Niger Delta
Bayelsa Woos Investors In Power Sector
The Bayelsa State Government has said it is poised to take advantage of the Electricity (Amendment) Act recently enacted by the National Assembly by partnering well-meaning investors to generate and supply power in the State.
Deputy Governor of the State, Senator Lawrence Ewhrudjakpo, made this known during a recent courtesy visit by the House of Representatives Committee on Power led by its Chairman, Hon. Victor Nwokolo, to Government House, Yenagoa.
Ewhrudjakpo identified poor power supply occasioned by endemic corruption and lack of patriotism on the part of most stakeholders in the sector as a major stumbling block to efforts being made to drive industrial and economic development in Nigeria.
While expressing gratitude to his visitors, he urged them to facilitate the resuscitation of the Gbarain 252 Mega Watts Power Station in Koroama, which had a part of it burnt since September, last year, thereby subjecting the state to unprecedented power outages.
The state’s number two man wondered why the Federal Fovernment-owned station had failed to function effectively for the people to benefit maximally despite the state government’s support.
He, however, commended the National Assembly for enacting the Nigerian Electricity (Amendment) Act 2024, which ended the monopoly of the Federal Government in the power sector over the years.
The Deputy Governor also thanked the member representing the Yenagoa/Kolokuma Federal Constituency at the House Representatives, Hon. Oboku Oforji, for raising the issue of blackout in the state on the floor of the house, which necessitated the visit.
Speaking further, he stated that although investment in the power sector was quite capital intensive, the state government’s doors were open for effective partnerships to meet the energy needs of the state.
“We thank the two chambers of the National Assembly for passing the Electricity Act, because it has unbundled and dismantled the monopoly in the hand of the Federal Government. Now it is a question of what you can do in your state.
“If there is no power, there is no development. The power issue is actually the main issue in this country. But unfortunately, that is one area we are not giving enough attention to.
“As a state, we are ready to partner with serious investors in the power sector to produce enough power to meet the energy needs of our state.
“We are happy the Niger Delta Power Holding Company is represented here. We want you to build an additional power plant to boost power generation”, he said.
Speaking earlier, the Chairman, House Committee on Power, Hon. Victor Nwokolo, said they were in Bayelsa for an on-the-spot inspection of the burnt section of the power transmission station at Gbarain in Yenagoa Local Government Area of the state.
Addressing newsmen at the Gbarain Power Plant, Hon. Nwokolo assured that the Committee would report its findings to the House to enable it take informed decisions to improve power supply in Bayelsa and its environs.
Also speaking, the Member representing Yenagoa/Kolokuma/Opokuma Federal Constituency, Hon. Oboku, and the Managing Director, Bayelsa State Electricity Company, Mr Olice Kemenanabo, expressed displeasure at the laid-back attitude of NDPHC toward fixing the burnt section of the Gbarain power plant.
While cautioning against politicization of power supply issues in the state, they called on the Federal Government to prevail on the Niger Delta Power Holding Company and other relevant stakeholders to urgently tackle the power outage problem in Bayelsa.
It would be recalled that the Nigerian House of Representatives passed a resolution to resuscitate the Gbarain power transmission station during plenary recently following the adoption of a motion sponsored by Hon. Oboku Oforji, member representing Yenagoa/Kolokuma/Opokuma Federal Constituency of Bayelsa State.
By: Ariwera Ibibo-Howells, Yenagoa
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
Niger Delta
Bayelsa’s Aircraft Makes Inaugural Flight…As Lawmakers, Oil Minister, NDDC’S MD Hail Diri
Niger Delta
Traditional Ruler Seeks End To Benin Artifacts Unauthorized Promotion
-
Featured2 days agoOil & Gas: Rivers Remains The Best Investment Destination – Fubara
-
Nation3 days agoOgoni Power Project: HYPREP Moves To Boost Capacity Of Personnel
-
Nation3 days ago
Hausa Community Lauds Council Boss Over Free Medical Outreach
-
Nation3 days ago
Association Hails Rivers LG Chairmen, Urges Expansion Of Dev Projects
-
Nation3 days ago
Film Festival: Don, Others Urge Govt To Partner RIFF
-
Nation2 days ago
MOSIEND Calls For RSG, NDDC, Stakeholders’ Intervention In Obolo Nation
-
News2 days agoNDLEA Arrests Two, Intercepts Illicit Drugs Packaged As Christmas Cookies
-
Rivers3 days ago
UNIPORT Moves To Tackle Insecurity … Inducts Security Experts
