• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Companies Corporate Updates

24 Hours Power Supply: Ikeja Electric Sign Tripartite Agreement with Enaro Energy and Ayobo Community

NM Partners by NM Partners
August 10, 2022
in Corporate Updates
Ikeja Electric

L-R, Managing Director of Enaro Energy, Oluwaseun Smith; Chief Finance Officer, Ikeja Electric, Mrs Seqinah Adewunmi; The representative of Ishokan Phase1 Estate, Mercy Land Estate and Mercy Land Phase1 residents, Ayobo, Mr Baba Agba Lawrence; Chief Marketing and Strategy Officer, Ikeja Electric, Ugochukwu Obi-Chukwu during the signing of Tripartite Interconnected Mini-Grid Agreement in Lagos recently.

Share on FacebookShare on TwitterShare on Linkedin

PRESS RELEASE

Lagos, Nigeria; 8th August 2022: Ikeja Electric Plc, Nigeria’s leading electricity distribution company, has signed a Tripartite Interconnected Mini-Grid Agreement  with Enaro Energy Limited and Ayobo community, to provide reliable and uninterrupted electricity supply to Ishokan Phase1 Estate, Mercy Land Estate, and Mercy Land Phase1 residents in Ayobo, Lagos State.

The initiative is in line with the Nigerian Electricity Regulation Commission goal of ensuring there is a reliable and steady power supply across communities in the country through partnerships between Distribution Companies and Independent Power generators.

RelatedStories

MTN, Nestlé, Seplat Earnings, Oil Price Drops, Trump’s Crypto Play, New ATM Charges, Dangote vs NNPC Showdown | Drinks and Mics

Drinks and Mics analysts issue “Buy” rating for Seplat 

March 10, 2025
Air force officers storm Ikeja Electric Head office, allegedly attack staff over power disconnection 

Air force officers storm Ikeja Electric Head office, allegedly attack staff over power disconnection 

March 6, 2025

The Agreement, which was signed on Wednesday, 3rd August, 2022 at Ikeja Electric’s Corporate Headquarters, Alausa, Lagos, will rely on the Interconnected Mini-grid Initiative of the power sector to provide the customers with uninterrupted power supply.

Speaking during the signing of the Agreements, the Chief Finance Officer of Ikeja Electric, Seqinah Adewunmi who represented the Chief Executive Officer, Folake Soetan, stated that the initiative is a landmark in the history of the power sector in Lagos State, Nigeria, as those communities will be the first to experience uninterrupted power supply in Lagos State, Nigeria via a blend of grid and off-grid generation and distribution of power.

According to her, it will demonstrate the possibility that our customers can enjoy 24hours power supply which is in line with the core mission of the Ikeja Electric to be the provider of choice wherever power is consumed. She congratulated everyone that has been part of the process, revealing that the initiative will transform the ways in which electricity is being distributed in Nigeria. She further stated that this initiative will set the pace for bigger things to happen as the plan is to expand to other communities within the Ikeja Electric Franchise area.

In his remark, the Managing Director of Enaro Energy, Oluwaseun Smith, expressed his appreciation that the project was finally coming to fruition. He added that the journey began about two and half years ago and was glad that all the efforts towards ensuring the signing of the contract was worth it. He stated that Enaro Energy is committed to providing the necessary resources to ensure the success of the project.

Speaking on behalf of the communities, Baba Agba Lawrence said that despite initial doubts at the early stages of discussion for this project, they have been impressed by the level of commitment expressed by Ikeja Electric and Enaro Energy. He acknowledged and appreciated the collaboration between Ikeja Electric and Enaro with a final phrase “We sincerely thank Ikeja Electric and Enaro Energy for making our dreams come true”.

He pleaded that the three months agreement for the project to go live should be maintained since they have shared the information with members of the communities, and they are eagerly waiting to see the project kick-start.

The Chief Marketing and Strategy Officer of Ikeja Electric, Ugochukwu Obi-Chukwu, in his comments, stated that with the signing of the agreement, Ikeja Electric and Enaro Energy will commence work in earnest. He mentioned that Ikeja Electric’s technical team will work with their counterparts in Enaro Energy to ensure that the power generators connect seamlessly with Ikeja Electric’s network infrastructure leading to the goal of a 24-hour power supply.

Ikeja Electric and Enaro Energy have targeted December 2022 as target go-live date for the initiative.

 

 

Tags: Enaro Energy LimitedFolake SoetanIkeja ElectricUgo Obi-Chukwu
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

Related Posts

MTN, Nestlé, Seplat Earnings, Oil Price Drops, Trump’s Crypto Play, New ATM Charges, Dangote vs NNPC Showdown | Drinks and Mics
Equities

Drinks and Mics analysts issue “Buy” rating for Seplat 

March 10, 2025
Air force officers storm Ikeja Electric Head office, allegedly attack staff over power disconnection 
Energy

Air force officers storm Ikeja Electric Head office, allegedly attack staff over power disconnection 

March 6, 2025
Consumer goods
Consumer Goods

Analysts pinpoint Consumer goods sector as undervalued, reveal potential growth drivers 

March 2, 2025
Ikeja Electric
Energy

Ikeja Electric decries surge in electricity infrastructure vandalism, announces arrest of 2 suspects 

January 7, 2025
Weaving the threads of Nigeria’s corporate history, one story at a time  
Business News

Weaving the threads of Nigeria’s corporate history, one story at a time  

December 10, 2024
Ikeja Electric
Energy

Ikeja Electric adds 24 new feeders to Band A amid national grid shutdown 

June 3, 2024
Next Post
Developing nations must be allowed to create a just energy transition – Roger Brown, Seplat CEO

Seplat and Mobil deal: It’s time to consider moving on

Comments 1

  1. Oketayo Olufemi Gabriel says:
    August 11, 2022 at 6:24 pm

    Great innovation. Pre-paid meters should be given to residents free so that the issue of non payment of bills kill this new innovation.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 
  • EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 
  • FG adopts front-of-pack labelling to tackle diet-related diseases and cut NCD deaths

Follow us on social media:

Recent News

AfDB, AI

Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 

July 16, 2025
EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics