Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»News»Aba Businesses Record Higher Output, Lower Energy Costs Under Otti 
News

Aba Businesses Record Higher Output, Lower Energy Costs Under Otti 

meridianspyBy meridianspyOctober 14, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

 

Manufacturers and business owners in Aba, Abia State, have reported increased production, reduced energy costs and extended operating hours following improvements in electricity supply by Aba Power Limited, a subsidiary of Geometric Power.

The development has boosted operations across manufacturing, retail and other sectors, although some businesses have raised concerns over high electricity tariffs and occasional power disruptions linked to gas shortages.

The Chairman of Damson Industries Limited, David Madueke, said improved electricity supply had enabled the shoe accessories manufacturer to increase production and introduce additional shifts to meet rising demand.

The company, which employs 35 workers and operates seven machines, now relies on Aba Power rather than diesel generators. However, Madueke said its monthly electricity bills sometimes reached between ₦5m and ₦6m.

Similarly, the Chief Executive Officer of Blueworld Pharmaceutical, Food and Cosmetics Limited, Ume-udeh Aghaegbunamu, disclosed that the company had reduced its energy costs by 80 per cent following improvements in power supply.

At Fine Potter Nigeria Limited, a manufacturer of Plaster of Paris products in Osisioma Ngwa Local Government Area, Factory Manager Vivian Aneke said capacity utilisation had increased from 40 per cent to 75 per cent. She, however, noted that electricity costs remained a major operating expense, with monthly bills estimated at ₦29m.

The Chairman of Aba North Industrial Market Shoe Plaza, Obioma Onyebuchi, also acknowledged improvements in electricity supply but expressed concern over the financial burden on shoemakers, noting that the market’s monthly electricity expenditure could reach ₦18m.

READ ALSO  FG Defends ₦100bn CNG Plan After Abandoning 3,000-Bus Target

Beyond manufacturing, the Owner of Enyimba City Plaza, Eke Janson, said improved electricity supply had enabled businesses within the commercial complex, which houses a supermarket, bakery, pharmacy, lounge and other outlets, to operate round the clock.

The President-General of the Abia State Markets Amalgamated Traders Association, Chief Alphonsus Udeigbo, said small businesses had also benefited from improved electricity supply and prepaid metering, which had helped reduce complaints about estimated billing.He, however, called for a review of electricity tariffs for larger businesses.

Meanwhile, the Rector of Ogbonnaya Onu Polytechnic, Dr Christopher Okoro, said connecting the institution to Aba Power had reduced its energy expenditure by more than 80 per cent, while improving working hours and supporting academic research.

The Administrator of Rhema University Teaching Hospital, Charles Mazi, also reported energy cost savings of at least 30 per cent and urged the Federal Government to support improvements in gas infrastructure to sustain reliable electricity generation.

Geometric Power Group, founded by former Minister of Power, Professor Bart Nnaji, operates an 188-megawatt power plant in Aba through its power generation and distribution subsidiaries, with financing support from the African Export-Import Bank.

Despite the reported gains, business operators stressed that addressing high tariffs and gas supply challenges would be critical to sustaining the improvements, lowering production costs and strengthening Aba’s manufacturing base.

Related posts:

  1. Otti Targets Seven Sectors to Attract Investment Capital to Abia
  2. Abia Moves From 36th to 2nd in 2026 State Ranking
  3. I’m Not At War With My Predecessors – Otti
  4. We Built 414 Roads, Cut Debt by 60% in Three Years — Otti
READ ALSO  ARISE News Bars Anthony Kila Over Alleged Falsification of Academic Credentials
Alex Otti Geometric Power Group The MeridianSpy
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

Court Strikes Out FG’s Charges Against Alleged Fake PFIPC DG

October 14, 2026

NITDA DG Calls for Shift from Certificate Economy to Capability Economy

October 14, 2026

Shettima Assures North of Greater Benefits in Tinubu’s Second Term

October 13, 2026
Search
Recent Posts
  • Court Strikes Out FG’s Charges Against Alleged Fake PFIPC DG
  • Aba Businesses Record Higher Output, Lower Energy Costs Under Otti 
  • NITDA DG Calls for Shift from Certificate Economy to Capability Economy
  • Shettima Assures North of Greater Benefits in Tinubu’s Second Term
  • Military Retirees Block Pensions Board Entrance in Abuja Over Disputed Pension Adjustments
  • Wike, Soludo, Adeleke Named in Revised APC Presidential Campaign Council
  • APGA Backs Soludo’s Appointment to APC Presidential Campaign Council
  • ARISE News Bars Anthony Kila Over Alleged Falsification of Academic Credentials
  • Ex-Obidient Mobilisation Group Partners Tinubu Must Stay Movement Ahead of 2027 Poll
  • NASENI Distributes Clean Cooking Stoves, Food Items to 1,000 Kano Households
  • Wike Plotting to Demolish Property Protecting Drainages, Amnesty International Raises Alarm
  • FG Defends ₦100bn CNG Plan After Abandoning 3,000-Bus Target
  • Nigeria Spent N21bn to Renovate the National Theatre, So Why Is It Sitting Idle?
  • Peter Obi Faults Tinubu’s 30-Day Petrol Discount, Calls Policy Reactive
  • Why I Embraced Legal Practice After 34 Years in Police – Ex-DIG Mba
Categories
  • Business
  • Crime
  • Education
  • Entertainment
  • Environment
  • Foreign
  • Health
  • Investigations
  • Labour
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Politics
  • Security
  • Sport
  • Technology
  • World news
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.