Ikpeazu sees Aba power project as game changer
Abia state governor, Okezie Ikpeazu, has expressed his delight over the progress made by Geometric Power Ltd, a private power generation firm, in their quest to provide steady electricity supply to Aba commercial city and its environs.
The governor, who made the disclosure while receiving the Chairman/Managing Director of Geometric Power Ltd and former Minister of Power, Professor Barth Nnaji, weekend, stressed that the socioeconomic breakthroughs that would come with steady supply of power in Aba and its environs would be unimaginable.
He congratulated Professor Nnaji for his commitment to the project, assuring him that his administration and indeed, the people of Abia state would extend to them every cooperation needed to bring the project to a final and lasting realisation.
Ikpeazu enthused: “I lack words to describe how I feel with this development. This is about the best news I have received in a long time. What this does to our economy could only be imagined. From the small barber to medium sized business owners to the big industries, it’s a new day.
“Most importantly, this will give more zest and energy to the Enyimba Economic City Project. Power has been a major issue in the plans for the project because, big corporations will have issues with coming to operate in an environment where power is not guaranteed. The power from Geometric will not only be uninterrupted but uninterruptible. I am truly excited and I give God all the glory. I also thank very sincerely the federal government and of course, Professor Nnaji for his tenacity”.
The Abia governor also thanked the federal government for heeding his persistent appeals to intervene in the contractual impasse between the Enugu Electricity Distribution Company (EEDC) and Geometric Power Ltd, which has led to the final signing of an Asset Sale Agreement between the two parties and the Bureau for Public Enterprises (BPE).
Orient Daily learnt that the agreement signed last week brought to an end the long-standing contractual imbroglio over the ownership of the rights to generate and distribute power to the Aba area that has impeded the full realisation of the power project.
Earlier, Prof. Nnaji informed the governor that with the new regime now in place, Geometric Power would extend their distribution to 9 local government areas of Ukwa East, Ukwa West, Ugwunagbo, Aba South, Aba North, Obingwa, Osisioma Ngwa, Isiala Ngwa South and Isiala Ngwa North.
According to the globally respected Professor of Robotics Engineering and former Minister of Power, the project was expected to deliver power between now and the next six months, assuring that the entire basic infrastructure had long been put in place. He described the Aba Power Project as the largest single economic investment in the entire South East region with a value of about 500 million Dollars.
Nnaji assured the people of Abia state that better days are now guaranteed with this power project and that the efforts of the governor to attract foreign investors to the state would receive massive boost.