Power & Energy - Abia ThinkTank News

Feb

2025

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,…

Feb

2025

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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…

Feb

2025

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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…

Feb

2025

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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…

Feb

2025

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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…

Jan

2025

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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…

Jan

2025

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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…

Jan

2025

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Peter Obi Makes U-Turn Over His Comment On Alleged National Grid Collapse

News Flash, Politics, Power & Energy, Presidency

Peter Obi Makes U-turn Over His Comment On Alleged National Grid Collapse Following social media backlash, Peter Obi, the presidential candidate of the Labour Party in the 2023 presidential election has made a u-turn over his controversial comment on the alleged collapse of the national grid. After a power outage in some parts of Lagos on Saturday, January 11, 2025, which many erroneously attributed to national grid collapse, Obi, in a tweet said the incessant fall of the grid which happened 12 times in 2024 has subjected Nigerians to ‘untold setback and hardship.’ According to him, despite borrowing over $3.23…

Nov

2024

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The Level Of Corruption In The Power Sector Will Make You Cry – EFCC Chairman, Olukoyede

Abuja, Crime, News Flash, Power & Energy

Things We Discovered In Power Sector Will Make You Cry – Olukoyede, EFCC Chairman The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has said the level of corruption in the power sector would make people cry. He put it this way: “As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears. “People were awarded contracts to supply electricity equipment. Instead of using what they call 9.0 guage, they will go and buy 5.0. Every time you see the…

Nov

2024

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FGN Promises 20-Hour Daily Electricity Supply By 2027

FGN, News Flash, Power & Energy

FG Promises 20-Hour Daily Electricity Supply By 2027 The Federal Government has revealed plans to provide Nigerians with at least 20 hours of daily electricity by 2027. However, it has conditioned this target on sufficient investment in Nigeria’s oil and gas sector, which it has said is currently far below expectations. The Special Adviser to the President on Energy, Olu Verheijen, made this statement at the Energy Week in Cape Town, South Africa, in a release by the State House Director of Information and Publicity, Abiodun Oladunjoye, on Thursday. “By 2027, Nigeria aims to ensure 20 hours of electricity daily…