• About
  • Advertise
  • Contact
Thursday, October 23, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Power

Electricity Act : Odu’a Group To Partner S’West States On Power Generation, Distribution

Vital News by Vital News
July 12, 2023
in Power
0
Electricity Act : Odu’a Group To Partner S’West States On Power Generation, Distribution
Share on FacebookShare on Twitter

 

Ekiti – Bimbo Ashiru, chairman of Odu’a Investment Company said plans are underway to partner the governments of the six South-West states on power generation and distribution to improve power generation and distribution in the region.

Ashiru also said the group would soon begin oil exploration and production as part of efforts to boost the potential of the group, reposition it and as well sustain the legacies of the founding fathers.

The Odu’a boss, who spoke in Ado Ekiti, the Ekiti State capital, during a visit to Governor Biodun Oyebanji, also assured that the board and management were working round the clock to revive the group’s investments and establishments which had been abandoned.

He said that the decision to partner with the South-West governments on power followed President Bola Tinubu’s signing of the Electricity Law, which authorised states, companies and individuals to generate, transmit and distribute electricity.

RelatedStories

Gov. Ododo Approves Installation Of 500kva Transformers In 30 Kogi Communities

FG, GenCos Finalize Implementation Framework For ₦4 trillion Presidential Power Sector Debt Reduction Plan

Myself, Wike, State Lawmakers, Have Agreed To Bury The Hatchet, Fubara Says As He Resumes Office

NISO Blames Collapse Of National Grid On Tripping Of A Generation Company

This, he said, was to “boost electricity supply to the South-West and by extension enhance the commercial activities in the region”.

Read also: Africa50, signs solar project financing deal with International Solar Alliance

Ashiru said, “Odu’a won the marginal field OML 95 on Ondo State. That is one of the things we are working on,” adding that the group had entered into a partnership with an oil company for deeper and marginal exploration and production of oil with the aim of boosting fuel supply in the country.

“We have taken all the complaints made by the governor. We are going to work on them. In the next few years, Odu’a presence will be felt here in Ekiti State,” he said.

Oyebanji, in his remarks, expressed displeasure about the way Ekiti was being treated like a “second-class citizen” among Odu’a Group member states, saying all member states, as shareholders, must be treated equally in the scheme of things.

The governor lamented the neglect of Odu’a Textile premises in Ado Ekiti, which he said had been abandoned for criminals to live in, adding, “If you don’t need it, we need the place.

He said Odu’a businesses and establishments were cited in certain parts, saying, “I will not agree that businesses can’t thrive here in Ekiti if that is the reason we are being excluded”. (Businessday /vitalnewsngr.com)

Tags: acrgenerateOdu'aPower
Previous Post

FERMA To Repair 36,000km Federal Roads In Six Weeks

Next Post

Over 55,000 Nigerians Benefit From APPEALS Project — World Bank, FG

Vital News

Vital News

RelatedStories

Gov. Ododo Approves Installation Of 500kva Transformers In 30 Kogi Communities
News

Gov. Ododo Approves Installation Of 500kva Transformers In 30 Kogi Communities

October 20, 2025
Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN
News

FG, GenCos Finalize Implementation Framework For ₦4 trillion Presidential Power Sector Debt Reduction Plan

October 14, 2025
Myself, Wike, State Lawmakers, Have Agreed To Bury The Hatchet, Fubara Says As He Resumes Office
News

Myself, Wike, State Lawmakers, Have Agreed To Bury The Hatchet, Fubara Says As He Resumes Office

September 19, 2025
Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN
Power

NISO Blames Collapse Of National Grid On Tripping Of A Generation Company

September 10, 2025
Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN
Power

Abia Secures $750mln World Bank Support For Renewable Energy

August 21, 2025
Next Post
Over 55,000 Nigerians Benefit From APPEALS Project — World Bank, FG

Over 55,000 Nigerians Benefit From APPEALS Project — World Bank, FG

Imo guber : Group Lauds Anyanwu, Tips Him For Victory

NSF 2024 : Ogun Inaugurates 16-Memeber LOC, Appoints Bukola Olapade As Chairman, Adebayo Co-Chairman

NSF 2024 : Ogun Inaugurates 16-Memeber LOC, Appoints Bukola Olapade As Chairman, Adebayo Co-Chairman

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Mammoth Crowd As APC Holds Campaign Rally In Okene

Mammoth Crowd As APC Holds Campaign Rally In Okene

3 years ago
Russia Attaches Importance To Strengthening Relations With Friendly African Countries  – President Putin

Russia Attaches Importance To Strengthening Relations With Friendly African Countries – President Putin

12 months ago
Katsina Governor Hails Army Over Improved Security, Pledges Support

How We Spent N7.8bln On Security In 3 Months – Katsina Govt.

2 years ago

Kogi Guber Poll : No Election In Ogori-Magongo, Man Arrested With Filled INEC Results Sheets, N1mln Cash (videos)

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu US
No Result
View All Result

Highlights

Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

Trailer Crushes Female University Lecturer To Death In Lokoja

Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

FG Warns Buyers To Stay Off ARCEDEM, Radio Nigeria Land, Four Other Landed Property In Oyo

‎IMPI Revises Inflation Rate Projection To 14% From 17% For December

Trending

Olubadan Set Up Committee To Revamp Moribund Industries, Revamp Abandoned Ibadan Urban Renewal Programme
Economy

Olubadan Set Up Committee To Revamp Moribund Industries, Revamp Abandoned Ibadan Urban Renewal Programme

by Vital News
October 23, 2025
0

The Olubadan of Ibadanland, Oba Rashidi Adewolu Ladoja has set up a committee to revamp moribund industries...

Your Exit Will Not In Anyway Affects Fortune Of PDP – Makinde To Atiku

Oyo Dares FG Over Lands, Says ARCEDEM, Radio Nigeria, NTA, NIHORT Lands Acquired In Public Interest

October 23, 2025
Professor Amupitan Resumes Office As New INEC Chairman

Professor Amupitan Resumes Office As New INEC Chairman

October 23, 2025
Dangote Denies Ownership Of Truck Involved In Enugu Accident

Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident

October 23, 2025
Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

October 23, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Olubadan Set Up Committee To Revamp Moribund Industries, Revamp Abandoned Ibadan Urban Renewal Programme October 23, 2025
  • Oyo Dares FG Over Lands, Says ARCEDEM, Radio Nigeria, NTA, NIHORT Lands Acquired In Public Interest October 23, 2025
  • Professor Amupitan Resumes Office As New INEC Chairman October 23, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In