. Seeks Private Sector Partnerships
Lagos State Governor, Babajide Sanwo-Olu has called for strengthened partnerships with the private sector, young entrepreneurs, and local and international stakeholders to harness sustainable energy solutions in Lagos and beyond.
Speaking at the 18th OTL Africa Downstream Energy Week in Lagos, themed “Alliances for Growth,” Sanwo-Olu, represented by Energy and Mineral Resources Commissioner Biodun Ogunleye, highlighted the critical role of collaboration in driving innovation and building robust energy infrastructure.
Furthermore, the Governor urged stakeholders to prioritize cooperation over competition, sustainability over short-term gains, and resilience over complacency.
Sanwo-Olu emphasized Lagos State’s commitment to enhancing energy accessibility and sustainability, noting, “Our administration has tirelessly supported energy initiatives that promote accessible, affordable and sustainable power.”
He pointed to the state’s public-private partnerships and international collaborations as models of resilience and innovation.
He said, “From solar energy for street lighting to mini-grid development and the adoption of cleaner fuels for transportation, Lagos is building a future that is both greener and cleaner for all.”
The Governor acknowledged Africa’s vast energy resources, including natural gas and renewable energy, which offer significant investment opportunities. However, he stressed that realizing this potential requires an enabling environment that fosters growth, innovation, and inclusive participation.
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Sanwo-Olu reaffirmed Lagos State’s dedication to attracting investment and forming strategic alliances for the benefit of communities and the economy.
“We aim to build an energy landscape that encompasses every element—from exploration and production to storage, distribution, and retail,” he said.
He noted that the energy transition involves more than just replacing fossil fuels but about creating an integrated ecosystem with diverse energy sources.
“While we transition to low-carbon solutions, traditional fuels like natural gas, CNG and LPG will remain vital to ensuring security,” he explained.
Sanwo-Olu noted that the state is committed to investments in renewable energy projects, such as solar power, waste-to-energy plants, and mini-grids, seeing these as essential components of a sustainable energy ecosystem with long-term benefits.
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