Ogun State government has expressed interest in acquiring the Hydropower Plant situated at the Ogun-Osun River Basin Authority to facilitate the availability of energy for investors in our state.
The Governor Prince Dapo Abiodun 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.
The Governor emphasised the significance of revitalising the long-abandoned Hydropower Plant to attract sufficient energy for business interests in the state. He also highlighted the potential for the state to become a hub for industrial activities by ensuring affordable energy costs through this acquisition.
The Governor said his administration acknowledged the importance of effective management of the river basin in controlling flooding, particularly in areas like Isheri and Kara. He also mentioned plans to engage consultants to address the recurring flooding challenges and enhance water resource management.
Recognising the critical role of the river basin in water supply and agriculture for the South West states, the Governor stressed the need for collaborative efforts to leverage the Basin Authority’s resources for agricultural development and food security initiatives in the region.