THE Lagos State Governor, Mr Olusola Babajide Sanwo-Olu has approved the procurement of 20,000 prepaid energy meters for low-income communities in the state.
According to media reports, this development was declared by the State’s Commissioner for Energy and Mineral Resources, Biodun Ogunleye, at the 2024 ministerial press briefing on Wednesday, May 8, 2024, to mark the second term in office of Governor Sanwo-Olu at Alausa, Ikeja.
According to him, the development was to improve the rural electrification programme of the State.
“Approval was further expanded to utilise funding to catalyse full metering across the State via collaborations with electricity Distribution Companies in Lagos and a leading smart metering solution company, ElSewedy Electric,” he said.
Ogunleye also revealed that the sum of ₦3.911bn was realised since it became an oil-producing state despite production being hampered due to challenges faced by the company managing its exploration.
According to Ogunleye, Lagos State, which joined the league of oil-producing states in the country in 2016, has received a total of ₦3.911bn as its share of the 13 per cent derivation fund.
