Fidelity bank banner UBA banner
NERC grants electricity generation, distribution licences to Ariaria Market

By News Express on 21/06/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 518


The Nigerian Electricity Regulatory Commission (NERC) has granted license to Ariaria Market Independent Power Plant Limited to generate 9.5 megawatts (MWs) for Ariaria International market Aba, Abia State.

According to a release by Mrs. Vivian Mbonu, Head, Media Unit of NERC, “The Nigerian Electricity Regulatory Commission (NERC) in pursuit of overriding public interest has granted a 9.5megawatts embedded electricity generation licence to Ariaria Market Independent Power Plant Limited and an Independent Electricity Distribution Licence to distribute same within Ariaria Market to Ariaria Independent Energy Distribution Network Limited.

“The licences, issued in line with Section 71(6) of the Electric Power Sector Reform (EPSR) Act 2005 were granted after careful consideration of the applications in public interest to promote access to common goods and to promote commercialisation and industrialisation for which Ariaria, a leading commercial hub in the country is reputed for.

“Both licences granted to Araiaria were affirmation of the Commission’s commitment and response to the long-time yearnings of the market for a stable, reliable and sustainable electricity supply to improve quality of goods and services by Nigerian enterprises and entrepreneurs.”

Following the announcement of the new electricity licenses, traders and artisans at Aba, the commercial nerve centre of the South East region and the SME capital of Nigeria, erupted in jubilation.

Reacting to the development, traders at the Ariaria market expressed happiness over the granting of power generation and distribution license for the market by NERC and thanked the Abia State Governor, Dr Okezie Ikpeazu, for ensuring that the feat is achieved.

In a statement released to newsmen, the Chairman of Abia State Markets Amalgamated Traders Association (ASMATA), Chief Emeka Enechebe, applauded the federal government and Governor Okezie Ikpeazu for making the dream of steady power supply to the market a reality.

Enechebe stated that the approval of a licence to operate an independent power plant in Ariaria market as well as licensing of an independent distribution company, Ariaria Independent Energy Distribution Network Limited to handle the distribution of the generated power within the market is a welcome development that will spur improvements in manufacturing and trading activities within the area noted for hosting a major cluster of Aba shoemakers and other leather work.

He said: “We are happy that the federal government has favourably considered our request to end our sufferings in the hands of Enugu Electricity Distribution Company (EEDC) that have been exploiting us for years without giving us power to carry out our business. We also thank Governor Okezie Ikpeazu who has been at the forefront of fighting for us to have steady power supply to enable us do more business and support the industrialization, Trade and Commerce agenda of his administration.”

The leader of ASMATA, a platform of all affiliated market associations in Abia State, revealed that their members petitioned the federal government to caution EEDC for their uncharitable activities geared towards destroying the economic life of Aba, a city that survives mainly from the commercial and enterprising activities of residents.

ASMATA commended the federal government for licensing the Energy Company to provide power, initially to Ariaria International market and its environs.

“We salute the ingenuity and sacrificial disposition of Total Energy who since engagement and licensing have deployed men and material to ensure that our members enjoy uninterrupted supply.

“We were aware of the antics of EEDC and their promoters to perpetually destroy the remaining lifeline of economic and commercial activities of Aba. The contribution of Aba to the economic life of Abia and Nigeria cannot be ignored and must be encouraged by all men and Women of goodwill. We are therefore happy and celebrating the intervention of the federal and state government to save us from the yoke of EEDC.

“As a group, we endorse fully the activities of the Rural Electrification Agency and all those working assiduously to ensure that business operators including light and heavy manufacturers in Aba enjoy uninterrupted power supply. We believe that this is a sure way to improve the operations of the MSMEs leading to enhanced economic growth, job creation and improved IGR to governments to continue to provide dividends of democracy for the teeming masses. The critical role of MSME in economic development is key to our economic recovery plan, all hands should be on deck to ensure the survival of MSMEs and we see the activities of all players in the unfolding scenario, history and posterity will reward all accordingly.

“It is also pertinent, at this point, to commend His Excellency Prof Yemi Osinbajo, GCON the Vice President whose regular visits to Aba and shared vision with Governor Ikpeazu resulted in the success of Total Energy. It is on record today that over 1,000 shops in Ariaria has enjoyed uninterrupted power supply for over 10 months, which has really improved business in the area.

“As businessmen and women, all we desire is improved power supply that will improve business leading to overall improvement of the lives of our people.”

Source News Express

Posted 21/06/2018 7:43:06 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
4 killed, 160 wounded in Jerusalem protests

Army insists second rescued girl is Chibok student...

Contempt: INEC Chairman shouldn’t conduct 2019 elections —...

Missing oil $billions: SANUSI MAY GET $2 BILLION...

Breaking News: PTD National Treasurer kidnapped in Kaduna...

We have not reduced fuel price —NNPC

REVEALED: How Buhari’s son narrowly escaped death in...

2019: Atiku, Kwankwaso, Tambuwal, others jostle for NIM...

Tiger Woods arrested, booked into jail

2 allegedly dead, many injured as Osun APC...

The secret behind Coca-Cola’s success in Africa

Niger Delta University protests: Normalcy returns to Amassoma...

 

Latest News N5.8bn Controversy: Osinbajo has questions to answer — Reps Troops arrest 19-year-old female suicide bomber trying to hit Maiduguri Nigeria needs 155,000 more doctors INEC vows to expose holders of illegal PVCs FG awards N206bn contract for main work of Second Niger Bridge Dasuki boycotts trial over FG’s disobedience of court orders Embattled Kogi workers smile, get salaries Reps adjourn sitting over faulty sound system Police, service provider probe fake social media posts Senate adjourns sitting over low turnout of lawmakers Buhari’s Social Investment Programme is largesse for supporters, cronies — Atiku/Obi Advocacy Group Impeachment of Ondo Speaker, Deputy irreversible — New Speaker

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (419,849 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (389,394 views) Shameless Genevieve Nnaji exposes breasts in public (322,200 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (270,562 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (243,597 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (227,231 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (208,623 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (190,114 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (175,417 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (168,342 views) Lagos plane crash: Journalist releases victims’ names (164,793 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (151,738 views)

 

Zenith Zero Balance First Bank banner

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (72) Business & Economy (3,785) Business Verdict (54) Columnists (959) Complaints & Requests (94) Enterprise & Opportunities (208) Entertainment (565) Features (667) Global Business Monitor (309) International (2,675) Interview (166) Live Commentary (28) Love Matters (146) Maggie's Blog (32) News (40,496) Opinion (1,140) Pidgin (13) Politics (7,702) Religion (896) Sports (1,770) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera