• About
  • Advertise
  • Contact
Saturday, August 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

Abia Secures $750mln World Bank Support For Renewable Energy

FG Awards Contracts Worth N68.7bln For Power Projects In Universities, Teaching Hospitals

President Tinubu Meets Chairmen Of GENCOS, Pledges To Resolve N4 trillion Longstanding Debt Claims

KERC Moves to Decentralise Mini-grid Power Generation, Distribution

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

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

FG Awards Contracts Worth N68.7bln For Power Projects In Universities, Teaching Hospitals

July 31, 2025
President Tinubu Meets Chairmen Of GENCOS, Pledges To Resolve N4 trillion Longstanding Debt Claims
Power

President Tinubu Meets Chairmen Of GENCOS, Pledges To Resolve N4 trillion Longstanding Debt Claims

July 25, 2025
KERC Moves to Decentralise Mini-grid Power Generation, Distribution
Power

KERC Moves to Decentralise Mini-grid Power Generation, Distribution

July 17, 2025
Amid Legal Battles Over Ownership, AMCON Sells IBEDC For N100billion
News

Amid Legal Battles Over Ownership, AMCON Sells IBEDC For N100billion

July 3, 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

Another Nigerian pilgrim dies in Saudi Arabia

3 years ago

Voter Registration : INEC Sanctions 23 Staff Over Attempt To Register Fake Voters

3 years ago
Buhari Visits Kogi Dec. 29 To Commission Bello’s Legacy Projects

Kogi Sets Up Committee To Enforce Supreme Court Judgment On Validity Of Old N1,000, N500 Notes

2 years ago
Abuja Chief Pharmacist Sentenced To Life Imprisonment For Rape/Sodomy, NAPTIP Lauds Judiciary

Supreme Court Dismisses Achimugu’s Suit Against Kogi APC Governorship Candidate, Ododo

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
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections 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
No Result
View All Result

Highlights

Edo Governor, Monday Okpebholo Wins Best Governor On Infrastructure Development Award

Climate Change : Group Trains Community Leaders On flood Impact, Mitigation In Taraba

Dangote Cement Re-trains 900 Truck Drivers To Boost Operational Efficiency

Japan Designates Kisarazu City As Hometown For Nigerians

FAAC Shares N2.001 July 2025 Revenue To FG, States, LGs

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears

Trending

Nigeria’s Army Generals : Battle -Tested Leaders In An Age Of Complex Warfare By Williams Charles Oluwatoyin PhD
News

Fulani Community Condemns Killing Of Two Soldiers In Taraba

by Vital News
August 23, 2025
0

By Saidu Adamu Jalingo The Fulani community in Karim Lamido local government area of Taraba State has...

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

Oyo Disburses ₦600mln Compensation To Owners Of Properties Affected By Ibadan Circular Road Project

August 23, 2025
Train Services On Warri–Itakpe Rail Corridor To Resume Soon – Railway Corporation

Train Services On Warri–Itakpe Rail Corridor To Resume Soon – Railway Corporation

August 23, 2025
Edo Governor, Monday Okpebholo Wins Best Governor On Infrastructure Development Award

Edo Governor, Monday Okpebholo Wins Best Governor On Infrastructure Development Award

August 23, 2025
Midterm Performance : Taraba State Rated Least In IGR, Good Governance

Climate Change : Group Trains Community Leaders On flood Impact, Mitigation In Taraba

August 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

  • Fulani Community Condemns Killing Of Two Soldiers In Taraba August 23, 2025
  • Oyo Disburses ₦600mln Compensation To Owners Of Properties Affected By Ibadan Circular Road Project August 23, 2025
  • Train Services On Warri–Itakpe Rail Corridor To Resume Soon – Railway Corporation August 23, 2025

Categories

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