Monday, June 8, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Energy

Lagos Electricity Regulator Flags 38 Companies Over Licensing Non-Compliance

byAdedipe Temilolaoluwa
June 8, 2026
in Energy, News
0
2
VIEWS
Share on FacebookShare on Twitter

The Lagos State Electricity Regulatory Commission (LASERC) has identified 38 companies operating electricity facilities across the state that have not complied with the state’s licensing and regularisation requirements despite several reminders and directives.

According to the commission, the affected companies collectively operate power generation facilities with a combined capacity of nearly 600 megawatts. Many of these firms were originally licensed under the federal electricity regulatory system managed by the Nigerian Electricity Regulatory Commission (NERC), but have not yet completed the necessary registration process under Lagos State’s electricity regulatory framework.

The companies operate in different segments of the power sector, including captive power generation, embedded generation, independent electricity distribution networks, mini-grids, and off-grid power systems. Their operations serve industrial, commercial, and residential areas across Lagos.

In a public notice, LASERC stated that the companies have not taken the required steps to obtain state-level approvals despite continuous engagements and official communications from the commission.

The regulator warned stakeholders and members of the public that the listed firms are yet to secure the appropriate licences and regularise their operations as required by Lagos State laws governing electricity activities.

Among the companies named is First Global Commerce Solutions Limited, which operates a 77-megawatt captive power plant in Ebute-Meta. The facility is one of the largest on the list of companies yet to complete regularisation.

Flour Mills Nigeria Plc was also listed for its 74.5-megawatt captive power facility located in Apapa. Lekki Port LFTZ Enterprise Limited, which operates a 30-megawatt power facility in the Lagos Free Trade Zone, was equally identified among the affected companies.

Another major operator, Irele Energy LFZ Enterprise, holds an embedded generation licence for a 50-megawatt facility in Ibeju-Lekki. Geogrid Lightech Limited was also mentioned for its 30-megawatt power project serving industrial operations in Lagos.

Telecommunications giant MTN Nigeria appeared multiple times on the list due to several captive power installations located in Apapa and Ojota. The company operates facilities with capacities ranging from 3.46 megawatts to 5.4 megawatts that are yet to be regularised under the Lagos regulatory system.

Golden Penny Power Limited also featured prominently, with three power plants located in Surulere and Apapa. Together, the facilities account for more than 115 megawatts of generation capacity.

Other companies listed include African Steel Mills Nigeria Limited, CHI Limited, CCK Electric Power Technology Company Limited, Uraga Power Solutions Limited, Contour Global Solutions Nigeria Limited, and Daybreak Power Solutions Limited.

LASERC also highlighted several operators of independent electricity distribution networks and mini-grid projects that have not completed the required registration process.

The commission warned that continued failure to comply with regulatory requirements could lead to sanctions and enforcement actions as provided by law. It urged all affected companies to complete the necessary licensing procedures without delay to avoid penalties and ensure uninterrupted operations.

LASERC was created following the implementation of Nigeria’s Electricity Act 2023, which granted states greater authority to regulate electricity generation, distribution, and retail activities within their territories.

Since its establishment, the Lagos regulator has been working to strengthen oversight of electricity operators within the state. The latest notice indicates that a significant number of companies are still adjusting to the new regulatory environment and have yet to align their operations with Lagos State’s electricity laws.

Tags: Electricity RegulationEnergy SectorFlour Mills NigeriaLagos electricityLagos StateLASERCMTN NigeriaNigerian Electricity MarketPower GenerationPower Licences
Adedipe Temilolaoluwa

Adedipe Temilolaoluwa

Next Post

Nigeria Eyes €59m Ocean Programme to Tackle Illegal Fishing and Boost Blue Economy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigerian Among Injured as UAE Intercepts Iranian Missiles Amid Escalating Gulf Conflict

Nigerian Among Injured as UAE Intercepts Iranian Missiles Amid Escalating Gulf Conflict

3 months ago

Nigeria Borrows Beyond Target as Capital Projects Suffer Massive Funding Gap

1 week ago

Popular News

  • SROL Expands Cocoa and Plantain Rehabilitation Support in Osun

    SROL Expands Cocoa and Plantain Rehabilitation Support in Osun

    0 shares
    Share 0 Tweet 0
  • Nigeria Eyes €59m Ocean Programme to Tackle Illegal Fishing and Boost Blue Economy

    0 shares
    Share 0 Tweet 0
  • Lagos Electricity Regulator Flags 38 Companies Over Licensing Non-Compliance

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Trade Sector Attracts $65.8 Million in Foreign Investment as Investor Confidence Grows

    0 shares
    Share 0 Tweet 0
  • Wema Bank Suspends X Engagements Over Rising Fraud and Impersonation Risks

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .