August 10, 2024
Adedoja Adesoji
The Japanese International Cooperation Agency (JICA) has invested a whooping sum of $500 million into Lagos and Ogun power sector.
The investment aims to boosts the distribution of power supply in the states.
This was contained in a statement by the Minister of Power, Adebayo Adelabu, who revealed the investment during a courtesy visit from Ogun Governor Dapo Abiodun.
In a statement released by his Special Adviser on Strategic Communication and Media Relations, Bolaji Tunji, on Friday highlighted the importance of this investment as a major boost to Nigeria economy.
Tunji quoted Adelabu, saying the investment aims to improve the transmission infrastructure along the Lagos–Ogun Industrial Corridor.
The investment will specifically target the Agbara, Mowe, and Sagamu industrial clusters.
Adelabu also mentioned the Presidential Power Initiative (PPI) projects, which focus on enhancing power transmission infrastructure both within and beyond the Ogun industrial corridors.
Additionally, ongoing projects by the Transmission Company of Nigeria (TCN) aim to improve power supply to Ogun.
These efforts will involve constructing new power transmission substations, upgrading existing ones, reconductoring weak high voltage power lines, and extending capacity for expansion, according to Adelabu.
He encouraged Governor Abiodun to work with the ministry to urge gas pipeline operators to upgrade the pipeline infrastructure in the state, thereby improving the quality and quantity of gas supplies to power plants and industries.
Adelabu committed to visiting Ogun officially, as requested by the governor, to engage with local industrialists and explore potential areas of cooperation.
Governor Abiodun praised the minister for the notable improvements in power supply across the country.
He commended Adelabu for the progress in the power sector and encouraged him to maintain this momentum, which he believes will further stimulate the economy.
“I came to visit, but I must commend you for your remarkable achievements in the power sector. It is important to continue this positive trend,” Abiodun said.
He also requested special attention to enhance power infrastructure and supply to Ogun, a key industrial hub.
The governor acknowledged that Adelabu had previously visited several major industries and power plants in the state, including Momas Electricity Meters Manufacturing Company, Coleman Wires and Cables, and Splendor Electric, as well as the Olorunsogo NDPHC/NIPP power plant in Papalanto. “There is still much more to show you,” he added.
Abiodun emphasized that the minister’s visit would allow him to connect with industrialists in Ogun.
