Abia concludes deal to acquire 60% Stake in EEDC, set to take over in six months

…To Flag Off Umuahia–Ikot Ekpene Federal Road October 24

By Steve Oko

The Abia State Government has concluded negotiations connected its program to get 60 percent equity successful the Enugu Electricity Distribution Company (EEDC) for improved powerfulness proviso crossed the state.

Commissioner for Information, Prince Okey Kanu, disclosed this connected Tuesday portion briefing journalists connected the result of this week’s Executive Council gathering presided implicit by Governor Alex Otti.

He said that Interstate Electrics, the genitor institution of EEDC, had accepted the authorities government’s offer, paving the mode for a six-month modulation play starring to afloat takeover of energy organisation operations wrong the state.

Providing further details, the Commissioner for Power and Public Utilities, Mr. Ikechukwu Monday, explained that the statement would alteration the authorities to presume work for powerfulness transmission and organisation successful Umuahia, Ikwuano, and the full Abia North Senatorial Zone.

He noted that the inaugural aligns with the government’s imaginativeness to fortify the powerfulness assemblage and thrust economical maturation done reliable vigor supply.

“This determination is portion of the state’s strategy to guarantee accordant energy for industries, businesses, and households, thereby stimulating economical development,” helium said.

Mr. Monday besides revealed that the authorities had commenced enactment connected restoring powerfulness proviso to Ohafia, which has been successful acheronian for years owed to vandalism. The project, spearheaded by the Greater Ohafia Development Authority (GODA), is expected to beryllium completed by December 31.

Meanwhile, the Information Commissioner announced that the State Executive Council had approved the operation of 5 caller roadworthy projects crossed antithetic section authorities areas.

According to him, 2 large projects—the 25km Umuahia–Ikot Ekpene Road and the 13.1km Ariam–Usaka Ring Road—will beryllium flagged disconnected by Governor Otti connected October 24, 2025.

Other approved projects include:

The 9.35km Ihechiowa–Arochukwu Ring Road,

The 4.9km Isieketa–Mba Itungwa–Mgbedeala Road successful Isiala Ngwa South, and

The 3.72km Ogidi–Umuala Eziama Ntigha Road successful Isiala Ngwa North.

Prince Kanu said the caller roads would assistance unfastened up agrarian areas, easiness transportation, and pull much investments into the state.

He further disclosed that Governor Otti had approved the outgo of N50 cardinal to the adjacent of kin of 265 deceased civilian servants, settling a 16-year backlog of unpaid entitlements.

“This motion reflects the governor’s compassionate enactment and unwavering committedness to workers’ welfare,” helium added.

On healthcare, Kanu stated that determination was nary grounds of immoderate illness outbreak successful the authorities and confirmed that implicit 600 caller wellness workers had been recruited to fortify the wellness sector.

Also speaking, the Commissioner for Health, Prof. Ogbonnaya Uche, said the authorities authorities had continued to equip superior wellness centres, portion respective organisations were partnering with the authorities to behaviour escaped aesculapian outreaches successful assorted communities.

The station Abia concludes woody to get 60% Stake successful EEDC, acceptable to instrumentality implicit successful six months appeared archetypal connected Vanguard News.