Tag: Kola Adesina

Sahara Group Foundation Launches MADAA, Drives Home-grown Innovation In Africa

Abibat Babalola

Sahara Group Foundation has officially flagged off its Making A Difference Around Africa (MADAA) initiative aimed at giving wings to the aspirations of African entrepreneurs. Platforms Africa reports that the Foundation is the social impact vehicle of energy conglomerate, Sahara Group. A statement sent to Platforms Africa by the company quoted Chidilim Menakaya, Head of Programs at Sahara Group Foundation, to have said this at the unveiling of MADAA. PHOTONEWS: Adeola Yusuf Bags Journalism Entrepreneur of The Year Award After Platforms Africa Report, Oil Ministry Director Queried, Minister Disowns Claim…

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We Deployed 830,292 Meters In 10 Years – Ikeja Electric

Gbenga Adeoti

Power utility firm flaunts feats as it clocks a decade of corporate existence   Utility firm, Ikeja Electric (IE), has declared that it “successfully deployed 830,292 meters to customers,” in the last 10 years. Platforms Africa reports that a statement by the company quoted its Chief Executive Officer, Folake Soetan, to have said this during an event to mark IE’s 10th anniversary. “Recognizing the importance of transparency and accountability, we successfully deployed 830,292 meters to our customers, giving them control over their energy consumption and fostering a sense of empowerment,”…

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How, Why Ikeja Electric Emerged 2022 Best Disco, Most Gender Diverse Firm

ADEOLA YUSUF

Ikeja Electric Plc (IE) has emerged the Best Electricity Distribution Company of the year and Most Gender Diverse Utility Company in 2022 at the maiden edition of Nigeria Power Sector Awards. Platforms Africa reports that fhe Board Chairman of the company and Executive Director of Sahara Group, Kola Adesina also bagged the Power Sector Lifetime Achievement Awards. READ ALSO: Ikeja Electric ‘Mocks’ Man Who Made Advances At CEO, Folake Soetan Tanzania Declares Power Rationing Due To Prolonged Dry Spells BREAKING: Coup Rocks Sao Tome And Principe My mother kneels To…

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Africa’s Annual Power Grid Investments’ Need Hits $40bn – Adesina

Adesupo Ososanya

Energy demand across Africa projected to surge in the coming years African countries will require an average of $40bn power grid investments annually for about five years to deliver stable electricity to citizens on the continent, Kola Adesina, Group Managing Director, Sahara Power Group, has said. Platforms Africa reports that a statement from the Sahara Power quoted Adesina to have said this while delivering a Keynote Address on “The Future of Power in Africa” at the Lagos Business School. He said projections indicate an increase in energy demand across Africa…

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Sahara Power Deepens Environmental Sustainability With gree’n’lectric

Ganiyu Amodu

The launch of gree’n’lectric, a wholly digital publication dedicated to promoting environmental sustainability in the power sector, will bolster Sahara Power Group’s resolve to seeking environmentally relevant options and solutions in its operations, Ejiro Gray, Director, Governance and Sustainability, Sahara Group has said. Speaking at the launch of the publication at Egbin Power Plant, Gray said Sahara Power, a Sahara Group company which connects over 30 million homes to power in the nation, considers access to clean, safe, and reliable energy as critical goals of the organization. According to Gray,…

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Egbin Addresses Power Sector’s Brain Drain, Inducts 30 Trainee Engineers

ADEOLA YUSUF

Trainee Engineers are to sustainably drive human capital transformation in the power sector – Adesina In line with its commitment to sustainably drive human capital transformation in the power sector, Egbin Power Plc, Africa’s largest privately run thermal plant has inducted 30 young graduate engineers into an intensive power generation program at the Energy Training Centre. Egbin, a subsidiary of the Sahara Power Group, has so far inducted over 200 graduate trainee engineers as it continues to “proactively, responsibly and sustainably shape Nigeria’s power narrative for socio-economic advancement and industrialization,”…

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JUST IN: 1320mw Egbin Plant Resumes Operation, Gives Output Update

Ayobami Adedinni

The 1320 megawatt capacity Egbin Power Plc has resumed marginal operations after being shut down over a fire incident on February 2, 2022. Platforms Africa reports that the Group Managing Director of Sahara Power, owners of the Egbin Power Plant, Mr Kola Adesina, who declared this in a phone interview, maintained that though the operation is still marginal with just one 220mw capacity turbine in operation, plans are on going to raise the output to 660 mw before Monday. READ ALSO: BREAKING: Nationwide Power Outage Worsens, TCN Begins Load Shedding…

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Ikeja Electric Clarifies Obligation to Customers, Deepens BU Investments

ADEOLA YUSUF

“In addition to providing the required infrastructure that will strengthen our network and bolster services, our technical team are committed to further improve electricity supply to our customers, and this is our obligation to them.” Ikeja Electric has clarified its obligations to customers as it deepened investments in business unit offices. Platforms Africa reports that the power utility company, which unveiled ultra-modern Shomolu Business Office, maintained that this is to boost customer experience Speaking at the launch ceremony of the new facility, which held on Monday, January 31, 2022, the…

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Sahara Power Group GMD, Adesina, is Vanguard Private Sector Icon

Kanyinsola Yusuf

Kola Adesina, Group Managing Director of Sahara Power Group, the largest privately owned vertically integrated power company in sub-Saharan Africa, has been named the ‘Private Sector Icon of the Year’ by Vanguard Media Limited, a foremost Nigerian and African new publication. Platforms Africa reports that a statement by the Sahara Group, which declared this, noted that the newspaper organisation stated that Adesina bagged the award because he was “a consummate entrepreneur with experience that traverses academia, insurance, finance, energy, trade and diplomacy.” READ ALSO: BREAKING: Nigeria’s Electricity Market debts to…

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BREAKING: Nigeria’s Electricity Market debts to Egbin Power hit N388bn

Damilola Olonade

Sub-sahara Africa’s biggest power plant, Egbin Power Plc, mulls $3bn post-privatisation investment cap; $1bn already spent, $2bn for expansion plan     The debts which the Nigeria Electricity market is owing biggest power plant in Sub-Sahara Africa, Egbin Power Plc, has hit N388 billion. Platforms Africa reports that the Director, Egbin Power, Mr. Kola Adesina, who declared this when the Senate Committee on Privatisation and commercialisation paid a facility visit to the plant in Egbin, Lagos, maintained that the debt that the Nigeria Bulk Electricity Trader (NBET) is owing the…

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