Governor Babjide Sanwo-Olu of Lagos State has said that the State will by 2030, produce 1gigawatt of Solar electricity.
According to Punch, the governor made this known on his verified Facebook Page on Tuesday, March 21, 2023, adding that the Project will be assisted with funds from the World Bank.
In this post, the Governor praised President Muhammadu Buhari for signing bills that grant States more freedom to discern in special areas like electricity, Railways and the Judiciary.
The governor continued that the bills would help the State stabilize electricity generation, transmission and distribution, and also create the Lagos Electricity Market, leading to increased access to electricity, investments and job opportunities.
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“We’re committed to achieving 1GW of solar energy in Lagos by 2030 and have engaged with the World Bank for suitable funding. With the creation of the Lagos Electricity Market, we’ll fulfill our potential as Africa’s model mega city.
“The devolution of powers for railways under the Constitution Fifth Alteration Bill No. 32 is a significant move for promoting local economic growth and development. It will open up investment opportunities and improve the transportation of goods and services.
“I’m excited about the next few years as Lagos takes more responsibility for our growth and the fulfillment of our potential.
