Niger Delta
Delta Approves N269m For Graduate Scholarship Scheme
The Delta State Government has in Asaba approved the release of N269.9 million to cover the scholarship awarded to 40 graduates from the state who made first class in their fields of study.
The state’s Commissioner for Information, Mr Chike Ogeah, who briefed newsmen after the state’s Executive Council meeting, Wednesday said that 35 of the beneficiaries graduated this year while five others were those whom the scheme could not accommodate in 2010.
He said that the council also approved N833.9 million for the construction and renovation of secondary school classrooms across the state.
“For the State Vision 2020 road map, the council also approved N90.3 million to cover the activities for the year.
“The council approved the sum of N260.9 million for the construction of Ojafe-Ibuku road at Isoko North Local Government Area and for Ubulu-Uku road at Aniocha LGA, the sum of N136.6 million was also approved.
“While the sum of N344 million was approved for the construction of Owa Ifeziomo road through Owa Alero Phase II road at Ika North LGA,” he said.
Ogeah said that the state had also approved the released of N852.6 million as counterpart funds toward the building of a youth centre at Egbokodo, adding that when completed it would create employment for youths.
He said that the state had also resolved to return some secondary schools to their former owners while the government had approved the reversal of the secondary system to its former state where both junior and secondary schools were being run together.
In another development, the state has asked its ministries, departments and agencies (MDAs) to submit quarterly reports of their performances in the previous years.
Mr Kenneth Okpara, the Commissioner for Economic Planning, called for the reports at a forum with heads of MDAs, in preparation for the defence of the 2012 budget proposals in Asaba.
Okpara said that the quarterly reports would help the government to assess the level of progress recorded in the past.
“The quarterly reports will be analysed and standards will be set. This will serve as a guide in ensuring that all approved projects are properly monitored and implemented,” he said.
The commissioner stressed that the due process would be strictly followed in the allocation of funds to the MDAs in the 2012 budget.
Okpara said that all the tenets of prudent management would henceforth be applied in managing the state’s fiscal activities.
Sources said that 51 MDAs are expected to defend their budget proposals in the exercise that will end on November 3.
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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