The Lagos State Government has announced an ambitious strategic roadmap to add 2,000 megawatts (MW) of electricity to its power supply by March 2027, a decisive move aimed at bridging the widening gap between energy supply and demand in Nigeria’s commercial nerve center.
​The announcement was made during a high-level Stakeholders’ Energy Summit held at the Bagauda Kaltho Press Centre, Alausa Secretariat, Ikeja, on Thursday, November 12, 2026, at 11:00 AM. The initiative serves as the centerpiece of the administration’s accelerated implementation of the Lagos State Electricity Policy, enacted following the constitutional decentralization of Nigeria’s power sector.
​Addressing journalists and private-sector energy investors at the briefing, the Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye, emphasized that the state’s current power allocation from the national grid, averaging between 1,000MW and 1,200MW, falls drastically short of the estimated 6,000MW required to sustain its over 22 million residents and burgeoning industrial hubs.
​”Lagos cannot achieve its 21st-century economic agenda while relying on erratic grid supply,” Mr. Ogunleye stated. “Through targeted public-private partnerships, embedded generation, and decentralised solar-hybrid mini-grids, we are on track to deliver 2,000MW of reliable, ring-fenced power to critical commercial corridors and residential clusters by the end of the first quarter of 2027.”
​Outlining the technical execution of the plan, the Permanent Secretary of the Ministry of Energy and Mineral Resources, Engr. Abiola Olowu, explained that the 2,000MW target will be delivered through a tightly coordinated three-phase rollout beginning next month.
Under the initial phase spanning December 2026 to January 2027, the state will commission 650MW through gas-fired Independent Power Projects (IPPs) dedicated exclusively to high-demand industrial zones in Ikeja, Ikorodu, and the Lekki Free Trade Zone.
​This foundational capacity will be followed in February 2027 by a second phase that deploys an additional 550MW via grid-interconnected renewable energy solutions, encompassing utility-scale solar farms and waste-to-energy plants situated in Epe and Badagry.
The final phase in March 2027 will integrate the remaining 800MW through bilateral power purchase agreements (PPAs) with licensed Generation Companies (GenCos), paired with extensive upgrades to local distribution infrastructure in collaboration with Eko Electricity Distribution Company (EKEDC) and Ikeja Electric (IE).
​Also speaking at the summit, the Special Adviser to the Governor on Media and Publicity, Mr. Gboyega Akosile, noted that Governor Babajide Sanwo-Olu has approved regulatory incentives and streamlined right-of-way permits to de-risk private capital inflow into the state’s electricity market.
​”This milestone is not merely an infrastructure project; it is an economic lifeline for small and medium-sized enterprises (SMEs) that currently spend billions of naira annually on diesel and petrol generators,” Mr. Akosile remarked. “By March 2027, businesses operating within Lagos will experience a measurable reduction in operational overheads and improved power availability.”
​To maintain momentum, the Lagos State Electricity Regulatory Commission (LASERC) is scheduled to publish the full licensing guidelines and tariff frameworks for prospective off-grid and embedded power developers on Monday, November 23, 2026, paving the way for the formal signing of investment agreements next month.
