Davido's father, Chief Dr. Deji Adeleke, has invested in a power plant worth over $2 billion that aims to generate 15% of Nigeria's electricity, with completion expected January 2025.
Here's a more detailed breakdown:
Investment: Chief Dr. Deji Adeleke, Davido's father, has invested in a power plant worth over $2 billion.
Capacity: The power plant is expected to generate 15% of Nigeria's electricity.
Completion: The project is expected to be completed this January 2025.
Challenges: Dr. Adeleke has revealed the challenges he faced in securing the environmental permit for the power plant.
Other Adeleke Investments:
The Adeleke family also owns Mainstream Energy Solutions Limited (MESL), a power generating company, which acquired the Kainji and Jebba Hydro Plants in 2013.
Other Power Plants: The Adeleke family is also known to own other power plants in Nigeria.
Moral of this story: this is generational wealth
Here's a more detailed breakdown:
Investment: Chief Dr. Deji Adeleke, Davido's father, has invested in a power plant worth over $2 billion.
Capacity: The power plant is expected to generate 15% of Nigeria's electricity.
Completion: The project is expected to be completed this January 2025.
Challenges: Dr. Adeleke has revealed the challenges he faced in securing the environmental permit for the power plant.
Other Adeleke Investments:
The Adeleke family also owns Mainstream Energy Solutions Limited (MESL), a power generating company, which acquired the Kainji and Jebba Hydro Plants in 2013.
Other Power Plants: The Adeleke family is also known to own other power plants in Nigeria.
Moral of this story: this is generational wealth
Davido's father, Chief Dr. Deji Adeleke, has invested in a power plant worth over $2 billion that aims to generate 15% of Nigeria's electricity, with completion expected January 2025.
Here's a more detailed breakdown:
Investment: Chief Dr. Deji Adeleke, Davido's father, has invested in a power plant worth over $2 billion.
Capacity: The power plant is expected to generate 15% of Nigeria's electricity.
Completion: The project is expected to be completed this January 2025.
Challenges: Dr. Adeleke has revealed the challenges he faced in securing the environmental permit for the power plant.
Other Adeleke Investments:
The Adeleke family also owns Mainstream Energy Solutions Limited (MESL), a power generating company, which acquired the Kainji and Jebba Hydro Plants in 2013.
Other Power Plants: The Adeleke family is also known to own other power plants in Nigeria.
Moral of this story: this is generational wealth ✨
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