Ariaria market obtains independent electricity licence

By Editor on 22/06/2018

Share on facebook Yahoo mail icon Gmail icon

Views: 1,038


In an effort to boost power at the Ariaria International Market, Aba, Abia State, the Nigerian Electricity Regulatory Commission (NERC) has granted power generating licence to Ariaria Market Independent Power Plant Limited to generate 9.5 Megawatts for the market.

NERC also granted licence to Ariaria Independent Energy Distribution Network Limited to distribute the energy generated by the company within Ariaria Market.

This, according to traders and artisans in the market and its environs, would help boost their business, especially the small and medium businesses in the state which is being championed by Governor Okezie Ikpeazu.

Disclosing this, NERC through its Head, Media Unit, Mrs. Vivian Mbonu, said that the licence was granted “after careful consideration of the application in public interest to promote access to common goods and to promote commercialization and industrialisation”.

According to Mbonu: “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 commercialization and industrialization for which Ariaria, a leading commercial hub in the country is reputed for.

“Both licences granted to Ariaria 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”.

Traders at the Ariaria market have expressed happiness over the gesture by NERC and commended Governor Ikpeazu for his relentless effort to realize it.

According to the chairman of traders’ associations in the state, ASMATA, Chief Emeka Enechebe, “we are happy that the Federal Government has favorably considered our request to end our sufferings in the hands of Enugu Electricity Distribution Company, EEDC, that has 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.”

Posted 22/06/2018 06:59:25 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
Buhari bans 50 high-profile Nigerians from travelling

Appointments by Buhari: APC Stakeholders stage protest in...

Allow Ojukwu’s spirit to rest in peace, MASSOB...

Police investigate fire outbreak in Enugu timber market...

Fayose to sell petrol to motorists today

Lagos Fire Service chief, six others abducted

Obi of Onitsha calls for restructuring

“Leaked Military Intelligence Have Exposed Nnamdi Kanu’s Whereabouts”...

Petrol imports hit 5.61 billion litres in Q2...

Probe SARS Commander’s involvement in poll infractions, Rivers...

PDP Campaign Council to be unveiled soon --ABC...

Nigerian govt refutes rumour its medical outreach programme...

 

Latest News Tension in Kogi as armed hoodlums set fire to SDP office FG concludes work on MOPICON Bill – Lai Mohammed 322 Nigerian firms shut down in five years – World Bank N5b goods trapped at Seme border Kogi Assembly approves renaming of state varsity after late Gov Audu Bauchi govt denies rift with Gombe over oil discovery Hard times loom in states, revenues shrink, wage bills rise Power generation collapses to 145MW Eid Maulud: Kidnappings, forced marriage against Islamic injunctions – Buhari Bayelsa election: I don’t know price of AK-47 rifle –Dickson Domestic workers steal N243m jewellery from Lagos celebrity Kogi Election: El-Rufai denies stepping down as Chairman APC’s campaign council

 

Most Read Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (15,316 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (15,090 views) ASUU strike: Senate intervention ends in deadlock (14,290 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (13,261 views) All you need to know about Peter Obi, PDP VP Candidate (12,730 views) Sickle cell support group seeks lgovernment intervention (12,311 views) Ebonyi bans embalming of corpses in homes (12,068 views) DEMOCRACY DAY: President Muhammadu Buhari’s full speech (11,139 views) Israel serves quit notice to African illegal migrants (10,887 views) The Big Kick-off: World greatest sports fiesta begins in Russia (10,760 views) France wins 2018 World Cup Final (10,657 views) England beat Spain to win U17 World Cup final (10,644 views)

 

SECTIONS NEWS (1,887) EDITORIAL (8) POLITICS (434) SOCIETY (113) SPORTS (22) BUSINESS (288) HEALTH (18) EDUCATION (28) INTERNATIONAL (40) ENTERTAINMENT (15) TECHNOLOGY (1) COLUMNISTS (0) LETTERS (0) OPINION (15)

 

 

Julius Agwu - Crazy Interview Demands