Breaking: Sanwo-Olu Signs Lagos Electricity Bill Into Law To Boost Power Supply

Lagos State Governor Babajide Sanwo-Olu has officially signed the Lagos Electricity Bill 2024 into law.

This legislation represents a significant step towards the state government’s objective of delivering a 24-hour electricity supply across Lagos, marking a major advancement in its power sector reforms.

The bill follows the 2023 decision by the Federal Government to grant states the authority to generate and distribute electricity, enabling Lagos to assume full control of its energy infrastructure.

The initiative is designed to reduce Lagos’ reliance on the national grid, which has long suffered from inefficiencies and frequent power outages.

During the signing ceremony, Sanwo-Olu highlighted the bill’s crucial role in transforming Lagos into a global city with a stable and continuous power supply.

The Lagos Electricity Bill 2024 introduces extensive measures to improve power generation, distribution, and regulation across the state, creating a new state electricity authority to oversee and implement these reforms.

The bill encourages the development of decentralised energy sources, including solar, wind, and gas-powered plants, aiming to provide even the most remote areas of Lagos with a reliable power supply.

Lagos State, known for its large population and booming economy, has long grappled with persistent power outages, disrupting daily life and hampering economic progress.

This new legislation seeks to address these issues by leveraging local resources and innovative technologies to meet the state’s increasing energy demands.

By enacting the Lagos Electricity Bill 2024, the state has taken a significant step towards ensuring a more stable, efficient, and fair electricity supply for its residents, with aspirations of setting a benchmark for other Nigerian states to follow.