By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Electricity: Lagos moves to deliver 50 megawatts/20 hrs to residents
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Electricity: Lagos moves to deliver 50 megawatts/20 hrs to residents
Electricity: Lagos moves to deliver 50 megawatts/20 hrs to residents
News

Electricity: Lagos moves to deliver 50 megawatts/20 hrs to residents

Fesadeb
Last updated: 2021/11/28 at 8:42 AM
Fesadeb Published November 28, 2021
Share
SHARE

The Lagos State Government has disclosed plans to deliver 50 MegaWatt of electricity for 20 hours daily to residents through the Lagos State Electricity Policy.

Governor of Lagos, Mr Babajide Sanwo-Olu made this known in a statement on Saturday signed by Mr Kayode Oyekanmi, Director Public Affairs, Ministry of Commerce, Industry and Cooperatives (MCIC).

Sanwo-Olu said the development was part of the efforts of his administration to accelerate industrialization within the state.

The Governor added that the Lagos State Electricity Policy framework was set to create a sub-national electricity sector that would be entirely off the national grid and cater for the needs of households in the state.

Commending the creativity and resilience of young industrialists, Sanwo-Olu urged them to tap into the opportunities made available by the state government.

He said that some of these were finances, entrepreneurship and technical support.

Sanwo-Olu said they could use these to provide workable solutions to the challenges of industrialization in the state and country at large.

“It is time to think outside the box. You can for instance begin to think of developing machines that refine raw materials in small qualities to start with, but run solely on solar or other forms of clean energy.

“It is not the time to think of things we don’t have, rather, it is the time to maximize the opportunities at our disposal”, Sanwo- Olu said.

“I want you to know that we, the society, expect more from you in terms of innovation and creativity that will put an end to the challenges of industrialisation in Africa”, he said.

He assured that his administration would continue to give listening ears to all ideas put forward by industrialists and also give maximum support to develop them into the next big invention.

Also, Commissioner, MCIC, Dr Lola Akande pledged the ministry’s commitment to continue to facilitate conducive environment for commerce to thrive.

She said that the state was ready to provide necessary promotional support through policies and programmes in order to attain a sustainable business environment.

Akande charged stakeholders and blue-chip companies to rise to the challenge of mentoring and supporting young industrialists in the state to improve the productivity of industries.

(NAN)

You Might Also Like

NIESV Urges Legal Framework for Proposed Monthly Rent Policy in Lagos

FG Moves to Simplify Procurement to Boost Local Manufacturers and MSMEs

Enugu Governor Calls on FG to Release 13% Oil Revenue Share

Akwa Ibom Residents Urged to Prepare as NiMet Predicts Heavy Rainfall and Flood Risk

House of Reps Advances N1.78 Trillion FCT Budget to Committee Stage

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

TAGGED: Africa housing news, Lagos State Government, Mr. Babajide Sanwo-Olu
Fesadeb November 28, 2021 November 28, 2021
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?