- Adedeji Adeleke has revealed he generates about 15% of Nigeria’s electricity and is building a $2 billion, 1,250MW power plant.
- The revelation has sparked widespread discussion, with many Nigerians expressing amazement at the magnitude of the project, while others reacted with skepticism and criticism.
Nigerian billionaire businessman and father of music star Davido, Adedeji Adeleke, has stirred reactions online after revealing the scale of his investments in Nigeria’s energy sector.
In a statement that quickly gained traction on social media, Adeleke declared: “I am a businessman in the energy sector. I own power plants and generate about 15% of Nigeria’s electricity. I also own Chinese engineering companies, and I’m building a new 1,250MW power plant—the biggest in Nigeria’s history, worth $2 billion.”
The revelation has sparked widespread discussion, with many Nigerians expressing amazement at the magnitude of the project, while others reacted with skepticism and criticism.
Reacting to the claim, a user identified as @dfolusegun wrote: “Wow, 1,250MW is a massive game-changer for the national grid. This isn’t just a business move; it’s a national infrastructure pivot.”
Another user, @vslkemo, simply remarked: “The man get money die.”
However, not all reactions were positive. A commentator, @AFROBEATVILLAIN, alleged: “Flopido papa don chop public funds 😂” — a claim that reflects ongoing public distrust around large-scale wealth in Nigeria, though no evidence was provided.
Others linked Adeleke’s wealth to the lifestyle of his son, Davido, with @gurl_lambo stating: “Kaiii, I would be envious of Davido too if I was amongst his counterparts 😭😭… Obo no go minus at all.”
