Skip to content
July 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Lagos targets additional 2,000MW through private sector partnership — Commissioner
  • Business & Economy

Lagos targets additional 2,000MW through private sector partnership — Commissioner

Admin May 18, 2026
prevention guild

prevention guild

The Lagos State Government says it is targeting an additional 2,000 megawatts of embedded power generation through partnerships with private investors to ensure stable electricity supply in the state.

The Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye, disclosed this during the ministerial press briefing commemorating the second year of Gov. Babajide Sanwo-Olu’s second term in office.

He said that residents in Lagos could begin to witness improved electricity supply from embedded power projects within the next six to 12 months.

The commissioner said that the government was already engaging various energy providers and investors.

“Don’t be surprised if in the next few days we are announcing that some batteries are deployed and generating power for Lagos,” he said.

Ogunleye said that the state government was creating an enabling environment for private sector participation in electricity generation and distribution rather than directly operating power plants.

“We are working with various providers with the target of ensuring embedded power generation within the Lagos environment.

“We cannot continue to depend entirely on the Federal Government. We must have a stable and productive Lagos.

“Without electricity, there will be zero development and our people’s opportunities will not be maximised,” he said.

Ogunleye also said the state was facilitating the right-of-way for a 132KV bulk power transmission line from Ajah through Eleko Junction to Alaro City to support industrial expansion along the Lekki corridor.

According to him, the strategic infrastructure also includes a parallel gas pipeline to create an integrated power and gas backbone for industries and residents.

He said the state had also rehabilitated 37.7 kilometres of 132KV power lines along Badagry, Epe and other critical corridors to improve network reliability and regional connectivity.

The commissioner said the government remained committed to strengthening collaboration with the Federal Government, development partners and private investors to deliver scalable energy solutions.

On renewable energy installations, Ogunleye clarified that the state had not authorised compulsory permits for residents installing solar systems.

“Nobody in this administration authorised anyone to say that if you want to install solar, you must obtain a Lagos State permit.

“What we are saying is that those going about installing solar systems must be certified so they do not defraud residents, cause problems in neighbourhoods or burn down houses,” he said.

He linked a number of recent fire incidents in the state to faulty solar and electrical installations.

“Over the last one month, we have had several properties affected by fire incidents and some were linked to solar and air-conditioning systems.

“It is important for government not to look away from these potential dangers,” he said.

Ogunleye also said the implementation of the Lagos Independent System Operator was ongoing in collaboration with the Federal Government and relevant stakeholders.

According to him, the initiative is expected to strengthen electricity market operations and improve power delivery within the state.

“We are not sleeping on it. In the next few days, there will be further announcements showing that Lagos electricity market reforms are taking off,” he said. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Babajide Sanwo-Olu Biodun Ogunleye

Post navigation

Previous Fuel Marketers Oppose Dangote’s Lawsuit Against Import Licences, Warn of Market Instability
Next Herders Flee as Over 60 Cattle Invade and Destroy N5 Million Farm in Abia State

Related Stories

Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says IEA
  • Business & Economy

Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says

July 17, 2026
NCC reviews MVNO business rules to deepen competition, expand telecom access
  • Business & Economy

NCC reviews MVNO business rules to deepen competition, expand telecom access

July 16, 2026
28 vessels to arrive Lagos ports with petroleum products, food, others- NPA greater efficiency
  • Business & Economy

28 vessels to arrive Lagos ports with petroleum products, food, others- NPA

July 16, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Freed kidnap victims reveal terrorist losses in North-West operations Troops
  • National News

Freed kidnap victims reveal terrorist losses in North-West operations

July 17, 2026
Oil rises on renewed US-Iran hostilities and threat of Red Sea closure crude oil
  • International News

Oil rises on renewed US-Iran hostilities and threat of Red Sea closure

July 17, 2026
Akpabio and his architecture of vision, by Ken Harries
  • Commentaries

Akpabio and his architecture of vision, by Ken Harries

July 17, 2026
Troops rescue 8 people, repel attack on military location in Borno
  • National News

Troops rescue 8 people, repel attack on military location in Borno

July 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.