NDDC To Launch 92 Infrastructure Projects Worth N84bn In Five States

Date:

May 20, 2024.

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Azonuchechi Chukwu.

The Niger Delta Development Commission (NDDC) says it will inaugurate 92 infrastructure projects valued at over N84 billion across five states in the next two weeks.

This is contained in a statement made by the Director of Corporate Affairs, NDDC, Mr. Pius Ughakpoteni, in Akwa Ibom State on Sunday.

According to him, with an innovative and result-oriented roadmap, the commission is well-equipped to ensure holistic and sustainable development of the Niger Delta into a region that is economically prosperous.

Ughakpoteni noted that the commission will launch a 132KV transmission line and 132KV/33KV sub-station electrification project, costing N8.3 billion and aimed at optimizing power supply to local government areas in the southern part of Ondo State.

“With an innovative and result-oriented roadmap, the commission is well-equipped towards ensuring a holistic and sustainable development of the Niger Delta into a region that is economically prosperous, socially stable, ecologically regenerative and politically peaceful.

“And in the light of the above, NDDC, will in the next two weeks, commission 92 infrastructure projects executed at a cost of N84 billion across the nine mandate states in the region,” Ughakpoteni said.

Furthermore, the spokesperson said the project involves the construction of 45km double circuit 33KV feeder lines from Omotosho Power Station (hook-up point) to Okitipupa, along with two 30MVA, 132/33KV injection substations complete with breakers, gantry, and substation automation.

He added that it also encompasses the construction of a three-bedroom semi-detached bungalow to serve as service quarters.

“The electricity project will complement the Federal Government’s effort in the power sector development by improving power supply to Okitipupa, Igbokoda and other neighbouring communities in Ondo State, with direct value chain in small and medium scale industries, job creation and consequently engender growth and development in Ondo State,” he added.(www.naija247news.com).

Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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