OGUN, CHINESE INVESTORS SIGN ENERGY DEAL

Ogun State Governor, Dapo Abiodun, has announced a new partnership with Chinese investors, Cteec, to strengthen the state’s energy infrastructure and industrial capacity. In a statement shared on X, the governor stated that discussions with the Jiangsu-based company focused on funding availability, technical capacity and the company’s readiness to deliver key energy projects for the state. According to Abiodun, the areas of collaboration include strengthening transmission and distribution within the state, establishing an industrial park that will attract Chinese manufacturers while integrating power projects, as well as their commitment to install a free 3MW power plant at the Gateway International Cargo Airport. The governor added that the delegation would inspect ongoing distribution infrastructure and power projects executed by Sahara and Powergen, as part of efforts to secure a reliable energy supply across the state. Meanwhile, Cteec already has an investment footprint of 100MW in Nigeria and now seeks to expand its operations, with interest covering power generation and distribution, dedicated state transmission network, and the establishment of an industrial park.

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Tony Nwachukwu

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