- During the event, the Southeast Business Roundtable convened top government officials and business leaders to discuss ensuring reliable and sustainable power for both industrial and residential areas in the region
Vice President Kashim Shettima launched the Light Up South East Initiative at the old government lodge in Enugu, aiming to boost power supply in industrial clusters.
This initiative, a collaboration between the Niger Delta Power Holding Company Limited (NDPHC) and its partners, involves key stakeholders from the nation’s power sector.
During the event, the Southeast Business Roundtable convened top government officials and business leaders to discuss ensuring reliable and sustainable power for both industrial and residential areas in the region.
The Governor of Enugu State, Dr. Peter Mbah said “the Light-Up Nigeria Project signaled a new dawn for power and industrialisation of the South East region, the initiative aligns with my administration’s disruptive approach to governance underpinned by thinking outside the box.”
Mbah Commended the Nigerian government and the Niger Delta Power Holding Company (NDPHC) for coming up with the project to ramp up power supply to industrial clusters in the South East.
He enjoined industrialists of the region to fully key into it and take advantage of the initiative to remove any bottlenecks they face regarding power availability.
The Governor said; “the Light up Nigeria Project Today is, in my view, a new dawn for power in the South East and one of the most innovative initiatives in the power sector. This project is of critical importance since it deals with the power sector, which I believe is pivotal to economic growth. Indeed, if we fix power, a lot of other sectors would fall into place.
“This project ensures efficient dispatch of power to the largest consumers via bilateral sales agreements, which overides the existing bulk purchase arrangements through NBET, leveraging on a willing buyer, willing seller structure.
“The Programme will certainly bring improved access to affordable power to the Southeast. This will, in turn, result in reduced power costs for the productive sector and enable them to improve enganced productivity and generate jobs. This is critical in this day, where the country is pushing to boost production and drive-up exports to ultimately shore up our domestic currency.”
He pledged his government’s continued support to industrialists and other private investors across the state to complement the undeniable boost that the Light-up Nigeria Project would bring.