Lagos eyes LNG imports to launch private power plan
Nigeria’s most economically successful state wants to go it alone, improving gas feedstock supply in a bid to woo private power project investors
Lagos State is attempting to rewrite the rules of Nigeria’s power sector by developing an independent power project (IPP) programme, based on both pipeline gas and liquefied natural gas (LNG), that would also lead to the creation of its own mini grid within the national grid structure. The state envisages some 3 gigawatts (GW) of new gas-fired power capacity being deployed in the next three-to-five years, building on the 900 megawatts it already takes from the national grid. To achieve this, it wants to sanction the construction of 10 IPPs at strategic locations around the state, selling on the power at what will be "cost-reflective" tariffs, according to Wale Oluwo, the state's commission
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
