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Minister inaugurates transformers in Lagos

Fashola inaugurated the projects shortly after the 19  Power Sector Stakeholders forum  in Akangba Training School in Surulere, Lagos.

The minister expressed satisfaction on the performance of the management team of  Eko Disco  led by its Chief Executive Officer, Mr Oladele Amoda.

“l was not surprised when the owners of Eko Disco decided to keep him (Amoda).

“He is not only a prolific scholar, who reads and writes well, he is also technically savvy as you can see in his unscripted remarks.

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“I want to thank Engineer Amoda for his warm  remarks. I knew him way back when I was the governor here in Lagos. He was very responsive to our needs as a state then.

“And I also warmly welcome the spirit with which he has reminded us that we have work  to do on transmission side,’’ he said.

Earlier, Amoda  had highlighted  the achievements of  his company since the  last quarterly meeting was held.

“In addition to what the Honourable  Minister will be commissioning today which include one 15MVA transformer that can transmit 12 MW of power, we have added 60MVA in Ajah, 15MVA in Oke-Ira, Lekki  and Alagbon.

“Others to be added are 15MVA at Fowler, Bourdillon, Anifowoshe and Akungba,’’ he said.

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He said the purpose of the huge investment was to key into the Federal Government’s programme of incremental power output.

“By the time we complete all our ongoing projects at Adelabu, Stadium, Tejuosho, Surulere, Coker, Ijora and its environs, the network will be able to receive increased  power from the transmission company and distribute accordingly to our numerous customers,’’ he said.

On embedded power initiatives, he said that First Power Company had  built 13 MW embedded power, adding that  “we are getting an incremental power as directed by the minister.’’

“We are waiting for tariff adjustment by NERC accordingly  and this will attract more investors and promote willing buyers and willing sellers’ principles,’’ he added.

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