Adedeji Adeleke, Davido’s father, reveals the steps he took to secure the environmental permit for a massive $2 billion power plant project, highlighting his commitment to sustainable energy in Nigeria.
Adedeji Adeleke, the father of award-winning superstar Davido, recently shared insights about the difficulties he encountered in obtaining an environmental permit for his $2 billion power plant project.
As a layperson from the West-Central Africa Division at the Seventh Day Adventist General Conference Annual Council in Maryland, USA, the billionaire industrialist discussed his experiences navigating government bottlenecks.
Adeleke, a member of the Baptist community, described how challenging government officials created hurdles for his company’s initiatives. One official even confidently stated that the project would “never see the light of day.”
Confronted with this difficulty, Adeleke sought solace in prayer, declining to accept the official’s statement as the definitive decision for his company, Pacific Energy. The firm was collaborating with Chinese engineering companies to realize the project.
I am a businessman based in Nigeria, involved in the electricity sector. I own a power plant and generate approximately 15% of Nigeria’s electricity needs. My team includes Chinese engineering companies who collaborate with me on projects. Currently, I’m constructing the largest power plant in Nigeria, which is set to be completed by January 2025; this will have a capacity of 1,250 megawatts.
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Throughout the design process and while seeking permits, we encountered challenging government officials. Our permit was denied due to environmental concerns, and one official I met with bluntly stated that my project would never come to fruition. As he spoke, I couldn’t help but think how presumptuous it was for him to act as if he had absolute control over the outcome. In my mind, I hoped that a higher power heard his words because ultimately, what he declared held no real authority or finality.
“So, feeling disappointed, I informed my Chinese friends that we were facing difficulties and the project was going to be delayed. This project is valued at approximately $2 billion, with significant funds already invested in its design and initial stages before reaching the point of needing permits for construction. My Chinese friend was concerned due to the involvement of China’s Afrexim Bank, which could mean financial ruin for him. However,” he reassured him not to worry.”
Adeleke emphasized that his Chinese friend felt compelled to travel to Nigeria for discussions, as he didn’t think prayer alone could ensure the project’s success. However, when the then Minister of Power recognized the project’s brilliance and approved it, Adeleke pointed out how their efforts were rewarded.
Remember that Adeleke previously discussed this power project during a lecture at the 9th graduation ceremony of Adeleke University, Ede, Osun State in July 2023.