Babajide Sanwo-olu, governor of Lagos state, has signed the Lagos Electricity Bill 2024 into law.The ceremony was held at the...
The ceremony was held at the Lagos House in Alausa, Ikeja, in the presence of Obafemi Hamzat, the deputy governor, and Mudashiru Obasa, speaker of the state assembly.
Sanwo-Olu appreciated the lawmakers for the swift passage of the bill, adding that the law will change the socio-economic value of citizens in the state. The governor said the law will help to resolve long-standing challenges in the energy sector and form a “robust foundation” for economic growth.Biodun Ogunleye, the state commissioner for energy and mineral resources, said the law will provide an additional grid for Lagos state and also put an end to black out in the state.
“There will now be regular power supply. Host community development Trust fund, which will provide opportunities for communities to develop power plants,” he said. The law aims to electrify underserved areas and contribute to the sustainable development of the state by promoting diverse energy sources, including renewable energy.Institutions expected to be created to implement the law include Lagos State Electricity Regulatory Commission, Lagos Independent System Operator and Lagos State Electrification Agency.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EFCC Takes Action on Suit Seeking to Prevent Arrest of Lagos State Governor Sanwo-OluA Trusted Nigerian Newspaper
Read more »
Order your officials to stop harassing Lagos traders – Bode George to Sanwo-OluAn erstwhile Deputy National Chairman of the People’s Democratic Party (PDP), Olabode George, has called on Governor Babajide Sanwo-Olu of Lagos State to halt the harassment of traders by officials and security agents in the state.
Read more »
Alleged arrest plot: EFCC tells court to dismiss Sanwo-Olu’s suitThe Economic and Financial Crimes Commission (EFCC) has urged a Federal High Court in Abuja not to grant the reliefs sought by Governor Babajide Sanwo-Olu of Lagos State in his fundamental right enforcement suit, describing it as speculative.
Read more »
Africa will be great if its leaders work together, build vibrant economy, says Sanwo-OluBabajide Sanwo-Olu, the Lagos state governor, has assured Kenya of continued collaboration in the hospitality and tourism sectors.
Read more »
Court dismisses suit seeking to stop EFCC from probing Sanwo-Olu after his tenureThe federal high court in Abuja has struck out the suit seeking to restrain the Economic and Financial Crimes Commission (EFCC) from arresting Babajide Sanwo-Olu, governor of Lagos, at the end of his tenure.
Read more »
Ondo election: Sanwo-Olu, Abiodun, Oyebanji, other APC chieftains arrive AkureChieftains of the All Progressives Congress, APC, have arrived Akure, the Ondo State capital, ahead of Saturday's governorship election. Governors Babajide Sanwo-Olu, Lagos, Dapo Abiodun, Ogun, Biodun Oyebanji, Ekiti, and the immediate past deputy governor of Edo State, Philip Shaibu are in Akure for the grand finale of the party's campaign.
Read more »