…explores mining, hydrocarbon cooperation with Morocco
The Ogun State Governor, Prince Dapo Abiodun, has called for partnership with the management of Power Africa to realise his administration’s vision of providing 24/7 affordable and reliable electricity in the state.
The governor met with the management of Power Africa at the just concluded Africa Investment Forum, which was held in Rabat, Morocco.
According to Prince Abiodun, the meeting aimed to enhance Ogun State’s energy infrastructure and provide reliable electricity to its citizens, industries, and businesses.
Power Africa is an initiative focused on increasing access to electricity in Sub-Saharan Africa, leveraging investments and public-private partnerships to boost energy generation, transmission, and distribution.
The meeting explored opportunities to attract investments, strengthen capacity building, and enhance technical expertise for the newly established Ministry of Energy.
According to the Governor, Ogun State is committed to achieving energy self-sufficiency through innovative initiatives in gas-to-power projects and renewable energy solutions.
He expressed optimism about collaborating with Power Africa to meet the state’s growing energy demands while fostering sustainable development.
Prince Abiodun also held a strategic meeting with the Chief Executive Officer (CEO) of the Office of Hydrocarbons and Mines of Morocco to explore potential partnerships in the mining and hydrocarbon sectors.
This meeting comes on the heels of Ogun State’s recent designation as a frontier state by the Nigerian National Petroleum Corporation Limited (NNPCL), highlighting the state’s growing significance in Nigeria’s energy landscape.
The discussions focused on identifying collaborative opportunities that could unlock Ogun State’s vast mineral and hydrocarbon potential.
Governor Abiodun emphasized the importance of strategic partnerships in driving sustainable economic growth and development, noting that this initiative aligns with his administration’s vision for a more prosperous Ogun State.
Prince Abiodun had earlier met with the President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, where he spoke about the investment opportunities that abound in the state, especially in livestock value addition, timber processing, renewable energy, and investments in the power sector.
Prince Abiodun also mentioned that Ogun State is exploring opportunities for the establishment of an automotive assembly plant and extending the Lagos red and blue rail lines from Agbado to Kajola and from Okokomaiko to Agbara/Lusada, as well as the Purple Line, with its route extending to the Redeemed Camp on the Lagos-Ibadan expressway.
KEY TAKEAWAYS The Office of the Auditor-General for the Federation said it could not verify…
