Projects​

Our Projects — Eki Energy Limited
Project Portfolio  ·  Eki Energy Limited  ·  2026

Building Ondo’s Energy and
Blue Economy Future

From the fishing coastlines of Ilaje LGA to the industrial heartland of Ondo City, Eki Energy is developing infrastructure that will reshape Ondo State’s economy for a generation.

2  Flagship Projects
17+  Communities Served
1,950+  Jobs Created
$376M+  Private Investment
Project 01
Blue Economy Active Development Omoregha – Maran, Ilaje LGA, Ondo State

Integrated Fishing Hub –
Giving 17 Communities a New Future

Concept Design Mahin Kingdom coastline  ·  Ilaje LGA, Ondo State
Hub Infrastructure

11 Integrated Components

01

Jetty & Fish Landing Quay

Primary docking and offloading infrastructure for fishing vessels from across the 17-community coastline. Designed for multiple vessels simultaneously, eliminating post-harvest chaos and reducing spoilage at the first point in the value chain.

02

Cold Rooms

Nigeria loses 30–40% of its fish catch annually to post-harvest spoilage. Industrial-grade cold storage powered by the hub’s dedicated generation unit preserves catch quality from landing to processing, independent of the national grid.

03

Ice Plant

Continuous on-site ice production for vessel supply and cold storage. Fishermen depart with ice in their holds, meaning preservation begins at sea. Women’s cooperatives receive priority, subsidized access to block ice as a core CSR commitment.

04

Processing Factory

Full value-adding operations – cleaning, filleting, smoking, drying, and specialty processing to international food safety standards. Where Ilaje’s catch becomes a market-ready product and the largest gains in revenue-per-kilogram are unlocked.

05

Fish Feed Mill

On-site production of high-quality fish feed for the hub’s aquaculture operations. Rather than importing feed at a premium, the mill also supplies smallholder fish farmers across the wider Ilaje area, reducing input costs for the region.

06

Dedicated Power Plant

Every element of the hub is powered by a dedicated on-site generation unit, eliminating dependency on Nigeria’s unreliable national grid. Five percent of total output is directed to host communities as part of the hub’s embedded CSR mandate.

07

Water Treatment Plant

Certified-quality water for all processing operations meeting international hygiene standards. Beyond its commercial function, the plant’s output is made available to host communities – delivering clean water access to riverine households.

08

Packaging & Export Facility

NAFDAC-certified, export-grade packaging for domestic premium retail and international buyers. Closes the final gap in the value chain – transforming processed product into shelf-ready goods for markets in Europe, Asia, and across West Africa.

09

Training Centre

Certified vocational education in fish processing, cold chain operation, aquaculture management, quality control, and export compliance. Priority enrolment for Ilaje LGA indigenes – youth and women – building a permanent, skilled local workforce.

10

Market Stalls

A permanent, organised wholesale and retail fish market within the hub provides a hygienic trading environment – replacing informal roadside selling with structured, regulated trading that delivers better pricing and consistent product quality.

11

Worker Housing

Purpose-built residential quarters for permanent and rotating staff, making the facility viable as a 24-hour operation and removing the logistical barrier of the remote coastal location for skilled technical and management personnel.

Community Development

Embedded CSR Commitments

Ice for Women’s Cooperatives

Free or heavily subsidized ice block supply to registered women’s cooperatives in all 17 host communities, addressing one of the most acute problems facing women fish traders.

Community Power Allocation

5% of the hub’s total power output allocated to host communities at subsidized tariff rates, bringing reliable electricity access to households and small businesses long underserved by the national grid.

Ilaje Community Trust Fund

2–3% of annual net profits channelled annually into the Ilaje Community Development Trust Fund, providing a permanent, self-sustaining development resource for the host communities.

Project 02
Energy & Power Pre-Development Tuja Farm, Ife Road, Ondo City, Ondo State

80 MW Pyrolysis Waste-to-Energy Power Plant –
Turning Ondo’s Waste Problem into the Grid’s Next Opportunity

Tuja Farm  ·  Ife Road, Ondo City, Ondo State
80 MW
Installed Capacity
$81.3M
Annual Revenue
63%
EBITDA Margin
7-8 Yrs
Payback Period
How It Works

Pyrolysis-to-Power: The Technology Explained

Step 01

Waste Feedstock Collection

470 tonnes of polyolefin plastics and end-of-life tires are collected and delivered to the plant each day. Feedstock is sorted, shredded, and prepared for thermal processing. The consistent, high-calorie nature of plastics and rubber makes this fuel supply more reliable than many conventional fuels.

Step 02

Pyrolysis Thermal Conversion

In oxygen-free, high-temperature pyrolysis reactors, the feedstock undergoes thermal decomposition – breaking complex polymers into simpler, energy-dense compounds: pyrolysis gas (a combustible synthetic gas) and pyrolysis oil, a liquid fuel comparable to light diesel.

Step 03

Dual-Fuel Turbine Generation

Pyrolysis gas and oil are fed into high-efficiency gas turbine generators configured for dual-fuel operation. The 80 MW gross installed capacity – delivering 60 MW net export — positions this as one of the most significant private power assets in Ondo State.

National grid power transmission
Step 04

Grid Export via NERC REFIT PPA

Generated power is wheeled to the national grid under a Power Purchase Agreement through the NERC Renewable Energy Feed-in Tariff framework, at $154.71/MWh – providing investors with bankable, predictable revenue of $81.3 million per year.

The Numbers That Tell the Bigger Story

Combined projected economic impact across both flagship projects

1,950+
Total Jobs Created
Direct + Indirect combined
17
Communities Served
Phase 1 – Ilaje LGA
$376M
Private Investment
WTE Plant alone
80MW
Clean Power Capacity
Grid-connected REFIT PPA
Business Sectors

Four Sectors. One Integrated Vision.

Eki Energy operates across four interconnected sectors, each pursued through commercially viable, scalable projects designed to generate investor returns while delivering measurable development outcomes across Nigeria.

Active Projects
01

Natural Resources & Blue Economy

Sustainable fisheries infrastructure, aquaculture development, and coastal economic transformation serving riverine communities across Ondo State.

  • Integrated Fishing Hub – Ilaje LGA (Active)
  • Jetty, cold rooms, ice plant, processing factory
  • 17 communities  ·  1,250+ jobs
Active Projects
02

Energy & Power

Waste-to-energy generation, grid infrastructure, and off-grid power solutions addressing Nigeria’s chronic electricity deficit through innovative technology.

  • 80 MW WTE Power Plant – Ondo City (Pre-Dev)
  • Pyrolysis dual-fuel  ·  NERC REFIT PPA
  • 200+ jobs  ·  $376M CAPEX
In Development
03

Real Estate & Housing

Affordable housing developments, worker accommodation, and community residential infrastructure supporting Nigeria’s housing deficit and urban growth.

  • Worker housing – integrated with hub projects
  • Affordable residential developments
  • Community infrastructure
In Development
04

Agriculture & Agro-Processing

Farm-to-market value chain infrastructure, crop processing, and agro-industrial facilities designed to reduce post-harvest losses and increase farmer income.

  • Fish feed mill – integrated with fishing hub
  • Agro-processing partnerships
  • Rural value chain development
Regulatory & Compliance

Permit & Approval Status

CAC Registration
Corporate Affairs Commission – Nigeria
Complete
Ondo State Operating Permit
Fishing Hub – State Government
Applied
NIWA Approval
National Inland Waterways Authority
In Progress
NIMASA Approval
Nigerian Maritime Administration
In Progress
FMEnv Clearance
Federal Ministry of Environment – EIA
In Progress
NUPRC Compliance
Nigerian Upstream Petroleum Reg. Commission
In Progress
NAFDAC Registration
Food Safety – Processing Operations
Pending
NERC Generation Licence
WTE Power Plant – Grid Export
Applied
Community Engagement

Built With the Community.
Endorsed by the Community.

Genuine infrastructure impact requires community buy-in, not just regulatory approval. Eki Energy has formally engaged the people whose lives these projects will transform — long before ground breaks.

“We have nearly concluded our Partnership with EKI Energy Ltd. We are now working on the MOU and other working relationships.”
C
Chief Festus O. Ogunbayo
Chairman, Board of Trustees — IMACCODEVIINI
CAC Registration Confirmed
Registration No. 9544533 — Corporate Affairs Commission, 13 May 2026
Our Community Partner

Ilaje Mahin Coastal Communities Development Initiative

Mahin Kingdom, Ilaje LGA, Ondo State, Nigeria

A CAC-registered non-governmental organisation representing the fishermen, coastal farmers, and riverine communities of Mahin Kingdom — the very people who will benefit from and co-exist with EKI’s Fishing Hub and Waste-to-Energy projects.

Vision: Lift Ilaje Mahin people from deprived economic and social life
Mission: Transform riverine and coastal communities through socio-economic development
Base: Predominantly fishermen, sea & fresh-water fish farmers, arable & cash crop farmers
Governing Council
Apostle Toyin Omiyedun Omosehin Chairman & CEO
Hon. Goke Iatuwase Secretary
Elder Morris Kayode Ogunbayo Treasurer
Barr. Felix Oguntegbo Legal Officer
Adebayo Aladetan Community Dev. Officer
High Chief Ajirojo Ayantuga Community Relations
Jephta Oyekanmi Ayenowo PRO
+ 7 Ex-Officio & Community Leaders 14 total
Board of Trustees
Chief Festus Oloyede Ogunbayo — Chairman
Apostle Toyin Omiyedun Omosehin — Secretary
Elder Yinka Timothy Ayese — Member
Chief Barr. Sola Ebiseni — Member
Pastor Emiloju Ogundaro — Member
Engagement Timeline
May 13, 2026
CAC Registration Completed
IMACCODEVIINI formally incorporated under Nigerian law — Registration No. 9544533
May 16, 2026
Formal Notification to EKI Energy
BOT Chairman officially informs EKI of registration and invites MOU formalization
Active — 2026
Partnership & MOU Negotiations
MOU framework nearly concluded; formalisation of working relationships underway
Upcoming
MOU Signing & Community Liaison Commencement
Formal execution of partnership agreements; community liaison officers embedded
Community Objectives We Directly Address
Power supply to coastal people
Support for artisans, farmers and fishermen
Agricultural and aquaculture development
Logistics and transportation support
Water supply and treatment infrastructure
14+
Council Members
CAC
Registered Body
MOU
In Negotiation
Ilaje
LGA, Ondo State

We Provide the Best Service in Industry​

EKI Energy collaborates with governments, investors, developers, and strategic partners to deliver scalable infrastructure and energy solutions.
Let’s Build Sustainable Economic Value.