“I generate 15% of Nigeria’s electricity,” Davido’s father

Nigerian billionaire Adedeji Adeleke, father of music star Davido, has made a bold statement regarding his contributions to Nigeria’s power sector.

Speaking at the Seventh-Day Adventist Church’s General Conference Annual Council 2024 on October 15, Adeleke revealed that his companies are responsible for generating 15% of the country’s electricity supply.

Adeleke’s businesses have long been involved in various sectors, and this claim highlights his significant role in addressing Nigeria’s power challenges, a critical issue for the country’s development. His announcement showcases the involvement of private enterprises in bridging gaps in national infrastructure.

“I’m in the electricity business, I own power plants. I generate about 15% of Nigeria’s electricity. I’ve Chinese engineering companies that work for me. I am building the biggest thermal power plant in Nigeria, which will be launched in January 2025. It’s a 1250MW power plant,” Adeleke stated during his speech.

Watch the video below;

His comments come at a time of heightened public concern over Nigeria’s power infrastructure, following the recent collapse of the national grid, which occurred twice within a 24-hour period earlier this week.