Ogun Secures Chinese Energy Investment

Key Figures & Findings: Ogun State has secured a commitment from the Chinese firm CCETC to establish both a power generation plant and an industrial park following Governor Dapo Abiodun’s recent investment mission to China. CCETC has pledged to install a 3 MW power plant at the Gateway International Agro-Cargo Airport, free of charge, to fast-track economic activity in the region. The agreement reflects growing international interest in Ogun’s infrastructure and industrial development agenda.

Statistics & Insights: CCETC, headquartered in Jiangsu, China, already operates 250 MW of generation capacity in Nigeria and has a 5,000 MW distribution portfolio across Africa. The proposed 3 MW plant in Ogun will be relatively small in scale but strategically located to support airport-linked commerce and logistics.

Future Implications: If implemented, the project could strengthen Ogun’s reputation as an investment destination, encouraging further foreign partnerships in energy and manufacturing. The 3 MW facility may also serve as a pilot for larger-scale CCETC projects in Nigeria, positioning the state as a hub for industrial expansion and renewable-linked infrastructure.

Source: Western Post

Quick Take: China’s CCETC to build a 3 MW plant and industrial park in Ogun, boosting the state’s global investment drive.