Lagos Signs 60MW Power Purchase Agreement With Three Firms
Lagos State has signed a 60MW power purchase agreement with three firms, aiming to boost its electricity capacity. Governor Babajide Sanwo-Olu plans to increase capacity to 200-400MW in the next two to three years through market-driven investments.
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Lagos State has signed a 60MW power purchase agreement with three firms, aiming to boost its electricity capacity. Governor Babajide Sanwo-Olu plans to increase capacity to 200-400MW in the next two to three years through market-driven investments.
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The agreement aligns with the Lagos State Electricity Law 2024 and the Nigerian Electricity Act, indicating a strategic move towards enhancing energy supply in Lagos through private sector participation.
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