Sanwo-Olu Targets 3,000MW Electricity Supply In Lagos By March 2027

Lagos State Governor, Babajide Sanwo-Olu, has unveiled plans to increase electricity supply in the state to more than 3,000 megawatts by March 2027, from the current level of less than 1,000MW.

The initiative is part of the state government’s efforts to address persistent power shortages and support the development of a 24-hour economy.

Sanwo-Olu disclosed this on Saturday at the fourth Lagos Business School Africa Energy Conference (AEC 2026), held at the Honeywell Auditorium of the Lagos Business School, along the Lekki-Epe Expressway.

The governor, who was represented by his deputy, Dr Kadri Obafemi Hamzat, said the state was working to mobilise an additional 2,000MW through various electricity generation and supply channels.

He listed the proposed sources to include additional allocations from the national grid, independent power projects, energy hubs, power barges, energy traders and embedded generation.

“Lagos needs more power. Our immediate objective is to mobilise 2,000MW of additional electricity supply through multiple channels, including additional national-grid resources, Lagos independent power projects and energy hubs, excess generation, power barges, energy traders and embedded generation,” the governor said.

Sanwo-Olu also outlined a seven-point action plan designed to improve electricity generation, strengthen transmission and distribution infrastructure, expand metering, ensure reliable gas supply and make the Lagos Electricity Market fully operational.

Other components of the plan include improving electricity networks and deploying technology to strengthen market monitoring, accountability and transparency.

On the state’s ongoing infrastructure initiatives, the governor disclosed that solar installations had been completed on approximately 42,000 of the 50,000 streetlights earmarked for the programme.

He added that solarisation projects had also been completed in 175 public schools, while work was ongoing in another 100 schools.

The governor called on investors, financial institutions and energy sector operators to partner with the state government in achieving its electricity expansion target.

Speaking at the conference, the Vice President of Deepwater Assets and Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ronald Adams, stressed the need for sustained implementation of Nigeria’s energy sector reforms.

Adams said consistent reforms would help attract investments, accelerate oil and gas development, create jobs and improve access to energy across the country.

He noted that Nigeria’s estimated 37 billion barrels of oil and condensate reserves, alongside more than 250 trillion cubic feet of natural gas reserves, presented significant opportunities for economic growth.

The conference ended with stakeholders emphasising the need to translate Nigeria’s abundant energy resources into reliable electricity supply, increased investment, infrastructure development and sustainable economic growth.