The Lagos State Government has approved 14 electricity licences and permits covering off-grid generation, embedded generation, independent electricity distribution, metering services, and interconnected mini-grid operations as part of efforts to expand power access and deepen private sector participation in the state\u2019s electricity market.\n<\/p>\n
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The approvals were issued by the Lagos State Electricity Regulatory Commission (LASERC) during its maiden stakeholder engagement held at The Cordis Hotel earlier in the week.\n<\/p>\n
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According to the Commission, the licensing exercise represents a major step in the implementation of Lagos State\u2019s evolving intrastate electricity market framework aimed at improving electricity reliability across industrial and residential clusters.<\/p>\n
LASERC said the approvals are designed to build a more structured electricity market capable of attracting long-term investment and supporting decentralised electricity delivery across Lagos.\n<\/p>\n
Among the approved projects, Axxela Limited secured a licence for a 5.8MW off-grid generation project at Cadbury Nigeria Plc in Agidingbi.\n<\/p>\n
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Daybreak Power Solutions Limited received multiple off-grid generation approvals covering facilities operated by Seven-Up, Nigerian Breweries, NBC, Crown Flour Mill, Nigerdock, and Promasidor.\n<\/p>\n
Isolo Power Gen Limited was granted approval for a 9MW embedded generation project along the Apapa-Oshodi Expressway in Isolo.<\/p>\n
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The Commission also approved Isolo Power Supply Limited as an Independent Electricity Distribution Network operator, while New Hampshire Capital, GossLink Engineering, and Enaro Energy Mini-Grid Limited received approvals covering metering and mini-grid operations.\n<\/p>\n
LASERC stated that the approvals align with Lagos State\u2019s broader strategy to decentralise electricity supply through embedded generation systems, mini-grids, and independent distribution networks.\n<\/p>\n
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The Commission explained that the strategy is expected to improve electricity access across industrial clusters and peri-urban communities while reducing pressure on the national grid.<\/p>\n
According to LASERC, the framework is designed to create a more competitive, efficient, and investment-driven electricity market within the state.\n<\/p>\n
The Commission targets 97.5 per cent electricity availability across Lagos by 2030 while aiming to reduce market losses to below 10 per cent through a decentralized and performance-driven power system.\n<\/p>\n
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As part of reforms scheduled to begin in 2026, LASERC plans to roll out two to three 24-hour electricity franchise zones by October 2026 as pilot districts for uninterrupted power supply.\n<\/p>\n
The Commission will also introduce Grid Interface Guidelines and commence a 100 per cent metering initiative by July 2026.<\/p>\n
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Consumer complaint centres are expected to open in phases beginning from August 2026 in Amuwo Odofin, followed by Ikorodu and Epe in September.\n<\/p>\n
LASERC further disclosed that the Electric Eye of Lagos (EEL) Programme, an AI-enabled metering system, will be completed by August 2026 with pilot deployment scheduled for October 2026.\n<\/p>\n
The Commission also plans to release draft electricity market rules in October 2026 before finalising them in December 2026. Regulatory sandbox guidelines aimed at supporting innovation and encouraging private sector participation are also expected to be introduced.\n<\/p>\n
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The approvals form part of wider electricity reforms initiated after Governor Babajide Sanwo-Olu signed the Lagos Electricity Bill into law in 2024, creating the legal framework for the state\u2019s independent electricity market.\n<\/p>\n
The law replaced the Lagos State Power Sector Reform Law of 2018 and granted LASERC authority to regulate electricity generation, distribution, and tariffs within the state.\n<\/p>\n
In March 2026, the Lagos State Government inaugurated the LASERC board, marking the beginning of full operational leadership for electricity reforms.\n<\/p>\n
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The reforms also follow the Federal Government\u2019s 2023 approval allowing states to independently generate and distribute electricity.<\/p>\n
In April 2026, Lagos signed Power Purchase Agreements and concession deals with three independent power producers as part of plans to increase generation capacity from below 60MW to between 200MW and 400MW in the coming years.\n<\/p>\n
Stakeholders say the reforms are expected to strengthen Lagos\u2019 electricity supply system while improving transparency, accountability, and long-term market stability.\n<\/p>\n
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