The Oyo State Government has redirected its efforts toward developing a new 12-megawatt power project. The Commissioner for Energy and Mineral Resources in the state, Prof Dahud Shangodoyin, made this known during a media chat in Ibadan.
The new deal followed the official termination of a contract for its N8.2 billion 11-megawatt Independent Power Project (IPP), citing underperformance and eventual shutdown of operations at the facility. Shangodoyin stated that the new project is scheduled to commence within the next four months.
Speaking on the terminated contract, he explained that an assessment showed the project’s first phase, designed to generate 5-megawatt, was only producing 2.6-megawatt, with the state utilising just 1.5 megawatt. Despite warnings and a two-month grace period, the contractor reportedly failed to improve, prompting the government to revoke the agreement.
Shangodoyin assured that Oyo State remains committed to tackling energy challenges and pursuing innovative solutions to support its broader development goals.