Edo, EP20 Nigeria seal N2.83bn deal to set up 3-in-1 recycling plant
Olivia Nnorom
November 28, 2022
By Olivia Nnorom The Edo State government and EP20 Nigeria Ltd have entered into a partnership to set up a 3-in-1 recycling plant as part of the government’s efforts to ensure proper waste management in the state. The plant, when fully operational, will recycle plastics and other waste materials and also handle the incineration […]
$500m Abia agro-park to create 20,000 jobs, boost food sufficiency
business AMNovember 25, 2022
By Business AM A $500 million agricultural industrial park is being planned for construction in Abia State from January 2023. To be built by Power Construction Corporation of China (PowerChina), a Chinese Government-owned Global Fortune 500 Company, the project is being facilitated by Orji Uzor Kalu, a former governor of Abia State and a senator, through SWIBER […]
Ogun seeks N30bn loan from private investors to fund cargo airport
Cynthia EzekweNovember 22, 2022
By Cynthia Ezekwe Ogun State government is seeking to raise N30 billion in new debt capital from private investors to fund the state’s agric-based cargo airport. The government has opened an application list for private investors to subscribe to a N30 billion five-year bond under a special purpose vehicle known as BOFT Infrastructure SPV Limited, […]
business AMNovember 11, 2022
Our unique services stand us out from the rest, says Futoa Hotel GM Mbakwe Michael is the secretary of the Nigeria Hotel Association (NHA), Imo State chapter, and general manager of Futoa Hotel Plaza, Ihiagwa, Owerri. In this interview, he tells SABY ELEMBA what makes the hotel tick and why customers cannot stop coming back. Can you walk us through Futoa Hotel […]
Rivers releases N78bn projects sum in wind-down of N483bn budget
Maduabuchi EfegadiNovember 7, 2022
BY MADUABUCHI EFEGADI Includes N26bn cancer, cardiovascular facility Rivers, Nigeria’s oil-rich state and unarguably one of the country’s big spending subnationals, has released N78 billion to complete a series of projects strewn across the state, as it begins to spend down its N483.17 billion 2022 budget. Approval for the money came from the state’s executive […]
Businesses, investors upbeat ahead of sixth Edo investment summit
Olivia NnoromNovember 7, 2022
By Olivia Nnorom Businesses, local as well as international investors are gearing up for the sixth edition of the annual Edo investment summit, Alaghodaro 2022, a policy think-tank that rallies private-sector investors and captains of industry in a bid to make Edo State the most investment-friendly sub-national in Nigeria. Ifueko Alufohai, executive secretary, Alaghodaro Company […]
Imo marches toward productive economy with launch of industrial policy
Saby ElembaNovember 3, 2022
By Saby Elemba …targets 40,000 jobs, new businesses to spring up Imo State, Nigeria’s Eastern Heartland, has joined the league of states where there is a conducive environment for local and foreign investors as well as budding investors to come, invest and carry out their legitimate businesses. Hope Uzodinma, the state governor, who […]
Delta proposes N326.6bn capital, N235.2bn recurrent expenditure in 2023 budget
Luther AnimashaunOctober 28, 2022
By Luther Animashaun Delta State Governor Ifeanyi Okowa on Thursday presented an Appropriation Bill of N561.82 billion for 2023 to the state’s House of Assembly. The governor told the lawmakers that the Bill, christened “Budget of Seamless and Stable Transition”, was made up of N326.6 billion for capital expenditure and N235.2 billion for […]
German govt’s support for Edo skills devt drive gets Obaseki’s nod
Olivia NnoromOctober 28, 2022
By Olivia Nnorom The Edo State government has acknowledged the role of the German government in supporting the state’s skills development, job creation and youth development programmes. The government said the support from the German government, among other things, is helping Edo State to expand the frontiers of technical education, embark on training programmes, […]
NEPC partners NGO to sensitise Imo youths on non-oil exports
Saby ElembaOctober 28, 2022
By Saby Elemba The Nigerian Export Promotion Council (NEPC) has continued its advocacy aimed at enlightening citizens on the various exportable non-oil products. In line with this push, the Council recently held a sensitisation workshop at the Ahiazu Mbaise Local Government Secretariat in Imo State, in partnership with NobleGoal Community Development Initiative (NCDI), […]