Lagos State Government approves 14 electricity licences for off-grid power expansion
Updated
Updated · msmeafricaonline.com · May 4
Lagos State Government approves 14 electricity licences for off-grid power expansion
8 articles · Updated · msmeafricaonline.com · May 4
LASERC issued the permits at its first stakeholder meeting, including Axxela’s 5.8MW Cadbury project and Isolo Power Gen’s 9MW embedded plant in Isolo.
Daybreak Power Solutions also won approvals for sites serving Seven-Up, Nigerian Breweries, NBC, Crown Flour Mill, Nigerdock and Promasidor, alongside metering and mini-grid operators.
The licences support Lagos’s intrastate power reforms, targeting 97.5% electricity availability by 2030, pilot 24-hour franchise zones in October 2026 and a 100% metering rollout from July.
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Lagos Targets 97.5% Electricity Availability by 2030 with 14 New Power Licences and Decentralized Market
Overview
Lagos State has entered a new era in electricity supply with the recent approval of 14 new licences and permits by the Lagos State Electricity Regulatory Commission (LASERC). This move, celebrated by state officials as a 'farewell to the culture of darkness,' highlights Lagos's strong commitment to reducing blackouts and improving power for all communities. The new licences reinforce LASERC's regulatory mandate to ensure accountability and high operational standards, aiming to create a more reliable and sustainable electricity system. Optimism is high that these changes will significantly transform the state's power landscape and benefit residents and businesses alike.