Jare Olukotun
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 stakeholders engagement at The Cordis Hotel on Thursday.
According to the commission, the initiative forms a major component of its Short-Term Regulatory Agenda aimed at transforming Lagos into a more efficient, innovation-driven, and reliable electricity market by 2030.
Under the plan, LASERC intends to commission two or three dedicated electricity franchise districts that will enjoy round-the-clock power supply. While the specific locations have yet to be disclosed, the pilot zones are expected to serve as testing grounds for broader reforms focused on infrastructure management, service delivery, and market efficiency.
The commission also disclosed that Grid Interface Guidelines would be introduced by July 2026 to regulate interactions between Lagos electricity operators and federal electricity institutions.
In addition, LASERC plans to commence a statewide 100% grid and customer metering initiative by July 2026 to improve billing transparency and reduce estimated billing practices.
A major pillar of the reform programme is the “Electric Eye of Lagos” (EEL) initiative — an AI-powered advanced metering infrastructure designed to provide real-time monitoring of electricity trading and power distribution across the state. The framework design is expected by August 2026, while pilot deployment is scheduled for October 2026.
LASERC has also said that its complaint centres would open in Amuwo Odofin by August 2026, with additional centres planned for Ikorodu and Epe by September.
It is also revealed that the draft electricity market rules would be released by October 2026 ahead of final implementation in December and by 2030, the Commission aims to reduce market losses to below 10% while achieving over 97.5% electricity availability across Lagos.
Recall that the Governor of Lagos State, Mr Babajide Sanwo -Olu, signed the Lagos Electricity Bill 2024 into law, which established LASERC and created the legal framework for an independent electricity market in the state. The state government formally inaugurated the commission board.-Nairametrics
