The Oyo State Government is to generate 1,000 mega watts from wastes following the signing of a Memorandum of Understanding(MoU) with some power-generating firms.
The MoU was signed on Wednessday with Siemens International, MRF1 and West African Energy on conversion of waste to energy.
The state Governor, Abiola Ajimobi was of the opinion that the project would promote industralization and create employment opportuities.
He said that the companies, Siemens, MRF1 and West African Energy, are reputable for their expertise in electronics, energy and ICT hence are perfect for the project.
Ajimobi stated that he intends to render services that will uplift the status of the State into an industralized one which is part of his administration’s development tripod of restoration, transformation and repositioning. He also added that the project is expected to generate employment opportunities.
The representative of Siemens International, Mr Nasir Giwa, said that the success of the project would place the State in the limelight as the first to sell or export power to the national grid.
The reprensative of West African Energy, Mrs Lolade Oresanwo said that availability of power is sure to ensure stablity in jobs that need power supply and create more employment opportunities