Lagos signs three power purchase agreements designed to build on existing capacity and address what has not been working..
Fenchurch Power will support our major water facilities in Adiyan and Iju. Mainland Power will continue serving Ikeja, Oshodi, and Anthony, with room for expansion. Viathan will maintain stable power supply to key facilities on the Island as we strengthen its integration with the distribution network.
We have updated these agreements to reflect current market realities. We will no longer pay for power that is not delivered. Payments are now tied to actual, metered supply, helping us reduce waste and manage costs more effectively.
This means more reliable power for public infrastructure, better use of state resources, and a clear path to scale capacity over the next few years.
