
Renowned businessman and Pro-chancellor, Adeleke University, Ede, Osun State, Dr. Deji Adeleke, on Sunday, said work has been completed on his 1250 megawatt power plant located in Ajebamidele, Ondo State.

Dr Adeleke, however, said the project has not commenced operation, as it has not been connected to the gas grid, adding that the plant would provide jobs for over 2000 engineers and other associated workers.
He spoke in Ede, Osun State, at the 11th undergraduate and 7th postgraduate convocation ceremonies of Adeleke University, where his younger brother, Governor Ademola Adeleke, bagged an honorary Doctorate Degree.
The Adeleke University Pro-chancellor, who lamented malfeasance associated with elections in the country, also said the global community regards Nigeria’s democracy as fraudulent.
From electorate selling votes, to use of hoodlums to perpetrate fraud during elections, Adeleke said lack of credibility by the processes leading to election of leaders in the country was a major factor discouraging foreign direct investment.
“The powerplant is ready, I am only waiting to be connected to the gas grid to start generating power. That plant will employ over 2,000 engineers and other associated workers.