Billionaire businessman and father of music star Davido, Dr. Adedeji Adeleke, has disclosed that his ventures generate 15% of Nigeria’s electricity.
Key Highlights:
- 15% of Nigeria’s electricity needs met by Adeleke’s power plants
- Construction of 1,250-megawatt power plant, set to be Nigeria’s largest
- Project valued at $2 billion, with Afrexim Bank of China involved
- Completion expected by January, despite initial regulatory hurdles
Adeleke’s Speech at Seventh-Day Adventist Church’s General Conference:
“I’m proud to say that my power plants generate about 15% of Nigeria’s electricity… We’re building a 1,250-megawatt power plant, the largest thermal power plant in Nigeria.”
Overcoming Challenges:
Adeleke shared how a government official initially denied permits, threatening the project. However, divine intervention and persistence led to the then Minister of Power granting approval.
Testament to Faith and Perseverance:
“This project is a testament to God’s mercy… Prayer worked, and we’re nearing completion.”
Source: Vanguard News