Edo State NDDC coordinator Hon Uwuilekhue Saturday has listed some projects embarked on by the NDDC under his leadership as State Rep/Commissioner in Edo for 2 years. Uwuilekhue who spoke on Tuesday in Edo State at the NDDC Stakeholders Forum themed “Peace As A Panacea For Sustainable Development In The Niger Delta Region” said there cannot be peace if the ...
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Niger Delta $10b infrastructure fund is nowhere to be found – Stakeholders
Close to two years after the Federal Government launched the $10b Infrastructure Fund to stimulate development in the Niger Delta, there is no trace of the fund anywhere. In October 2016, the Federal Government launched the $10b Infrastructure Fund to end insurgency and introduce sustainable development in the region. Minister of State for Petroleum, Ibe Kachikwu alongside President Muhammadu Buhari, ...
Read More »Niger Delta: Shell shows displeasure over attacks on oil infrastructure
Niger Delta – In the African country of Nigeria, oil wells may be flowing again, but the country’s largest operator says attacks continue to put a brake on output. “Security in parts of the Niger Delta remains a major concern with persisting incidents of criminality, kidnapping and vandalism as well as onshore and offshore piracy,” said Igo Weli, general manager ...
Read More »NDCC Director forfeits N846M landed properties to F.G
Justice Chuka Obiozor sitting at the Federal High Court in Lagos yesterday ordered the temporary forfeiture of four landed properties linked to a former Executive Director, Projects, Niger Delta Development Commission, Mr. Tuoyo Omatsuli. The court made the order for the temporary forfeiture of the properties on Thursday following an ex parte application by the Economic and Financial Crimes Commission. ...
Read More »NDDC set to complete all on-going projects
The Niger Delta Development Commission (NDDC) has restated its resolve to complete all on-going projects across the Niger Delta region within the limits of funds available to it. The NDDC Executive Director Projects Engr. (Dr) Samuel Adjogbe, re-echoed the commitment when he led a team of directors and engineers to inspect the emergency repair of Umuelemai-Agbaja Road in Isiala Mbaino ...
Read More »NDDC fast-tracks 25 kilometres link roads
The Niger Delta Development Commission, NDDC, has pledged to fast track the 25-kilometre dual carriageway linking Imo and Rivers states through oil-bearing communities in both states. Mr. Nsima Ekere, the NDDC Managing Director, gave the assurance when he led a team of directors and engineers to inspect the road spanning several oil-producing communities. He explained that the road runs through ...
Read More »Mile 2 –Apapa road lock-down: Lagos loses N42 billion monthly to traffic gridlock
The blockade of access roads in Lagos, Nigeria’s major commercial city continues unabated, as the Mile 2 axis of the Oshodi-Apapa Expressway was for a better part of Thursday, locked down. This caused total traffic gridlock on the road. Motorists were seen diverting to various routes alternative to the expressway, but the alternatives were no better, as several vehicles got ...
Read More »Akeredolu flags off construction of N19.3bn link road between Niger Delta and Lagos
Akeredolu flags off the construction of the N19.3 billion coastline road linking Ondo and Lagos States has been flagged. The 51 kilometer Araromi-Akodo/Ibeju-Lekki road project is jointly funded by by Ondo State Oil Producing Area Development Commission (OSOPADEC} and Niger Delta Development Commission (NDDC]. Gov. Oluwarotimi Akeredolu of Ondo state performed the ceremony on Thursday at Araromi Seaside, Ilaje Local ...
Read More »Review of the Real Estate Sector in 2017 and Expectations for 2018
In 2017, the Nigerian economy and investment market was in distress. For most Nigerians, being lost in the surging tides was a whole lot easier than staying afloat. Nigeria as a country managed to survive the storm of 2017. In this piece, we review 2017 as a guide to what lies for the real estate sector and it’s affiliates in ...
Read More »NDPHC flags off construction of Lafia power transmission substation
The Niger Delta Power Holding Company (NDPHC) has flagged off construction of a 330 kilovolt (KV) transmission substation worth N5.49 billion in Lafia, the Nasarawa state capital. The Managing Director of NDPHC, Chiedu Ugbo at the site yesterday said the project which will be completed this year will add about 300 megawatts (MW) of electricity capacity to the state. He ...
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