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Anambra To Establish Electricity Market, Proposes Power Policy And Bill - Politics - Nairaland

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Anambra To Establish Electricity Market, Proposes Power Policy And Bill by IzunnaOkafor(m): 11:50pm On Feb 03
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By Izunna Okafor, Awka

In a pivotal move towards enhancing its energy landscape, Anambra State is on the verge of establishing the Anambra State Electricity Market.

The State's Commissioner for Power and Water Resources, Engr. Julius Chukwuemeka, disclosed this while speaking at the tripartite meeting of Power Commissioners Forum, Nigerian Governors’ Forum and the Federal Ministry of Power, which recently held at the Power House, Abuja.

The gathering, which was also attended by the Honourable Minister of Power, Adebayo A. Adelabu and the Director of the Nigeria Governors' Forum (NGF), among other dignitaries, focused on the development of sub national electricity markets, the national electricity policy and strategic implementation plan, and also became a platform for highlighting Anambra State's achievements and commitment to advancing its power sector.

Addressing the Forum, Commissioner Chukwuemeka, who was also the South-East Representative of the Council of Energy Commissioners in Nigeria, took the opportunity to emphasize Governor Soludo's dedication to investing in the power sector. He pointed to the state's remarkable achievements, especially in overcoming Right of Way (RoW) challenges, a significant hurdle for executing power projects. He also highlighted the substantial improvement in power supply since the inception of Governor Soludo's administration and credited the successful collaboration with the Enugu Electricity Distribution Company (EEDC).

Crucially, Engr. Chukwuemeka announced that the draft Anambra State Power Policy and Electricity Bill, vital for establishing the Anambra State Electricity Market, were ready for presentation before the State Assembly.

According to him, these initiatives align with the opportunities presented by the Electricity Amendment Act, 2023.

He further spotlighted the effective resolution of Right of Way (RoW) challenges pivotal for key projects like the Umuchu and Aguleri 2x60MVA substations. This accomplishment, he said, coupled with the expected timely completion of the Umuchu substation, signifies a transformative milestone poised to significantly bolster power supply in Anambra State.

Engr. Chukwuemeka also credited the improved power supply being enjoyed in the State now to Anambra State's strategic Memorandum of Understanding with the Enugu Electricity Distribution Company (EEDC), shedding more lights on the state's forward-thinking initiative.

He additional shared insights on the presence of Prepare Meter Manufacturing factory in Anambra, a groundbreaking facility, he said, does not only underscore the state's proactive stance but also effectively addresses the persistent metering gap in the State, while also ensuring a more efficient and equitable distribution of electricity.

According to the Commissioner, Anambra State, under Governor Soludo's strategic leadership, is positioning itself to harness the opportunities presented by the evolving energy landscape, while also becoming a pivotal player in shaping the future of the energy sector.

Re: Anambra To Establish Electricity Market, Proposes Power Policy And Bill by Coolsperm: 5:04am On Feb 04
Ok nice one
Re: Anambra To Establish Electricity Market, Proposes Power Policy And Bill by Zulu11zulu: 6:01am On Feb 04
The way I hate we will we are planning we propose
If you want to do something do it first before coming to the media.
Re: Anambra To Establish Electricity Market, Proposes Power Policy And Bill by gratiaeo(m): 6:24am On Feb 04
What is different from electricity market because I know there are so many electrical markets in Anambra state
Re: Anambra To Establish Electricity Market, Proposes Power Policy And Bill by freeGiftOfGod: 6:52am On Feb 04
That's the way to go. States taking on more developmental responsibilities.


Jesus heals, Jesus delivers, He helps Come to Him today and you will be brought out of darkness into His wonderful light, out of the dungeon into His glorious liberty. DM
Re: Anambra To Establish Electricity Market, Proposes Power Policy And Bill by BigBlackPreek(m): 6:57am On Feb 04
Welcome development


God bless Anambra


God bless Nigeria
Re: Anambra To Establish Electricity Market, Proposes Power Policy And Bill by Anambra1stSonTV: 7:01am On Feb 04
Ongoing Umuchu substation by Gov Soludo's administration

1 Like

Re: Anambra To Establish Electricity Market, Proposes Power Policy And Bill by Kenochi(m): 7:55am On Feb 04
This is the way to go,every serious and forward looking state should start preparing bills and enact laws that will create favorable environment for investors to come in and begin operations
The Sector has been liberalised and has become an open market,the federal government must take the final step by creating a price system that favours all who are in the business

Any state that can create a 24 hour solution to this electricity problem will soon become a home to manufacturers
Re: Anambra To Establish Electricity Market, Proposes Power Policy And Bill by Ozommadu: 9:54am On Feb 04
This obinna Okafor is the Ajuri ngalele of Anambra state

undecided

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