Segun Ayinde, Abeokuta
Ogun State Governor, Dapo Abiodun has expressed interest in acquiring the Hydro Power Plant situated at the Ogun-Osun River Basin Authority to facilitate the availability of energy for investors in the state.
The governor revealed this during a meeting with the new Managing Director and CEO of the Ogun Osun River Basin Development Authority, Engr. Adedeji Ashiru and his management team.
He emphasized the significance of revitalizing the long-abandoned Hydro Power Plant to attract sufficient energy for business interests in the state.
The governor highlighted the potential for the state to become a hub for industrial activities by ensuring affordable energy costs through this acquisition.
“We are aware there is a Hydro Power Plant that has been installed in the river basin for several years. It was a Federal Government initiative.
“As a state government, we have expressed interest in the acquisition of that Hydro Power Plant.
“It is almost obsolete by now. Only God knows the level of vandalization, but we believe that if it is transferred to us as a state government, I think they’ve already spoken to the OEM, the original equipment manufacturer and we can jointly look at how to ensure that not only do we resuscitate it, but actually expand it.
“You are aware that we are the industrial capital of Nigeria and electricity is a key enabler in the industrial revolution and one of the vision we have as a state government is to ensure that Ogun State becomes one of the state if not the state where the cost of energy will be the cheapest.
“I believe that if we are able to acquire this Hydro Power Plant, it will go a long way to supporting the actualisation of our vision,” he said.
Abiodun, however, acknowledged the importance of effective management of the river basin in controlling flooding, particularly in areas like Ibafo, Isheri, and Kara.
He disclosed plans to engage consultants to address the recurring flooding challenges and enhance water resource management.
Earlier in his remarks, Engr. Ashiru said that the basin under his watch would enhance water resources management, promote agriculture, and also support infrastructure development within the region.