Niger Delta
‘Customers’ N1.2bn Debt Crippling C’River Water Board’
Managing Director, Cross River State Water Board, Mr Victor Ekpo, says that N1.2 billion debt being owed the utility company by customers have affected its service delivery to the people.
Ekpo, who stated this while addressing newsmen in Calabar yesterday, also spoke on a wide range of issues affecting the water corporation and his plans to resuscitate the organisation.
Noting that the debt covered between January 2020 and March 2021, he said it had made it impossible to replace broken down pipes, fix the generating sets and buy chemicals for water treatment.
The Managing Director, however, expressed regrets that prominent citizens of the State, particularly politicians, formed the major people that were indebted to the board.
He stressed that since the debtors refused to pay in spite of several persuasive means, the corporation would adopt the option of publishing their names to compel them to pay.
Ekpo, who advocated for the outright privatisation of the board, said its revenue profile plummeted from about N50 million in 2007 to less than N1 million at the time he took over in January 2020.
“My first discovery here is the corruption in the board. Some of the staff turned the place to money-making ventures for themselves.
“While some of them created a means of collecting revenue to their personal account, others engaged in vandalism of key components of the board’s generating sets and stealing pipes.
“Infact, many of the staff attitude to work was not something that will enhance efficiency and effectiveness of the board to service delivery.
“Or how do you explain a situation where a staff procured her own PoS and started collecting and channelling revenue of the board to her personal account? asked Ekpo.
He, however, noted that in spite of the challenges he inherited, he had been able to raise the revenue to N9 million.
“I was able to achieve this from a near comatose state I met the water board.
“More can be achieved if we get the cooperation of our customers and staff who have resorted to vandalism of facilities of the board and some of our customers who bypass our meters.
“We also have challenges of huge electricity bill that amount to about N12 million monthly and the over N180 million electricity debt I inherited,” he said.
While noting that privatisation remained the best option for the Cross River Water Board, Ekpo assured that strategy had been made to ensure better service delivery to the people.
According to him, “We are surely going to come out stronger in the next few weeks. All, but one, of our nine stations, will start pumping water to the people.”
He said his target was to raise the revenue of the board to the level where it would start paying the N29 million of the staff monthly wage bill.
“I understand more people have resorted to sinking boreholes in their homes, but our water still remains the best. It is well teated for their safety,” he said.
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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