Audit Row Sparks Fresh Uncertainty in Akwa Ibom’s Electricity Sector

Tensions are rising in Akwa Ibom’s power industry as disagreements over a recent audit of the state-owned Ibom Power Company continue to generate controversy and concern.

The dispute centres on an assessment reportedly conducted by Savannah Energy, which has triggered backlash from stakeholders who are now questioning both the process and conclusions of the audit. Critics argue that the review lacks transparency and are calling for its cancellation, warning that it could undermine confidence in the state’s electricity reforms.

The growing disagreement has exposed deeper divisions within the sector, with professionals and interest groups insisting that any evaluation of a critical public asset must be handled with strict adherence to industry standards and independent oversight. Some have also raised fears that the situation could stall ongoing efforts to stabilise power supply in the state.

Ibom Power Company, a key electricity generation asset owned by the Akwa Ibom State Government, plays a central role in the region’s energy framework. However, the current controversy is adding to existing operational and structural challenges facing the sector.

Observers warn that unless the dispute is resolved quickly, it could complicate investment prospects and slow down planned reforms aimed at improving electricity delivery across the state.

As calls for clarity grow louder, attention is now on the state government and relevant authorities to address the concerns, restore trust, and ensure that the power sector remains on track for sustainable development.