Abia

The management of the Geometric Power Plant has confirmed the percentage of equity stake purchased by the Abia State Government in the company’s power plant in Aba. Controversy There was speculation that the Abia State Government contributed a five per cent equity stake in the power plant during the administration of Okezie Ikpeazu who served as the governor of the state from 2015 to 2023. Data from the Abia State Accountant General’s 2022 financial report indicated that the state government invested N1.41…

The Commissioner for Information and Culture in Abia State, Okey Kanu, says the proposed modular refinery at the Abia Industrial Innovation Park will come on stream by 2025. Mr Kanu made this known on Tuesday while briefing reporters on the outcome of the State Executive Council meeting at the Government House, Umuahia. He said the refinery would be the first major project to be executed in the park and it would begin to operate fully in 2025. The commissioner said that the refinery would provide 2,000 direct…

The Abia State Government says it will revitalise the state-owned cocoa processing industry to boost the production of the commodity and enhance the economic fortunes of the state. The State Deputy Governor, Ikechukwu Emetu, announced this on Tuesday during a meeting with the members of the State Cocoa Transformation Committee in Umuahia. He said that Nigeria was the largest exporter of cocoa after Côte d’Ivoire; hence the state government was poised to explore the entire value chain in producing and processing…