Lagos State Governor Babajide Sanwo-Olu has signed the Lagos State Electricity Bill 2024 into law, setting the stage for a power supply system aimed at providing reliable electricity to residents.

The Lagos electricity bill is a plan of Sanwo-Olu’s resolve to address longstanding challenges in the energy sector. The law, according to the state government, will lay a robust foundation for economic growth, fostering industrial growth, improved quality of life, energy equity, economic prosperity, and environmental sustainability.

Speaking during the signing of the electricity bill in Lagos on Tuesday, December 3, 2024, Sanwo-Olu urged all relevant stakeholders to work together for the full implementation of the law.

The governor said: “It is a bill that we believe will change the economic landscape and usher in socio-economic benefits for our citizens in Lagos. It is not about us; it is about the whole market and an entire system. So, it is important that the system is fully carried along, and they should see it as a win-win.

“We want, at the end of the day, for Lagosians to be the full beneficiaries of what the bill is about. We all want to see affordable and accessible light all around our state.

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“We all have a common objective, which is to develop and improve the energy infrastructure of our state and once we do that, we know it will transform into economic benefits for citizens so that people can have a better security network in terms of making Lagos a true 21st Century economy and not being scared or worried about night or illumination in some parts of the city. We want to light up Lagos. We want our citizens to feel the benefit and effects of this legislation.”

Governor Sanwo-Olu commended the Speaker of the House of Assembly, Mudashiru Obasa; the Chairman of the House Committee on Energy and Mineral Resources, Sabur Oluwa; and other members of the House for producing the bill and for working tirelessly with the executive on the bill.

He also lauded the efforts of the Lagos State Commissioner for Energy and Mineral Resources, Biodun Ogunleye, and his predecessors, particularly the immediate past commissioner, Engr. Olalere Odusote.

Speaking, Ogunleye disclosed that the implementation of the law would begin within six months.

The Star