NDDC hands former head office building to Rivers government
Ben Eguzozie
September 13, 2021
Spent 16 years renting offices at N38.4bn The Niger Delta Development Commission (NDDC), now fully settled in its 13-storey headquarters complex on Eastern Bypass area of Port Harcourt, has handed over the keys to its former headquarters building, ‘Harold Dappa Biriye House’, on Aba Road, Port Harcourt, to the Rivers State government, […]
Bayelsa signs power supply agreement with NCDMB
Ben EguzozieSeptember 13, 2021
With huge gas deposits, state wallows in power lack Ranks among financially insolvent states Bayelsa State government has entered into a purchase agreement with the Nigerian Content Development and Monitoring Board (NCDMB) to ensure regular power supply to the Government House complex in Yenagoa and environs. NCDMB operates a 10-megawatt gas-powered independent […]
Anambra looks to oil revenue as Buhari approves petroleum-bearing state status
Ben EguzozieSeptember 10, 2021
Anambra State is eagerly looking to boost its revenues from the potential windfalls from its new status as petroleum bearing state after President Muhammadu Buhari officially signed off on an earlier Federation Account Allocation Committee confirmation of the same to Governor Willie Obiano. President Buhari’s approval was conveyed in a letter to Governor Obiano […]
Buhari arrives Imo State Thursday, to commission over N2bn projects
Dikachi ElembaSeptember 8, 2021
By Dikachi Elemba, in Owerri President Muhammadu Buhari will commission projects worth over N2 billion in Imo State executed by the administration of Governor Hope Uzodinma, when he arrives on Thursday for a one-day official visit. While in the state, the president is also expected to hold a crucial meeting with critical stakeholders […]
USAID’s Trade Hub bets N494m on Tomato Jos to lift 4,000 Kaduna farmers production
Onome AmugeSeptember 8, 2021
Tomato Jos, a Nigerian agro-processing company renowned for the local production and processing of tomatoes, has been awarded a co-investment grant worth N494 million by the USAID-funded West Africa Trade & Investment Hub (Trade Hub), a diversification venture into the grains sector set to boost the productivity, income, and resilience of 4000 maize and soybean […]
Oil-rich Bayelsa, despite huge FAAC hauls, among 8 of Nigeria’s poorest states – report
Ben EguzozieSeptember 8, 2021
Can’t survive without FAAC disbursements With IGRs of less than 10%, states are insolvent Bayelsa, one of Nigeria’s oil resources-rich states, is ironically ranked along with seven others as the nation’s poorest sub-nationals, according to a states’ annual viability index (ASVI) based on a survey carried out by Economic Confidential showing the 2020 […]
Imo government sees potentials for jobs across South-East through JLN
Dikachi ElembaSeptember 7, 2021
By Dikachi Elemba, in Owerri Firm to procure 2700 hectares of farmland To venture into fabrication of tools With the various investments by JLN Agric Implementation Services Limited and JLN Farm Division to bring a revolution in the agricultural sector in Imo State and the entire south east, through massive stocking and assembling […]
Port Harcourt DisCo losing 30% of revenue to meter bypass thieves
Ben EguzozieSeptember 6, 2021
Goes tough on offenders The management of Port Harcourt Electricity Distribution Plc (PHED), one of the 11 DisCos in the country, has vowed to arrest and prosecute any person, group of persons or corporate body found to be engaged in meter bypass in its network. PHED’s franchise area are: Rivers, Bayelsa, Akwa Ibom, […]
Capegate maps out 150MW waste to electricity in Kano
Onome AmugeSeptember 2, 2021
plan to generate 10 megawatts (MW) of electricity by 2022 from waste, and ramping it up to 150MW before 2025 in Kano State, is being promoted by Capegate Investment Limited, an Abuja based waste management company. The company had earlier signed a 20-year Public Private Partnership (PPP) refuse management contract with the Kano State […]
Anambra hails inclusion in Nigeria’s oil producing states’ grouping by RMAFC
Ben EguzozieSeptember 2, 2021
Says years of fight for inclusion worth it With 14 operational oil wells, state could up its economic growth The Anambra State government is basking in unprecedented euphoria over its recent inclusion in the grouping of Nigeria’s oil producing states by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC). Willie Obiano, governor of […]