President Mohammadu Buhari has Energized economies at Ariaria Market in Aba, Abia State.
*This Independent Power Project has a total capacity of 9.5 megawatts (MW) off grid gas-fuelled power system.
*Project was commissioned Tuesday January 29, 2019 by President Muhammadu Buhari.
*Project caters for 4,000 shops and small businesses with trading activities ranging from clothing and shoes production, printing and fabrication of tools and mechanical parts.
*Managed by private investors, Ariaria Market Energy Solutions Ltd under FG’s Energising Economies Initiative (EEI) and championed by the Rural Electrification Agency (REA).
*About 33,000 more shops in Ariaria Market will join later says Managing Director of the REA, Mrs. Damilola Ogunbiyi.
*About 6,000 petrol and diesel generators in Ariaria could go out of operation from the commencement of the new power system notes Minister of Power, Babatunde Raji Fashola
*Power project is a federal government initiative to support rapid deployment of off grid electricity solutions to provide clean, safe, affordable and reliable electricity to economic and business clusters like markets, shopping centres, and industrial zones across Nigeria through private sector developers.