… vows additional N20,000 daily for continued non-compliance

Oredola Adeola

The Lagos State Electricity Regulatory Commission (LASERC) has activated Order No. LASERC ORDER/001/2025, prohibiting all individuals and entities from undertaking electricity-regulated activities within Lagos State without a valid license or permit issued by LASERC.

Vowing to enforce penalties including fines of not less than N20 million and an additional N20,000 for each day that Violators face and unlicensed operators for continued non-compliance.

Mrs. Adetola Idowu, Deputy Director, Public Affairs Unit, Ministry of Energy and Mineral Resources (MoE&MR), made this known in a statement obtained by Advisors Reports on Monday.

Dr. Fouad Animashaun, CEO/Executive Commissioner of LASERC, confirming the statement, said, “The Order reinforces LASERC’s mandate to ensure a safe, efficient, and reliable electricity market in Lagos.

“We are committed to upholding global standards and protecting electricity users and investor interests in the evolving power sector,” LASERC CEO/EC said.

According to the Deputy Director, MoE&MR, the enforcement is sequel to the formal issuance of the Order No. LASERC ORDER/001/2025, establishing the regulatory framework for electricity market operations within Lagos State.

She stated that the Order marks the official conclusion of the transition period for the transfer of regulatory oversight from the Nigerian Electricity Regulatory Commission to LASERC, as stipulated in the Electricity Act 2023 and the Lagos State Electricity Law 2024.

The Order, which takes immediate effect, prohibits all individuals and entities from undertaking regulated electricity activities within Lagos State without a valid license or permit issued by LASERC.

The Commission emphasized that holding a license from any other regulatory body will not exempt violators from liability under the new regulatory regime.

According to the Order:

“All unlicensed operators must immediately cease regulated activities and apply for appropriate licensing from the Commission.

“Violators face penalties including fines of not less than N20 million and an additional N20,000 for each day of continued non-compliance.

“Entities uncertain about their regulatory status are encouraged to seek official clarification from the Commission.

“The Order also affirms the continued applicability of existing national regulatory instruments — including tariff guidelines, grid codes, safety standards, and metering regulations — as binding on all electricity licensees operating within Lagos State, pending any amendment or further directive from the Commission,” the Order reveals.