₦airaland Forum

Isolo residents to enjoy 24/7 power as Isolo Power Gen secures licence

Isolo Power Gen Limited has secured approval to develop a 9MW embedded power generation project in Lagos State under the latest licensing round issued by the Lagos State Electricity Regulatory Commission (LASERC).

The company is one of 14 licensees recently approved by LASERC, but the only operator cleared under the embedded generation category for a 9MW project in this round.

The facility will serve Isolo and the surrounding areas, supporting Lagos State’s ongoing push to decentralise electricity supply and improve power reliability across industrial and residential corridors.

If completed, residents in the surrounding areas could enjoy 24/7 power.

What they are saying
Isolo Power Gen will develop the 9MW embedded generation facility along 110/114 Apapa-Oshodi Expressway, Isolo, Lagos.


The project is structured under an embedded generation model, allowing electricity to be generated and supplied directly within a local distribution network to improve reliability for host communities.

The project will operate at 9MW capacity under an embedded generation framework.
It is designed to supply Isolo and adjoining areas through a localized distribution system.
Ownership includes Westfield Assets Limited (British Virgin Islands), Camara Exim Limited (British Virgin Islands), Chellarams Plc, and Suresh Chellaram.

More insights
A Nairametrics review of LASERC documents shows about 40 additional applications are still undergoing approval processes across embedded generation, captive power, and mini-grid categories.

Notable pending embedded generation projects include:

Alaro Power Free Zone Enterprise – 10MW (Epe)
Takwa Bay Green Power Free Zone Enterprise – 24MW (Apapa)
Geogrid Lightech Ltd – 30MW (Agidingbi)
Irele Energy LFZ Enterprise – 50MW (Ibeju-Lekki)

The pipeline highlights growing investor interest in decentralised power solutions, particularly for industrial clusters across Lagos.

What you should know
The Lagos State Electricity Regulatory Commission (LASERC) was established following the Lagos Electricity Bill 2024, which replaced the 2018 power sector reform law and created an independent state electricity market.

In March 2026, Governor Babajide Sanwo-Olu inaugurated the LASERC board, formally activating regulatory oversight of generation, distribution, and tariffs in the state.

The framework follows the 2023 constitutional electricity reform that granted states authority to regulate and operate their own electricity markets.
Supporting institutions created under the reform include the Lagos State Electrification Agency, Lagos Electrification Fund, Independent System Operator, and a Power Enforcement Unit.

Separately, Lagos recently signed Power Purchase Agreements with multiple private developers to scale generation capacity from below 60MW to between 200MW and 400MW, while shifting toward metered delivery models and dual power systems for critical infrastructure.

Beautifulday:
Every Nigerian is the same. The larger than life status you give these your self style demi gods is a personal imagination

Beautifulday:
How many are the so called leaders compared to the people you call ordinary Nigerians?

Who is ordinary in his own country?

helinues:
Who did Obi even consult in SE before talking about 4 years?

SmartPolician:
Because you are on top, you will always be the topic. Peter Obi is being talked about more than even the snatch-and-run president

Parachoko:
I'm still in shock Governors and Lawmakers from states like Lagos, Rivers, Oyo etc didn't ask for more allocation from VAT they generate

lawani:
Is it until there is genocide that we will all agree Nigeria should be divided?
Tinubu has done his part by returning the country to factory settings as it was at independence fiscally as oil is reportedly just 13 percent of federal revenue now. Your governor that you say is performing is doing so because of allocations sent to him by Tinubu apart from the Enugu governor who has substantially increased his state's igr.

Nigeria can now disintegrate with relatively no fiscal hiccups. Thanks to Tinubu. Every ethnic group should ask for this. You have VAT and CIT being generated from your land and it is yours. You can set up produce boards and have proceeds from there. You can start collecting PAYE tomorrow and it will be yours. Oil is not in reality more than one percent of the economy and fixation on it at the expense of living like real human beings is not worth it. Focus on freeing your land from Nigeria and if you are going to align with any group you must have your own state police under your own control for your own security.

anonimi:
Why is your god letting the worst weapon of Tinubu's deception that is fashioned against Nigeria, to prosper


@@@@@@@@@
@@@@@@@@@@@@@

Can there be any greater deception and worse fraud than this one

esau0007:
Atiku does not have any respect for the south........... Donald Duke

jogojogo:
You are sick
Nigeria started in 1999.
I never wanted to say this
Atiku is indeed greedy
He destroyed PDP and ADC with his Greed
He will never be President

anonimi:
This is a very unnecessary statement from Atiku.

It is such statements, like that useless interview he did recently, that will ensure he is never elected president of Nigeria.

How can a man who has been around for several decades fail to understand that politics is a game of DECEPTION

DatNiggaDaz:


Aswani went to change to another moniker to come throw tantrums with a real Ni..

This long meaningless epistle of jargons is not needed. You claimed with your other moniker that PÖ is a corrupt Pandora fraud. All this deceit and propaganda of bringing Obasanjo into a issue of integrity of PO is the reason I said data bois mainstay involves lies, deceit and propaganda.

Leave Obasanjo out of your propaganda and tell your faaake certttifficcate holder to use gis EFCC to prove to data boiz like you that PO is indeed corrupt

A very difficult task for your roasted electricity fraud

DatNiggaDaz:


Typical characteristics of data boiz of the faaake certttifficcate hollldderr. Denial, lies and propaganda their watchword

If PO refuses to pay tax, it is against the Laws of Nigeria. Is it not. Tell your faaake gutu messaish to send his attack dogs against PO his nightmare, if he has a case against him

numericalguy:

The only reason you want Obi to be president because you are Igbo


Peter Obi remains the most desperate power greedy politician without contentment in the history of Nigeria for the following reasons.

* Obi shouldn't have contested for second term as governor if he was contented.
* Obi shouldn't have gone to court in his second term when he was impeached if he was contented
* Obi wouldn't have ran away from APGA if he was contented
Obi wouldn't have accepted to be VP candidate to Atiku if he was contented
* Obi wouldn't have ran ran away from PDP if he was contented
* Obi wouldn't have contested for presidency under LP if he was contented
* Obi wouldn't have massively rigged the elections in South east if he was contented
* Obi wouldn't have ran away from LP if he was contented
* Obi wouldn't have ran away from ADC if he was contented
Obi wouldn't be in NDC if he was contented


There is no record of Obi ever rejecting any silly oil block. That is a lie created by OBIDIENTS to make themselves happy. No one believes anything coming out of OBIDIENTS mouths because they are liars. Same OBIDIENTS claimed Buhari was dead and that a clone called Jubrin from Sudan was the one ruling Nigeria
Same OBIDIENTS lies that Tinubu is not from Lagos.

You say Obi is not corrupt yet same Peter Obi used his own mouth to brag that he was richer than a sitting US president a few years ago. How do you explain that to Nigerians. How did Obi get all that money if he didn't steal Anambra money. Same Peter Obi that was a celebrity in the pandora papers as his name was mentioned in many places in the pandora papers

Goodvibes007:
Lol. Awori don dey wake up.

They are the most liberal Yoruba sub group in Lagos, but there is only so much they can take. They have been pushed to the wall.

There is a reason why outsiders do not win elections in places that are dominated by Egun, Yewa, Egba, and Ijebus ibiles of Lagos state..

1nice:
You Urgent 1k people go cry tire.

Look at you urgent 1k person explaining nonsense.
You are talking nonsense, think before you talk next time so you will not explain tire.
Hide your face in shame.
You Urgent 1k person.

Radicalwarrior:
Ah ah, una don call national assembly of urgent 1k people and stomach infrastructure gist 😂

This is how urgent 1k people assemble, both for stomach infrastructure gist and free urgent 1k arguments

With this lineup of urgent 1k people, even the thread go need security guard

Maj196:
The only thing they know how to do is keep recycling themselves.

Ebubu6:
Is Soludo in APC ? Which SE APC leader will relinquish VP ticket to APGA in an APC sitting government when his APGA Anambra state has never even delivered to the APC ? The best Soludo can get is ministerial appointment, or senate on APGA ticket.

Evelynluv20:
what’s Yoruba but?

FSBoperator:
The authentic deputy National Spokesperson of the NDC has since denied any zoning arrangement and has said the party is yet to reach an agreement on zoning and if so, which zone it will go to.

This statement was made on the 8th of May in response to the false narrative being peddled online that the NDC had zoned their ticket .

Ofunaofu:
The only people peddling lies, falsehoods, and propaganda are supporters of a notorious drug bárón, certificate fórgér, and identity thiéf who has plunged this country into unmitigated hardship, worsening insecurity, and endless electricity blackouts. Rather than telling Nigerians what Tinubu has actually done in the past three years to deserve re-election, they resort to poking their noses into what opposition parties did or didn’t do.