Ekiti eyes 130 MW power generation, says Gov.
Following power shortage, the Ekiti State Governor, Mr. Biodun Oyebanji on Thursday revealed plans of the state to generate 130 Megawatts (MW) of electricity in a move to meet its 120MW demand.
The governor in a tweet on X stated that , “Currently, Ekiti receives approximately 20-25 MW from the national grid, which falls short of our estimated requirement of 120 MW.
“Our goal is to reach 130 MW through a robust state grid, reducing our dependency on the national supply and promoting sustainable, locally managed energy solutions.
“This initiative aligns with the 2023 Electricity Law Enactments, which empower states to decentralise electricity markets and license providers to meet local needs better.
“Thanks to everyone who believes in our vision for a brighter, self-reliant Ekiti. Together, we are building a stronger foundation for economic growth, job creation, and an improved quality of life for all our residents.”
He, however, announced granting operational licenses to 14 electricity investors, which include: three distribution companies, four generation companies, two mini-grid generation companies, and five meter asset providers.
He said this strategic move would enhance power generation, ensure efficient distribution, and provide reliable metering for our residents.