The Imo state government will soon embark on a short-term power generation programme designed to provide uninterrupted power supply to the cities of Owerri, Orlu and Okigwe.
Gov. Okorocha who made this disclosure in the Republic of Kosovo, said steady power supply holds the key to industrial and agricultural take-off of the state.
“This will be a stop gap measure designed to tackle the crippling power issue that has stunted business and industrial development.”
According to Gov. Okorocha the project which will be handled by a firm from Kosovo will on completion generate about 500 megawatts for the state.
Gov. Okorocha expressed that with federal government approval for states to generate and distribute power, his administration is poised to make the state energy independent.
“Our industrial and agricultural plans rely on constant and adequate power supply to succeed and we will do everything possible to achieve this objective” he said.
He attributed the high rate of unemployment and other social vices in the country to lack of constant power supply and expressed confidence that stability in power will create a positive spill-over effect on the economy.
“It makes no economic sense for thousands of people to use generators with its attendant environmental hazard and pollution. What is required is a collective effort to provide power for businesses to thrive” Gov. Okorocha expressed.
Gov. Okorocha called on other investors to partner his administration in the area of power generation because of its high revenue generation, adding that “hotel operators in Owerri are ever willing to pay for constant power added to other cities and businesses that will generate more profits.” He urged Imolites to support efforts of government to rapidly industrialize the state to provide jobs and improve the living standards of the people, stating that efforts will be intensified to make the state more attractive for genuine foreign investors.
He however warned fraudulent contractors who masquerade as investors to keep away from the state saying “we don’t want briefcase contractors but genuine, committed and serious investors who will partner with us for mutual economic interest.”
It would be recalled that Gov. Okorocha has entered into strategic partnership with Irish, South Africa, Spanish, Italian firms on the areas of infrastructural development, agriculture and tourism in the state.