News
Governor Mbah Flags Off Construction Of New Enugu City
Published
7 months agoon
By
EditorGovernor of Enugu State, Dr. Peter Mbah, has flagged off the construction of 17km road, feeder roads, and other infrastructure, which he said marked the beginning of the construction of the New Enugu City in keeping with his campaign promise to make the state the premier destination for investment, business, living, and tourism.
The New Enugu City sits on 10,000 hectres of land, off Enugu-Abakaliki Road and traverses Enugu East, Enugu North, Enugu South, and Nkanu West LGAs.
At the ceremony, Governor Mbah said the first phase of the project, which covers 26 square kilometres, would be delivered in 24 months in line with the administration’s determination to restore Enugu’s lost glory and reposition it as one of the top three states in Nigeria.
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Mbah explained that the New City, which was awarded to China Communication Construction Company, CCCC, would rub shoulders with any great city in the world.
He called on the people of the state and the host communities to work with the government and contractors to deliver what would make Enugu State proud and the cynosure of all eyes.
“We have conceived a city that we believe marks the beginning of our journey to the position and consequential roles we want to play in the affairs of this continent.
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“We are going to start with the first phase of about 26km2. This will warehouse three Islands, namely the Happy Island, the Vitality Bay, and the Innovation Park. All of these islands are designed with first class city features in mind.
“All the things that we experience when we travel to Dubai, Singapore, and other major cities in the world, is what we are about to bring to you here in Enugu State because we believe you deserve nothing but the best.
“And this is obviously pursuant to the pledge we have made to Ndi Enugu to grow the economy from its current level of $4.4bn to $30bn in the next four to eight years.
“This is going to create a veritable platform because in this city, we are going to have a dedicated power project, a dedicated power plant, we are going to have a central sewage system, we are going to have all the central public utilities centralised, and it is going to be provided by the government.
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“We are going to have access to high-speed internet in this New City, there is hardly anything you find in any modern smart city that you won’t find in this city”, he said.
In his remark, the Deputy Managing Director of China Communication Construction Company, Henry Li, pledged the commitment of the firm to deliver a world-class project within the stipulated time.
Also speaking, the Chairman of Enugu East, Livinus Anike and leaders of the host communities, including Engr. Emeka Nnam, pledged the support and cooperation of the host communities towards the speedy realisation of the massive project.
They also commended the Governor for what they described as the creativity he has brought to bear in the governance of the state.
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News
Bauchi Commissioner Gifts 3 Students Cash For Prompt Resumption, Ability To Read
Published
4 hours agoon
May 17, 2024By
EditorThe Bauchi state Commissioner for Education, Dr Jamila Dahiru, on Thursday, gave a cash gift of N5,000 each to three Senior Secondary II students of Government Science Secondary School, Misau for their determination to succeed in Education.
Two of the students, Adamu Adamu, Mustapha and Haruna impressed the commissioner for their presence in school in the first day of resumption while Abdullahi Musa marvelled her for his reading ability and comprehension.
According to the commissioner, the gesture was to appreciate their determination to learn as well and motivate other students to emulate them.
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While paying a courtesy visit to the Emir of Misau, Alh. Ahmed Sulaiman, the commissioner disclosed that the Bauchi State government was working with stakeholders from the Misau Emirate to fine-tune modalities of temporarily accommodating the students of Federal Science Technical College, Misau at its Science Secondary School Misau.
She said the college made the request in a letter to the ministry stating that the facility given to them could no longer accommodate their students population, hence the resolve to convene the stakeholders meeting to fine-tune ways of sharing the facility for the betterment of the state.
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She disclosed that government science secondary school Misau, one of the best in the state in terms of befitting facilities has the capacity to accommodate up to five thousand students, but currently houses about three hundred students.
She appreciated the Emir for his continued support to programmes and policies of the government with more emphasis on the education sector.
Speaking on behalf of the Emir and other stakeholders, a retired Director with the Ministry, Muhammad Musa, expressed gratitude to the Commissioner for the honour and promised to assemble critical stakeholders from the emirate so as to arrive at an acceptable decision for the benefit of all and sundry.
News
NDIC Obtains Order To Wind Down 96 Microfinance, Mortgage Banks
Published
4 hours agoon
May 17, 2024By
EditorThe Nigeria Deposit Insurance Corporation has said that it has obtained Winding up Orders for 96 out of 183 microfinance and primary mortgage banks whose licenses were revoked by the Central Bank of Nigeria in May 2023.
The Managing Director, NDIC, Bello Hassa, revealed this at a sensitisation seminar for Judges of the Federal High Court in Lagos on Thursday organised by the NDIC, to enlighten the judiciary on the intricacies of the banking industry.
Hassan said, “As at date, the Corporation had obtained Winding up Orders for 96 out of 183 Micro Finance and Primary Mortgage Banks whose licenses were revoked by the CBN in May 2023, in less than one Year of revocation.”
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He added that the NDIC was committed to fulfilling its mandate of protecting depositors through bank supervision, failure resolution and liquidation so as to boost confidence in the financial system.
Speaking on the role that the judiciary plays in the fulfillment of the mandate, Hassan said, “We recognise the judiciary as one of our critical stakeholders. With this, when cases are brought before them, they can receive accelerated hearing and proclamation of Justice.”
Citing some of the achievements from previous editions of the seminar, Hassan said that instances where liquidation-related litigations experienced delays were reduced.
Speakers of the 36 Houses of Assembly in Nigeria on Thursday expressed support for the National Assembly’s ongoing efforts to alter the 1999 constitution to create state policing in the country.
The Speakers made their resolution known at the end of their meeting in Abuja.
The Senate and House of Representatives are currently working to amend various constitutional provisions, including those regarding state police, financial autonomy for local government, fiscal federalism, and mayoral status for the FCT.
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NDIC Obtains Order To Wind Down 96 Microfinance, Mortgage Banks
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