Lagos State Governor Babajide Sanwo-Olu has announced that the state will begin to generate its electricity.

He made this revelation during the unveiling of the Lagos Electricity Market, which he says will generate about one gigawatt in 2030.

The governor said the move was in line with the recently signed bills by President Muhammadu Buhari.

“The new bills will promote efficiency, leading to better service delivery”. The Governor said.

We’ve been preparing for this by launching an Electricity Policy, publishing our off-grid strategy, presenting our Integrated Resource Plan, and drafting a law to establish the Lagos Electricity Market.

We’re committed to achieving 1GW of solar energy in Lagos by 2030. We have engaged with the World Bank for suitable funding. With the creation of the Lagos Electricity Market, we’ll fulfil our potential as Africa’s model mega city”. He concluded.