Lagos State government has inaugurated 12MW Independent Power Plant (IPP) to supply uninterrupted power supply to the Lekki Free Trade Zone (LFTZ).
The IPP is the sixth power plant to be inaugurated by the Babatunde Fashola government. The Lekki IPP was built by Chinese Railway Construction Company (CRCC), under the Build Operate and Transfer(BOT) agreement with the state government.
The state government also inaugurated Candel Agrochemical Manufacturing Plant in the zone.
Speaking at the occasion, Fashola said the facility was another milestone in the life of his administration, and that it is the end-product of its commitment to the business zone.
Fashola commended the stakeholders and investors for keeping faith with the state government since 2006 when the journey started. “Today, we have lived the dream; block by block, the zone has emerged.
This zone will outlive all of us because it will be here in another 200 years. So, it must grow gradually and at its own pace.
Today, we have achieved another milestone. “This entire place was thick forest in 2007 without roads. We built roads and today, it is having electricity. It is only a modest journey and all the community will benefit,” Fashola said.
He urged the community to continue to support the trade zone, adding that the power plant will also supply power to all the house in the area. The governor added that irrespective of language differences, business and development speak one language, which is that of prosperity for us all.