Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday, signed the Lagos State Electricity Bill 2024, into law, setting the stage for a power supply system aimed at providing reliable electricity to residents.
The Lagos State Electricity Law 2024 is a comprehensive plan by the Sanwo-Olugovernment to address longstanding challenges in the energy sector.
The law was designed to lay a robust foundation for economic growth, fostering industrial growth, improved quality of life, energy equity, economic prosperity, and environmental sustainability.
The signing of the bill at Lagos House, Ikeja, was witnessed by Deputy Governor, Dr. Femi Hamzat; Chairman of the Lagos State House Committee on Energy and Mineral Resources, Hon. Sabur Oluwa; Attorney General and Commissioner for Justice, Lawal Pedro (SAN); and Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye; as well as members of the State Executive Council and Lagos State House of Assembly.
Speaking during the signing ceremony, Sanwo-Olu charged all relevant stakeholders to work together for the full implementation of the law.
He stated, “It is a bill that we believe will change the economic landscape and usher in socio-economic benefits for our citizens in Lagos. It is not about us; it is about the whole market and an entire system. So, it is important that the system is fully carried along, and they should see it as a win-win.
“We want, at the end of the day, for Lagosians to be the full beneficiaries of what the bill is about. We all want to see affordable and accessible light all around our state. We all have a common objective, which is to develop and improve the energy infrastructure of our State and once we do that.
“We know it will transform into economic benefits for citizens so that people can have a better security network in terms of making Lagos a true 21st Century economy and not being scared or worried about night or illumination in some parts of the city. We want to light up Lagos. We want our citizens to feel the benefit and effects of this legislation.”
Sanwo-Olu commended Speaker of the House of Assembly, Rt. Hon. MudashiruObasa; Chairman, House Committee on Energy and Mineral Resources, Hon. SaburOluwa; and the entire members of the legislative arm for taking the pain and time to produce the bill and for working tirelessly with the executive on the bill.
He also praised the efforts of the Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye, as well as his predecessors, particularly the immediate past commissioner, Olalere Odusote.
Earlier, Ogunleye announced that the implementation of the law would begin within six months.
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