OCCIMA wants Imo to deliver on gas plant project at industrial layout
Dikachi ElembaJune 21, 2022
BY Dikachi Elemba In order to rehabilitate the Imo industrial layout along Owerri-Onitsha road, and bring it back to a functional state, the Imo State government will need to implement a planned gas plant project that will supply electricity, and help to provide power to industries, create jobs, fight insecurity in the state, so as […]
Marketing its tourism, Imo opens first-ever tourism information office
Dikachi ElembaJune 14, 2022
BY Dikachi Elemba To project and showcase its potentials, the government of Imo State, through the Ministry of Tourism, Culture and Creative Arts, has opened a tourism information office at International Exhibition Centre, FSP Park, Owerri, in line with the commitment of the state government to project the state as a huge tourism destination. Imo […]
Imo plans 5000 housing units, sign MoA with Contemporary Architecture
Dikachi ElembaJune 14, 2022
BY Dikachi Elemba Contemporary Architecture Limited, an indigenous design and building construction company, with head office in Lagos, has signed a memorandum of agreement (MoA) with the Imo State government to construct and flag-off 5,000 housing units with 1,000 housing units expected to be delivered in the first phase. Signing the MoA, Fitzgerald Umah, managing […]
FirstBank secures $150m Afreximbank’s pandemic mitigation facility to support Nigerian businesses
Businessam StaffJune 13, 2022
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has secured a US$150 million finance facility from African Export Import Bank (Afreximbank). The funding was provided under Afreximbank’s Pandemic Trade Impact Mitigation Facility (PATIMFA). The US$150 million financial support from Afreximbank will be accessible to FirstBank customers involved in the manufacturing […]
Imo agencies bully hoteliers instead of joining us to grow Imo economy
Dikachi ElembaJune 7, 2022
JOSEPHAT E. NWOSU lived in Germany for 15 years and another 35 years in the United States before returning home to Nigeria to establish and become managing director of Mayor Courtyard Hotel and Suites, a decent boutique hotel along Chukwuma Nwoha Street, in Owerri. He is now the Eze-elect (traditional ruler-elect) of Obike autonomous community […]
Imo awaits $20m NG-CARES fund offering protection to vulnerable households, others
Anthony NlebemMay 31, 2022
BY DIKACHI ELEMBA The Nigeria COVID-19 Actions Recovery and Economic Stimulus (NG-CARES), a World Bank assisted fund, may have shown its readiness to assist the Imo State government with $20 million, Chibuzor Innocent Awurum, the NG-CARES coordinator, Imo State has confirmed. This fund, if received, will help to give economic protection to the less privileged […]
Ganduje lays foundation of 500 affordable new houses in Kano
Adeola AjakaiyeMay 21, 2022
BY ADEOLA AJAKAIYE Governor Abdullahi Ganduje of Kano State laid the foundation over the weekend for the construction of 500 Houses at Rafin Mallam and Yola, in Ungogo Local Government Area of the state. Represented by his deputy, Nasiru Yusuf Gawuna, the governor commended the federal government for the initiative, which he said would assist […]
AFEX, Kano State APPEALS to boost farmers’ productivity, market access
Onome AmugeMay 18, 2022
BY ONOME AMUGE AFEX, Africa’s fastest growing commodities player, has initiated a partnership with the Kano State government to facilitate the Kano Agro-Processing Productivity Enhancement and Livelihood Improvement Support (APPEALS) project. According to a statement made available to Business A.M., the partnership, announced recently at a memorandum of understanding (MoU) signing ceremony in Kano, will […]
Costs of running standard hotel in Owerri enormous, says Villas Sur Rive Hotel’s CEO
Dikachi ElembaMay 18, 2022
NNADOZIE UDE is the managing director of Villas Sur Rive Hotels, Owerri, a very busy boutique hotel in the city well known as one of Nigeria’s hotel capital cities, Owerri with a parking lot that can accommodate up to a hundred cars at a time, and a large swimming pool under construction that could take […]
University don, entrepreneur want more investment in catfish production
Dikachi ElembaMay 17, 2022
BY DIKACHI ELEMBA To provide for adequate food security for Nigeria’s growing population of about 200 million people, as well as close the widening gap of fish demand of about 1.5 million metric tonnes per annum against just 600,000 metric tonnes produced locally, fish farmers and budding fish farmers have been called upon to increase […]