Wednesday, June 10, 2026
  • About Us
  • Advertisement
  • Privacy Policy
The Daily Crucible
Advertisement
  • Home
  • News
  • Business
    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Burna Boy Leads Star-Studded Celebration for Grandfather Pa Benson Idonije’s 90th Birthday

    Burna Boy Leads Star-Studded Celebration for Grandfather Pa Benson Idonije’s 90th Birthday

    INEC Traces Leak of Emeka Ike’s Voter Records to Electoral Officer, Clears System of Breach

    INEC Traces Leak of Emeka Ike’s Voter Records to Electoral Officer, Clears System of Breach

    Davido To Buy Back His Music Masters From Sony, Says Children Will Inherit Royalties

    Davido To Buy Back His Music Masters From Sony, Says Children Will Inherit Royalties

    ‘I Strongly Desire to Have a Baby Girl’ — Regina Daniels

    ‘I Strongly Desire to Have a Baby Girl’ — Regina Daniels

    “I Can’t Be a Second Wife” — Damilola Oni Opens Up On Love, Singlehood, Ideal Man 

    “I Can’t Be a Second Wife” — Damilola Oni Opens Up On Love, Singlehood, Ideal Man 

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Fernandes, Guedes Fire Portugal Past Chile In Tense Friendly Clash

    Fernandes, Guedes Fire Portugal Past Chile In Tense Friendly Clash

    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
  • Home
  • News
  • Business
    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    Burna Boy Leads Star-Studded Celebration for Grandfather Pa Benson Idonije’s 90th Birthday

    Burna Boy Leads Star-Studded Celebration for Grandfather Pa Benson Idonije’s 90th Birthday

    INEC Traces Leak of Emeka Ike’s Voter Records to Electoral Officer, Clears System of Breach

    INEC Traces Leak of Emeka Ike’s Voter Records to Electoral Officer, Clears System of Breach

    Davido To Buy Back His Music Masters From Sony, Says Children Will Inherit Royalties

    Davido To Buy Back His Music Masters From Sony, Says Children Will Inherit Royalties

    ‘I Strongly Desire to Have a Baby Girl’ — Regina Daniels

    ‘I Strongly Desire to Have a Baby Girl’ — Regina Daniels

    “I Can’t Be a Second Wife” — Damilola Oni Opens Up On Love, Singlehood, Ideal Man 

    “I Can’t Be a Second Wife” — Damilola Oni Opens Up On Love, Singlehood, Ideal Man 

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Fernandes, Guedes Fire Portugal Past Chile In Tense Friendly Clash

    Fernandes, Guedes Fire Portugal Past Chile In Tense Friendly Clash

    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    Champions Arsenal Cruise Past Palace as Teen Star Makes History

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    End of an Era: David Alaba Set to Leave Real Madrid After Trophy-Laden Spell

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Aston Villa Thrash Freiburg To Win Europa League As Emery Makes History

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Rangers Declare War Ahead of Federation Cup Clash with Godswill Akpabio FC

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
No Result
View All Result
Home Business

Aba Geometric Power Plant To Tripple Industrial Outputs, Create Millions Of New Jobs

The Daily Crucible by The Daily Crucible
February 28, 2024
in Business
0
Aba Geometric Power Plant To Tripple Industrial Outputs, Create Millions Of New Jobs

 

The inaugurated 188-megawatt geometric power plant in Aba, Abia state, no doubt will accelerate power supply to industrial clusters in the region.

You might also like

Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

Inaugurated on Monday, February 26 by Vice President Kasim Shettima who represented President Bola Ahmed Tinubu, the power plant, reckoned as the first integrated electricity facility in Nigeria.

 

It is located in the Osisioma industrial area of the south-eastern state.

 

By the planning, it expected that Aba Power Limited Electric, a new electricity distribution company (DisCo), will take electricity from the plant and supply it to nine local government areas — out of 17 — in Abia state.

The power firm has expended by way of investment about $800 million on its integrated power project in uilding of a 27-kilometre natural gas pipeline, from Owaza in Ukwa West LGA in Abia to the Osisioma industrial layout in Aba among others infrastructure.

 

Highlighting the importance of the private sector energy investment initiative, Governor Alex Otti of Abia state said the industrial output from Aba and its environs will triple and create millions of new jobs.

Otti said the success of the power project will send a clear signal to local and international investors that Aba is open for business.

“When I first saw the proposal for geometric integrated power plant, I knew I had to be involved immediately because, if just 50 percent of what had been proposed could be achieved, the industrial output from this great city and this environs would triple and millions of new jobs will be created directly and indirectly in the short to medium term,” He said.

 

Otti further urged residents of Abia state to pay their electricity bills when due.

According to the governor, there must be no attempt to sabotage the revenue flow to the company “because project like this requires steady cash flow for effective operations including payment for gas supplies.”

He also urged community leaders to work closely with security agents to guide against any form of vandalisation of critical supply or distribution infrastructure either for reasons of criminality or willful sabotage.

Earlier, Barth Nnaji, chairman of Geometric Power Group, attributed the location of the $800m Geometric Power Plant in Aba to Ngozi Okonjo-Iweala and the late James Wolfohnson.

Nnaji disclosed this during a recent convened leadership colloquium on “Igbo Leadership and Development.”

 

He said, “After the visit in 2004, the duo asked me to consider building a 50-megawatt power plant in Abia for manufacturers, both big ones like the Star Paper Mill and small ones like the hundreds of excellent shoemakers and clothiers at the famous Ariaria Market.

“They approached me obviously because I had led a small team of dedicated Nigerian engineers and entrepreneurs to build a 22megawatt Emergency Plant in Abuja in 2001 for the supply of electricity to State House, the NNPC headquarters, the Abuja Business District, and other places.

“I acceded to the request by Okonjo-Iweala and Wolfohnson. What the two did not realize was that my enthusiastic acceptance was because the plant would be located in Aba. This city has a special place in the heart and mind of every person interested in our country’s rapid progress: It is the home of indigenous manufacturing, innovation, and entrepreneurship.

“Geometric Power Limited is making its contribution to help reclaim the old economic days of the Great Zik of Africa, M.I. Okpara, and many others. Once Geometric Power addresses the electricity challenge in nine out of 17 local government areas in Abia State fully, not even the sky will be the limit of the attainments of the people and government of Abia State. Abia can set the stage of development miracle which has been waiting to happen.”

Nnaji also revealed that if the 188-megawatt Geometric Power Plant in Aba and the Aba Power distribution company in Osisioma Industrial Layout had been situated in Ikeja, the Ilupeju Industrial Estate in Lagos State, the Agbara Industrial Layout in Ogun State, or somewhere in the vicinity of the Federal Capital Territory of Abuja, they would have been more profitable ventures.

Nnaji also said, “The return on investment would have been quicker and bigger (in these locations). However, we would have missed the strategic reason for locating both the generation and distribution arms of Geometric Power Group. Only the investors and promoters of Geometric Power would have benefitted directly, but the people and governments of Ala-Igbo would be the losers.”

He stated that his firsthand experience of what industrialists in Igbo land were going through was another reason why he chose to build the plant.

“As a professor of manufacturing engineering in the United States in the 1990s, I decided to build a plant in Emene, Enugu, to produce vehicle spare parts, including engines, of the highest standard in the world. After all, I had watched my former students from Taiwan and other places in Southeast Asia rush home to produce sophisticated auto parts and engines.

“So, we purchased a large swath of land for this purpose, but when my South Korean partners visited Enugu, it became obvious that the project would not take off principally because of poor electricity. While I was thinking of how to help resolve the electricity problem in Ala Igbo, Okonjo-Iweala and Wolfohnson made the request. The rest is history,” Nnaji added.

Nnaji described the journey in the words of Winston Churchill, former British prime minister, “it has since 2004 been tears, sweat, and blood.”

“I don’t want to tell the story of sweat, blood, and tears now; all I can say now is the game is worth the candle. Nothing can give as much fulfillment and satisfaction as working wholeheartedly for your people,” he added.

Previous Post

Ogun Begins Free Surgeries, Targets 70,000 Poor, Vulnerable Residents

Next Post

Auto Crash Leaves Five Dead, 10 Injured In Ogun

The Daily Crucible

The Daily Crucible

The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

Related Posts

Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO
Business

Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

by The Daily Crucible
May 21, 2026
FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase
Business

FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

by The Daily Crucible
April 22, 2026
Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC
Business

Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

by The Daily Crucible
April 22, 2026
Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline
Business

Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

by The Daily Crucible
April 4, 2026
UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue
Business

UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

by The Daily Crucible
March 15, 2026
Next Post
Auto Crash Leaves Five Dead, 10 Injured In Ogun

Auto Crash Leaves Five Dead, 10 Injured In Ogun

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Advertisement

Advertisement

Recent News

Tinubu Sets Up Ebola Task Force, Releases N10bn To Boost Nigeria’s Preparedness

Tinubu Sets Up Ebola Task Force, Releases N10bn To Boost Nigeria’s Preparedness

June 9, 2026
Onigbinde, Ojudu, Farotimi, Others Launch Omo Odùduwà Collective, Demand National Renewal

Onigbinde, Ojudu, Farotimi, Others Launch Omo Odùduwà Collective, Demand National Renewal

June 9, 2026
Soldier, 4 Hostages Killed As Security Operatives Foil Abduction Attempt On Expatriates In Ogun

Soldier, 4 Hostages Killed As Security Operatives Foil Abduction Attempt On Expatriates In Ogun

June 9, 2026
FMC Abeokuta Crisis: Board Chairman Dayo Israel Set For Visit Amid Rising Theft, Doctors’ Strike

FMC Abeokuta Crisis: Board Chairman Dayo Israel Set For Visit Amid Rising Theft, Doctors’ Strike

June 9, 2026
Married Woman ‘Kidnaps’ Self, Found In Delta Hotel With Lover As N50m Ransom Plot Fails 

Married Woman ‘Kidnaps’ Self, Found In Delta Hotel With Lover As N50m Ransom Plot Fails 

June 9, 2026
Unsafe Food Kills 53,000 Nigerians, Sickens 50 Million Yearly — FG 

Unsafe Food Kills 53,000 Nigerians, Sickens 50 Million Yearly — FG 

June 9, 2026
Burna Boy Leads Star-Studded Celebration for Grandfather Pa Benson Idonije’s 90th Birthday

Burna Boy Leads Star-Studded Celebration for Grandfather Pa Benson Idonije’s 90th Birthday

June 8, 2026
Bandit Leader Abducts 50 Elders During Peace Parley In Zamfara, Demands N24m Ransom

Bandit Leader Abducts 50 Elders During Peace Parley In Zamfara, Demands N24m Ransom

June 8, 2026
Abducted Oyo Vice Principal Refutes Ransom, Sharia Claims, Says Kidnappers Demand Release of Detained Members

Abducted Oyo Vice Principal Refutes Ransom, Sharia Claims, Says Kidnappers Demand Release of Detained Members

June 8, 2026
June 12: ACCORD Ogun Unveils Democracy Day Programme, Targets Grassroots Impact

June 12: ACCORD Ogun Unveils Democracy Day Programme, Targets Grassroots Impact

June 8, 2026
The Daily Crucible

The Daily Crucible Newspaper is an authoritative and independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, peace, progress, and greatness, given the heterogeneity of its citizens.

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.

No Result
View All Result
  • Home
  • News
  • Politics
  • Property
  • Business
  • Education
  • Health
  • Entertainment
  • About Us

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.