Shetimma in Ogun, holds business roundtable

The Federal Government has assured investors of the determination of the President Bola Ahmed Tinubu-led administration to ensure adequate power supply across the country especially in industrial clusters.

The Vice President gave the assurance on Thursday during the Agbara Business Roundtable held in Agbara, Ado-Odo-Ota Local Government Area of Ogun state.

The event was to launch an initiative to ensure dedicated power supply to industrial clusters across the country, starting with Agbara Industrial Estate.

Shettima said that it was embarrassing that the Agbara cluster relies on other sources of power supply aside from the national grid. 

He added that the Federal Government through the Niger Delta Power Holding Company (NDPHC) was committed to ensuring that clusters like Agbara benefit from a cheaper means of generating power in their various factories.

The Vice President, who is the Chairman of, Board of Directors, of NDPHC promised that the Agbara Industrial Estate will have a steady power supply in the next four months.

“I am here to reassure the business community that we mean business. I want to give you my word and my word is my bond, if you need 200 Megawatts, 300 Megawatts, we can give it to you.

“Be rest assured, we are going to supply your power needs with no strings attached. We are giving power to Togo, I think we are giving 100 Megawatts to Togo, and some of these nations are not even paying us. Why can’t we give to businesses that will pay us? It is just simple arithmetic; it is a matter of economics”, he said.