Oil & Energy

Otti Excited By Geometric Power Plant In Aba

Published

on

A gubernatorial candi
    date in Abia State, Dr Alex Otti of the All Progressives Grand Alliance (APGA), has expressed excitement over the Geometric Power Plant in the state, saying when completed, the project would guarantee uninterrupted power supply in Aba commercial city and its environs.
Otti who expressed this hope during the recent inspection of the project by President Goodluck Jonathan, noted that the project would revive economic and industrial activities in the area.
He said, “it means a whole lot for Aba and its environ because the day Geometric switches on power, Aba will begin to enjoy 24-hour uninterrupted power supply.”
The APGA candidate said he was worried that both small and medium scale industries in Aba were unable to operate because of epileptic power supply and remarked that as soon as the company comes on stream, the industries will come back and employment will also begin to grow.
He hailed the Federal Government’s move to wade into the disagreement between Geometric and the Bureau of Public Enterprises (BPE). He noted that the company had been at loggerheads with BPE over the status of Aba business district which ought to be carved out as an island for Geometric, but later sold by BPE to Interstate Electric as part of Enugu DISCO.  
According to him, government’s intervention would enable the company complete the work and ensure take-off of the plant.
The former Chief Executive of Diamond Bank, recalled how the bank intervened in 2011 to ensure that work resumed on the project after set back occasioned by the global economic recession.  
He said that he took the project to the board of the bank in 2011 when he joined the bank and secured approval of the bank for the project to recommence.
Otti explained that when he saw the huge amount involved in the project, he took the matter to the former Governor of the Central Bank of Nigeria, Malam Lamido Sanusi.

Trending

Exit mobile version