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By Samaila Emmanuel Bzugu
Lagos State Government has called for bids from independent power producers and energy solution companies to set up gas-fired power plants, tackling the state’s persistent electricity shortfall. This move is part of the government’s broader strategy to achieve energy self-sufficiency.
With a population of over 20 million, Lagos accounts for almost 70% of Nigeria’s manufacturing employment but receives less than 1,200MW of power from the national grid.
The Lagos Electricity Market plan aims to provide a cheaper, cleaner alternative to inadequate grid power and potentially double the size of the state’s economy. The plan involves harnessing available energy sources, including gas and renewable energy, to attain at least 18 hours of supply daily over five years.
This is to achieve 1 gigawatt (GW) of solar photovoltaic generation by 2030, reduce reliance on diesel generators and double the size of Lagos’ economy through reliable and affordable electricity
This is to achieve 1 gigawatt (GW) of solar photovoltaic generation by 2030, reduce reliance on diesel generators and double the size of Lagos’ economy through reliable and affordable electricity.
The Lagos State Government has committed to investing $1 billion, alongside private sector partners, to achieve these objectives. The state will also establish an electrification fund and agency to oversee the implementation of its Off-Grid Electrification Strategy and Action Plan.
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