The Lagos government has signed a three-year agreement for 400MW of power, with payments linked to actual metered delivery. Governor Sanwo-Olu emphasized that the agreements have been updated to align with current market conditions.
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The Briefing Africa
April 26, 2026 · 21:53 · 5 min read
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The Lagos government has signed a three-year agreement for 400MW of power, with payments linked to actual metered delivery. Governor Sanwo-Olu emphasized that the agreements have been updated to align with current market conditions.
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The new power agreement aims to enhance electricity supply in Lagos, addressing previous challenges by ensuring payments are based on actual consumption. This move is expected to improve reliability in power delivery for residents and businesses.