Category: Economy

Nigeria Senator Vows To Keep $100bn Gas Park In Delta Communities

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Senator Ede Dafinone has vowed to continue efforts to keep a proposed 100 billion-naira industrial gas park in Eku-Sanubi, in Nigeria’s southern Delta state, despite technical challenges delaying the project. Dafinone, who represents Delta Central in the Senate, said he would oppose relocating the project from Urhobo land until all efforts to resolve the problems at the site had been exhausted. “I have no intention of moving an Urhobo project to another part of the country,” Dafinone said in an interview with Kpoko FM. The Nigerian Content Development and Monitoring…

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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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Bayelsa Deputy Gov Charges Engineers On State’s Development

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  By Julius Agadaga, Yenagoa Bayelsa State Deputy Governor, Dr. Peter Akpe, has described engineers as master planners critical to the development of the New Yenagoa City project.   Dr. Akpe stated when members of the Yenagoa branch of the Nigerian Society of Engineers, NSE paid him a courtesy visit at the Government House, Yenagoa.   A statement by the Senior Special Assistant on Media to the Deputy Governor, Mr. Doubara Atasi stated that engineers occupy a strategic position in the development of any city, stressing that Bayelsa, as a…

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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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Tantita’s Pipeline Protection Boosts Nigeria’s Oil Revenue, Employs Over 60,000 Niger Delta Youths— Bebenimibo

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By David Lawani, Abuja   The Media Consultant to Tantita Nigeria Limited, Dr. Paul Bebenimibo, has said the company’s sustained efforts in protecting oil pipelines and other critical infrastructure in the Niger Delta have significantly improved crude oil production, environmental safety and economic activities in the region. Bebenimibo, who is also Special Adviser to Tantita Chairman, Government Ekpemupolo, popularly known as Tompolo, stated this while speaking on the sidelines of an award presented to Tantita by Blueprint Newspapers in recognition of the company’s contributions to pipeline security and national development.…

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Oborevwori Applauds Renewed Efforts To Sustain Peace In Warri

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  Delta State Governor, Rt. Hon. Sheriff Oborevwori, has commended the renewed efforts to promote peace, unity and harmonious coexistence among the diverse ethnic communities in Warri and its environs. The governor, who spoke through the Commissioner for Higher Education, Prof. Nyerhovwo Tonukari, at the closing ceremony of the maiden Warri Unity Games held at the Federal Government College (FGC), Warri, described sports as a powerful instrument for strengthening relationships and fostering sustainable peace. Tonukari, who represented the governor at the event, conveyed Oborevwori’s warm regards and expressed his regret…

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How IYC Can Re-invent Itself – Gov Diri

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By Julius Agadaga, Yenagoa       Governor of Bayelsa State, Senator Douye Diri, has urged the new leadership of the Ijaw Youth Council (IYC) to reinvigorate the body to propagate the ideals for which it was formed.   Governor Diri stated this when the 10th IYC president, Dr. Doubra Okotete, his executive and other stakeholders paid a courtesy visit to Government House, Yenagoa.   A statement by the Governor’s Chief Press Secretary, Daniel Alabrah said the governor charged the leadership to work together to bring the council back on…

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Bayelsa-Based Welding Entrepreneur Seeks Govt, NDDC, NCDMB’s Patronage For Indigenous Fabricators

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      By Julius Agadaga, Yenagoa       Esther Bakumo Angese, a female welder from Bayelsa State, says her entry into welding was driven by creativity and a desire to transform raw materials into finished products.   Angese, who is also the Director of Izon Bakumo Enterprise Nig., a welding and fabrication firm, who spoke in an interview in Yenagoa, Bayelsa State said she has been in the trade for 14 years.   “The creativity in welding drew me to acquire welding as a skill. I like the…

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Economic Summit: We Are Ready To Invest In Delta-Brazil, Malaysia Investors

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…Oborevwori’s Administration Means Business- Onyeme   The Delta State Government’s drive to attract foreign direct investment received a major boost on Wednesday as investors from Brazil, Malaysia and the United States expressed strong interest in investing in the state’s agriculture, energy and industrial sectors following an inspection tour of key investment sites across the state.   The investors, who participated in the Delta State Economic and Investment Summit, visited the Kwale Special Economic Zone, where they were conducted round the facilities of Kwale Gas Gathering Hub and Phoenix Company.  …

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ECONOMIC SUMMIT: Delta, First-Order Investment Destination -Shettima

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    …As Oborevwori Unveils $100m Fund To De-risk Investments In Delta   Vice President Kashim Shettima, Monday called on local and foreign investors to take advantage of Nigeria’s improved economic outlook, declaring that Delta State is strategically positioned to emerge as one of the country’s foremost investment destinations.   He said the Federal Government’s economic reforms continue to restore investor confidence.   Speaking at the opening of the Delta State Economic and Investment Summit 2026 in Asaba, Shettima said the bold reforms initiated by President Bola Tinubu’s administration had…

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