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Electricity Firm Alleges Plans To Disrupt Its Operations

LEADERSHIP News by LEADERSHIP News
1 year ago
in News
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A power-generating and distributing company in Edo State, Ossiomo Investments Limited, has alleged clandestine attempt to disrupt its operations at Ologbo community, where it is generating electricity for distribution to its customers, describing the development as a threat to public safety and a contempt of court.

The company has been in an ownership tussle with its Chinese partners, which led to the firm getting a court order restraining the partners and other persons from entering their land in Ologbo.

A statement signed by Ossiomo legal consultant Emmanuel Usoh on Saturday in Benin City said that some individuals allegedly acting on behalf of its partner, CCETC, unlawfully opened the gas valve at the Quadrant gas infrastructure within its Ossiomo plant in Ologbo on Friday.

The firm warned that the incident, “beyond constituting a criminal act and disobedience to a valid restraining order granted by the Edo State High Court, also portends grave health and safety risks for communities surrounding the facility.”

According to the company, “the matter has been formally reported to security agencies for prompt intervention.”

Ossiomo also revealed that it has submitted details of the incident to the relevant court and an arbitral panel for determination.

The company appealed to members of the public and stakeholders to allow the issues in contention to be resolved in line with the rule of law and in a civilised manner.

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Recall that an Edo High Court had barred CCETC, its agents or whosoever and howsoever described from accessing Ossiomo Power Company’s land, utilising its electricity infrastructure or parading as shareholders pending when the court determined the validity of the Joint Venture Agreement in contention.

Usoh said, “Ossiomo Investments Limited is a key private power supplier in Edo State, with its operations providing electricity and gas services to industrial and public facilities.

“The company said it remains committed to maintaining safe, reliable energy supply and upholding the law despite ongoing disputes.”

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