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Tag: Abia State

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Abia DisCo hikes electricity tariff by over 50%

Aba Power, a major electricity distribution company in Abia State, has announced a significant increase in electricity tariffs, with rates rising by over 50%. The new tariffs, which took effect on January 1, 2025, received approval from the Nigerian Electricity Regulatory Commission. The company made the announcement through its official X account, where it outlined […]

Abia partners FG for airport, road construction
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Abia partners FG for airport, road construction

Governor Alex Otti of Abia State has officially confirmed the state’s collaboration with the Federal Government on two significant infrastructure initiatives: the construction of an airport and the development of the Ariam/Usaka Ikwuano-Ikot Ekpene Road. The announcement was made during a church service at Christ Embassy along Library Avenue, Bank Road Umuahia, according to Ukoha […]

Blackout hits Abia over geometric power plant gas shortage
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Blackout hits Abia over geometric power plant gas shortage

Most parts of Aba, the commercial hub of Abia State, have been without power for several days due to a lack of gas supply to the Geometric Power plant. This information was disclosed by Aba Power Limited Electric (APLE), the electricity distribution company responsible for the Aba ring-fenced area, which includes nine Local Government Areas […]

Abia gets $125m from Islamic Bank for roads
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Abia gets $125m from Islamic Bank for roads

Melvin Onwubuke   The Islamic Development Bank has earmarked $125 million to facilitate the Abia State Integrated Infrastructure Development Project. According to the statement, the strategic initiative was part of a broader $225 million financing approved by the Islamic Bank to promote new development projects, according to nairametrics. The 354th meeting of the Board of […]

Enyimba Economic City to boost Nigeria-India trade to $20bn — Indian investor
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Enyimba Economic City to boost Nigeria-India trade to $20bn — Indian investor

The Managing Director of Crescendo Worldwide, a diverse FDI consultancy firm based in India, Mr. Vishal Jhadav, foresees that the Enyimba Economic City in Abia State will significantly elevate the trade volume between Nigeria and India, reaching $20 billion. Jhadav shared this outlook during a dinner event organized by the Enyimba Economic Development Company in […]

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Aba landlords request power restoration, threatens protest 

The Aba Landlord Protection and Development Association has requested that the Transmission Company of Nigeria lift the disconnection order of Aba Power Limited Electrical from the national grid immediately. This was revealed in a letter accessed by The Punch, where the group alleged that the TCN is not complying with the provisions of market rules […]