24/08/2026
What will it take to move Lagos closer to 24/7 power?
That was the question at the centre of the Lagos State Electricity Market Town Hall Meeting, chaired by His Excellency, Governor Babajide Sanwo-Olu with the Deputy Governor, Dr. Obafemi Hamzat, also in attendance.
The meeting brought together key players across the electricity ecosystem, including Lagos State, Lagos State Electricity Regulatory Commission (LASERC), Lagos Independent System Operator (LAISO), Lagos State Electricity Market Authority (LSEA), Lagos State Ministry of Energy and Mineral Resources TRANSMISSION COMPANY OF NIG. Nigerian Independent System Operator Gas Aggregator Company Nigeria Ltd/Gte Eko Electricity Distribution DisCo Ikeja Electric Plc, International Finance Corporation (IFC) and Africa Finance Corporation, alongside other government, industry and private sector stakeholders.
The conversation reflected the scale of what Lagos is working towards. Building a reliable 24/7 power economy requires more than additional generation. It requires the infrastructure, market structures, investment and coordination needed to connect the different parts of the electricity value chain and make the system work more effectively.
Vista Advisory Founder, Habeeb Alebiosu, CEO of Decentralised Energy was part of the conversation, engaging with stakeholders across the power ecosystem on the opportunities and challenges shaping Lagos’ electricity market.
The direction is clear: building a stronger electricity market for Lagos will require stakeholders across the value chain to keep working together to unlock investment, strengthen infrastructure and deliver reliable power for the people and businesses that drive the state.
We look forward to being part of the work ahead.