Ogun State Government has signed a Memorandum of Understanding (MoU) with an independent power plant operator, Lisabi Power Company, to expand electricity distribution to major parts of Abeokuta metropolis.
The signing of the MoU, at the Executive Council Chambers of the Governor’s office in Abeokuta, on Friday, was conducted by the Secretary to the State Government, Mr. Olatokunbo Talabi with Viathan Engineering, operators of the power plant, according to a statement by Mr Kehinde Balogun, Press Officer in the office of the SSG.
Speaking on behalf of the power firm, the Chief Executive Officer, Habeeb Alebiosu, said the occasion was to consolidate on the company’s operations, in a bid to increase foothold and expand the capacity of electricity distribution to meet energy needs of the government and citizens.
“The MoU effectively speaks to consolidating on our operations here in Ogun State, naturally being the gateway in the southwest region. The overall objective is to increase our foothold, expand the capacity to meet the needs of government and its citizens,” Alebiosu said.
Also speaking the Special Adviser to the Governor on Energy, Engr. Lolu Adubifa, described the event as a historic agreement between the present administration and Viathan, maintaining that the MoU signed would effectively double the capacity of the plant, to meet the energy needs of the people in Abeokuta Zone.
Adubifa added that government remained genuinely committed to making the state a preferred investment destination of choice in the country.