Ogun Signs MoU with Konexa to Improve Electricity Supply the State

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Konexa

Ogun Signs MoU with Konexa to Improve Electricity Supply the State.

The Governor Dapo Abiodun-led Ogun State Government Wednesday signed a Memorandum of Understanding (MoU) with a British power firm, Konexa, at Oke-Mosan in Abeokuta.

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The Abiodun administration described Ogun State as an industrial hub of Nigeria and pointed out the need for an increased supply of electricity to unlock more of the state’s economic potentials and attract more investors to the Gateway State.

Konexa

Speaking at the signing ceremony of the MoU, Abiodun explained that 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.

The governor while enumerating some of the steps taken to provide enabling business environment, noted the re-engineering of infrastructure including roads and housing, saying the state was also making headway in agriculture, information and communication technology and youth empowerment.

Konexa

He said: “We are rebuilding our roads and providing affordable housing to our people and those who would want to come and invest in our state. 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.”

On township renewal, Abiodun while calling for collaboration from interested investors, noted the need for a total remodeling of Ibafo-Mowe axis as well as Ado-Odo/Ota corridor, as these towns were allowed to grow without proper planning.

He expressed the hope that the MoU between Ogun State and Konexa would be mutually beneficial, as the state government was looking forward to tapping from its expertise for the good of the people.

In his remarks, the British Deputy High Commissioner in Nigeria who led the company’s delegation, Ben Lienellyn-Jones, said the company was in the state to partner with government in the area of energy and power and other businesses to create jobs for the people.

He said the company was inspired by the vision and steps taken by the Abiodun administration in liberalising the economy and providing a business friendly environment that support investors.

Also speaking, a Director in Konexa, Joel Abrams, said the company would focus on making available 250 megawatts of electricity to serve 50,000 residents and companies at the initial stage and would be improved upon subsequently.

Personnel Head, Ibadan Electricity Distribution Company, Mr. Ademola Adewumni, on his part, maintained that with the coming of the company, there would be improved and quality supply of electricity in the state, assuring that his firm would provide the needed support in the areas of supply and distribution.

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