FG delivers equipment, accessories for 132KV power substations
Ekiti State Government has said that it is partnering with three commercial banks to commence an agency-banking programme in all local councils of the state.
The government said that it would officially flag off the programme on May 27, 2025, to create employment opportunities and empowerment of the people. It would be recalled that some banks have exited from many Ekiti communities largely because of security concerns, particularly bank robberies and killings.
However, the state’s Commissioner for Wealth Creation and Employment, Kayode Fasae, who spoke on the programme during a live radio audience participatory programme tagged “Ekiti Loni/Ekiti Today,” said that the state government had agreed with three banks to drive the scheme, expressing confidence that the arrangement would provide job opportunities, help businesses scale to a larger level, gives people easier access to banking services and boost socio-economic activities of the people.
He noted that the scheme was in tandem with both Governor Biodun Oyebanji’s shared prosperity vision and President Bola Tinubu’s agenda of ensuring that there is at least one financial institution in every ward in the country.
In another development, the Federal Government has stepped up efforts at boosting electricity supply in Ekiti State with the delivery of equipment, supplies and accessories for two 132/33Kv stations along with transmission lines to the state.
Receiving the equipment on behalf of the Transmission Corporation of Nigeria (TCN) at the Omisanjana 132/33Kv station in Ado-Ekiti, The state’s Commissioner for Infrastructure and Public Utilities, Prof. Bolaji Aluko, accompanied by Ekiti Transmission Corporation of Nigeria (TCN) General Manager, Victor Famoroti, while receiving the equipment on behalf of the TCN at the Omisanjana 132/33Kv station in Ado-Ekiti, said the substations would be installed in Ilupeju-Ekiti and Ijesa Isu-Ekiti to improve transmission of bulk power supply to the north and other senatorial districts of the state, with a switching station at Ikere.
Aluko said that the additional substations, which are aimed at revolutionising Ekiti State power sector, would serve as 240MVA total addition (four new transformers of 60MVA each) to the 140mva-3-transformers in Omisanjana substation in Ado-Ekiti. He added that the project would be completed before the end of the year.
