By Emmanuel Kwada
Dr. Deji Adeleke, father of renowned Nigerian singer Davido, has revealed that his company generates a whopping 15% of Nigeria’s electricity. But that’s not all – he’s taking it to the next level by building the biggest thermal power plant in Nigeria, valued at $2 billion.
The massive project, located in Ajebandele village, Ondo State, will boast an impressive 1,250-megawatt capacity, significantly boosting Nigeria’s power supply. The project, which commenced a few years ago, has already created jobs for over 1,000 people, with a minimum of 200 to 300 positions reserved for locals from the village.
However, the project faced a setback when looters invaded the site, stealing components of the turbine machines worth $5 million. This unfortunate incident may delay the project’s completion by a year.
Despite this challenge, Dr. Adeleke remains committed to his vision of contributing to Nigeria’s power sector. His company’s existing contributions are already making a significant impact, and the new power plant is expected to launch in January 2025.
Project is expected to have a transformative impact on Nigeria’s economy and energy landscape, and its completion will be eagerly anticipated
This is a massive step towards bridging Nigeria’s energy gap and powering the nation’s growth. Dr. Adeleke’s investment is a testament to his dedication to Nigeria’s development and his commitment to providing sustainable energy solutions.
Dr. Adeleke’s project is expected to have a transformative impact on Nigeria’s economy and energy landscape, and its completion will be eagerly anticipated.
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