Adedeji Adeleke, the father of multiple award-winning Nigerian artiste, Davido, has revealed that his company, Pacific Energy, generates about 15% of Nigeria’s electricity.
Adeleke disclosed this during the Seventh-Day Adventist Church’s General Conference Annual Council 2024, held on 15 October.The billionaire highlighted his investments in the nation’s power sector, saying his thermal power plant is expected to become fully operational by January 2025.
Adeleke noted that Chinese engineering firms are involved in the construction of the plant, which, upon completion, will be the largest thermal power plant in Nigeria, with a capacity of 1,250 megawatts.In one of the videos of the conference shared by Davido on his X account on Wednesday, Adeleke said partly, “I’m in the electricity business, I own power plants. I generate about 15 per cent of Nigeria’s electricity. I’ve Chinese engineering companies that work for me. I am building the biggest thermal power plant in Nigeria to be launched in January 2025. It’s a 1250MW power plant.”
Reacting to the development, the governor of Osun State, Ademola Adeleke, who is a brother to the billionaire businessman, took to his X account to praise his elder brother.
He tweeted, “Proud of my big bro always. My Chairman. Our parents always taught us to take everything to God in all that we do. I hope this testimony inspires others not to give up when faced with those trying to stand between them and their goals. This is why I dance to praise my God.”
