FG receives $500m investment to boost power supply in Ogun-Lagos industrial zone

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Adebayo Adelabu, minister of power, says the Japanese International Cooperation Agency (JICA) has invested $500 million to boost power supply in the Ogun and Lagos axis.

Adebayo Adelabu, minister of power, says the Japanese International Cooperation Agency has invested $500 million to boost power supply in Ogun and Lagos.

“We also have the Presidential Power Initiative projects, the highlights of which include boosting power transmission infrastructure within and outside the Ogun industrial corridors,” he said. Adelabu urged Abiodun to collaborate with the ministry to impress on gas pipeline operators to improve the pipeline infrastructure passing through the state to boost the pressure quality and quantity of gas supplies to power plants and industries within the state.

In his remarks, Abiodun applauded the minister for the “overwhelming noticeable” improvements in power supply across the country.He also commended Adelabu on the ongoing turnaround being witnessed in the nation’s power sector and enjoined him to sustain the momentum, which he said would further galvanise the economy.

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