Category: Business & Finance

Delta Govt Threatens Sanctions Against Orere Bridge Contractor

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…….Izeze Faults Slow Progress, Rejects Rainy Season Excuse   The Delta State Government has threatened sanctions against the contractor handling the Orere River Bridge and Edjekota–Ewu–Orere Road projects in Ughelli South Local Government Area over unsatisfactory progress, warning that continued delays will no longer be tolerated.   The Commissioner for Works (Highways and Urban Roads), Comrade Reuben Izeze, gave the warning on Friday during an inspection of the projects, expressing displeasure with the contractor’s pace of work and what he described as a lack of commitment to timely delivery.  …

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Delta Govt Threatens Sanctions Over Slow Pace of Orere Bridge, Road Projects

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The Delta State Government has warned that it may take action against the contractor handling the Orere River Bridge and Edjekota–Ewu–Orere Road projects in Ughelli South Local Government Area over what it described as an unsatisfactory pace of work.   The Commissioner for Works (Highways and Urban Roads), Comrade Reuben Izeze, gave the warning on Friday during an inspection of the projects, accompanied by engineers from the ministry.   Izeze expressed displeasure with the level of activity at the sites, accusing the contractor of failing to demonstrate the commitment required…

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HiGO, NACTOMORAS Partner To Revolutionise Keke, Motorcycle Transport

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…Target safer rides, digital identification, rider empowerment, nationwide expansion   In a major move to transform Nigeria’s commercial transportation sector, HiGO, a mobility technology brand of HiConnect Global Services, has entered into a strategic partnership with the National Commercial Tricycle and Motorcycle Owners and Riders Association of Nigeria (NACTOMORAS) to promote passenger safety, improve riders’ welfare and introduce technology-driven solutions into commercial tricycle and motorcycle operations.   The partnership, formalised through the signing of a Memorandum of Understanding, MOU, on Wednesday, October 21, 2026, is designed to modernise commercial transportation…

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Anambra Debt: Obi challenges Soludo Over Alleged $123.77m Debt Inherited In 2014

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  Former Anambra State governor, Peter Obi, has challenged the state government to explain how it arrived at the figure of $123.77 million allegedly left as debt by his administration when he handed over power in March 2014. Obi, in a statement in his verified X, handle, said the figure was a combination of different categories of multilateral development financing and should not be described wholesale as “loans left by Peter Obi.” He said he had remained silent over the issue in recent days because he was mourning the death…

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Okhimamhe Reveals How Delta Microfinance Banks Was Debt-Free, United Under His Tenure

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 The immediate past Chairman of the Delta State Chapter of the National Association of Microfinance Banks, NAMB, Mr Patrick Okhimamhe, has said his administration left the association united, financially accountable and without liabilities after two years in office. Okhimamhe, who is the Managing Director of Revelation Microfinance Bank, Delta State, stated this at the 2026 Annual General Meeting (AGM) and election of new executives of the association in Delta State. Speaking on his stewardship at the end of the tenure, Okhimamhe said the administration’s major achievements included restoring unity among…

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NCDMB Reaffirms Commitment To Intellectual, Human Capacity Development

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By Julius Agadaga, Yenagoa   The Nigerian Content Development and Monitoring Board (NCDMB) has pledged to sustain investment in human and intellectual capacity development as part of efforts to grow Nigerian participation in the oil and gas sector.   The pledge was made at the 5th edition of its Book Reading Programme held at the Nigerian Content Tower, Yenagoa, Bayelsa State.   The edition featured a review of The Pain and the Promise: Insights and Fragments on Nigeria and People, Public and Personal, authored by journalist and public policy analyst,…

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Oborevwori Distributes 50 Fishing Boats, Engines to Fishermen In 3 Warri LGAs

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  Delta State Governor, Rt. Hon. Sheriff Oborevwori, has distributed 50 fishing boats equipped with 15-horsepower Yamaha outboard engines and fishing nets to fishermen across Warri North, Warri South and Warri South-West Local Government Areas of the state. The intervention, according to the governor, is aimed at boosting fishing activities, improving the income of riverine dwellers and strengthening food security in the affected communities. The boats and other fishing equipment were commissioned and handed over to beneficiaries at Koko, headquarters of Warri North Local Government Area, on Monday. Represented at…

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URHOBO’S ₦100BN GAS PARK: The Qestions Omo-Agege Must Answer

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By Ufuoma Egbe     There comes a point when political leaders must stop issuing evasive explanations and answer the difficult questions. For Senator Ovie Omo-Agege, that point is now. The controversy surrounding the proposed ₦100 billion Industrial Gas Park raises a fundamental question: was the project located based on technical and economic considerations, or on political interests to concentrate development around his community? That question goes to the heart of the crisis confronting the Urhobo Nation today. If the project is now stalled or at risk because the wrong…

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Bayelsa Govt: Siasia Stadium Work Ongoing, We’re Not Waiting For FG

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By Julius Agadaga, Yenagoa   The Bayelsa State Government has dismissed reports that construction work on the Samson Siasia Stadium in Yenagoa has stalled because the state is awaiting funding from the Federal Government.   The state government described the report as false and misleading, insisting that work on the stadium, which it said was being developed to FIFA standards, was ongoing.   The Commissioner for Information, Orientation and Strategy, Mrs Ebiuwou Koku-Obiyai, stated this on Friday while briefing journalists during the June and July 2026 Transparency Briefing in Yenagoa.…

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Warri Kingdom Ends 10-Day Celebration Of Atuwatse III’s 5th Coronation Anniversary In Thanksgiving

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The Warri Kingdom has concluded a 10-day celebration marking the fifth coronation anniversary of His Majesty, Ogiame Atuwatse III, CFR, the Olu of Warri, with a thanksgiving ceremony attended by sons and daughters of Iwere, guests and friends of the kingdom. The thanksgiving, which brought the anniversary festivities to a close, offered an opportunity for the people to reflect on the five-year reign of the monarch and express gratitude to God for what they described as blessings, progress, unity and a renewed sense of purpose in the kingdom. The anniversary…

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