FEMI OTEDOLA’S GEREGU PLC. PARTNERS LAGOS GOVT ON POWER TRANSMISSION PROJECT

Billionaire businessman Femi Otedola has unveiled his ambitious plans to develop a power transmission project in collaboration with the Lagos state government under a Public-Private Partnership (PPP) arrangement. The announcement was made following a meeting held on Tuesday, July 11, between Otedola, Lagos State Governor Babajide Sanwo-Olu, and Dr. Akinwunmi Adesina, the African Development Bank Group President. In a statement shared on his official Instagram account, Otedola expressed his optimism about the ongoing talks, which aim to establish Nigeria’s first-ever PPP power transmission project. This recent development by Otedola and…

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