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AKWA IBOM SIGNS PACT FOR 732MW POWER PLANT

The Government of Akwa Ibom State has entered into a co-location and power production agreement with African Delta Power Limited to add 366megawatts to the existing 191megawatts of the state-owned Ibom power plant.

With the new deal, the aggregate maximum capacity of the gas turbine generator units is capable of producing up to 732 megawatts. It is strategic for the state government to ensure 24 hours supply of power in the state as currently the company has an on-grid license for 685MW.

The Attorney-General and Commissioner for Justice, Uko Udom, SAN signed the agreement on behalf of the State Government while the Board Chairman of Ibom Power, Engr. Etido Inyang and Company Secretary, Barr. Ime Asibong signed for Ibom Power. Jemeriah Oluwaseun and Christabel Nwagum (CEO of African Delta and Secretary respectively) signed the agreement on behalf of African Delta Power.

At the meeting held in the office of the Secretary to Akwa Ibom State Government (SSG) and Chairman of the one-stop-shop on investment committee, Dr. Emmanuel Ekuwem, it was disclosed that the proposed power plant will be developed as part of phase 2 of Ibom power plant.

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The SSG stated that the agreement was “not an MOU but rather it is a step further, which has transited the MOU phase”. He said the proposed power project is under the ‘Power for All’ initiative of Governor Udom Emmanuel, which was inaugurated about two years ago by the Vice President, Prof. Yemi Osinbajo.

Dr. Ekuwem urged the investors to follow up on the agreement by submitting a road map on the implementation of the project to the one-stop shop on the investment committee to assess the speed of the project implementation at its next meeting.

Speaking on the development, the Chairman of Ibom Power Company Limited, Engr. Etido Inyang said that the first phase of Ibom power is already operational with an installed capacity of 191megawatts. He said Ibom Power has a license to generate 685megawatts of power which the proposed power plant will leverage on.

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“We have a remainder of the license, which is 685megawatts. They are coming in with their first phase of 366megawatts with plans to expand to 700megawatts that we will get an additional license to support”.

“We have so many investors that have come to Ibom Power for this Phase 2 but African Delta Power has proven to be outstanding. Their technical partners have been supportive and we have seen the turbines that are coming in. We have seen that they have evidence of funding that will be deployed in the installation of these turbines and they are going to commence groundbreaking before the end of May 2022” the Chairman said.

On how the project will be implemented within the stipulated nine (9) months period, the General Manager of Operations, African Delta Power, Kelechi Samuel Anyamele said, “Most of the turbines and the systems have been prefabricated so they are ready to be deployed with our foreign technical partners in the US. Once a few other things are put in place, they will be shipped in phases and installed here”.

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Anyamele who spoke on behalf of the African Delta delegation consisting of the CEO, Jeremiah Oluwaseun; GM Admin, Christabel Nwagum and the CLO, Etini Ayara said that Akwa Ibom was selected for the project because the state had the prerequisites for the project. He said the state has “the gas, a welcoming environment, good partners, and a state government that is willing to go ahead with the project.”

The meeting was attended by the Attorney-General and Commissioner for Justice, Uko Udom, SAN; Commissioner for Power & Petroleum Development, Dr. John James Etim; Commissioner for Special Duties, Engr. Bassey Okon; Commissioner for Economic Development, Emem Bob; Commissioner for Trade and Investment, Engr. Camillus Umoh; Commissioner for Lands & Water Resources, Capt. Iniobong Ekong (Rtd), Chairman, Akwa Ibom Investment Corporation, Dr. Elijah Akpan, the Managing Director of Ibom Power, Engr. Meyen Etukudo and the Company Secretary of Ibom Power, Barr. Ime Asibong.

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MICHAEL DADA

Michael Dada is the media/publicity officer of Ibom Power Company Limited. He is a graduate of Journalism from Lagos State University School of Communication. He did internship at The Nation newspaper and Voice of Nigeria. He has a Digital Marketing Master Class certificate from Wild Fusion Digital and a certificate in WordPress web design from Spring Light Technology. He holds a Competence in Writing and Speaking certificate from the School of Media and Communication, Pan Atlantic University. He has a post-graduate certificate in Advanced Writing and Reporting Skills from the School of Media and Communication. He is an Associate of the Nigerian Institute of Public Relations, NIPR, and an Alumnus of Pan Atlantic University.

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