The company currently has an on-grid licence for 685MW but generates 191MW of electricity.
Residents of gated housing estates across Lagos are confronting electricity bills that have more than doubled, and in some cases tripled, in a matter of months, as mounting dependence on diesel alternatives and the chronic failure of Nigeria's national grid force private power operators into an increasingly costly corner.
Management notices circulating among estate communities in recent weeks tell a consistent story. One letter, addressed to residents of a Lagos estate, announced a blended energy tariff increase from N360 per kilowatt-hour t
