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Home»Current Affairs»Rivers: Nyesom Wike Releases N78bn For Completion Of Projects
Current Affairs

Rivers: Nyesom Wike Releases N78bn For Completion Of Projects

Alexandra UmehBy Alexandra UmehNovember 3, 20223 Mins Read
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ENUGU, Nigeria (VOICE OF NAIJA)- The Rivers State Executive Council has approved the release of N78 billion for the completion of various ongoing projects across sectors in the state. Also, for the flag-off of new ones.

The approval was given on Wednesday at the Executive Council meeting presided over by Governor Nyesom Wike at the Government House in Port Harcourt, the State Capital.

Briefing journalists after the meeting, Commissioner for Finance, Budget and Economic Planning, Dr. Isaac Kamalu, said the approval was made to ensure that ongoing projects are not left uncompleted by the contractors for lack of fund.

According to him: “The Rivers State Government has released the sum of N78 billion for payment of ongoing projects and flag-off of new projects across all the local government areas in the state.

“Again, the government has specifically released the sum of N1.8 billion representing 80 per cent of the capital provisions for the judiciary in the 2022 budget for the services of the Rivers State Judiciary.”

Speaking also, the Commissioner for Health, Prof. Princewill Chike, said the Ministry of Health is not left out among ministries to benefit from the release of the funds.

He said that the Dr. Peter Odili Cancer and Cardiovascular Disease Diagnostics and Treatment Centre, which has been completed has the contractor fully paid.

“You remember in June last year, N26 billion was earmarked for that contract. It’s been completed, well furnished with the most modern medical equipment for the attack of different types of cancers.

“And the other thing that the health sector benefitted is the Rivers State University Teaching Hospital where we have Basic Clinical Faculty and the Clinical Faculty as well as the Renal and Dialysis Centre and the House Officers Quarters, which have also been completed and will be commissioned,” he stated

Chike also noted that there are other ongoing projects being funded by the state government and they include the Kelsey Harrison Hospital, which is at an advance stage as well as the Dental and Maxillofacial Hospital in Port Harcourt, all of which are at advance stages of completion and also furnished.

On his part, the Commissioner for Special Projects, Deinma Iyalla, said the ministry has its memo presented to the council approved and also ratified the sale of the remodelled Riv-Bank Insurance building.

“Currently, the building is known as Senator John Azuta-Mbata House. Access Bank offered to buy the building for N3.8 billion. It cost us N2.8 billion to remodel it.

“The essence of the sale of this building, Access Bank promised that they are going to use it as their regional office, which means they will create employment and impact positively on economic activities within Port Harcourt.”

Iyalla also listed other projects to benefit from the released fund to include the sandfilling and reclamation of 20 hectares of land in Ogu town.

According to him, the fund will also serve for the completion of the University of Port Harcourt Convocation Arena, Ataba Secondary School reconstruction and furnishing, Rivers State University Staff quarters buildings at Ahoada, Etche, Emohua and the main campuses.

Other projects are completion of 13.8 km Rumuodogo 1 and 2 Roads, Woji-Aleto-Alesa-Refinery Road, Hostel A and B and the auditorium at Yanagoa campus of the Nigerian Law School, Justice Mary Odili Judicial Institute, Federal Judicial Service Commission liaison office building, South-South in Port Harcourt.

Nyesom Wike Rivers State Rivers State News
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Alexandra Umeh

Alexandra Umeh is based in the eastern region of Nigeria. She covers politics, news writing, feature stories, among others. She has multitasking skills and can easily adapt to any working condition. She enjoys reading and writing.

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