Close Menu
  • HOME
  • News
  • Politics
  • Sport
  • Features
  • Security
  • Foreign News
Facebook X (Twitter) Instagram
Trending
  • Natasha Attends Court With Husband, Ezekwesili
  • Makinde Coronates New Eleruwa of Eruwa
  • Oke Ogun, Oyo Zone, Once Governed Oyo State, Adeduntan Replies Ayo Adeseun, Others ..calls for re-introduction of history in schools
  • Oyo APC Chair’s Wife, Serifat Abas becomes Osi-Iyalaje of Igbooraland
  • Lagos APC Commences Local Government Elections Campaign
  • London-Bound Plane Crashes in India ..Crash happened less than a minute after take-off
  • Address By President Bola Ahmed Tinubu,GCFR At The Joint Session Of The National Assembly In Commemoration Of Democracy Day, 2025
  • Democracy Day 2025: Open Letter To The President, Senator Bola Ahmed Tinubu ( GCFR.)
Facebook X (Twitter) Instagram
Nigerian Alert
  • HOME
  • News
  • Politics
  • Sport
  • Features
  • Security
  • Foreign News
Nigerian Alert
Home » “PPP: Oyo, AllianzWA Take Delivery of 11 Transformers*

“PPP: Oyo, AllianzWA Take Delivery of 11 Transformers*

Lekan Shobo ShobowaleBy Lekan Shobo ShobowaleJuly 14, 20243 Mins Read
WhatsApp Facebook Twitter Email Telegram LinkedIn
Share
WhatsApp Facebook Twitter Email LinkedIn Telegram
Top Ads ..

 

*PPP: Oyo, AllianzWA Take Delivery of 11 Transformers*

The infrastructure partner of the Oyo State government, Allianz West Africa has taken delivery of ten (10) units of 500kva distribution transformers and One unit of 5MVA power transformer for the Yekini Adeojo and Senator Rashidi Ladoja GRAs, Ibadan.

According to the Managing Director, Allianz WA, Engr. Yinka Owodunni, the purchase carried out on a Public Private Partnership was supervised by the Oyo State Investment and Public Private Partnership Agency – OYSIPA.

The transformers, which will power over 2,000 households in the Yekini Adeojo and Senator Rashidi Ladojo GRAs arrived from Istanbul, Turkey via Tin Can Island Port in Ibadan today.

This development, according to him, is a testament that PPP Always Wins and is a profitable strategy for the government to fastrack infrastructural development

He commended the Oyo Staye government, through OYSIPA for its continued support of PPP initiatives in the State, over the years.

Owodunni said OYSIPA played a key role in ensuring success of the housing project at the New Town Development Area.

According to Engr. Owodunni, the Transformers delivered were valued at about 600M naira.

He added that the Power Distribution Infrastructure was designed to Power the New Town Development Area (NTDA) created by Governor Seyi Makinde within the SouthEast Corridor of the New and On-going Ibadan Circular Road (ICR).

The circular road is analogous to the Lekki-Epe Expressway and will act as the backbone and pedestal Infrastructure for heralding in about 4 Trillion Naira Economic Inflows into Ibadan over the next few decades.

He affirmed that MEGA Infrastructure will attract Investors and more infrastructure solutions and praised the Tenacity of GSM administration in ensuring The NorthEast and SouthEast Quadrants of The Ibadan Cirular Road is 100% completed during its tenure

“This Power & Distributive Transformers will cater for about 2000 family units that will populate this New Town (NTDA)”, he said.

Engr. Yinka Owodunni, said about 1000 Streetlights will be activated to further illuminate the aerial space within this NTDA, further, complimenting the GSM Light-Up Ibadan Project.

He said, this is the first 5MVA Power Transformer to be ever installed in any residential enclave in Oyo State and is symbolic of the power of partnering with the private sector.

He said, “The Private sector can carry more burden for governments when visionary leadership is activated upfront.”

“AllianzWA is excited to be on this PPP Journey with OYSIPA and is prepared to infuse more investments into Oyo State due to the exemplary leadership of GSM. We have invested about 10 Billion naira in the state thus far at the Engineer Lere Adigun (ELA)and Yekinni Adeojo (YAGRA) Infrastructured GRAs. The Allianz board of directors are making plans for an upward capital injection of about 50B to 100B in future Win-Win projects within Oyo State”, he said.

 

Share. WhatsApp Facebook Twitter Telegram Email LinkedIn
Previous ArticlePRESIDENT TINUBU APPOINTS FORMER OYO GOVERNOR’S SON, SENIOR SPECIAL ASSISTANT ON LIVESTOCK DEVELOPMENT
Next Article Peter Olaoluwa Foundation Donates Cash To Support Widows In Ibadan.

Related Posts

Natasha Attends Court With Husband, Ezekwesili

June 19, 2025

Oke Ogun, Oyo Zone, Once Governed Oyo State, Adeduntan Replies Ayo Adeseun, Others ..calls for re-introduction of history in schools

June 16, 2025

Oyo APC Chair’s Wife, Serifat Abas becomes Osi-Iyalaje of Igbooraland

June 14, 2025

Comments are closed.

Ads
Ads
Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
© 2025 Nigerian Alert. Designed by Samtech Media.

Type above and press Enter to search. Press Esc to cancel.