- Edo State Governor Godwin Obaseki records the Ossiomo Power Plant loss of over $1.9 million due to the gas supply disruption to Nigeria.
Due to the state’s Ikpoba-Okha Local Government Area’s suspension of the gas supply to the Ossiomo Power Plant at Ologbo, $1.9 million has been wasted over the past five days.
The Governor’s administration developed the Ossiomo Electricity project to make the state’s power supply self-sufficient. The 95MW plant was built thanks to a Power Purchase Agreement (PPA) with Ossiomo Power Company, and it serves the capital city of Benin’s government buildings, hospitals, and streetlights.
A reliable electrical supply is available to Edo Tech Park, Emotan Gardens Estate, Edo Creative Hub, and other locations for 22 to 24 hours daily. The power has also been extended to Edo Enterprise and Industrial Park to promote industrialization.
The Deputy Governor said the failure of Benin Electricity Distribution Company BEDC to ensure a steady electricity supply to Edo led to the establishment of Ossiomo Power to liberate the people from darkness.
“We are losing revenue, and nobody cares about that. Instead, they are just sitting in Abuja doing nothing about it,” he decried.
When discussing the problems with the previous system, The Vanguard newspaper quotes the Governor as saying: “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.”