Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Nigeria Money Market Braces for ₦800bn Treasury Bills Auction

    October 26, 2026

    Excess Liquidity in Banking System Rises to N6.94trn, Rates Mixed

    October 26, 2026

    Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook

    October 25, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Nigeria Money Market Braces for ₦800bn Treasury Bills Auction
    • Excess Liquidity in Banking System Rises to N6.94trn, Rates Mixed
    • Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook
    • DMO Raises N2trn from Bonds to Fund Nigeria’s Budget Deficit
    • XRP Rises as Investors in Korean Markets Bet on Altcoins
    • NVIDIA Tokenised Stock Rises on Fresh Buying Momentum
    • Naira Depreciates to N1,361 Ahead of Pre-Election FX Demand
    • Dangote Cement Hits N18trn Market Cap. Ahead of London Listing
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, October 26
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Egbin Power to host FG’s National Data Park, Compute Infrastructure

    Egbin Power to host FG’s National Data Park, Compute Infrastructure

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiApril 9, 2025 News No Comments3 Mins Read
    Egbin Power to host FG's National Data Park, Compute Infrastructure
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Egbin Power to host FG’s National Data Park, Compute Infrastructure

    In a significant move aimed at accelerating Nigeria’s digital economy, Egbin Power, Nigeria’s leading power generation company, has been identified as the ideal location to host the nation’s first National Data Park and Compute Infrastructure.

    The Hon Minister for Communications, Innovation and Digital Economy, Dr. Bosun Tijani, made this announcement during his visit to the power Plant, where he was received by Group Managing Director, Sahara Power Group, Dr. Kola Adesina (MFR) and the CEO of Egbin Power, Mokhtar Bounour, among others.

    The groundbreaking initiative, spearheaded by the Federal Government, aims to harness the power of reliable energy and cutting-edge technology to drive Nigeria’s digital economy forward. The collaboration between Egbin Power and the FG underscores a shared vision to enhance the nation’s technological capabilities and foster innovation in the digital sector.

    Dr. Tijani was given an overview of the plant and later accompanied by the management team on a tour of the facility. During the discussion, the Minister expressed confidence that Egbin Power has the right environment to host the Data Park, enabling the GenCo to play a crucial role in powering the digital economy.

    He stated, “Without a digital economy, the growth we seek cannot be realized. Everything we need to truly power the digital economy exists here in Egbin Power—not only in terms of energy and water, but also in the excellence of the team that runs this facility. That is what is required to fuel the digital economy.”

    The Minister highlighted the global advancement in artificial intelligence, emphasizing the need for Africa to catch up with this momentum. He stressed the importance of finding innovative ways to participate in this digital phenomenon. He further noted that Nigeria’s digital economy significantly contributes to the nation’s Gross Domestic Product (GDP), emphasizing that an efficient data centre is vital for harnessing the capabilities of AI and data processing.

    Commenting on the strategic collaboration, Dr. Adesina said, “There is a nexus between the digital economy and power. Reliable power enhances the functionality of the digital economy, whether in terms of the Internet of Things (IoT), Artificial Intelligence (AI), data utilization, and more.”

    He expressed commitment to supporting the establishment of a National Data Park and Compute Centre and other IT infrastructure required for the digital economy. He highlighted Egbin Power’s reliable energy, available land for expansion, and a conducive environment for such digital infrastructure.

    “We are here to support the idea of building the Data Park or other IT infrastructure required within the digital economy. We have reliable power, the land and the right environment needed,” he said. Adesina also noted that, since the takeover, significant investments and technological innovations have been done to revitalise the plant, while expansion plans are in the pipeline to double its capacity.

    Egbin Power’s CEO, Mokhtar Bounour, reiterated the plant’s dedication to consistent power generation for the national grid in spite of the challenges inherent in the power sector. “We are open to collaborations that will drive Nigeria’s growth and success. We will continue to push boundaries to deliver reliable power to the nation, facilitating socio-economic progress and ensuring our communities and stakeholders thrive,” Bounour stated.

    The Minister also toured the Bright Gyimah Innovation Centre, located within Powerfields Schools, owned by Egbin Power. The Innovation Centre serves as a facility for students to acquire skills in Information Technology (IT), Artificial Intelligence (AI), and to explore their creativity in arts, music, and culinary/hospitality fields. #Egbin Power to host FG’s National Data Park, Compute Infrastructure#

    ECOWAS Bank Approves €230m to Strengthen Infrastructure in West Africa

    Egbin Power
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    Nigeria Money Market Braces for ₦800bn Treasury Bills Auction

    Excess Liquidity in Banking System Rises to N6.94trn, Rates Mixed

    Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook

    DMO Raises N2trn from Bonds to Fund Nigeria’s Budget Deficit

    XRP Rises as Investors in Korean Markets Bet on Altcoins

    NVIDIA Tokenised Stock Rises on Fresh Buying Momentum

    Add A Comment

    Comments are closed.

    Editors Picks

    Nigeria Money Market Braces for ₦800bn Treasury Bills Auction

    October 26, 2026

    Excess Liquidity in Banking System Rises to N6.94trn, Rates Mixed

    October 26, 2026

    Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook

    October 25, 2026

    DMO Raises N2trn from Bonds to Fund Nigeria’s Budget Deficit

    October 25, 2026

    XRP Rises as Investors in Korean Markets Bet on Altcoins

    October 25, 2026
    Latest Posts

    Nigeria Money Market Braces for ₦800bn Treasury Bills Auction

    October 26, 2026

    Excess Liquidity in Banking System Rises to N6.94trn, Rates Mixed

    October 26, 2026

    Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook

    October 25, 2026

    DMO Raises N2trn from Bonds to Fund Nigeria’s Budget Deficit

    October 25, 2026

    XRP Rises as Investors in Korean Markets Bet on Altcoins

    October 25, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.