The Lagos State Government, through the Lagos State Electricity Regulatory Commission (LASERC), has reaffirmed its commitment to deepening smart regulation and strengthening the Lagos electricity market as it hosted the maiden edition of its Stakeholders’ Engagement Forum.
At the event held on Thursday, May 7, 2026, at Cordis Hotel, the Chief Executive Officer and Executive Member of LASERC, Mrs Temitope George, described the forum as a defining moment in the evolution of Lagos State’s electricity sector.
She said the event was a demonstration of the Commission’s commitment to transparency, collaboration, and stakeholder inclusion.
According to her, the engagement marks the beginning of a new regulatory era focused on building a functional, efficient, innovative, and consumer-centred electricity market capable of supporting Lagos State’s growing economic ambitions.
George reiterated LASERC’s vision of becoming a leading electricity regulator by facilitating sustainable electricity development and enhancing the quality of life for all residents of Lagos State. She further stated that the Commission remains committed to setting and enforcing standards, safeguarding consumers, enabling investments, supporting innovation, and promoting clean energy solutions across the state.
She also stressed that consumer protection remains a major pillar of the Commission’s mandate.
In line with this commitment, she disclosed that LASERC is establishing zonal offices in Ikorodu, the Amuwo Odofin/Badagry axis, and the Sangotedo/Epe axis to improve complaint resolution and enhance access to regulatory services across the state.
The offices are expected to become operational in the third quarter of the year.
George emphasised that sustainable progress within the electricity sector can only be achieved through strong partnerships, shared responsibility, and continuous stakeholder engagement.
A major highlight of the engagement was the presentation on the regulatory agenda, market performance highlights, retail service code, and Order delivered by the Chief Executive Officer, Mrs Temitope George; the Executive Member, Licensing and Economic Regulation, Olakunle Falola; the Executive Member, Engineering and Standards, Adekunle Olopade; and the Lagos Independent System Operator (LAISO) Network Operator, Adetunji Adesanya.
Their presentations provided stakeholders with valuable insights into the Commission’s regulatory agenda, as well as immediate, short-term, and medium- to long-term strategic initiatives designed to strengthen the Lagos electricity market.
The session further highlighted LASERC’s commitment to smart regulation, operational efficiency, consumer protection, safety standards, and improved service delivery within the sector.
As part of the event, the Board Chairman, Alexander Ogunbiyi, presented 14 licences/permits to compliant stakeholders and operators in recognition of their adherence to regulatory requirements and industry standards.
The event also featured stakeholder contributions and interactive discussions focused on addressing industry challenges and exploring pathways for sustainable sector growth.
The engagement brought together key stakeholders across the electricity value chain, including development partners, market operators, investors, community representatives, artisans, consumer groups, and members of the media.
Those granted licences include:
Axxela Limited Daybreak Power Solutions Limited – Cadbury Nigeria Plc, Agidingbi, Lagos (5.8MW)
Daybreak Power Solutions Limited – Seven-Up Bottling Company, Oregun, Ikeja, Lagos (4,694kWp)
Daybreak Power Solutions Limited – Crown Flour Mill Limited, Olam, Ikorodu, Lagos (1,200kWp)
Daybreak Power Solutions Limited – Nigerdock FZE, Snake Island, Lagos (1,400kWp)
Daybreak Power Solutions Limited – Nigerian Breweries, Iganmu, Lagos (4,200kWp)
Daybreak Power Solutions Limited – Nigerian Bottling Company Limited, 1 NBC Plant, Lateef Jakande Road, Ikeja, Lagos (2,000kWp)
Daybreak Power Solutions Limited – Promasidor Nigeria Limited, Isolo Industrial Estate, Isolo, Lagos (2,730kWp)
Isolo Power Gen Limited – 110/114 Apapa-Oshodi Expressway, Isolo, Lagos (9MW)
Isolo Power Supply Limited – 110/114 Apapa-Oshodi Expressway, Isolo, Lagos (IEDN)
New Hampshire Capital Limited – No. 7 Jeff Obafor Street, Lekki, Lagos (Meter Asset Provider)
GossLink Engineering Limited – 254B Ikorodu Crescent, Dolphin Estate, Ikoyi, Lagos (330KV and below)
GossLink Engineering Limited – 254B Ikorodu Crescent, Dolphin Estate, Ikoyi, Lagos (400V and below vendor licence)
GossLink Engineering Limited – 254B Ikorodu Crescent, Dolphin Estate, Ikoyi, Lagos (400V and below importation licence)
Enaro Energy Mini-Grid Limited – Ishokan Phase 1, Mercyland Phase 1, Ayobo Ipaja, Lagos (Interconnected Mini-Grid)
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