Geregu Power Plc is shaping 2025 into more than just a profitable year – it is making a bold statement of intent.
The company, led by billionaire investor Femi Otedola, expects to close the year with a record ₦44.02 billion profit, sharply higher than the ₦27.42 billion it booked in 2024.
Revenue Surge
In its latest forecast on the Nigerian Exchange, the power producer paints the picture of a company riding a wave of rising demand and new momentum in the energy sector.
Geregu projects revenues will climb to ₦207.66 billion in 2025 – a figure that dwarfs its entire turnover from just two years ago.
Behind these numbers, the company tells a story of expansion and resilience.
Operating out of its 435-megawatt plant in Kogi, Geregu plans to generate ₦38.78 billion in operating profit during the second half of 2025.
Although financing costs will weigh on earnings, management insists strong operations provide enough cushion to absorb the pressure.
Read Also: Telecom Operators In Nigeria Demand Training Overhaul Amid Skills Shortage
Shaping Nigeria’s Energy Future
Even more striking, Geregu forecasts ₦120.66 billion in revenue in just six months of 2025 – more than it earned in all of 2023.
This acceleration, therefore, highlights not only its strategic positioning but also the wider opportunities in Nigeria’s power market, where demand continues to outpace supply.
Meanwhile, Otedola and his team use the numbers to send a message.
They signal that Geregu is carving out a bigger role in Nigeria’s energy future.
They also show that the company sees itself not just as a power producer but as a driver of industrial growth and investor confidence.
Ultimately, if Geregu hits its projections, it will mark 2025 as its most successful year yet.
More importantly, it will cement the company’s place as a bellwether in an industry that sits at the heart of Nigeria’s economic story.
