Lagos State Government and a United Kingdom firm, Low Energy Designs Limited, on Monday entered into an agreement to construct 10,000 streetlights covering 300 kilometres across the state.
The deal, which also includes the provision of about 500 jobs and construction of LED lighting and Hybrid Energy Power Assembly Plant in Epe, is estimated at $7m (about N2.52bn), and is expected to be delivered in the next 12 months.
Speaking at the signing of a Memorandum of Understanding on the partnership at the Lagos House, Alausa, Ikeja, Governor Akinwunmi Ambode said the development was a positive paradigm shift in the provision of streetlights for the state.
Ambode, who was represented by the Commissioner for Energy and Mineral Resources, Mr. Olawale Oluwo, said the successful commencement of the partnership signposted positive progress to the Light Up Lagos Project.
He said, “We have about 33 ,000 streetlights in Lagos under the Lagos State Electricity Board. Now, the LED UK will give us about 10 ,000 streetlights.
So, technically, they are going to be having about 31 per cent of our entire streetlight infrastructure and this is a significant development.”
Earlier, Chief Executive Officer of LED UK Limited, Mr. Alan Parker, said over the next 12 months, a British and Nigerian consortium would work to repair major roads in the state with the urban regeneration project in Ikoyi, Ikeja and Victoria Island.
“The N7m LED lighting and Hybrid Energy Power Assembly Plant in Epe will also offer testing, training and education programmes on renewable technology,” Parker said.