Sanwo-Olu inaugurates Nigeria’s first integrated energy hub

By Adeola Ogunrinde

Lagos State Governor Babajide Sanwo-Olu on Friday inaugurated Nigeria’s first integrated energy hub, developed by Ibile Oil and Gas Corporation (IOGC) in Oshodi, Lagos, describing the facility as a major milestone in the country’s drive toward sustainable mobility and energy security.

Speaking at the inauguration, Sanwo-Olu said the project reflected the practical implementation of the Federal Government’s energy transition agenda and urged agencies under the presidency to replicate and support similar initiatives across the country.

He specifically called on the Nigerian National Petroleum Company Ltd. (NNPC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other relevant agencies to work closely with states willing to invest in cleaner energy infrastructure, saying unnecessary delays should be removed to accelerate the transition to cleaner energy.

The governor also reaffirmed Lagos State’s commitment to partnering with the Federal Government and the private sector to promote affordable transportation, cleaner energy and economic growth, adding that lower energy costs would improve business competitiveness and residents’ quality of life.

Furthermore, Sanwo-Olu described the facility as a hub of innovation, noting that it brings together Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), electric vehicle charging infrastructure and solar power in one location.

He commended President Bola Tinubu for providing leadership through the Presidential Compressed Natural Gas Initiative, saying the administration had created an enabling policy environment for cleaner and more sustainable energy solutions, while also praising Ibile Oil and Gas Corporation for delivering a project capable of attracting investment and creating jobs.

Earlier, the Managing Director of Ibile Oil and Gas Corporation, Temitayo Gbajumo, described the facility as the first integrated energy hub in Nigeria and possibly Africa, combining multiple conventional and alternative energy solutions at a single location.

Gbajumo added that the project aligns with the Federal Government’s Compressed Natural Gas Initiative and forms part of the corporation’s broader strategy to expand alternative energy infrastructure across Lagos State.

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