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PHOTOS: Dr Olubiyi, Siblings Honour Late Father

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Chief Awe Olubiyi

By Dipo Olowookere

On Thursday, April 15, 2021, family members and associates of Dr Tmileyin Olubiyi gathered at the Vaults and Garden Cemetery, Ikoyi, Lagos, for the one-year remembrance of the late Chief Sehindemi Hezekiah Awe Olubiyi.

At the event, the children and friends of the late founder of the Awe Olubiyi Builders, a construction giant in Lagos, took turns to pay tribute to the late icon.

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His first son, Dr Olubiyi, in his tribute, said, “I have lovely memories of my dear father, death and parting hurts but his memories are with me all characterized by genuine affection, dedication, and dependability.

“Even though I wanted you to stay longer with us, we cannot question God, with a why? It pleases the Lord to call you home to rest; therefore, we are all pleased with His wish.

“I knew it had to happen at some point, of course. It’s the cycle of life. Therefore, my consolation and that of others is that Baa’ba Awe is in a better place, resting with no pain or illness. A very hard worker and a dependable father, I must say, your memories linger each day, particularly joining Baa’ba Awe for prayers every morning growing up, a pleasant experience and a dad per excellence.

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“Continue to worship the Lord face to face with the angels. My thoughts and prayers are with you, and we do miss you deeply. Rest on peacefully, dad. Love you always!”

Chief Olubiyi was born on May 27, 1950, to the late and first Odofin of Iponda Land, king David Erinopojo Olubiyi and late madam Abolaji Victoria Olubiyi (nee Ayeni) of Igbogi Ilesa both townships in Obokun Local Government Area Ilesha Osun State Nigeria.

Chief Awe Olubiyi was the first illustrious son of the union. The great kingdom and family hailed from Ikole Ekiti in the old Western Region, the present-day Ekiti State. He spent the early part of his life with his mother because of the demise of the king when he was at a tender age.

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He was raised by his mother alone; he showed gratitude to his mother at an early stage of work-life for this gesture by building and gifting Abolaji Cottage in Iponda Osun to show appreciation for the care and motherly love.

He arrived in Lagos State in the 60s to pursue his career in construction, mobility and decision that eventually brought a generational shift to the family. He moved and settled in Somolu Bariga at a young age; however, he was intensely focused, strong-minded and resolute to make it.

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Consequently, with verse training and formal education, he eventually became a well experienced and hardworking construction magnate and builder.

After adequate diverse working experience and acquiring needed entrepreneurial skills, he was able to register and incorporate the company – Awe Olubiyi Builders, a business he managed and run privately till retirement.

Before losing counts, his remarkable odyssey in building development in Nigeria recorded over 400 completed and delivered residential and commercial building, to companies, governments, and high net worth individuals in Nigeria and Diaspora. Even after retirement, in 2014 he continued to make strategic contributions to property management and construction because he was passionate, diligent and devoted to the profession and sector.

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He was married for many years till his last breath to Mrs Titilayo Elizabeth Olubiyi the beloved, committed wife and a retired civil servant of the Federal Ministry of Health Nigeria.

The union is blessed with bright, focused sons and daughters who are professionals and who are equally happily married with kids. The first son, Dr Timilehin Olasoji Olubiyi, followed by the first daughter – Mrs Temitope Adeola, the second daughter is Mrs Olufunmbi Beckley, the second son is Mr Olabode Olubiyi and the third son, and the last born is Mr Oluwatobiloba Olubiyi.

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Baa’ba Awe, as he was fondly called, embraced the tenets of Jesus Christ on kindness and giving. It is in the area of giving that he built his most considerable reputation, he gave without restraints or reservations but passionately.

The act of giving to Baa’ba Awe was a way of life and he exhibited that undoubtedly. Both at work and home, he could not stand or bear the sight of anyone in distress, particularly basic needs such as food, shelter and funds. Chief Awe Olubiyi was a devoted, prayerful and committed Christian and a selfless member of the Cherubim and Seraphim church.

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One particular hobby he enjoyed was travelling, and for that reason, he toured South Africa, the Republic of Benin, Ghana, India, Dublin-Ireland, United Kingdom, Jerusalem, Dubai (UAE), amongst others.

He was a lover of pets, especially dogs, monkeys and parrot birds and he equally enjoyed watching the Discovery channel on DSTV. He was known for his warm hospitality and kind gesture in Alagbado Lagos State, Ilaje Ilesa Osun State and Arepo Ogun State communities where he resided before the call to glory.

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Also, within the family, residential associations and church societies, he was well known as a compassionate and benevolent peacemaker.

On the home front his wife, sons, daughters and grandchildren exceedingly loved Baa’ba Awe chiefly because of his profound attention and commitment to family ties.

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He made the home front comfortable for everyone before he rested in the Lord on April 15, 2020, at about 12.15 am. He will be sorely missed by immediate family, staff, friends, associates, neighbours and other relations.

He will be fondly remembered for his amiable smiles, accessibility and his ever readiness to help. He is survived by his wife, sons, daughters, and many grandchildren. May he find a place in the bosom of his Maker and may his soul continue to rest peacefully, Amen.

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Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Watt Renewable Secures $15m Loan for Hybrid Solar Power Plants in Nigeria

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Oluwole Eweje WATT Renewable Corporation

By Dipo Olowookere

A $15 million debt facility has been obtained by Watt Renewable Corporation from the AfriGreen Debt Impact Fund to finance hybrid solar power plants to be built and operated by the former, especially in Nigeria.

WATT intends to use the projects to serve commercial and industrial clients in Nigeria, particularly in the telecommunication and financial services sectors.

By integrating solar hybrid solutions, the firm aims to significantly reduce diesel consumption and CO2 emissions, enabling its clients to achieve substantial energy cost savings while promoting environmental sustainability.

As a pioneer in renewable energy solutions, WATT continues to drive innovation in Nigeria’s energy sector.

The company’s robust roll-out plan includes deploying hundreds of hybrid solar power sites nationwide to meet the growing energy demands of commercial & industrial clients.

This strategic expansion aligns with WATT’s vision to revolutionize energy access across Africa, enabling sustainable development and reducing reliance on fossil fuels.

The funds from AfriGreen provide the critical capital needed to accelerate WATT’s ambitious projects, strengthening its market position and empowering businesses with reliable and affordable energy solutions.

Business Post gathered that to mitigate the currency risk for WATT in the event of devaluation of the Nigerian Naira, AfriGreen is offering a local currency facility that matches the payment structure of the power purchase agreements.

“We are thrilled to partner with AFRIGREEN on this transformative journey to expand reliable and sustainable energy solutions across Africa.

“With this support, it enables us to accelerate our shared mission of providing hybrid solar power to businesses, reducing carbon emissions, and supporting economic growth while enhancing energy security for our clients,” the Managing Director of WATT, Mr Oluwole Eweje, said.

“We are delighted to support WATT in rolling out hundreds of hybrid sites across the country.

“This represents another key transaction for AFRIGREEN in Nigeria. The combination of high energy prices, good solar irradiation, and strong demand from industrial and commercial energy users makes this market particularly attractive for companies like WATT.

“By leveraging these favourable market conditions alongside WATT’s exceptional operational performance and a well-structured financing solution, we are setting the stage for a strong and lasting business partnership,” the Managing Director of AfriGreen, Mr Alexandre Gilles, stated.

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NMDPRA Denies Restricting Gas Supply to Gencos

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ANOH Gas Plant

By Adedapo Adesanya

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied issuing a directive that gas supply to power generating companies (GenCos) be halted.

In a statement on Wednesday, the authority also denied instructing wholesale gas suppliers to stop further supply of gas to companies due to failure in payment obligations.

The NMDPRA described reports stating that it has directed the stoppage of gas supply to GenCos over N2 trillion debt as “false and completely unfounded”.

“It has absolutely no bearing on the information shared at a recent stakeholders’ engagement held in Lagos between the Authority, the OPTS, IPPG and other stakeholders in the oil and gas industry,” the NMDPRA said.

“The purpose of the engagement was to sensitise stakeholders on the requirements, opportunities and benefits associated with the implementation of the wholesale supply license as provided by sections 142 and 197 of the Petroleum Industry Act (PIA) 2021.

“It was a follow-up to an earlier stakeholder engagement held at the NMDPRA corporate headquarters in Abuja on November 27, 2024.

“The Authority wishes to reassure all our stakeholders and indeed the general public that at no time was the false statement made at that event and anywhere else, and are advised to completely disregard the publication as every effort is being made to ensure that the supply and distribution of natural gas and petroleum products to end users is seamless and unabated as we head into the festive season and indeed all through the coming year 2025.”

Recall that Nigeria’s national grid experienced another collapse on Wednesday, the 11th time in 2024 as Gencos couldn’t generate enough power, compounding issues facing the Nigerian power sector.

This was the first time in over a month as the last time the nation witnessed a nationwide shutdown in electricity supply was on November 7, 2024.

Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.

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Power Outage in Nigeria as National Grid Collapses

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national grid collapse

By Aduragbemi Omiyale

Nigeria is currently experience a cut in power supply after the national grid collapsed for the 11th time in 2024.

This is the first time in over a month as the last time the nation witnessed a nationwide shut down in electricity supply was on November 7, 2024.

Before then, the country was experiencing an incessant collapse of the grid, which prompted the federal government to set up a team to address the issue.

However, just when Nigerians were thinking they will not witnessed another national grid collapse in the year, it issue reared its ugly head again.

On Wednesday afternoon, most of the energy distribution companies suffered power outage, prompting them to inform their customers of the situation.

One of the DisCos, Ikeja Electric Plc, in a message to electricity consumers under its franchise area, said, “Please be informed that we experienced a system outage today, December 11, 2024, at about 13:32 hours affecting supply within our network.

“Restoration of supply is ongoing in collaboration with our critical stakeholders. Kindly bear with us.”

Recall that on Tuesday, in a report, Google listed national grid as one of the top trending searches by Nigerians this year.

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