Commissioning Of Geometric Power Plant: Our Intervention And Vision Finally Paid Off – Ikpeazu

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COMMISSIONING OF GEOMETRIC POWER PLANT: OUR INTERVENTION AND VISION FINALLY PAID OFF -IKPEAZU

“When we came on board in 2015, I was clear about the role of SMEs in our economic agenda and I was determined to pursue a deliberate policy of giving SMEs a push. The power situation was clearly the greatest challenge to the survival of small businesses in the State. By then, the Geometric Power Project was lying comatose on account of contractual differences between the Federal Government and Interstate Electrics Limited, owners of the Enugu DISCO, on the one hand, and Geometric Power, on the other hand”.

“Our decision to intervene in the situation was measured and deliberate because we understood very clearly that our economic survival as a people and as a state would receive massive boost with guaranteed power supply.

Encouraged by the grit and determination of Professor Barth Nnaji, the CEO of Geometric Power, we approached the then Vice President, Professor Yemi Osinbajo and then Power Minister, Babatunde Fashola.

The eventual resolution of the contractual issues gave a new life to the project and saved the over 500 Million Dollars already invested in the project as at then. It would have been catastrophic to allow such humongous investment in our state to waste. The effect of such waste was simply unthinkable as it would have discouraged future investments in our State”.

  • Onyebuchi Ememanka
    Spokesman to Okezie Ikpeazu,

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By Abia ThinkTank

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