Electricity deficit: Lagos reveals plan to meet up with 8,500 MW 

By Lukman Olabiyi

Lagos State Government has revealed its plan to meet up with the electricity deficit in the state.

Currently, the state faces a significant electricity deficit, with a demand of 12,000MW and only 3,500MW in supply.

The state’s Commissioner for Commerce, Cooperative, Trade, and Investment, Mrs. Folashade Ambrose, revealed the state agenda on how electricity deficit is being tackled.

Speaking at the Lagos State Industrial Policy Consultative Assembly and Validation Workshop in Ikeja, she said the state is poised to transform into Africa’s leading industrial hub, with plans outlined in the Lagos State Industrial Policy (2025-2030).

“Lagos is  a major financial and tech center, currently faces a significant electricity deficit, with a demand of 12,000MW and only 3,500MW in supply. However, the state is addressing this challenge by pioneering renewable energy initiatives, such as solar mini-grids, waste-to-energy, and gas-to-power projects.

“Furthermore, the state is decentralizing electricity generation through Independent Power Projects (IPPs) aimed at powering industrial zones and commercial hubs”, she revealed.

The commissioner emphasized the pivotal role the policy would play in driving industrial excellence and economic growth. Adding that the the importance of industrialization cannot be overstated.

Ambrose stressed that Lagos aims to deepen industrialization through public-private partnerships (PPPs), create dedicated power solutions for industries, and improve logistics infrastructure to reduce production costs.

She held that Lagos has already hosts 70% of Nigeria’s manufacturing activity, with key sectors such as automotive, pharmaceuticals, food processing, and petrochemicals represented in its industrial zones.