Home News Lagos To Generate 3,000MW Within Seven Years-Ambode

Lagos To Generate 3,000MW Within Seven Years-Ambode

0

Lagos State Governor, Mr Akinwumi Ambode today said Lagos will Generate 3,000MW of power within seven years. Ambode said this at the presentation of report by the embedded power technical committee at the state house Alausa ,Ikeja.
The Governor during the presentation noted that while the Federal Government continues in its efforts to resolve the power crisis, it has become clear that the problems in the Energy Sector can no longer be left to the Federal Government alone to solve. The sustainable solution going forward is one that pools together the commitment and resources of all stakeholders in the power value chain.
According to Ambode ‘ To improve grid and off grid power to communities, about 67 communities in the Ibeju Lekki axis were connected to the grid in March 2016 after about six years off grid. Another 32 communities in Badagry have not had access to electricity for over 16 years. We have been working around the clock and I am delighted to inform you that the communities will be connected to the grid within the next 21days. ‘
Governor Ambode in his speech promised that 350MW of this incremental power will be delivered by the first quarter of 2018, additional 850MW by fourth quarter of 2018, and the balance of 1,800MW not later third quarter of 2022. The State Government will support the Power Purchase Agreements (PPAs) that will be signed between the Distribution companies and the embedded power providers, to enhance bankability of the projects.

The State Governor promise to actively collaborate with operators of oil blocks in the Lagos area to accelerate the extraction of gas feedstocks for power generation. Alternative sources of fuel will be explored to sustain uninterrupted power supply in the medium to long term, including partnerships on investments in gas pipeline infrastructure through the State’s owned oil and gas Corporation – Ibile Oil and Gas.
Commissioner for Energy and Resources in Lagos State,Mr Olawale Oluwo, in an interview with newsmen shortly after the presentation said that the recommendations of the committee was in five major areas.He said that there would be intervention in the entire power value chain starting with generation.
Oluwo said the state would be investing to upgrade the distribution infrastructure of the distribution companies and would also help them to meter the entire areas where the embedded powers would be deployed.
He said that the state would set up an enforcement unit to tackle those by-passing meters and vandals and ensure that all meters are pre-paid.Oluwo said that the initiative was a major intervention by the government to ensure guaranteed power.
Earlier, speaking on behalf of the committee,Mr Charles Momoh, the Chairman Eko Distribution Company commended the State Government for the initiave.

wema_bank_salary_based_loan

Like and Share this:

ADD YOUR COMMENT

Please enter your comment!
Please enter your name here