• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, August 27, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Bresson N180bn Magboro Power Plant Kicks Off, Signs Purchase Agreement With IBEDC

by Chika Izuora
10 months ago
in Business
bresson
Share on WhatsAppShare on FacebookShare on XTelegram

The first phase of Magboro Power Plant kicked off on Monday  with the official signing and unveiling of the 30 megawatts (MW) Power purchase agreement between Bresson A S, Magboro  Power Company and Ibadan Distribution Company.

Advertisement

With this agreement, the premium customers around Magboro, Mowe are expected within 11 months to  benefit from 24 hours uninterrupted electricity supply as a result of collaboration between  Bresson and Ibadan Electricity Distribution Company at a price below current  band A charges, Magboro senior media/communication adviser, Oluwasegun Abifarin said in a statement.

The Magboro plant designed as a 90 MW plant is expected to receive its first shipment of Titan 130 Solar Turbine by the end of April 2025.

In his remarks, acting managing director of IBEDC, Engr. Francis Agoha, emphasised that this partnership aligns with the company’s strategic goal of improving customer energy availability.

“This agreement marks a significant milestone in our continuous efforts to ensure consistent and affordable power for the Magboro community and beyond,” he stated.

RELATED

Flight Cancellation: NCAA Launches Complaints Automation Portal

NCAA Launches First SERVICOM Integrated Service Charter

5 hours ago
Equities Market Extends Rebound With N204bn Gain

Equities Market Extends Rebound With N204bn Gain

5 hours ago
ADVERTISEMENT

“We are committed to forging partnerships that foster progress and deliver lasting solutions to the power challenges faced by communities within our network.”

Also speaking, chairman and chief executive of Bresson,  A S, Dr. Gbenga Hashim stated that he is grateful to God that the journey to build the Magboro Power plant which started about 20 years ago is coming to fruition.

Magboro Power Company Limited, an independent power developer will play a crucial role in this initiative.

ADVERTISEMENT

Dignitaries present at the event included Austin Avuru, pioneer managing director of Seplat Petroleum; traditional ruler of Magboro, Oba Adio Ademuyiwa; the SA Energy to Ogun State governor; Jide Onakoya; bankers, Moli Mitchelli, director of Bresson, Vincent Gueneau, stockbrokers and other captains and industries.

The others included the staff and management of Bresson and IBEDC.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: BressonMagboro Power Plant
SendShare10205Tweet6378Share
ADVERTISEMENT
Previous Post

Cost Of Healthy Diet Hits N1,346 In September

Next Post

Forex, Naira Float Shrink Local Airlines’ Capacity By 42%

Chika Izuora

Chika Izuora

You May Like

Flight Cancellation: NCAA Launches Complaints Automation Portal
Business

NCAA Launches First SERVICOM Integrated Service Charter

2025/08/27
Equities Market Extends Rebound With N204bn Gain
Business

Equities Market Extends Rebound With N204bn Gain

2025/08/27
State Of Emergency In Rivers: Way Forward
Business

Tinubu Bans Raw Shea Export For Six Months, Eyes $300m Revenue Boost

2025/08/27
Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu
Business

Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu

2025/08/27
Renaissance Energy Africa Reaffirms Commitment To Safety Operations
Business

Renaissance Energy Africa Reaffirms Commitment To Safety Operations

2025/08/27
Dangote Cement Records Impressive Topline Growth, Sustains Profitability
Business

Dangote Cement Urges Multi-sector Collaboration To Combat Youth Unemployment

2025/08/27
Leadership Conference advertisement

LATEST

Kwara Varsity Lecturers Stage Peaceful Protest, Demand Payment Of EAA, Others

Crystal Palace Agree £26m Deal For Villarreal Winger Pino

Bauchi Records 70% 2025 Budget Performance

Edo At 34: Okpebholo Celebrates Founding Fathers, Sue For Unity

PDP’s 2027 Zoning To South Is Wike’s Hand, Tinubu’s Voice, Says Dele Momodu

JUST-IN: Imo Gov’t Approves N104,000 Minimum Wage For Workers

Oyo Gov’t Partners Chinese Firm To Boost Economy, Create 5,000 Jobs

NECO Lists Hall, System Requirements As CBT Exams Begin November

South Korea Bans Use Of Smartphone In Schools

Amb. Ogwus To Receive Africa’s Fashion Entrepreneur Award Sept 20 In London

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.