Energy Times Newspaper has named Edo State governor, Mr. Godwin Obaseki as the Energy Governor for 2023 business year in recognition of his commitment to the nation’s energy sector through stability electricity generation and supply as well as availability of refined petroleum products , transparency, and performance excellence.
Receiving the award on behalf of the governor, the state commissioner for Mining and Energy, Hon. Ojiefoh Enaholo commended Energy Times for the recognition given to Governor Obaseki, saying that the governor has creatively navigated the murky waters of regulatory restrictions that hindered growth in the nation’s electricity and refining sectors, ensuring the enabling environment and incentives to attract and retain investors in the energy sector.
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“Edo State is today home to two operational modular refineries, including the 6,000 barrels per day (bpd) Edo Refinery and Petrochemical Company (ERPC) Limited and the 2,500bpd Duport Midstream Company Limited (DMCL) and boasts of a total of about 744MW of energy pool, including the 95MW Ossiomo Power IPP and the 461MW Azura Power IPP, which is connected to the National Grid.
“Others are the 50MW facility which provides steady electricity to the 10,000 barrels per day modular refinery at Duport Midstream Energy Park; the 78MW plant at BUA plant that powers two lines of the company’s 6mtpa plant, and the 60MW IPP at Dangote Cement factory in Okpella, which provides electricity to the company’s 6mtpa factory.
Governor Obaseki, from the onset, understood that the state required stable power to drive its industrialization plans, which became the genesis of the unprecedented revolution in the state’s electricity sector with the birthing of an off-grid power solution through the Ossiomo Power Project – a project midwifed with a power purchase agreement (PPA), with its transmission line connected to government establishments, streetlights and industrial clusters in Benin metropolis.
Apart from investment in the Azura 450MW and support for the 95MW Ossiomo Power projects, the Government also passed a law setting up the Edo State Electricity Commission, establishing an independent electricity market to attract investors to generate and distribute electricity within Edo State, particularly to underserved communities.
With the support for the establishment of two functional refineries, the governor has amplified the State’s new status as Nigeria’s hub for industrialization and hydrocarbons. The refineries have so far placed an order for 300,000 barrels of crude for refining in their facilities.
