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.
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.