Obaseki reveals how Nigeria lost over $1.9n due to gas supply disruption

Obaseki reveals how Nigeria lost over $1.9n due to gas supply disruption

The disruption of gas supplies to the Ossiomo Power Plant at Ologbo in the state’s Ikpoba-Okha Local Government Area has cost more than $1.9 million in the previous five days, according to Godwin Obaseki, Governor of Edo State.

His government came up with the Ossiomo Electricity project to make the state’s power supply self-sufficient.

The 95MW facility was built thanks to a Power Purchase Agreement (PPA) with Ossiomo Power Company. It serves the capital city of Benin’s government buildings, hospitals, and streetlights.

A consistent electrical supply is available to Edo Tech Park, Emotan Gardens Estate, Edo Creative Hub; as well as other locations for 22 to 24 hours each day. The power is also extended to Edo Enterprise and Industrial Park to promote industrialisation.

Also Read: ASUU reveals ongoing strike ‘sacrifice’ for betterment of university system

Obaseki, who received members and Executives of the Christian Association of Nigeria, CAN, South-South zone; led by its chairman, Arch. Bishop Israel Ege, at the Government House, Benin City; called for urgent action to reverse the troubling situation.

Equally important, the governor, who was represented by his deputy, Comrade Philip Shaibu, said the failure of Benin Electricity Distribution Company, BEDC, to ensure a steady electricity supply to the Edo people led to the establishment of Ossiomo Power to liberate the people from darkness.

Specifically, Obaseki said: “You talked about Ossiomo Power Plant, which is why I said Nigeria’s problems are man-made.

“For the past five days, Ossiomo has not been working because someone went to switch off the gas station and now, no gas to power the system. The inability of the plant to supply electricity to the people is causing Nigeria to lose over $1.9million.

”We are losing revenue and nobody cares about that. Instead, they are just sitting in Abuja doing nothing about it,” he decried.

On the challenges with the old system, he said: “We sold our collective heritage all in the name of privatizing the power sector; we sold them to people that never understood or had the idea of developing the electricity sector or solving our electricity problems.

”Rather, they bought it and want to make a profit in the shortest possible time. They failed to invest but want to reap and make a profit. They are the reason why we are all in darkness in Nigeria.”

Related posts

Leave a Reply

Your email address will not be published.