Geometric Power, led by Barth Nnaji, the former Nigerian Minister of Power, has approached the Buhari government to intervene in its challenge of access to its concession area.
The company told the Africa Oil+Gas Report, on the sidelines of a power conference last week, that “the Buhari Government is talking to us over the issue”. Geometric claims that, on the basis of a 2005 agreement with the Federal Government in which the Aba metropolis in Abia State in eastern Nigeria was concessioned to it, it had gone ahead to construct a 141MW power plant and built over 105 km of 33kV overhead lines within the Aba metropolis. It has also constructed a 27km pipeline to a Shell gas processing plant at Owaza.
But in the process of privatization of the legacy companies (Power Generation and Distribution Companies) of the PHCN, the entire Enugu Electricity Distribution Company was handed over to another party by the Bureau of Public Enterprises (BPE) without excising Aba from the sale. “This action was in spite of our valid concession agreement and assurances by President Goodluck Jonathan that the agreement is sacrosanct”, Nnaji notes. “So far about eight committees, including committees of the NCP, NERC, and Ministry of Power amongst others have investigated this matter and come up with the same recommendation.
There is no more need for another committee; all that it requires is the President’s decision and firm action that will ensure the full implementation of their recommendation to sell Aba metropolis to Aba Power”.