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A’Ibom’s $3bn Gas FTZ Ready For Investors

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4 years ago

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Delegation of the German Industry and Commerce in Nigeria (AHK Nigeria) in collaboration with the Nigerian–German Chamber of Commerce (NGCC) and the German-African Business Association (Afrika-Verein), held the 9th edition of the German-Nigerian Business Forum in Lagos, to explore opportunities between both countries and chart a way forward in a post pandemic period.
The event, which featured keynote speeches, panel sessions, presentations, and product demonstrations, had Boss Mustapha, Secretary to the Government of Nigeria, H.E. BirgittOry, German Ambassador to Nigeria, Folasade Adefisayo, Commissioner for Education, Lagos State, Emeka Offor, Executive Secretary/CEO, Nigerian Investment Promotion Commission (NIPC), Herbert Wigwe, Group Managing Director and CEO, Access Bank Plc, amongst others in attendance.
Speaking on the subject, Akwa Ibom and Investment opportunities, the Chairman, Technial Committee on Foreign Direct Investments, Gabriel Ukpeh, urged investors across the globe to explore the investment opportunities at the Akwa Ibom State Free Trade Zone to the tune of over $3 billion in investment.
Ukpeh who harped on the renewed promise and attributes that Akwa Ibom holds for potential investors through its various initiatives, said the Free Trade Zone boasts of 50,000 hectares FTZ, free container import – zero duties, waiver on company taxes, refinery, and petrochemical plant, fertiliser plant, methanol plant, gas processing and thermal power plants for potential investors.
He stated that the investment opportunity in the unique location was worth over $3 billion.
According to him, “Governor Udom Emmanuel came from the private sector, hence, bringing a private sector perspective to bear on governance in the State, restructuring the way business of governance is done in Nigeria. Akwa Ibom stands out when compared to other states in Nigeria for obvious reasons.

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Niger Delta

Edo CP Vows Justice For Slain NSCDC Operatives

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7 days ago

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September 12, 2025

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The Commissioner of Police in Edo State, Mr. Monday Agbonika, has vowed to hunt down and bring to justice those behind the killing of eight NSCDC operatives in the State.
Agbonika gave the assurance on Tuesday during an on-the-spot assessment of the attack scene, which also involved the abduction of a Chinese national.
Describing the incident as “a dastardly act that will not go unpunished”, the Commissioner expressed condolences to the Edo State Command of the NSCDC.
He paid tribute to the fallen operatives, describing them as “gallant personnel who paid the ultimate price in the line of duty.”
“We stand in solidarity with the NSCDC in this grief. Their sacrifice will not be in vain, and Edo people should expect justice”, Agbonika said.
In a separate meeting with Chinese community members at BUA Cement, Okpella, the police chief assured that efforts were ongoing to rescue the abducted expatriate alive.
“Our men are on the ground, and operations have been intensified. We are determined to rescue the kidnapped victim and prevent further incidents in the area”, he said.
Agbonika appealed for calm among residents, urging cooperation through timely and credible intelligence to aid ongoing security operations.
“Security is a collective responsibility. We call on residents to support us with information. Together, we will defeat criminals threatening Edo’s peace”, he added.
He reaffirmed the command’s commitment to protecting lives and properties, stressing that it would not relent until the attackers were arrested and justice delivered.
The Tide’s source reports that the Okpella attack occurred on Friday.
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Niger Delta

Police Nab Suspected Illicit Drugs Dealer In Delta

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7 days ago

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September 12, 2025

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The Police Command in Delta State has arrested a suspected female illicit drugs dealer in Ughelli North Local Government Area of the state.
The command’s Spokesman, SP Bright Edafe, disclosed this in a statement made available to newsmen in Warri on Wednesday.
Edafe said the suspect was nabbed alongside her three apprentices on August 29 by the police operatives attached to the Ughelli Area Command.
He said the operatives carried out the raid following credible information on the activities of some individuals that indulged in the sale of illicit drugs within Afisere/Ughelli town.
“The operatives trailed and arrested a drug baron who operates a chemist store in Afisere Community alongside three of her apprentices.
“The suspect led the operatives to her house at Afisere and a search warrant was executed.
“Exhibits recovered from the suspects included: 355 bottles of CSC codeine, 57 rolls of 50MG tramadol capsules, 335 rolls of 100mg tramadol capsules.
“Others were: 33 rolls of 200mg super royal, seven backwoods, 540 sachets of swinol capsules and 16 cups of Canadian liquid cannabis”, he said.
The police spokesman said investigation further revealed that the suspect was a major dealer in illicit drugs in Ughelli and its environs.
Edafe added that investigation in the matter was ongoing.
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Niger Delta

C’River Assembly extends Bekwarra LG Chairman’s Suspension By 3 Months

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7 days ago

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September 12, 2025

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The Cross River State House of Assembly has extended the suspension of the Bekwarra Council Chairman, Ms. Theresa Ushie, to 90 days.
Speaker of the Assembly, Mr. Elvert Ayambem, made the remark on Wednesday during plenary.
The Tide’s source recalls that Ushie was suspended on June 10 for three months on allegations of corruption, misconduct and abuse of power.
The suspension followed a petition from the Bekwarra Local Government Legislative Council, signed by eight of its members, who also attempted to impeach her.
Ayambem explained that the extension was to allow the House Committee on Judiciary, Public Service Matters, Public Petitions and Conflict Resolution more time to investigate the petition written against the chairman by the Bekwarra Legislature.
The House had earlier deliberated on a motion calling for the extension of the office of the LGA Acting Chairman, Mr. Egbung Obama, before agreeing to extend Ushie’s suspension.
In his remarks, Chairman of the Investigative Committee and member, representing Abi State Constituency, Mr. Davies Etta, said the committee needed more time to carry out a thorough investigation.
Ushie was elected as Bekwarra Local Government Council Chairman and sworn-in in November 2024.
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