Ossiomo Power: How Nigeria Lost $1.9m In 5 Days – Gov Obaseki

Ossiomo Power How Nigeria Lost $1.9m In 5 Days - Gov Obaseki
Governor Godwin Obaseki
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The Governor of Edo State, Mr. Godwin Obaseki has revealed that Nigeria has lost over $1.9million in the past five days due to the disturbance of gas distribution to the Ossiomo Power plant situated in Ologbo, Ikpoba-Okha Local Government Area of the state.
The Ossiomo Power project is a product of Governor Godwin Obaseki-led state administration to ensure that the state maintains and generates power independently
The 95 megawatts installation came to fulfillment through a Power Purchase Agreement (PPA) with Ossiomo Power Company which powers government offices, hospitals, and streetlights in Benin metropolis.
Emotan Gardens Estate, Edo Tech Park, Edo Creative Hub, among others, all relish 22-24 hours of constant electricity supply daily.
Edo enterprise, Industrial Park and spur industrialization has also been a beneficiary of this huge project.
Obaseki welcomed members and Executives of Christian Association of Nigeria (CAN), South-South Zone led by its Chairman Arch. Bishop Israel Ege, at the Government House, Benin City, asked for immediate action to restore the power to normality.
The governor, represented by his deputy, Rt. Hon. Comrade Philip Shaibu said the failure of Benin Electricity Distribution Company (BEDC) to ensure constant electricity supply to Edo people led to the establishment of Ossiomo Power to liberate the people from darkness.
He 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 profit in the shortest possible time. They failed to invest but want to reap and make profit. They are the reason why we are all in darkness in Nigeria.’
He added, ‘We have the Ossiomo Power Plant because BEDC refused to work. We tried to help BEDC to work but it just refused to work and preferred to put the people in darkness.’
‘We set up a committee to understand what the issues were; we went to villages and communities to ensure we defrayed the debt owed BEDC. We put in our best as a government in ensuring we support and encourage them to ensure they serve and work for the people.’
Obaseki further stated: ‘We decided not to follow them but took our destiny in our own hands and worked out an agreement with investors and that gave birth to the Ossiomo power plant in Edo State.’
Ossiomo began to work and power government offices in the state but as of today, the power plant has been sabotaged and it’s no longer working.
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