Ogun State Governor, Prince Dapo Abiodun, has announced a new partnership with Ambar Energia, a Brazilian energy company, to establish power plants in the state. This initiative aims to address Ogun’s growing energy demands, particularly to support the state’s numerous industries and improve food security for its residents. Governor Abiodun emphasized the importance of Ogun’s industrial sector and the need for adequate electricity to meet the demands of factories operating in the state.
As the industrial hub of Nigeria, Ogun consumes a significant portion of the country’s power, with both Ogun and Lagos states accounting for about 40% of the 6,000 megawatts generated nationally. With Nigeria’s energy demand expected to reach 45,000 megawatts by 2030, the governor sees great potential for collaboration with Ambar Energia. Ogun plans to build power plants in its three zones to ensure reliable energy supply, with a focus on creating “captive” power plants that are directly controlled by local authorities.
Governor Abiodun also highlighted Ogun’s rich natural resources, including gold, lithium, and limestone, which could be better exploited with adequate energy. He mentioned that the state is the largest producer of cement, cassava, poultry, and eggs in Nigeria, underscoring the need for reliable power to unlock these industries’ full potential. Additionally, the governor discussed the construction of Africa’s largest garment-producing company, set to be built at the Gateway International Airport, which will require 300 megawatts of electricity.
Ambar Energia, which has 27 plants and a production capacity of 4.3 gigawatts of electricity, is seen as a key partner in meeting Ogun’s energy needs. The governor’s approach also includes working closely with the private sector to foster a favorable business environment for investment.
Furthermore, Governor Abiodun received another delegation from Brazilian companies JBJ, JBS, and SEARRA Group, discussing large-scale farming investments. Ogun’s vast arable land, integrated transport network, and significant farming community of over 200,000 registered farmers make it an attractive destination for agriculture-based investments.
The Brazilian delegation expressed enthusiasm for working with Ogun and indicated interest in assisting Nigeria in addressing its food security needs. With a proactive and business-friendly approach, Governor Abiodun aims to position Ogun as a prime investment hub in Nigeria, tapping into its industrial, agricultural, and energy potential.