Osun Govt Partners With Energy Company to Generate 20 Megawatts of Electricity Inbox x

The Governor of Osun, Ogbeni Rauf Aregbesola has reaffirmed his government commitment to continuously champion the welfare of the citizens by providing essential amenities capable of improving their general well being.

Aregbesola also noted that no effort must be spared in the move to provide electricity as it is the major driving factor of the economy.
Aregbesola stated this while signing a Memorandum of Understanding, MoU, with an energy company that will generate 20 megawatts of power with the use of the Kajola Hydro Power plant in the state.
Speaking at the signing of the MoU, at the Government house Osogbo, Aregbesola noted that no effort must be spared in the move to provide electricity as it is the major driving factor of the economy.
He expressed delight in the drastic step taken by the state to revive and improve its economy towards the provision of stable electricity supply, saying with adequate power supply, small, medium and and large businesses would grow for the benefit of the state.
Governor Aregbesola said tapping into the alternative source of power which hydro provides, saying enough power supply in the country will definitely ease the stress on the economy.
According to him, “no effort must be spared for the provision of electricity as it is the major tonic to boost the economy.
“I am happy to be sitting and signing this MOU because I know that we are signing our way into prosperity as the availability of electricity guarantees prosperity for all.
“When there is stable and adequate power supply, there is a certainty that small scale businesses will grow and existing businesses will keep floating in the society.
Speaking on the realization of the project, the state Governor urged the energy company to take the project seriously and bring it to a reality for the benefit of all parties involved.
He stated further that any form of delay in the execution of the project should be avoided, stressing that all the state obligations as contained in the MOU will be met as at when due.
“I want this company to take the execution of this project seriously and bring it to reality for the benefit of all.
“I don’t want any party to suffer any delay in the implementation of the project.
“I am assuring you that all the state obligations as contained in the MOU will be met as at when due and I want you to meet with yours as well”, Aregbesola added.
Also speaking, the Managing Director of CBC Energy Company, Mr. Kunle Oderinu, assured that the project when completed will go a long way in assisting the energy deficiency in the state and the country at large.
He assured that the company’s technical partners are already on ground with a view to commencing activities just as everything is already set towards the realization of the said objectives.
He explained that the 20 megawatts electricity project which will be ready for use in the next two years is just a tip of the iceberg as it will not cover the state’s energy need because of the planned commercial activities in the state.
He said “the 20 megawatts we are starting with is just a tip of the iceberg, we are hoping that this “first-start” will stimulate the commercial activities in the state.
“In terms of being fed into the national grid or to work as an independent national plant we are discussing with the distribution company that has the responsibility for the state of Osun.
“At the right moment we are going to bring them on board to discuss together on how to manage it so that the benefits will be more to the people of the state”