The management of Ossiomo Power has appealed to Edo State Governor, Monday Okpebholo, to revisit the state’s business arrangement with the company to enable residents benefit from its 24-hour electricity supply.
Governor Okpebholo had recently disconnected the state government’s 11kva line from Ossiomo Power and reconnected it to the Benin Electricity Distribution Company (BEDC) after Ossiomo’s plant was temporarily shut down by its partner, Jiangsu Communication Clean Energy Technology Company (CCETC).
Although Ossiomo has since restored power on its 33kva lines with new turbines and technical support from Pakistani engineers, consumers on the government-owned 11kva lines remain without supply.
Speaking at a press briefing in Benin City, Ossiomo’s legal counsel, Emmanuel Usoh, stressed that the company’s partnership with the Edo government was guided by a Power Purchase Agreement (PPA).
He explained: “Ossiomo developed the power project and sells to the Edo State Government at market value. My appeal to the government is to do business with us so that everyone in Edo will benefit.”
Usoh highlighted that Ossiomo Power is a 100% Nigerian-owned company, adding that its operations extend beyond electricity generation to broader investments in Edo’s economy.
According to him, the company is developing a jetty, an industrial park, and a free trade zone, alongside a fertilizer plant and other facilities. He noted that the free trade zone, approved by the federal government under former Governor Adams Oshiomhole, would create jobs and attract investors once fully operational.
He urged Edo citizens to remain vigilant in ensuring Ossiomo is given room to thrive, stressing that its success would boost industrial growth and reduce unemployment.
On the ongoing contractual dispute, Usoh revealed that the firm was prepared to pursue resolution through arbitration in Singapore.
