Browsing: Babatunde Fashola (SAN)

Fashola said Lagos State has always produced Action Governors since the days of the first civilian governor of the State, Alhaji Lateef Jakande, noting that Sanwo-Olu, based on his quest to bring development to the people of Lagos State, is another Action Governor.

Themed: “For a Greater Lagos: Setting The Tone For The Next Decade,” Ehingbeti 2021 has drawn about 150 speakers from across the world to discuss and deliberate on pragmatic optimisation of the inherent opportunities in Africa’s fifth largest economy and offer perspectives on how to manage the peculiar socio-economic landscape of Lagos State in the coming decade.  

Fashola also advised the DisCos to pursue the debt issue in their capacities as Distribution Companies and not under the aegis of any association pointing out that although the Constitution guaranteed freedom of association, the privatization exercise that led to the transfer of the Distribution assets of power was not held between the Federal Government and any association but 11 individual companies

There is no doubt that electricity plays very important and indispensable functions in the life of the citizens of any nation, as well in the economic growth and development of any nation. Electricity power drives both social and economic life of the citizens, both in the public and private sector

Fashola, in his presentation of the main thrust of the Medium Term Sector Strategy 2016 – 2018 Budget proposals of his Ministry, explained that the objective is to ensure that ongoing projects in the six geopolitical zones of the country are completed within the shortest possible time

The meeting, which held at the Alagbon Transmission and Distribution Complex in Ikoyi, Lagos, had in attendance representatives of all the Power Generation Companies, Distribution Companies, the Transmission Company of Nigeria as well as various government agencies such as the Niger Delta Power Holding Company, Nigerian Bulk Electricity Trader, the Nigerian Electricity Regulatory Commission and the Nigerian Electricity Management Services Agency, which is responsible for the regulation and development of the electricity industry

Others areas include gas requirement and constraints, transmission constraints, 33KV load offtake, imbalances-locations of excess, overload safety, service quality, new captive and embedded generation, franchising and other issues relevant to the growth of the sector