Abia born, Public Relations Consultant, Ik Ogbonna took to his Social media to shower encomiums on the Abia State Governor, Alex Otti, on the recent electricity bill signed into law.
He wrote: Kudos to Governor Alex Otti for signing the Abia State Electricity Bill into law!
This landmark legislation empowers Abia State to regulate its own electricity market, paving the way for a more efficient, sustainable, and investor -friendly energy sector.
The benefits of this law are numerous. For one, it’ll protect investments in the energy sector, making Abia State a more attractive destination for investors. The law also prioritizes renewable energy, positioning Abia as a leader in sustainable power initiatives.
With this law, the state government can now implement initiatives to extend power to the remaining eight local government areas, building on the existing Aba ring-fence arrangement with Geometric Power Limited. This will undoubtedly boost economic growth, improve living standards, and create new opportunities for businesses and residents alike.
The establishment of the Abia State Electricity Regulatory Authority (ASERA) will also ensure that the sector remains efficient and investor-friendly. Governor Otti’s vision for Abia State to become a net exporter of electricity, supplying power to other parts of the Southeast and South-South regions, is now within reach.
I commend Governor Otti for his leadership and commitment to delivering independent power to Abia State. The speedy but careful passage of the bill by the State House of Assembly is also noteworthy. This is a testament to the state’s commitment to creating a conducive business environment and improving the lives of its citizens.
Abia State is indeed on the right path, and we look forward to seeing the positive impact of this legislation in the years to come.