Energy

Ogun State government has signed a Memorandum Of Understanding MOU, with a British Power Firm, as part of efforts to improve power generation towards unlocking more  economic potentials and attract more investors.

The state Governor, Prince Dapo Abiodun while signing the MOU with the British Power Firm in his Oke-Mosan, Abeokuta office said as a leading industrial State, there was need for the State to have constant power supply to serve existing companies and attract new ones.

Prince Dapo Abiodun signing the MOU

While noting that medium and small scale businesses rely on power to thrive, Governor Abiodun pointed out that self sufficiency in electricity would encourage artisans to venture into small scale businesses which would further boost industrial capacity of the State.

Governor Abiodun Speaks

Earlier, the British Deputy High Commissioner in Nigeria Mr. Ben Lienellyn-Jones who led the company’s delegation had said that the company was in the State to partner the state government in the area of energy, power and other businesses towards creating jobs for the people. 

Also, a director in the Company, Mr. Joel Abrams, said the company would provide 250 Megawatts of electricity to serve 50,000 residents and companies at the initial stage and would be improved upon subsequently.

Bolanle Adesida

Energy

Nigeria’s power sector has recorded its highest national peak of 5,459.50MW, the Transmission Company of Nigeria (TCN) has said.

In a statement issued on Friday, the General Manager, Public Affairs, TCN, Ndidi Mbah explained that this new record was achieved on Oct. 28.

“This milestone in generation is higher than any peak ever recorded in the nation’s power industry as at date,” the TCN official noted.

According to her, “The new peak surpasses the 5,420.30MW achieved on 18th of August, 2020 by 39.2MW.

“The Acting Managing Director, Mr Sule Ahmed Abdulaziz, commended all the players in the power sector value chain as a result of the feat.

“He attributed the gradual but steady improvement in the quantum of power delivery to collaboration by the sector players, as well as the unbridled effort by the Federal Government, through the Ministry of Power, in setting the right environment for seamless operations.”

PFM