Business
Unite To Attract Govt Projects, Communities Urged
The Commissioner for Works, Mr Dakuku Peterside has called on the people of Nkoro and Opobo to continue to live in peace to attract government projects.
Mr Peterside made the call in Opuorokuma Ama, during a reception and awards ceremony for some deserving individuals of the community.
He lamented over what he described as unhealthy rivalry between Nkoro and Opobo, pointing out that the two neighbours take delight in issues that will separate them rather than uniting them and called for a change of attitude.
The Commissioner reminded them that, as their contribution, what they owe the present administration for its developmental projects in the area is steadfastness in prayers and continuous living in peace.
A former Chairman of Etche Local Government, Mr Nnamdi Okere in his remarks extolled the cordial relationship existing between the Opobo/Nkoro Council Chairman and his vice.
In his speech, the Chairman of the occasion who is also the Chairman, Opobo/Nkoro Local Government Council, Hon Maclean Bethel Uranta, remarked that, the honour bestowed on the vice chairman, Mr Patrick Alapuberesika and the councilor representing ward lOin the area, Mr Rogers C. Ibifuro is designed to spur them up for greater service.
Earlier in an address, the Opuorokumo-Ama Community in Nkoro thanked the Governor, Rt Hon Rotimi Chibuike Amaechi for the people-oriented projects in the area, particularly the unity road network linking the ancient Nkoro Kingdom to other communities and pledged their commitment to the completion of the project.
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Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
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