ENERGY
Ogun State is powering Nigeria’s industrial growth through a dynamic mix of gas, solar, and renewable energy investments. With over 5,000 industries driving strong demand and a supportive regulatory environment under the new Electricity Act, the State offers vast opportunities for Independent Power Producers, renewable developers, and energy infrastructure investors. Expanding gas networks, mini-grids, and strategic industrial clusters position Ogun as the leading destination for sustainable and scalable energy solutions.
Some of the Investment Opportunities
Independent Power Plants (IPP)
- Ogun State invites partnerships to develop IPPs powering government and industrial zones
- Ensures reliable electricity supply for industrial and institutional growth
Embedded Generation
- Partner with the state to develop IPPs for specific zones
- Leverage IBEDC’s network for efficient transmission
Industrial Power Demand
- Agbara – 200 MW, Flourgate – 50 MW, Ota – 50 MW
- Strong opportunities for dedicated energy investment
Renewable Energy
- Solar, wind, and biomass energy solutions for communities and industrial parks
- Development across 10,000 hectares of industrial hubs
Government Support (Energy)
- Access to incentives, bankable projects, and co-investment partnerships
- Fast-tracked land allocation and title processing
- Land allocation for IPPs under Light Up Ogun initiative
- PPP co-development opportunities with AfDB, Power Africa, and private IPPs
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