• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 2, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Expert Questions Lagos Power Regulation Shift

by Leadership News
2 months ago
in Business
Expert Questions Lagos Power Regulation Shift
Share on WhatsAppShare on FacebookShare on XTelegram

A power expert, Chinedu Bosah, has expressed doubts over transferring regulatory oversight from the Nigerian Electricity Regulatory Commission (NERC) to the Lagos State regulator.

Advertisement

The national coordinator of the Coalition for Affordable and Regular Electricity (CARE), Bosah, shared his concerns in an interview with the News Agency of Nigeria (NAN) on Wednesday in Lagos.

He stressed that the move would not significantly improve the electricity situation in Lagos, as it failed to address deeper issues in the power sector.

According to Bosah, the Lagos State Electricity Law of 2024 neglects the core inefficiencies in power generation, transmission, and distribution within the state.

He argued that without overhauling these sectors, shifting regulatory control merely changes authority, without bringing about meaningful reforms or policy changes.

RELATED

Chinedumuije Urges Tinubu To Stop Foreign Loans For Infrastructural Projects

Tech Expert Urges Business Owners To Use Data For Experiential Engagement

4 hours ago
Forum Salutes Tinubu, Umahi Over Infrastructural Development In North

Amid 2,669 Road Construction Projects, Engineers Blame Kickbacks For Failures

12 hours ago

“The real challenge facing Lagos, other states, and the Federal Government is achieving affordable and reliable electricity for all Nigerians,” Bosah stated.

He noted Nigeria’s electricity crisis stems from poor investment, and that without a clear plan to improve generation, transmission, and distribution, changes remain symbolic.

“For instance, Nigeria has an installed capacity of 14,000MW, but only about 5,000MW is currently generated,” Bosah pointed out.

He blamed this shortfall on high gas costs and the lack of key infrastructure for gas supply, as well as electricity transmission and distribution.

Bosah added that rising electricity tariffs, which most Nigerians cannot afford, further complicate efforts to solve the power crisis.

“Without effectively using our existing capacity, Nigeria cannot exceed 14,000MW. Yet we need at least 33,000MW to meet national energy demands,” he said.

Bosah questioned reliance on private investment to resolve the sector’s issues, noting the failure of privatisation over the last 11 years.

In spite of multiple government interventions and bailouts, Bosah said the power sector had seen little actual improvement in service delivery or infrastructure.

“Electricity is capital-intensive. Believing private investment alone will solve the problem is a mistaken idea disproved by a decade of experience,” he said.

He criticised the current tariff policy, claiming it favours the rich and middle class, focusing on profits rather than meeting broad public energy needs.

“There is no substitute for major investment in power. Every industrialised nation developed by first investing heavily in infrastructure,” Bosah stressed.

He argued Nigeria’s leaders cannot drive true industrialisation through regulation alone without massive public investment in power generation, transmission, and distribution.

Bosah urged both Lagos State and the federal government to rethink privatisation and commit to substantial public investment for real progress in the electricity sector.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Breaking NEWS: Nigerians can now earn in US Dollars, acquire ultra premium domains for low and sell for super profit. Our client acquired a domain for $3715 and got it sold for $42,000. Click here to see how you too can profit from the business.


Tags: Nigerian Electricity Regulatory Commission (NERC)
SendShareTweetShare
Previous Post

SPE Africa Groans Over Natural Gas Waste In Nigeria

Next Post

Annuitants Laud AIICO Insurance On N68.2bn Annuity Disbursement

Leadership News

Leadership News

You May Like

Chinedumuije Urges Tinubu To Stop Foreign Loans For Infrastructural Projects
Business

Tech Expert Urges Business Owners To Use Data For Experiential Engagement

2025/06/02
Forum Salutes Tinubu, Umahi Over Infrastructural Development In North
Business

Amid 2,669 Road Construction Projects, Engineers Blame Kickbacks For Failures

2025/06/02
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Stock Investors Gain N3.967trn In May Amidst Positive Returns

2025/06/02
NCAT Rector Raises The Alarm Over Shortage Of Funds For Capital Projects
Business

‘Foreign Students’ Surge At NCAT Boosts Federal Gov’t’s Forex Earnings’

2025/06/02
IWD: Female Employees Share Career Journey At Schneider Electric
Business

‘AI Key To Optimising Infrastructure Surge For Nigeria Data Centres’

2025/06/02
Analyst Hails Senate Over Passage Of Tax Reform Bills
Business

IMF, Analysts Caution Federal Gov’t Over Increasing Debt

2025/06/02
Leadership Conference advertisement

LATEST

FRSC Begins Probe Of Kano Athletes’ Accident

WBFA, Reckitt Nigeria Organise Hygiene Workshop, Induct Student Ambassadors

Sustainable Nigeria: Academy Urges Dialogue On startup Policy Hurdles

FERMA Needs N880bn Yearly For Road Maintenance — Minister

Sarri Rejoins Lazio As Head Coach For Second Spell

‘Amaechi Hungry For Power, Not Food’, Wike Slams Ex-Minister

Federal Gov’t Moves To End ‘419’ Scare, Cyber Fraud In Banking Sector

Borno CJ To Chair Nigeria’s First Justice Tech Hackathon, Accelerator Challenge

Fubara’s Feats In Rivers Outshine Peers Despite Political Crisis – Opposition Lawmakers

1,385 Children Recruited By Boko Haram From 2017 To 2019 — UNODC

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.