Energy

Davido’s father: I generate 15% of Nigeria’s electricity

Dr Adedeji Adeleke, the father of popular singer David Adeleke, fondly called Davido, says he is responsible for generating 15 per cent of Nigeria’s electricity supply.

Adeleke disclosed this while speaking at the Seventh-Day Adventist Church’s General Conference Annual Council held in Maryland, United States, on Tuesday, October 15, 2024.

The billionaire business added that he is in the process of constructing a 1,250-megawatt power plant, saying the project would be the largest in Nigeria upon completion in January 2025.

He said: “I am a businessman in Nigeria; I’m in the electricity business. I own power plants. I generate presently about 15 percent of the electricity needs of Nigeria.

“I have Chinese engineering companies that work for me. I am building and almost complete by January, by the grace of God, tenth new power plant that will be the biggest thermal power plant in Nigeria.

“It’s a 1,250-megawatt power plant to become operational in January.”

National grid collapses for second time in 24 hours

Adeleke further stated an unnamed government official threatened to prevent the execution of the project, saying: “During the course of the design and getting the permit, we ran into difficult government officials. For environmental reasons, our permit was denied, and the particular government official that I held a meeting with told me to my face that my project would never see the light of the day.

“But while he was saying that, I was saying in my mind that this guy is talking as if he is God. I was saying in my mind that God should listen to him; Because he is not God, whatever he is saying is null and void.

“So I left, disappointed and I told my Chinese friends that unfortunately we have difficulty and this project is going to stall. Meanwhile, the project is worth about $2 billion. In the process, a lot of money had already gone into the design and preliminaries.

“Before we get to the stage where we would need a permit and then break ground. So my Chinese friend was worried because the Afrexim Bank of China was involved so that meant bankruptcy for him. I told him not to worry.”

Adeleke disclosed that his Chinese friend had to travel down to Nigeria to discuss a way out because he never believed that prayer was enough to get the project done.

He said prayer did as the then Minister of Power granted the approval because he saw that the project was a brilliant plan.

The Star

Segun Ojo

Recent Posts

Security, education top as Tinubu presents N49.7tn 2025 ‘restoration budget’

President Bola Tinubu, on Wednesday, December 18, 2024, presented a total budget of N49.7 trillion…

1 hour ago

Tinubu presents 2025 budget, says time for lamentation over

President Bola Tinubu has reassured Nigerians of the administration’s commitment to tackling the various challenges…

3 hours ago

Adeleke to pardon man sentenced to death for stealing fowl in Osun

Osun State Governor Ademola Adeleke has promised to pardon a resident of the state, Segun…

4 hours ago

NUC approves marketing, anatomy, 8 other programmes for KWASU

The National Universities Commission (NUC) has approved 10 new programmes to be run by the…

5 hours ago

Woman gets N500,000 reward for returning FG’s N748,320

The Katsina State Government has rewarded a woman, Amina Abdulkadir-Yanmama, with N500,000 for returning N748,320…

5 hours ago

Tight security in NASS as Tinubu sets to present 2025 budget

Security has been beefed up at the National Assembly complex ahead of the presentation of…

6 hours ago

This website uses cookies.