JMG Limited Powers 2025 BusinessDay Energy Conference, Reaffirms Commitment to Sustainable Energy Solutions
LAGOS, NIGERIA — JMG Limited, a leading provider of electro-mechanical and renewable energy solutions, played a key role in powering the 2025 BusinessDay Energy Conference, underscoring its long-standing commitment to driving innovative and cost-effective energy solutions across Nigeria.
Held on Tuesday, June 24, 2025, at the Wheatbaker Hotel in Ikoyi, Lagos, the conference gathered energy industry stakeholders, government representatives, and financial institutions under the theme, “Powering the States: Navigating Nigeria's Decentralised Electricity Future.”
Among dignitaries present was the Honourable Commissioner for Energy and Mineral Resources in Lagos State, Engr. Biodun Ogunleye, who represented the state government. The event also featured executives of key energy and finance institutions.
JMG Limited, which has operated in Nigeria since 1998, continues to provide end-to-end energy solutions—from power generation systems to energy-efficient mechanical and electrical installations for homes, businesses, and government facilities. The company’s extensive portfolio includes cutting-edge renewable energy offerings aimed at helping clients transition toward sustainability.
Speaking at the event, Rabi Jammal, Group General Manager of JMG Limited, emphasized the company’s belief in energy decentralisation as a catalyst for efficiency and innovation within the sector. According to him, decentralisation empowers state governments to explore bespoke solutions for local energy challenges, while opening up opportunities for private sector collaboration.
“JMG has consistently delivered solutions that support power generation and energy sustainability across diverse sectors,” Jammal said. “We’re ready to support state-led initiatives through a wide range of tailored energy systems.”
In his address, Commissioner Ogunleye praised JMG for sponsoring the conference and acknowledged BusinessDay’s leadership in organizing a crucial dialogue on energy reform. He reaffirmed Lagos State’s commitment to expanding electricity access through favourable policies that encourage private sector participation.
Ogunleye highlighted the significance of the Electricity Act 2023, which repealed the Electric Power Sector Reform Act of 2005 and aims to decentralize Nigeria’s electricity market. “The new Act liberalizes the sector, promotes renewable energy, and encourages private investment. It also clearly defines the roles of federal and state governments in generation, transmission, and distribution,” he stated.
Earlier, BusinessDay CEO and Publisher, Frank Aigbogun, remarked that Nigeria is at a pivotal moment in its energy transition. He noted that despite having an installed generation capacity of over 11,000 megawatts (MW), only 4,000 to 5,000MW is consistently delivered to end users—far below the demand of a population exceeding 200 million.
“This conference is essential in charting a course for a more efficient, decentralised power sector,” Aigbogun said.
A panel session during the conference explored the readiness of various states to implement the decentralised power framework. It was revealed that Enugu State is leading the way with progressive policies and investor-friendly regulations. However, concerns were raised about overlapping regulatory jurisdictions and licensing hurdles for businesses operating across multiple states.
Panelists advocated for clarity on regulatory requirements and uniform licensing models to facilitate cross-state operations. They also emphasized the importance of creating attractive returns on investment to boost investor confidence in the emerging state-led electricity market.
The 2025 BusinessDay Energy Conference reinforced the need for collaboration between public and private stakeholders to unlock Nigeria’s full power generation potential—and JMG Limited’s participation reaffirmed its position as a critical player in that transformation.
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