The Lagos state government says it has signed power purchase agreements with three firms to improve electricity supply to critical public infrastructure.
In a post on X, Babajide Sanwo-Olu, governor of Lagos state, said the agreements were signed on Sunday at Lagos House, Marina, as part of efforts to strengthen existing capacity and address “what has not been working”.
“Fenchurch Power will support our major water facilities in Adiyan and Iju. Mainland Power will continue serving Ikeja, Oshodi, and Anthony, with room for expansion,” the governor said.
“Viathan will maintain stable power supply to key facilities on the Island as we strengthen its integration with the distribution network.”
Sanwo-Olu said the agreements have been updated to reflect current market realities, noting that the state will no longer pay for power that is not delivered.
“Payments are now tied to actual, metered supply, helping us reduce waste and manage costs more effectively,” he added.
The governor said the agreements will deliver more reliable electricity for public infrastructure, improve the use of state resources, and create a pathway to scale power capacity in the next few years.
In December 2024, the state government signed the Lagos Electricity Bill 2024 into law to resolve long-standing challenges in the energy sector and form a “robust foundation” for economic growth.
The government said the law will provide an additional grid for Lagos and also end blackouts in the state.
