Ikpeazu Receives Governor of the year ,SME Development Award By Telegraph Newspaper In Lagos

  • Says With the signing of A USD50M facility between Geometric power Ltd and Afrexim Bank In South Africa, Aba will witness Uninterrupted Power Supply

The Governor of Abia State, Dr. Okezie Ikpeazu says the problem of epileptic power supply in Aba and its environs will soon be over.

Speaking shortly after receiving the award of the Governor of the year, SME Development 2021 by the New Telegraph Newspaper in Lagos on Friday.

He identified power, marketing, automation and market share as the four challenges confronting the SME sub-sector as at 2015 when he was sworn in, pointed out that he has been able to touch virtually all of them.

Continuing , the Governor said that with the signing of a USD50M facility between Geometric Power Ltd and Afrexim Bank in South Africa few days ago, “Aba will be the first business enclave in Nigeria not only to have uninterrupted power supply but also UNINTERRUPTIBLE power.”

He listed other exploits of his administration in the SME sub-sector to include the establishment of SME Bank and the recent commissioning of the Enyimba Automated Shoe Company – ENASCO.

Governor Ikpeazu noted that he was inspired by the ‘hard working and innovative youths in Abia,’ reaffirmed his commitment in giving his total support for the development of the SME sub-sector.

“Aba, Abia State and the youth will place Nigeria on the platform in African continental free trade. If we don’t support them, then we have no business in that part; but because I know we will support them, Nigeria will eventually conquer Africa and the world,” Ikpeazu noted.

Presenting the award, Olakunle Gidado of the New Telegraph Newspaper, observed that the award is timely as the governor whom he described as ‘Mr. buy Made-in-Aba’, has been at the forefront of diversification of the economy.

Gidado said the award was to recognize the effort of the Governor in the development of the country through his giant strides in SME Development.

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