Business
Lockdown: Agency Chairman Tasks Workers On Use Of ICT

The staff of the Delta State Investment Development Agency (DIDA), have been urged to make maximum use of Internet technology revolution taking place all over the world in the face of the Coronavirus pandemic.
The Chairman of DIDA, Mr Paul Nmah, made the call in Asaba yesterday when the agency held its first e-meeting to fashion out new investment strategies to boost investment in the state.
Nmah said investment activities had been challenged by the effects of the Coronavirus pandemic.
He said that DIDA should be actively engaged in executing its mandate by using the currently available Internet technology to interface with investors with a view to having them invest in the state.
“The new world order is tilting towards changing investment engagements to reflect a situation where investors would not have to rely on government funding. It is my belief that the pandemic is a passing phase.
”DIDA as an investment agency should be able to come up with self-funded projects that will inevitably rejuvenate the economy of the state after the Coronavirus pandemic,” Nmah said.
He called on the workers to be innovative and unique in structuring investment projects that would be viable and sustainable in the long term, adding that they could be backed by legislation to give assurance to potential investors.
Earlier, the Director-General of the agency, Chief Lucky Oghene-Omoru, said that carrying out some due diligence exercises would become more encompassing and quicker through Information and Communication Technology.
Oghene-Omoru said meetings with some investors and initial processing of some aspects of investment projects could be conducted through video conferencing facilities.