Skip to main content

Unbelievable! See what NDDC told foreign investors

Unbelievable! See what NDDC told foreign investors

The Executive Director Projects of the Niger Delta Development Commission, NDDC, Engr. Samuel Adjogbe, FNSE, has said the Niger Delta Region remains a viable place for foreign investment.

Adjogbe, who represented the Managing director of the Interventionist Agency, Mr. Nsima Ekere, made this remark during a meeting with a Consortium of Chinese Construction Firms at the NDDC Headquarters, Port Harcourt. He assured that, as a region with immense natural resources, a good return on any foreign investment in the Niger Delta Region was guaranteed.

The consortium of Chinese Investors led by Miss Julie Zhu, Managing Director of Phoenix Industrial Development Ltd is billed to undertake the dualization of the 48km Abak-Ete East West Road in Akwa Ibom State.

Speaking on behalf of the Chinese Group of Investors, Julie Zhu, affirmed the willingness of the Group to invest in the Niger Delta Region. She said: “As against talks of insecurity and restiveness in the region, we believe that this indeed, is a feasible venture to undertake.”

The Executive Director Projects noted that the move made to invest in the region was in furtherance of the 4-R Initiative of the Interventionist Agency which included restoring NDDC to its core mandate.

Engr. Adjogbe said: “Apart from the manifold benefits of having quality infrastructures in the region, this joint venture will aid in promoting foreign relations and boosting the confidence of those interested in doing business in the Niger Delta Region.”

He further reiterated the commitment of the present NDDC Board and Management to do things differently, irrespective of criticism and blackmail from people, who hitherto have benefited from the old ways of doing things in the Commission.

Some members of the consortium of foreign investors present at the meeting included Mr. Gerardo Della Santa, MD/ CEO Alcon Nigeria Limited; Wang Li, Chairman of Road and Bridge International; Zhuang Yong of JSTI Group; Messrs Levi Wei, Kang Juan, Wei Long Long and Larry Huaiqiang Li, all of China Shandong International Economic and Technical Cooperation Group Limited.

And the NDDC team was represented by Engr Emmanuel Audu Ohwavborua, Director of Project Monitoring and Supervision (PMS), Engr Eyoette Etim, Acting Director, Utility, Infrastructure Development and Waterways (UIDW) Directorate, Engr Abraham Ondukwu, Assistant Director, UIDW Directorate and Engr Emeka Ani, Technical Assistant to EDP.

Comments

Post a Comment

Popular posts from this blog

GEJ bids for presidential reelection

GEJ bids for presidential reelection The Bayelsa State Peoples Democratic Party has raised alarm over an alleged plot by former President Goodluck Jonathan to take over the control of the Peoples Democratic Party in the state. A top PDP chieftain, who spoke on condition of anonymity, said, “The former President wants to control the state because he desperately wants to stage a come-back at the Presidency in 2019. For him to do that, he must be seen to be in control of the party in the state. “He desires to install not only the next governor; he also wants to install his surrogates in other elective positions in 2019 such as senators, House of Representatives members and the state House of Assembly lawmakers. “Jonathan also desperately wants all groups and individuals with political aspirations to queue behind him as the leader of the party in the state ahead of the 2019 elections. “It will guarantee him a sure footing to make a strong bid for the party...
Post a Comment
Read more

Rivers: Govt Wike's proposed disbursement of N200m suffers another setback as comrade Douglas raises alarm

All is not well as the Rivers state governor, Nyesome Wike proposes another huge sum of amount in driving his political careers. According to a top antagonist of governor Wike's government, Douglas Dodiyi-Manuel, who highlighted some points said the move should be discontinued. Excerpts from Mr. Dodiyi-Manuel's massage; "We are yet to determine the implementation quotient of the 2alarmnd 2017 budgets that summatively amounted to N840b expenditure in two years. What are loans? I don't believe in artisanal programs that insult the potentials of our YOUTH. In this day and age, industrialisation is the word, not mere survival. If the Rivers State Government is sincere, then they must follow certain sequence: 1. Institutionalization: by this, I mean to create and strengthen institutions that will drive GOVERNMENT'S POLICIES. We can't in the 21st Century allow Wike run government like a kiosk. These institutions will look into government's proposed...
Post a Comment
Read more

Fresh Crisis in Rivers as Anabs, NGOs and others Rejects INEC Result Collation

Fresh Crisis in Rivers as Anabs, NGOs and others Rejects INEC Result Collation A foremost elder statesman Anabs Sara-Igbe and coalitions of Non Governmental Organizations  has rejected the onward collation of results by the Independent National Electoral Commission INEC. Addressing a large crowd  in a mega protest held  in Port Harcourt, Anabs Sara-Igbe maintained that the entire collation process should be canceled with  immediate effect, and INEC should conduct a fresh Election following their inability to do the right thing. In his views, he called on President Mohammadu Buhari to intervene stressing that what is happening in Rivers state is beyond autocracy alleging that both the incumbent governor of the state and  INEC are playing games. The elder statesman who also doubles as the spokesperson to Pan -Niger Delta Forum   also noted that the results being collated by INEC will not stand in as much as INEC did comprised.
1 comment
Read more