Infrastructure: South-East launches fresh action plan

METRO PLUS

Hushpuppi: US court dismisses fraud case against Nigerian, Mr Woodberry

A US court has dismissed a fraud case against a Nigerian accused of cyber-crime, Olalekan Ponle, popularly known as Mr Woodberry.

Four Police officers arrested for fleeing kidnap scene of Maku’s niece

Four police officers who failed to stop the kidnapping of Salisu Usman Maku, nephew of former information minister Labaran Maku have been arrested.

54-year-old pastor defiles girl,10, in Ogun

• Teenager remanded for alleged rape of minor• Man, 28, rapes 14-year-old girlDaud Olatunji, Abiodun...

Generator fumes kill three Delta kids, carpenter falls, dies

Three siblings have died after inhaling generator fumes in Emevor community, in the Isoko North Local Government Area of Delta State.

Police arrest 60-year-old man for defiling 9-year-old girl in Anambra

Police in Anambra State have arrested a 60-year-old man for allegedly defiling a 9-year-old girl in Nkwelle Ezunaka, near Onitsha.

The South-East Economic Summit ended in Enugu with people of the region rolling out fresh development plans.

The annual summit was organized by the South-East Governors’ Forum, in collaboration with the South-East Region Economic Development Corporation, SEREDEC.

The zone resolved to take advantage of the I.2 billion pounds project fund earmarked for Nigeria by the United Kingdom Department for International Trade, as well as other key financing options.

A representative of the UK DIT, Mr. Lami Adekola had at the event announced that the sum was lying fallow waiting to the deployed for critical infrastructures and projects across the country. Adekola said the fund was for development projects across board.

There were presentations and vigorous discussions on the on-going SEREDEC projects in Rail network, Gas pipeline network, Resort Hospital project, and Enyimba Economic City, as well as on the Ease of Doing Business, particularly World Bank Ease of Doing Business (Sub-national) ranking in Nigeria and the South East, new Ideas and Innovative Businesses, Human Capital Development and Youth empowerment, etc.

In a communique issued after the summit, signed by Prof. Barth Nnaji and Prof. Onyi Nwagbara, the chairman and the secretary of SEREDEC, respectively, the summit resolved to conclude feasibility study of gas pipeline and hospital projects within one year.

It was also resolved that “SEREDEC to set up mechanism for actualizing already identified projects.

“South East Governments should continue to work more actively with SEREDEC on regional economic development.

“SEREDEC to work with Afrieximbank, UK Trade Agency to secure financing for identified developmental projects

“SEREDEC to partner with investors to set up innovation center for providing technical innovation for SE entrepreneurs.

“While the focus on core infrastructure is good, SEREDEC needs to also prioritize human capital development including functionality of the education system, SEREDEC working with SE Governors should also emphasize on necessary drivers to aid soft infrastructure that would drive physical infrastructure. Also, there is need to prioritize human capital and skills development.

“South East Governors were commended for showing exemplary commitment and improving the security situation in the South East.

“Efforts to be made to get some SE volunteers and philanthropists to invest in a model school for STEM education.”

On access to financing, the following areas were identified: “Integrated Regional Planning, Deepening Economic Reforms to Reduce Uncertainty and attract more Investors within South East Region, Overcoming Uncertainty to Strengthen the Confidence of Investors, Creating a South East Wealth Fund (SEWF) Establishing or Selecting a Regional Center of Excellence for Science and Technology in the region, Public-Private Partnerships (PPP), Uk Trade Agency, Bank of Industry, NIRSAL and Bank of Agriculture.”

Sign up to FREE email alerts from Tribunepoint Weekly - Daily News

When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time.

- Advertisement -

MOST READ

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

LATEST ARTICLES

2023: Campaign poster Peter Obi for president, Kwankwaso for VP emerges [PHOTO]

Campaign poster of Peter Obi, former Peoples Democratic Party, PDP, vice presidential candidate, has surfaced online.The campaign poster...

NBA crisis: Ganduje warns Nigerian lawyers against ethnic, religious chauvinism

Against the background of the crisis that recently rocked the Nigeria Bar Association NBA, which almost split it into two factions, the...

BREAKING: Kaduna: Kingmakers vote new Emir of Zazzau, submit 3 names to El-Rufai

The election of the new Emir of Zazzau was held Thursday night in Kaduna.The late monarch, Shehu Idris,...

Man sentenced to one year imprisonment for abducting applicant

A Magistrates’ Court in Wuse on Thursday sentenced a 34-year-old welder, Abdulganiyu Abdulazeez, to one year in prison for abducting and defrauding...

Edo election: APC campaign clears air on Ize-Iyamu’s appeal that Obaseki should dump PDP

The Pastor Osagie Ize-Iyamu Campaign Organization has denied that the All Progressives Congress, APC, candidate in the last election appealed to Governor...