Business

Nigeria’s Power Crisis: MD offers solution with private sector-led approach

Keep up with the latest news and be part of our weekly giveaways and airtime sharing; follow our WhatsApp channel for more updates. Click to Follow us

The Managing Director of Ossiomo Power, Dr Uwa Igiehon, has called on the Federal Government to grant more licences to private investors in the energy sector to address the country’s power infrastructure deficit. He made this call during a tour of facilities at the Ossiomo Industrial Park in Edo State.

For further information, read more details here

According to Dr Igiehon, the country’s incessant grid collapse is due to obsolete facilities that need to be replaced with modern technology. He assured residents that his firm has the capacity to provide power solutions to several communities without electricity, following its huge investment in infrastructure and key technologies.

Dr. Igiehon highlighted the technologies driving the economy of Edo State, including power generation, transmission, and distribution technologies, as well as digital metering and advanced payment systems. He said, “Today, we have shown you our second plant, the IPP2, which is really the focus of expansion going forward. We have shown you our gas supply infrastructure. We have shown you our IPP1, which was commissioned in April 2020. And we have also shown you our transmission line.”

He added that the Ossiomo Power plant network now covers over 200km around Benin metropolis, providing power to government establishments, commercial customers, and communities. Dr. Igiehon recalled that before Ossiomo Power’s intervention, the host community of Ologbo was without power for six years. He emphasized that access to affordable power supply is now available to Nigerians on the Ossiomo Power network

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post

Wisdom Engraced

Recent Posts

World Cup 2026: What Ecuador’s Coach Said After a Painful Opening Match Setback

Keep up with the latest news and be part of our weekly giveaways and airtime…

2 hours ago

World Cup 2026: Expert Reveals African Teams Most Likely to Shock the World

Keep up with the latest news and be part of our weekly giveaways and airtime…

2 hours ago

How Mercy Chinwo forced Daddy Freeze to Leave Alex Ekubo’s Service of Songs

Keep up with the latest news and be part of our weekly giveaways and airtime…

2 hours ago

What Oshiomhole Just Revealed About Amaechi’s Role in Buhari’s Victory Sparks Debate

Keep up with the latest news and be part of our weekly giveaways and airtime…

3 hours ago

VIDEO: Security Raid Uncovers What Authorities Found Hidden in Ogun Communities

Keep up with the latest news and be part of our weekly giveaways and airtime…

3 hours ago

Panic Grips Lagos Community After Nighttime Attack Leaves Residents in Shock

Keep up with the latest news and be part of our weekly giveaways and airtime…

3 hours ago