The Lagos State Commissioner for Energy and Mineral Resources, Biodun Ogunleye, unveiled ambitious plans to introduce five new power hubs across the city, aiming to provide residents with alternative sources of clean energy. This announcement came during the state’s Ministerial briefing, where Ogunleye elaborated on the initiative to complement the existing six solar Proof of Concept (POC) projects, enhancing access to reliable alternative energy for Lagosians.
The proposed power hubs align with the state’s broader vision of developing one gigawatt of grid-scale solar energy capacity within the clean Lagos electricity market. Potential sites under consideration include the Egbin terminal plant site, Ikorodu, Badagry, Agbara, and Ogudu, signaling a significant step towards a sustainable energy future for Lagos.
In financial matters, Ogunleye disclosed that the state government received a substantial increase in oil derivation funds, totaling approximately N3.78 billion between 2020 and 2021 from the federation account. This stark rise from the N131 million received between 2018 and 2019 underscores the state’s growing emphasis on leveraging resources for developmental projects. Additionally, plans for collaboration with the federal government to explore new mineral discoveries aim to bolster the state’s revenue streams.
Efforts to curb the haphazard establishment of gas plants were also emphasized, with the distribution of over 10,000 gas cylinders to petty traders to reduce reliance on non-clean energy sources. Collaborative measures with the Federal Government were highlighted to ensure the safe operation of gas and fuel stations, prioritizing the well-being of Lagos residents.
Looking ahead, last year’s unveiling of plans to raise $10 billion to meet the state’s electricity needs by 2032 signifies a strategic approach to address burgeoning energy demands. Governor Babajide Sanwo-Olu’s vision for 10 to 12 megawatts of electricity within the next decade underscores the urgency of transitioning towards sustainable energy solutions. Moreover, the state’s commitment to an energy mix comprising solar, wind, and gas-powered generation reflects a holistic strategy to power industrialization and drive economic growth.
The announcement of the new power hubs marks a significant milestone in Lagos State’s journey towards a greener, more sustainable future, signaling a bold step towards enhancing energy access and promoting environmental stewardship.