Power & Energy

Feb
18
2025
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By Abia ThinkTank
Debated Planned Acquisition Of 60% Of EEDC Shares By ABIA State Government; And Dr. Odo Ijere Submitted!

Debated Planned Acquisition Of 60% Of EEDC Shares By ABIA State Government; And Dr. Odo Ijere Submitted!

Columns/Opinions/Letters, Good Governance, Politics, Power & Energy
On further Clarifications by the Commissioner for Power and Public Utilities concerning the raging 60% acquisition of EEDC. The clarifications contained in the release by the Honourable Commissioner for Power and Public Utilities, Engr. Ikechukwu Monday yesterday is clear, unambiguous and well understood. His statement that due technical diligence is being carried out on the dilapidated infrastructure being used by the EEDC to distribute darkness in the State, as part of ongoing negotiations to acquire 60% stakes of Interstate Electrics in EEDC is different from what we read from the CPS that Abia state has acquired 60% of EEDC holding.…
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Feb
16
2025
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By Abia ThinkTank
Right-Of-Reply: Re: The Planned Acquisition Of 60% EEDC Shares By ABIA State Government – Dr. Chief Odo Ijere(Okpotemba) Replies Ctn Ukoha Njoku Ukoha (CPS To Gov. Otti)

Right-Of-Reply: Re: The Planned Acquisition Of 60% EEDC Shares By ABIA State Government – Dr. Chief Odo Ijere(Okpotemba) Replies Ctn Ukoha Njoku Ukoha (CPS To Gov. Otti)

Abia State, Columns/Opinions/Letters, Good Governance, Power & Energy
Re: THE PLANNED ACQUISITION OF 60% EEDC SHARES BY ABIA STATE GOVERNMENT. My Right of Reply to Citizen Ukoha Njoku, the Chief Press Secretary. My dear brother Ukoha, you started your rejoinder to my article rather badly by referring to my remarks as "skepticism". As the Chief Press Secretary to the Governor, you are expected to discern the boundary between an advisory remark and a skeptical engagement. Knowing me and where I'm coming from should have told you that mine was just a remark to keep our government properly guided before we commit unintended mistake. You should also be mindful…
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Feb
16
2025
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By Abia ThinkTank
Right-Of-Reply: Increased Productivity In ABIA As The Major Driver Of The Planned Acquisition Of EEDC: A Clarification To Dr. Odo Ijere’s Scepticism – Ctn Ukoha Njoku Ukoha (CPS To Gov. Otti)

Right-Of-Reply: Increased Productivity In ABIA As The Major Driver Of The Planned Acquisition Of EEDC: A Clarification To Dr. Odo Ijere’s Scepticism – Ctn Ukoha Njoku Ukoha (CPS To Gov. Otti)

Abia State, Columns/Opinions/Letters, Power & Energy
INCREASED PRODUCTIVITY IN ABIA AS THE MAJOR DRIVER OF THE PLANNED ACQUISITION OF EEDC: A CLARIFICATION TO DR. ODO IJERE'S SCEPTICISM. The planned acquisition of 60% equity in EEDC by Abia State Government is deliberate and intentional. The decision to have the majority share is to give the State Government the latitude to lead the efforts in reversing the 'poorly managed' EEDC by Interstate Electrics Limited, improve power supply to Abians living around the Umuahia ring-fence and increase productivity/output in Abia State. Dr. Odo in his article admitted that EEDC is among the worst managed DISCO in Nigeria but failed…
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Feb
16
2025
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By Abia ThinkTank
The Planned Acquisition Of 60% EEDC, Let’s THINK Before We Shoot Ourselves On The Legs – Dr. Chief Odo Ijere (Okpotemba)

The Planned Acquisition Of 60% EEDC, Let’s THINK Before We Shoot Ourselves On The Legs – Dr. Chief Odo Ijere (Okpotemba)

Abia State, Columns/Opinions/Letters, Good Governance, Power & Energy
THE PLANNED ACQUISITION OF 60 % EEDC,let's think before we shoot ourselves on the legs. It will do this state a lot of good if we distance ourselves from any joint venture or partnership with EEDC, very poorly managed by Interstate Electrics limited. EEDC is among the worst managed Disco in Nigeria of all the Discos created by privatization for close to 20yrs. We expected the Abia state government to take advantage of unbundling of the electricity sector or removal of power from the exclusive legislative list to roll out plans for investors to start up businesses in the generation,…
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Feb
14
2025
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By Abia ThinkTank
Governor Otti Restates Commitment To Actualizing Reliable Power Supply In ABIA State

Governor Otti Restates Commitment To Actualizing Reliable Power Supply In ABIA State

Abia State, Good Governance, News Flash, Power & Energy
Goveenor Otti Restates Commitment to Actualising Reliable Power Supply in Abia State Abia State Governor, His Excellency, Dr. Alex Otti, OFR, has restated his commitment to actaulising reliable power supply as a way of encouraging industrialisation in Abia State. Governor Otti gave the assurance when he led a delegation from the European Union on a visit to the management of Aba Integrated Power Project(Geometric) at their Osisioma Corporate Headquarters as well as tour of the power plant facilities. Governor Otti commended the management of Aba IPP for the progress they have recorded so far in power generation and distribution, especially…
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Feb
08
2025
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By Abia ThinkTank
Governor Alex Otti Moves To Expand Power Distribution In ABIA State, Discusses Security With The AIG

Governor Alex Otti Moves To Expand Power Distribution In ABIA State, Discusses Security With The AIG

Abia State, Good Governance, News Flash, Police Force, Power & Energy
GOVERNOR ALEX OTTI MOVES TO EXPAND POWER DISTRIBUTION IN ABIA STATE, DISCUSSES SECURITY WITH THE AIG. The Executive Governor of Abia State, His Excellency, Dr. Alex Chioma Otti, OFR today Friday, February 7th, held a meeting with a team from Geometric Power Limited led by the Chairman, Prof. Barth Nnaji and he Managing Director of Stanvian Energy and Transcorp Power, Afam, Engr. Vincent Ozoude to deliberate and agree on the modalities to wheel more energy into the Ukwa Area of the State to support productivity. The Governor was joined in the discussion by the Honourable Commissioner for Power and Public…
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Feb
04
2025
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By Abia ThinkTank
FG Clarifies Electricity Tariff ‘Misrepresentation’

FG Clarifies Electricity Tariff ‘Misrepresentation’

FGN, News Flash, Power & Energy
FG Clarifies Electricity Tariff ‘Misrepresentation’ Special Adviser to the President on Energy, Olu Arowolo Verheijen, has clarified recent media reports suggesting an imminent 65 percent increase in electricity tariffs, stating that her comments on the topic were misrepresented. Reacting to media reports on the said comment in a statement she issued on Monday, Verheijen emphasized that her remarks during a recent press interview were inaccurately reported. “It has become necessary to clarify media reports suggesting an imminent 65 percent increase in electricity tariffs. This is a misrepresentation of what I actually said,” she stated. She however assured Nigerians that the…
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Feb
03
2025
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By Abia ThinkTank
Brace Up For Fresh Electricity Tariff Hike – FG Tells Nigerians

Brace Up For Fresh Electricity Tariff Hike – FG Tells Nigerians

FGN, Power & Energy
Brace Up For Fresh Electricity Tariff Hike – FG Tells Nigerians The Federal Government says plans are ongoing to increase electricity tariffs “over the next few months”. It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users. Bloomberg quoted the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, as giving this hint at the Africa Heads of State Energy Summit in Dar es Salaam, Tanzania, where Nigeria presented a $32 billion plan to expand electricity connections by 2030. According to the presidential aide, Nigeria is trying to resolve the transition to…
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Jan
30
2025
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By Abia ThinkTank
FGN Secures $1.1 Billion AfDB Loan To Power 5 Million People By 2026 – President Tinubu

FGN Secures $1.1 Billion AfDB Loan To Power 5 Million People By 2026 – President Tinubu

FGN, News Flash, Power & Energy, Presidency
FG Secures $1.1 Billion AfDB Loan To Power 5 Million People By 2026 – President Tinubu The Federal Government has secured a $1.1 billion loan from African Development Bank, AfDB, to provide electricity for 5 million people by the end of 2026. Special Adviser to the President, (Information & Strategy), bayo Onanuga, who disclosed this in a statement, said President Bola Tinubu made this known at the just concluded two-day Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania. Tinubu also stated that the AfDB’s $200 million in the Nigeria Electrification Project would provide electricity for 500,000 people by…
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Jan
30
2025
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By Abia ThinkTank
Otti’s Rural Electrification Initiative: Bringing Light And Life To ABIA Communities – By Ebere Uzoukwa, Ph.D (SSA To Governor Otti On Public Affairs)

Otti’s Rural Electrification Initiative: Bringing Light And Life To ABIA Communities – By Ebere Uzoukwa, Ph.D (SSA To Governor Otti On Public Affairs)

Abia State, Columns/Opinions/Letters, Good Governance, Power & Energy
Otti's Rural Electrification Initiative: Bringing Light and Life to Abia Communities Ebere Uzoukwa, Ph.D Governor Alex Otti's vision for Abia State is one of transformation, and his rural electrification initiative is a shining example of this commitment. By bringing light and life to rural communities, Governor Otti is bridging the gap between urban and rural areas, stimulating economic growth, and improving the quality of life for the people. This initiative is a testament to Governor Otti's dedication to ensuring that every community in Abia has access to electricity, a fundamental necessity for modern life. The gains of rural electrification are…
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