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ARTICLE · 05 NOVEMBER 2025

Energy And Infrastructure Sector News October 2025

The Lagos State Electricity Regulatory Commission (LASERC) has licensed two new electricity distribution companies namely Excel Distribution Company Limited and IE Energy Lagos...

NigeriaEnergy and Natural Resources

ELECTRICITY SECTOR

LASERC Licenses New Distribution Subsidiaries Under Eko and Ikeja DisCos

The Lagos State Electricity Regulatory Commission (LASERC) has licensed two new electricity distribution companies namely Excel Distribution Company Limited and IE Energy Lagos Limited as subsidiaries of Eko Electricity Distribution Plc and Ikeja Electric Plc, respectively. The move marks a significant milestone in the implementation of the Lagos State Electricity Policy, promoting competition and private-sector participation within the Lagos Electricity Market.

FG and China in Talks Over $2 Billion Super-Grid Project

The Federal Government of Nigeria has commenced negotiations with China's Exim Bank for a $2 Billion loan to finance the construction of a national "super-grid." The project will strengthen transmission capacity, interconnect eastern and western power corridors, and provide stable electricity for industries and households. According to the Minister of

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