?

Why is it still elusive in nigeria?

iwaeda:


What happened to Bola agreement with Enron now dead? If we have right thinking, waste alone can generate electricity and supply to Ogun State. Nigeria is a nation!

Ask OBJ that killed it by diverting it to national grid while Lagos paid for it.


It will never be well with PDP

Light my kpoli

Light situation in my side this year is worst.....

Hope he got the Federal Government approvals on everything

OmoEpe:



Ask OBJ that killed it by diverting it to national grid while Lagos paid for it.


It will never be well with PDP

What difference have they made to Lagos in 22 years?

Most of them are in APC

H

kristy12:
澳大利亚广播公司拉偏架
#澳大利亚广播公司 这不仅仅是执法问题，我们开始将其视为真正的国家安全威胁？意思是网站也支持呗？ABC中文网拉偏架不是一次两次了，一群左翼人士正运作一个为了吸食儿童血液而生的性侵集团的事没有采访报道或引述正面回应，只有嫌弃而无聊的语气，这就是独立的澳大利亚广播公司。

LOLS

It's well....


Check my signature!

Ok

Lanrelagboi:
https://www.google.com/amp/s/pmnewsnigeria.com/2021/12/09/sanwo-olu-unveils-lagos-state-electricity-policy/%3famp=1

And how exactly will this policy help? Nigerian news sources are really poor sha. They just report on the periphery of issues without any detail or substance. Partly because the journalist covering the event sef is low quality. If he were to read the policy sef, he couldn't analyze it well enough to bring out the salient points.

Not even a link to the pdf version of said policy so we can read it for ourselves.

kristy12:
澳大利亚广播公司拉偏架
#澳大利亚广播公司 这不仅仅是执法问题，我们开始将其视为真正的国家安全威胁？意思是网站也支持呗？ABC中文网拉偏架不是一次两次了，一群左翼人士正运作一个为了吸食儿童血液而生的性侵集团的事没有采访报道或引述正面回应，只有嫌弃而无聊的语气，这就是独立的澳大利亚广播公司。

You
Have
A
Point

I
agree
With
you

but
sha