The Lagos State Electricity Regulatory Commission (LASERC) has revealed plans to commence the pilot rollout of 24/7 electricity franchise zones across Lagos by October 2026 as part of efforts to transform the state’s electricity market.
The disclosure was made by the Commission’s Chief Executive Officer, Temitope George, during the commission’s maiden stakeholder engagement at The Cordis Hotel on Thursday.
The initiative forms part of LASERC’s Short-Term Regulatory Agenda, which outlines strategic milestones aimed at repositioning Lagos’ electricity market for efficiency, innovation, and reliability through 2030.
According to LASERC’s regulatory roadmap, the Commission plans to commission the first two or three Lagos 24/7 electricity franchise areas by October 2026, a major step toward piloting dedicated districts with round-the-clock power supply.
While specific locations have not yet been announced, the franchise zones are expected to improve electricity reliability, infrastructure management, and customer service while serving as test cases for broader market reforms.
The rollout is expected to mark the beginning of a more structured and performance-driven electricity market in Lagos.
A key component of LASERC’s reform programme is the Electric Eye of Lagos (EEL) Programme, an AI-enhanced advanced metering infrastructure aimed at delivering real-time visibility into electricity trading and power delivery. The framework design is expected by August 2026, with pilot deployment scheduled for October 2026.
By 2030, LASERC aims to reduce market losses below 10% and achieve over 97.5% electricity availability across Lagos.
Babajide Sanwo-Olu approved the constitution of LASERC in 2024 following the signing of the Lagos Electricity Bill 2024 into law, creating the regulatory framework for the state’s independent electricity market.
The law replaced the Lagos State Power Sector Reform Law of 2018 and established LASERC to regulate generation, distribution, and tariffs.
These reforms laid the institutional foundation for Lagos to pursue energy independence and more reliable electricity supply.
In April 2026, the Lagos State Government signed Power Purchase Agreements and concession deals with three independent power producers to expand generation capacity from less than 60MW to between 200MW and 400MW over the next few years.
These agreements are expected to significantly strengthen Lagos’ electricity generation base while improving transparency, accountability, and long-term market sustainability.