Alltimepost.com Sincerity of Purpose
BY MIKE OSAROGIAGBON
Ossiomo Power, a leading indigenous electricity company, has reaffirmed its exclusive ownership of the gas and power infrastructure situated in Ologbo, Edo State of Nigeria.
The Deputy General Manager of Ossiomo Power, Engr. Francis Ekwe, stated this in Benin, emphasizing that the company holds valid statutory rights to generate and transmit electricity within Edo State.
According to him, these rights have been in place since 2008 and are backed by licenses and approvals from the Nigerian Electricity Regulatory Commission (NERC) and other relevant regulatory authorities.
Engr. Ekwe further clarified that a 2018 agreement between Ossiomo Power and the Chinese company CCETC was strictly limited to the supply and installation of power generation engines and in no way conferred ownership or operational rights on CCETC over any part of the infrastructure.
The clarification comes in response to recent insinuations suggesting that CCETC may be positioning itself to claim ownership of the project infrastructure.
Engr. Francis warned that such claims could be aimed at influencing state-level energy decisions in a manner that threatens Nigeria’s local content policy and the continued participation of indigenous firms in the power sector.
