The Lagos State House of Assembly has adopted the recommendations of its Joint Committee on Economic Planning and Budget; Energy and Mineral Resources in support of Governor Babajide Sanwo-Olu’s request for a solar-powered street lighting initiative.
The proposal seeks to replace existing public lighting infrastructure across the state with smart, all-in-one solar street light fittings, under an alternative financing arrangement to be executed through an Irrevocable Standing Payment Order (ISPO) to LEDCO Limited and LUG Limited.
The request was originally submitted by the Commissioner for Finance, Mr. Abayomi Oluyomi, and was subsequently referred to the Joint Committee for review. Presenting the committee’s findings on the floor of the House, Chairman Hon. Sa’ad Lukman Olumoh disclosed that relevant commissioners and ministry officials were invited to provide clarity on the project.
The Committee observed that the transition to solar energy would significantly reduce smoke emissions from diesel-powered streetlights, lower operational and maintenance costs, and align with the state’s smart city development agenda.
The project is expected to be fully funded by the contractors, with repayment secured via ISPO over a reduced period of 36 months. The Committee also urged the Lagos State Electricity Board to ensure equitable distribution of the solar street lights across all parts of the state.
Following the presentation, the House unanimously adopted the recommendations as amended and directed the Clerk, Barr. Olalekan Onafeko, to transmit a clean copy to Governor Sanwo-Olu for assent.
The House thereafter adjourned proceedings until Tuesday, July 1, 2025.
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