Latest News

I generate about 15% of Nigeria’s electricity — Davido’s father, Deji Adeleke

Published by

Adedeji Adeleke, the father of award-winning Nigerian artiste, Davido, has revealed that his company, Pacific Energy, generates about 15% of Nigeria’s electricity. 

Adeleke disclosed this during the Seventh-Day Adventist Church’s General Conference Annual Council 2024, held on 15 October. 

The billionaire businessman highlighted his investments in the nation’s power sector, particularly focusing on his thermal power plant, which is expected to become fully operational by January 2025. 

He further noted that Chinese engineering firms are involved in the construction of the plant, which, upon completion, will be the largest thermal power plant in Nigeria, with a capacity of 1,250 megawatts.

In one of the videos of the conference shared by Davido on his X account on Wednesday, Adeleke said partly, “I’m in the electricity business, I own power plants. I generate about 15 per cent of Nigeria’s electricity. I’ve Chinese engineering companies that work for me. I am building the biggest thermal power plant in Nigeria to be launched in January 2025. It’s a 1250MW power plant.”

Reacting to the development, the governor of Osun State, Ademola Adeleke, who is a brother to the billionaire businessman, took to his X account to pour encomiums on him over the development.

He tweeted, “Proud of my big bro always. My Chairman. Our parents always taught us to take everything to God in all that we do. I hope this testimony inspires others not to give up when faced with those trying to stand between them and their goals. This is why I dance to praise my God.”

READ ALSO FROM NIGERIAN TRIBUNE 

 

Recent Posts

VIDEO: WASSCE candidates write exam in darkness due to power outage

“It’s 9pm in Nigeria, just to let you all know. Some SS3 students started their…

1 minute ago

6 ‘hidden’ tourist destinations in Nigeria

Nigeria is blessed with a number of tourist destinations but while a good number of…

3 minutes ago

Electoral fraud: CSOs raise alarm over political interference in Prof Ogban’s conviction

“Until people begin to face real consequences for subverting the electoral process, Nigeria will continue…

8 minutes ago

Second anniversary: Tinubu declares economic reforms working

• Says only alternative to reforms was fiscal collapse • Reaffirms commitment to security, national…

12 minutes ago

Rep Abdullahi lauds Gov Bago’s vision, governance in Niger

“Under his stewardship, Niger State has witnessed a renewed focus on sectors that directly affect…

22 minutes ago

$21.5bn loan request is Nigeria’s external borrowing plan for 2024–2026, FG clarifies

The Federal Government has clarified that Tuesday’s $21.5 billion communication by President Bola Tinubu to…

28 minutes ago

Welcome

Install

This website uses cookies.