Geometric Power, Nigeria’s leading electricity group, is facing a major challenge due to a severe shortage of natural gas supply to its 188-megawatt plant in Aba, Abia State. The company’s managing director, Ugo Opiegbe, expressed frustration over the situation, stating that they’ve had to import 25 megawatts from the Niger Delta Power Holding Company at a significant cost to ensure customers have a steady supply. This shortage is not only affecting their customers but also hindering the state’s economic growth. Despite the challenges, Geometric Power is working hard to resolve the issue and has praised the federal government and Abia state government for their assistance.
Details of the Shortage
The gas shortage has resulted in a significant reduction in power generation, with the plant currently producing only 50 megawatts of electricity, compared to its installed capacity of 188 megawatts. This has led to power outages and disruptions to businesses and households in the region.
Economic Impact
The gas shortage is not only affecting Geometric Power’s operations but also having a ripple effect on the local economy. Businesses that rely on steady power supply are struggling to operate, leading to potential job losses and economic hardship.
Geometric Power’s Efforts
Despite the challenges, Geometric Power is working tirelessly to resolve the issue. The company is exploring alternative gas supply sources and has engaged with the federal government and Abia state government to find a solution.
Reaction from Stakeholders
Stakeholders, including customers and business leaders, have expressed concern over the situation. “The power outages are affecting our businesses and livelihoods,” said a local business owner. “We urge Geometric Power and the government to find a solution quickly.”
Government’s Response
The federal government and Abia state government have assured Geometric Power of their support in resolving the gas shortage. “We are working closely with Geometric Power to address the issue,” said a government spokesperson. “We understand the importance of steady power supply to the economy and are committed to finding a solution.”
Further Developments
In a recent development, Geometric Power has announced plans to invest in alternative energy sources, including solar and wind power, to reduce its dependence on gas. The company has also engaged with local communities to explore options for decentralized power generation.
Geometric Power’s Managing Director Speaks Out
Ugo Opiegbe, Managing Director of Geometric Power, emphasized the company’s commitment to finding solutions to the gas shortage. “We understand the impact of the shortage on our customers and the local economy. We are working tirelessly to resolve the issue and exploring alternative energy sources to ensure a steady power supply.”
Local Residents React
Residents in Aba and surrounding areas have expressed mixed reactions to the situation. While some have praised Geometric Power’s efforts to address the issue, others have criticized the company for not doing enough to prevent the shortage.
Government Intervention
The federal government has announced plans to intervene in the situation, with the Minister of Power, Festus Keyamo, promising to visit Aba to assess the situation and find solutions. “We will do everything possible to support Geometric Power and ensure a steady power supply to the region,” Keyamo said.
What’s Next?
As the situation continues to unfold, all eyes are on Geometric Power and the government to find a lasting solution to the gas shortage. With the company’s plans to invest in alternative energy sources and the government’s promise to intervene, hopes are high that the issue will be resolved soon.
