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ARTICLE · 11 SEPTEMBER 2024

Power Sector Q3 Updates

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The Lagos State House of Assembly is currently considering the Lagos State Electricity Bill 2024 (the "Bill"). This is sequel to the recent amendment of the 1999 Constitution...

NigeriaEnergy and Natural Resources
Ayo Salami
Ayo Salami
Martins Arogie
Martins Arogie
Ayo Soyinka
Ayo Soyinka
Ikechukwu Odoh
Ikechukwu Odoh

Lagos State Electricity Bill to establish Lagos Electricity Market and abolish estimated billing1

The Lagos State House of Assembly is currently considering the Lagos State Electricity Bill 2024 (the “Bill”). This is sequel to the recent amendment of the 1999 Constitution which moved electricity to the concurrent legislative list and the subsequent passage of the Electricity Act 2023 (as amended) which allows States enact their own electricity laws. The Bill, which will repeal the Electric Power Sector Reform (EPSR) Law, 2018, when passed into law, aims to transform Lagos State's electricity supply industry. It will also address key pertinent issues such as electricity blackouts, estimated billing, and establish a comprehensive framework for the administration of a Lagos State electricity market. Some of the key highlights of the Bill include the establishment of Lagos State Electricity Regulatory Commission (LSERC) and the Lagos State Electrification Agency (LEA). It

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