Ariaria market obtains independent electricity licence

By Editor on 22/06/2018

Share on facebook Yahoo mail icon Gmail icon

Views: 799


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...
As PDP Decides: “A Candidate Who Will Restructure...

Enugu PDP aspirants reconcile, opt to work for...

2019 election: We have over 80m registered voters,...

Fani-Kayode reveals what Buhari allegedly did in UK,...

WAEC disagrees with Presidency, says Buhari applied for...

Massacre in Zamfara as gunmen kill 41

Gov. Ugwuanyi begs FG to hand over land...

Court Orders Movement Of Dino Melaye To Abuja...

Buhari signs petroleum varsity bill into law

No vacancy in Enugu – Archbishop Chukwuma tells...

2019: We must encourage new generation to take...

Obasanjo denies supporting Buhari … says even morons...

 

Latest News Election Postponement: INEC Chairman has many questions to answer --ABC Nwosu TI doubts safety, integrity of electoral materials El-Rufai lied over killing of 66 Kaduna residents — CAN, NEMA INEC slams door on PVC collection, campaigns before Feb 23 Nigerians ‘ll vote out Buhari on February 23, despite election postponement – Wike Troops kill 37 bandits, lose 6 soldiers in Zamfara NASS postpones resumption Gunmen kill APC chieftain in Benue No elections in Rivers without our candidates, APC vows INEC postpones Nigeria elections, announces new dates, gives reasons PDP rejects shift in election dates, asks INEC chair to resign Gunmen kill 66 people in Kaduna

 

Most Read NAFDAC eases processes, cost of registering products for MSMEs (7,598 views) Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (6,392 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (6,092 views) IPOB: ‘We need urgent clarifications on Nnamdi Kanu’s status, whereabouts’, UK Govt tells FG (5,583 views) ASUU strike: Senate intervention ends in deadlock (5,461 views) Ex-governor Adebayo, Keyamo, Arise, others get board appointments (4,545 views) Prince Arthur Eze canvasses support for Buhari, Ugwuanyi (4,437 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (4,367 views) Anambra: INEC releases 37 candidates for Nov poll (4,316 views) Nigeria ripe for Restructuring Now – Nwodo in Chatham House (4,307 views) Buhari has disappointed Nigerians – Arewa Youth Forum (4,274 views) Quit notice: Kaduna Govt obtains bench warrant against Northern youths (4,195 views)

 

SECTIONS NEWS (823) EDITORIAL (6) POLITICS (412) SOCIETY (104) SPORTS (13) BUSINESS (240) HEALTH (16) EDUCATION (20) ENTERTAINMENT (8) INTERNATIONAL (31) TECHNOLOGY (1) COLUMNISTS (0) LETTERS (0) OPINION (10)

 

 

Julius Agwu - Crazy Interview Demands