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By Adewale Sanyaolu
Egbin Power Plc has reinforced its commitment to employee welfare with the unveiling of 80 new residential housing units for staff within its plant premises in Egbin, Lagos State.
The power generation company said the initiative reflects its belief that a well-supported workforce remains critical to achieving sustained operational excellence.
The new residential development consists of 40 fully furnished three-bedroom apartments and 40 furnished studio apartments, all built to modern standards. The housing units are equipped with contemporary infrastructure and well-planned utilities aimed at providing a safe, comfortable and conducive living environment for employees and their families.
The project, which commenced in 2025 and was completed in January 2026, represents another milestone in the company’s ongoing efforts to improve staff welfare. According to the company, the initiative forms part of a deliberate strategy to build a workplace culture where employees feel valued, secure and motivated to deliver their best.
Speaking on the development, the Chief Executive Officer of Mokhtar Bounour, said the investment reflects the company’s enduring focus on its workforce despite the challenges facing the power sector.
“At Egbin Power, our people are our most valuable asset. Even amidst the prevailing liquidity and operational realities within the broader power sector, our focus on employee welfare has remained deliberate and consistent,” Bounour said.
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He added that the expansion of the residential estate demonstrates the company’s commitment to ensuring that employees feel supported in both their professional and personal lives.
“This significant expansion of our residential estate is a tangible expression of that commitment. It is one of several key initiatives aimed at ensuring our employees feel genuinely supported, allowing them to thrive both personally and professionally,” he said.
Egbin Power noted that the new housing development is part of a broader strategy aimed at building a stable, motivated and future-ready workforce. Beyond infrastructure, the company has also prioritised career development and recognition for its employees.
Over the past three years, the company has promoted 112 employees across different cadres, reinforcing a culture that rewards merit, performance and long-term dedication.
In addition, the organisation operates a structured training and development framework designed to strengthen technical capacity, leadership capability and mentorship across its workforce. Through these initiatives, employees are equipped with the skills required to take on greater responsibilities while helping the company remain competitive within the power generation industry.
The company said its sustained investments in employee housing, career advancement and professional development reflect a core belief that aligning employee welfare with organisational performance remains key to achieving long-term growth and sustainability.
