Banking

Lagos Govt, DisCos Parley To Boost Electricity Generation, Distribution

The Lagos State Government has expressed its readiness to partner with potential investors and distribution companies (DisCos) as part of its sustained efforts to achieve sustainable electricity in the state.

The State Governor, Mr. Babajide Sanwo-Olu, who made this remark when he hosted a delegation of the Board of Eko Electricity Distribution Company (EKEDC) and its investor group, WPG, maintained that the state government would continue to collaborate with investors to improve power generation, transmission and distribution in Lagos State.

The governor pointed out that public and private sectors involved in the provision of electricity to consumers cannot give reasons for the lingering lapses in the power supply chain given the level of investments in the power sector over the years.

He, therefore, charged the electricity distribution companies (DisCos) to improve their performances in order to boost socio-economic activities in the state.

Speaking on the state government’s plan for the energy sector, the Commissioner for Energy, Mr. Lere Odusote, while briefing the EKEDC’s team disclosed the administration had mapped out a Universal Electricity Supply plan on the short, medium and long-term basis aimed at improving transmission and distribution of power.

According to him, the Plan is also designed to create a One-Stop Shop in the Lagos State Ministry of Energy for easy access for electricity customers.

In his remarks, the Chairman Board of the EKEDC, Mr. Dere Otubu, who commended Governor Sanwo-Olu for his developmental strides in Lagos State, said the purpose of the visit was to seek the state government to enable the company improve power generation, transmission and distribution across the state.

He said: “We know and appreciate that Your Excellency (Governor Sanwo-Olu) recognises the need to collaborate with NERC and necessary stakeholders to achieve the great goal of improving power supply to the citizens of Lagos State, hence, we urge your good administration to kindly work with all necessary stakeholders within the power sector to develop a very workable policy and legal regime for this to be achieved.’’

Spread the love