The Lagos State Government plans to increase electricity supply to over 3,000 megawatts (MW) by March 2027 to end blackouts and support a 24-hour economy from the current level of below 1,000MW, by March 2027.
Newsonspot reports that he spoke at the Fourth Lagos Business School (LBS) Africa Energy Conference 2026 at Lekki.
The conference had the theme: “Securing Nigeria’s Energy Future: Policy Reform, Capital Mobilisation and Pathways to a Sustainable Power and Energy Market”.
The governor was represented by his Deputy, Dr Obafemi Hamzat.
He said the state was working to mobilise additional 2,000MW through national grid resources, independent power projects, energy hubs, power barges, energy traders and embedded generation, achieving the target would require coordinated improvements across the electricity value chain, including generation, transmission, distribution, gas supply and metering.
“Lagos needs more power. Our immediate objective is to mobilise 2,000MW of additional electricity supply through multiple channels, including additional national grid resources, Lagos independent power projects and energy hubs, excess generation, power barges, energy traders and embedded generation.
“Our ambition is to move from below 1,000MW today to well above 3,000MW by March 2027, while continuing to build towards the larger requirements of the Lagos economy,” he said.
Sanwo-Olu outlined a seven-point action plan to meet the target.
The action plan includes making Lagos Electricity Market fully functional, increasing electricity generation, strengthening distribution capacity, reinforcing transmission infrastructure and improving networks and metering.
The plan also includes strengthening gas-to-power arrangements, enhancing information technology, and increasing market visibility.
He said the state was working to strengthen its transmission network, improve substations and distribution feeders, and expand metering coverage to reduce estimated billing and improve service delivery.
He noted that the state is working to strengthen its transmission network, improve substations and distribution feeders, and expand metering coverage to reduce estimated billing and improve service delivery, adding that the government is working to establish clear contractual obligations, strengthen coordination among electricity market operators and regulators, and create a commercially viable environment capable of attracting private investment.
The Governor further emphasised the importance of reliable gas supply to power plants and the deployment of digital systems, including Supervisory Control and Data Acquisition (SCADA), Advanced Metering Infrastructure (AMI) and the Lagos Electricity Intelligence Platform, to improve monitoring, accountability and transparency.
He noted that Lagos had also recorded progress in renewable-energy interventions, with about 42,000 of the approximately 50,000 streetlights earmarked for solarisation completed, alongside solarisation projects in 175 public schools, with another 100 ongoing.
Sanwo-Olu, therefore, called on investors, financial institutions, energy operators and development partners to collaborate with the state in delivering the plan, noting that reliable electricity is essential to industrial growth, job creation, business competitiveness and improved living standards.
He said the focus is now on disciplined implementation and measurable results that would support the development of a sustainable electricity market and strengthen Lagos’s economic growth.
