The Executive Governor of Lagos state announces the new electricty policy aimed at providing excellent and affordable power supply for residents of the State.
According to the governor, he said that the new policy will help to create alternative energy supply and boost the economic growth of the state and nation at large.
Sanwo-olu also stated that collective ideas from everyone will help create profitable outcome and better stability in the state.
In his words, he said;
“Energy requirement that will keep Lagos economy on the path of growth, has far exceeded the current 1,000 megawatts being supplied from the national grid, necessitating the move to explore alternative sources.
“Given Lagos state’s status as the commercial nerve-centre and economic hub of Nigeria, it is our firm belief that the attainment of universal electricity access in the state will accelerate the same across other parts of the country.
He added; “There will be no economic development without sustainable energy. The economy needs energy to run, and our objective as a government is to deliver sustainable, reliable and affordable electricity to all residents.
“The electricity policy being unveiled today do not only articulate the problems in the sector, it is also futuristic in the implementation of its provisions,”
“As a government, we believe one person cannot do it all. We need ideas and knowledge from each other, and form real partnership for coordination in the implementation of this framework.
“We must continue to ensure profitable partnerships to push investments, be audacious and accountable,”
