Nigeria's $2 BN GAS PLANT

Описание: Billionaire businessman Adedeji Adeleke, founder and chairman of Pacific Holdings, has announced the completion of his highly anticipated $2 billion gas-fired power plant in Ondo State, southwest Nigeria. The plant, with a projected output capacity of 1,250 megawatts (MW), ranks among the largest privately-owned power projects in Nigeria's energy sector and is a crucial part of the country’s ongoing efforts to boost domestic power generation.

Experts suggest that once linked to the gas grid, the Adeleke power plant could significantly ease pressure on Nigeria’s national grid, reduce the need for costly and polluting diesel generators — widely used across the country — and contribute to the broader goal of achieving 30GW of power capacity by 2030, as envisioned in Nigeria’s Energy Transition Plan.

This video provides you with every captivating detail abiuth the Pacific Energy Gas plant.

Adedeji Adeleke, who is also the father of Afrobeats superstar Davido, is no stranger to large-scale investments. Through Pacific Holdings, he has built a diversified business empire spanning oil and gas, power, real estate, and agriculture. With this power project, he joins a growing list of private sector players stepping into Nigeria’s power sector to bridge gaps that public funding and institutions have struggled to address for decades.
If fully integrated and efficiently managed, this gas-fired plant could become a landmark example of private investment driving national development, delivering not only light and power but also hope and opportunity for millions.
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