Rivers receives N78.9bn refund from FG as Wike plans more projects with funds

Rivers receives N78.9bn refund from FG as Wike plans more projects with funds

  Gov assembles top politicians to commission plethora of road projects But opposition says projects impressionistic, lacking economic growth ingredients     Oil-rich Rivers State has finally received the N78.9 billion federal government refund promised it by PresidentMuhammaduBuhari in May last year, following a federal executive council decision to undertake refunds to five states totalling […]

Enugu DisCo investing N1.6bn in network expansion

Enugu DisCo investing N1.6bn in network expansion

  South-East customers grossly underserved, resulting in higher stranded energy Total stranded power rose by 263% to 3,742 MW in 2020   Enugu Electricity Distribution Company (EEDC) says it is investing N1.6 billion in network expansion projects which were earmarked for funding within its 2020 and 2021 rolling projects for electricity stability and improvement in […]

Rivers’ commissioner, Nsirim, says Governor Wike’s projects to attract investors

Rivers’ commissioner, Nsirim, says Governor Wike’s projects to attract investors

  But analysts want governor to balance projects with economic growth, job creation     Paulinus Nsirim, Rivers State’s commissioner for information and communication, says the vast projects, including the on-going seven flyover bridges, being erected across the oil-rich state by Governor Nyesom Wike, are aimed at attracting investors into the state and thereby grow […]