Business News

Geometric Power Plant: Previous administration made no investment in the project – Alex Otti 

The governor of Abia State, Alex Otti, has confirmed that the previous administration of the state made no financial investment in the recently commissioned 188MW geometric power plant project in the State.  

The governor spoke through the Minister of Commissioner for Information and Culture, Mr Okey Kanu, in a press statement on Tuesday at the Government House, Umuahia. 

According to Kanu, some parties have argued that the previous administration contributed investments to the project for the state government.  

Kanu stated that the government operates on facts rather than assumptions, emphasizing that at the time of transition, the current administration received no documentation to substantiate the claims. 

On his part, Mr. Ferdinand Ekeoma, the Special Adviser to the Governor on Media and Publicity, characterized the government as an entity that adheres to specific procedures and upholds particular standards in its operations. 

Furthermore, Ekeoma mentioned that the present administration did not possess any documents to prove that the previous government had financially committed to the project. 

According to him, finding out that the government had received something substantial from the previous administration would be a beneficial development. 

In a recent report, Nairemetrics explained the significance of 188MW Geometric Power Plant in Aba, Abia State, in the energy sector of the Southeast state.