Lagos State is targeting more than 3,000 megawatts (MW) of electricity supply by March 2027, Governor Babajide Sanwo-Olu has said.
Sanwo-Olu announced the target on Saturday at the fourth Lagos Business School Africa Energy Conference 2026 in Lekki, Lagos, where he was represented by his deputy, Obafemi Hamzat.
The governor said the proposed expansion would raise electricity supply from the current level of less than 1,000MW by adding about 2,000MW through a combination of national grid supply, independent power projects, energy hubs, power barges, energy traders and embedded generation.
He, however, said achieving the target would depend on improvements across the electricity value chain, including generation, transmission and distribution, as well as reliable gas supply to power plants and wider access to electricity meters.
According to him, the state also plans to upgrade substations and distribution networks, expand metering and deploy digital technology to monitor electricity supply and strengthen accountability within the electricity market.
Lagos is assuming greater responsibility for the regulation of its electricity market following reforms introduced by the Federal Government.
In December 2024, the Nigerian Electricity Regulatory Commission (NERC) transferred regulatory oversight of intrastate electricity activities in Lagos to the Lagos State Electricity Regulatory Commission (LASERC), pursuant to the Electricity Act 2023.
The Lagos State Electricity Law 2024 subsequently established the legal framework for electricity generation, transmission, distribution, supply and trading within the state, with LASERC responsible for regulating the market and licensing operators.
Sanwo-Olu said his administration was also working to establish clearer contractual obligations and improve coordination among market operators and regulators as part of efforts to attract private investment into the sector.
On technology, the governor highlighted plans to deploy Supervisory Control and Data Acquisition (SCADA) systems, Advanced Metering Infrastructure (AMI) and the Lagos Electricity Intelligence Platform.
He said the systems would help improve monitoring, transparency and accountability across the electricity market.
Sanwo-Olu also highlighted progress under Lagos’ renewable energy programme, saying about 42,000 of the 50,000 streetlights earmarked for solarisation had been completed.
Solar installations have also been carried out in 175 public schools, while work is ongoing in another 100 schools, he said.
The governor called on investors, financial institutions, energy companies and development partners to support the state’s electricity expansion plans, stressing that reliable power supply is critical to industrial growth, job creation and business competitiveness.
He said the priority was to translate the proposed expansion into measurable results while building a sustainable electricity market in Lagos.
The conference was held under the theme, “Securing Nigeria’s Energy Future: Policy Reform, Capital Mobilisation, and Pathways to a Sustainable Power and Energy Market.”
