The Ossiomo Power, a multi-billion-naira indigenous electricity firm, said it is the rightful owner of critical power infrastructure currently at Ologbo, Edo State.
Subscribers to the Ossiomo power have been thrown into darkness in the past week, fuelling speculations of a dispute between the company and its Chinese partners.
However, findings indicate that Ossiomo has held exclusive rights to the gas infrastructure and power facilities since 2008, backed by statutory licences and approvals for power generation and transmission within Edo State.
The company is confirmed to be the sole owner of the power-generating plant, the transmission network, and the associated gas infrastructure tied to the project.
The deputy general manager of the company, Engr. Francis Ekwe, said yesterday that, “it is clear that CCETC’s involvement was limited to a contract executed in 2018 for the supply and installation of engines.”
