The Chairman and Managing Director of Pacific Holdings Limited, parent company of Pacific Energy Company Limited, Dr Deji Adeleke is basking in the eu
The Chairman and Managing Director of Pacific Holdings Limited, parent company of Pacific Energy Company Limited, Dr Deji Adeleke is basking in the euphoria of his many recent wins.
The patriarch of the Adeleke family recently acquired a third private jet valued at $75 million, the singer wrote a heartfelt congratulatory message to his father and family dynasty. He acquired it about a week after the star-studded multimillion dollar wedding of his last child, David aka Davido to Chioma in Miami United States. This milestone comes less than a year after he added another private jet to their luxury fleet, which was valued at $78 million.
In the same breath, he also completed and unveiled one of his power plants, Omotosho Power Generating Plant, a 1,250MW power plant in the Omotosho area of Ogun state. The completion of the project is expected to boost power production in Nigeria. The Omotosho plant will not only generate 304mw at its peak, with a minimum capacity of 186.3mw it is expected to take about 300 people off the labour market.
Until 2023, not many were aware that the business magnate who is also the Pro-Chancellor of Adeleke University in Ede, Osun State, had his hands in the power generating business among several other sectors he operates in.
Besides the Omotosho plant, there is also the Olorunsogo Power Generating Plant located in the remote village of Ajebandele in Ondo State and can generate 1250 megawatt and worth about $2 billion. These two he owns via his Sepco-Pacific Energy Co Ltd.
