AfnewsAfnewsAfnews
  • Home
  • Latest
  • National News
  • Top Stories
  • Politics
  • State News
  • Entertainment
  • Crime
  • Society New
  • Sports
  • More
    • World News
    • Editorial
    • Business
    • News
    • Opinion
Reading: Abia State Acquires 60% of EEDC Assets, Moves to Restore Power to Ohafia
Share
Notification Show More
AfnewsAfnews
Search
  • Home
  • Latest
  • National News
  • Top Stories
  • Politics
  • State News
  • Entertainment
  • Crime
  • Society New
  • Sports
  • More
    • World News
    • Editorial
    • Business
    • News
    • Opinion
Follow US
Afnews > Blog > Abia State News > Abia State Acquires 60% of EEDC Assets, Moves to Restore Power to Ohafia
Abia State NewsNational News

Abia State Acquires 60% of EEDC Assets, Moves to Restore Power to Ohafia

Afnews Editor
October 14, 2025
Share
Abia State Acquires 60% of EEDC Assets, Moves to Restore Power to Ohafia
Abia State Acquires 60% of EEDC Assets, Moves to Restore Power to Ohafia

Abia Government secures 60% of EEDC assets and restores electricity to Ohafia in a bold move toward power independence. Click to read the full details.

In a major step toward energy independence and sustainable development, the Abia State Government has successfully concluded negotiations to acquire 60% ownership of the Enugu Electricity Distribution Company (EEDC) assets within the state.

 

Announcing the breakthrough, the Commissioner for Information, Prince Okey Kanu, revealed that Interstate Electrics, the parent company of EEDC, had accepted the state government’s offer—paving the way for a transformative power sector reform under the leadership of Governor Alex Otti.

 

According to Kanu, this acquisition marks the beginning of a new era in Abia’s energy sector, allowing the state to manage generation, regulation, and distribution across the eight ring-fenced local government areas in Abia Central and Abia North senatorial zones.

 

“This milestone aligns perfectly with Governor Alex Otti’s vision to strengthen the power sector as a key driver of economic growth and sustainable development in Abia,” Kanu stated.

 

He further announced that the State Executive Council had also approved the restoration of electricity to Ohafia, a move that will revive businesses, improve living standards, and boost the operations of the Greater Ohafia Development Authority after several years of total blackout.

 

Observers describe this move as one of the most visionary policies of the Otti administration—one expected to energize Abia’s economy, attract investors, and provide reliable power to homes and industries across the state.

 

With this development, Abia becomes one of the few states in Nigeria taking direct ownership and regulatory responsibility in the electricity value chain—a model that could redefine how subnational governments approach power sector reform.

 

Related

Listen to top Radio Stations in Abia State CLICK HERE

Support Afnews Independent Journalism

At Afnews, we are dedicated to providing accurate, insightful, and timely news coverage. Our commitment to journalistic integrity ensures that you receive trustworthy information, unfiltered and unbiased. To maintain our independence and continue delivering quality content, we rely on the support of our readers.

If you value the work we do, please consider making a contribution. Your support enables us to keep bringing you the stories that matter.

Donate today and help us keep independent journalism alive. Thank you for your support!

MAKE A DONATION
JUST IN: Aisha Buhari Gives Details On How She Escaped Plane Crash Yesterday
SEAPORT BILL: NKWONTA REVEALS HOW ABARIBE FAILED UKWA EAST, PROMISES TO ACTIVATE BILL 
AFNEWS MEDIA SUMMIT/AWARD EVENT 2021: Guest Speaker, Panelists Unveiled
Nomination For ALL FACTS NEWSPAPER Abia State House Of Assembly Member Of The Year 2021 Unveiled
SH0CK! Femi Adesina reveaIs the kind of leader Nigeria Needs
TAGGED:Abia CentralAbia economic growthAbia GovernmentAbia NorthAbia StateAlex OttiEEDCElectricity Distributionenergy developmentInterstate ElectricsOhafiaPower Sector Reform
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Telegram

RECENT EDITION

Recent Posts

  • NO VACANCY: Obi Aguocha Declares Full Support for Alex Otti, Fires Back at Critics Ahead of 2027
  • REVEALED: How All Progressives Congress (APC) Played Into The Opposition Hands Ahead Of 2027 – Sumner Sambo Warns
  • Nigeria: Supreme Court Set to Decide ADC Leadership Battle | SEE DATE 
  • Benue North-East: I will be running for Senate in 2027 – Suswam
  • GRAND RECEPTION: Massive Crowd Endorses Alex Otti for 2027 as He Unveils Bold Plans to Transform Umuahia | WATCH VIDEO
Popular News

FBI Arrests 11 Nigerians Over Alleged Romance Fraud | SEE NAMES

Afnews Editor
Afnews Editor
September 27, 2021
NCC Rallies Media Stakeholders To Enhance Effective Reporting Of Telecoms Industry
ARMY FLAGS OFF EXERCISE ATILOGWU UDO 1 IN UMUAHIA TO FIGHT KIDNAPPING, ARMED ROBBERY, OTHERS
11-year-old boy earns physics degree with distinction while taking master’s courses
PDP Crisis: I Have Moved On, Says Atiku | REVEALS WHY
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
AfnewsAfnews
© Afnews Media. All Rights Reserved.
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?