Adedeji Adeleke Reveals Challenges in Securing Permit for $2B Power Project – Landslide News
  • Latest
  • Trending
  • All
  • Business
  • Politics
  • Global
  • Lifestyle
  • Tech

Adedeji Adeleke Reveals Challenges in Securing Permit for $2B Power Project

October 16, 2024

OPay Launches N1.2bn, 10-Year Scholarship Programme with Olabisi Onabanjo University

July 10, 2025

Report: Petrol Imports Hit All-Time Low in June

July 10, 2025

Analysts Predict H2 Borrowing Surge

July 10, 2025
office with logo Nestle, Anglo-Swiss condensed milk company, food manufacturer, instant coffee, chocolate, ice cream, dairy products, baby, pet food, pharmaceuticals, Frankfurt - October 1, 2023

Nestlé, FG in Water Campaign

July 10, 2025

Ribadu Warns Opposition Not to Underrate Tinubu

July 10, 2025

Madugu’s Focus: Mission X Victory

July 10, 2025

Oliseh Urges Osimhen: Join EPL or Regret

July 10, 2025

Serie A welcomes Dzeko back with Fiorentina move

July 10, 2025

WHEN LEADERS FAIL, THE SYSTEM FAIL AND SO THE PEOPLE SUFFER IN THEIR MAJORITY

July 10, 2025

STRENGTHENING NIGERIA’S DEMOCRACY: A CALL FOR CONSTITUTIONAL AMENDMENTS TO CURB DEFECTIONS AND BOLSTER LEGISLATIVE INDEPENDENCE.

July 10, 2025

FG Reaffirms Commitment to Teacher Development, Praises Kaduna’s Education Reforms

July 10, 2025

One Year After FG’s Electricity Subsidy Promise, Hospitals, Universities Still Struggling with Bills

July 10, 2025
Landslide News
  • Home
  • Breaking News
  • Global
  • Business
  • Social Media Today
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Politics
  • Sports
No Result
View All Result
Landslide News
  • Home
  • News Insights @ LandslideNews
  • Breaking News
  • Politics
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Sports
  • Tech

Adedeji Adeleke Reveals Challenges in Securing Permit for $2B Power Project

byGrace Amos
October 16, 2024
in Business
0
495
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Adedeji Adeleke, father of renowned musician Davido, recently shared his challenges in obtaining the environmental permit for his $2 billion power plant.

Speaking during the Seventh Day Adventist General Conference Annual Council in Maryland, USA, the billionaire businessman detailed the hurdles he faced with government officials, particularly one who told him his project “would never see the light of day.”

Adeleke, a Baptist, said he prayed and refused to accept the official’s words as final for his company, Pacific Energy, which was collaborating with Chinese engineering firms on the project.

“I own a power plant and provide about 15% of Nigeria’s electricity. We’re building the largest power plant in Nigeria, a 1,250-megawatt project to be completed by January 2025,” Adeleke explained.

He recounted how the project faced setbacks due to the denial of an environmental permit, leading to concerns from his Chinese partners, who feared bankruptcy. However, Adeleke remained optimistic, relying on faith. Eventually, the project received approval from the Minister of Power, who recognized its value.

Adeleke had previously discussed this project during a speech at the 9th graduation ceremony of Adeleke University in Osun State in July 2023.

Share198Tweet124
Grace Amos

Grace Amos

Related Posts

OPay Launches N1.2bn, 10-Year Scholarship Programme with Olabisi Onabanjo University

byChibuzor Isichei
2 hours ago
0

OPay, one of Nigeria’s leading financial technology companies, has named Olabisi Onabanjo University (OOU) as the ninth institution to benefit...

Report: Petrol Imports Hit All-Time Low in June

byChibuzor Isichei
3 hours ago
0

Nigeria’s importation of Premium Motor Spirit (PMS), commonly referred to as petrol, dropped to an all-time low in June, primarily...

Analysts Predict H2 Borrowing Surge

byChibuzor Isichei
3 hours ago
0

Analysts have predicted that the Federal Government’s external borrowing is likely to rise significantly in the second half of 2025,...

office with logo Nestle, Anglo-Swiss condensed milk company, food manufacturer, instant coffee, chocolate, ice cream, dairy products, baby, pet food, pharmaceuticals, Frankfurt - October 1, 2023

Nestlé, FG in Water Campaign

byChibuzor Isichei
3 hours ago
0

Nestlé Nigeria has teamed up with the Federal Ministry of Water Resources and Sanitation to launch a National Water Quality...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.