The Ogun state government and a British Power Firm, Konexa, has inked an agreement for the construction of an industrial hub that will increase supply of electricity in the state.
The state governor said the idea is to unlock state economic potentials and attract more investors.
A director of Konexa, Mr Joel Abrams, told newsmen at the signing of the Memoranda of Understanding (MOU) ceremony that 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.
Also during the signing event in his office at Oke-Mosan, Abeokuta, the governor, Dapo Abiodun, said as a leading industrial state, there was need for it to have constant power supply at all times to serve existing companies and attract investors.
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He said there was a nexus between industrial development as large, medium and small scale businesses rely on power to thrive, adding that self sufficiency in electricity would encourage artisans to venture into small businesses which would in future boost the industrial capacity of the state.
While enumerating some of the steps taken to provide enabling business environment, Abiodun said the state was also making headway in agriculture, information and communication technology (ICT) and youth empowerment.
Similarly, the State is also noted to be making headway in agriculture, information and communication technology (ICT) and youth empowerment.
“We are rebuilding our roads and providing affordable housing to our people and those who would want to come and invest in our State.
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“Currently we are embarking on the construction of 2,500 affordable houses across the State. We are also going to construct 10,000 houses that would go for between N1 million to N2 million.
“Our State is the largest producer of rice, cassava, poultry and even fish in the country. For us to harness all these potentials, we need adequate supply of electricity as this will encourage potential investors to come and invest in our State”, the Governor explained.
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.
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Earlier, the British Deputy High Commissioner in Nigeria Mr. Ben Lienellyn-Jones who led the company’s delegation said that the company was partnering with the state government in the area of energy, power and other businesses towards creating jobs for the people.
By Chibisi Ohakah, Abuja
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