Governor Babatunde Fashola of Lagos State says the state is looking towards exploring nuclear energy as alternative power generation source for the state to boost power supply considering the crisis in the power sector.

Fashola spoke at the 4th Corporate Assembly, tagged: BRF Meets Business, held at the Lekki Free Zone, Lekki, Lagos, southwest Nigeria on Tuesday.           

According to Fashola, the government was aware of the significance of power supply to economic development in the state and was determined to explore all possibilities to addressing the challenge.

He stated that the decision to explore the option of nuclear energy came in during the last Lagos Economic Summit, adding that at the Monday’s State Executive Council Meeting, members of the cabinet spent a colossal amount of time to deliberate on the nuclear energy option and how it could be deployed within the next 15 to 24 months.

“That shows you how we intend to address issues of power in the state. We sat down with one of the foremost practitioners, who is a Nigerian and he took us through all the protocols that is needed for the establishing because in less than three years, especially when we need not do distribution but places like the Lekki Free Zone can have the nuclear power between 15 and 24 months,” he said.

The governor also told the gathering that most of the regulations guiding their business operation in the state were derived from laws inherited by the government, but noted that some of such laws might require modification, urging them to be on the side of the law, while they continue to engage government on grey areas.