Business
FG Partners Chinese Bank On Zungeru Power Project
The Federal Government,
in partnership with the China Exim Bank, will spend about 1.3 billion dollars on the construction of a 700 megawatt-capacity Zungeru Hydroelectric power plant project.
The Vice President, Power China Internationale Group Ltd., Mr. Tian Haihua made this known recently in Zungeru.
He said that the project, when completed, would generate 700 megawatts and would start generating power by 2019.
Haihua said that the entire project would be completed by the year 2020.
He commended the Niger Government for providing peaceful atmosphere for the smooth take off of the project.
Also, Alhaji Abdulmalik Cheche, the state Commissioner for Works and Housing, said that the state government would continue to ensure peaceful atmosphere for successful completion of the project.
He said that the project would go a long way in providing job opportunities for the unemployed youths in the state.
Cheche explained that the project, after completion, would also increase industrial development of the state.
“We will continue to provide modern farming implements and inputs as we utilise the multi-million dollars dam for irrigation farming,” he said.
The commissioner reassured members of the communities that the payment of compensation for their lands would soon be settled.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
