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Lagos Restates Commitment To Participation In Clean Energy Development

by Chika Izuora
1 day ago
in News
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Lagos State government has reaffirmed its position regarding promoting private sector participation in its ongoing clean energy development.

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The State Governor, Babajide Sanwo-Olu, who gave the assurances on Monday at the opening of the 19th edition of the OTL Africa Downstream Energy Week, under the theme “Energy Sustainability: Growth Beyond Boundaries & Competition.” said the Lagos State Electricity Policy and the Lagos Energy Transition Plan, are geared towThe ards expanding access to clean energy, promote private involvement, and establish Lagos as a leading example of subnational leadership in Africa’s energy transition.

“As the Chief Host, I want to reaffirm Lagos State’s dedication to collaborating with platforms like OTL Africa, which bring together policymakers, regulators, investors, and innovators to create a sustainable and thriving energy future,” the Governor said.

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The Governor, who was represented by the Commissioner for Energy in Lagos State, Mr Biodun Ogunleye, recalled that the state government has seen incredible progress through this platform.

Citing examples, Sanwo-Olu, recalled that Mainland Oil and Gas recently announced multi-billion-naira investments in Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) distribution and regional growth.

He also mentioned Rainoil Limited, which has maintained its partnership with OTL for over a decade, demonstrating its commitment to enhancing energy access in Africa.

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Additionally, global tech leaders like Dover Fueling Solutions have unveiled cutting-edge forecourt automation and digital innovations at this event, pushing modernisation in Africa’s fuel retailing and logistics sectors.

The governor said these examples highlight the incredible strength of collaboration at the conference, especially in envisioning a future where sustainability, innovation, and inclusivity shape the African energy landscape.

He added that the summit also serves as a reminder that progress is not a competition but a collective journey filled with ideas, investments, and shared visions.

Sanwo-Olu recalled that for nearly twenty years, OTL Africa has stood as the continent’s leading platform for discussions on downstream and midstream energy, showcasing technology and fostering business partnerships, adding, “We in Lagos take pride in hosting this global event, which has found a home in our city for nearly every edition since it began. This lasting connection reinforces Lagos’s status as sub-Saharan Africa’s energy and logistics capital, a true hub of innovation, enterprise, and strategic investment.”

He stressed that OTL Africa’s journey is marked by real impact and forward-thinking results, noting, “Over the years, this platform has played a crucial role in shaping the agenda for downstream development across Africa — sparking reforms, attracting investments, and fostering discussions that have led to meaningful change.”

 

 

 

 

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