Business Hilights

Tracking Nigeria's Headline Business News Online

Gov Okorocha

Okorocha regrets abandoned 31 World Bank projects in Imo State

Ad 2
Ad 3

Governor of Imo State, Owelle Rochas Okorocha has expressed worry on the spate of projects abandonment by the World Bank in the state.

Explaining the developments during a working visit to the state by officials of the World Bank, the governor represented by his deputy, Mr. Eze Madumere, regretted that out of 35 projects marked by the bank, only four were being carried out in the state, calling for more.

Madumere, assured that the state would access the funds meant for the bank in the state, noting that Governor Rochas Okorocha , had done things humanly possible to make the state tourist attraction centres, urging them to use their period of the stay to visit some of the centres.

In his response, the project coordinator, public sector corporate reform and development project for the state, Richard Obi Chioma, said they were in the state for projects assessment mission on projects in order to chat a new course for the state.

Making his remarks, the Commissioner for Finance, Obinna Mbata, noted that the visit was a welcome development which would make his ministry work in tandem with the World Bank, ensuring that the right things were done.

However, team leader of the World Bank, Ikechukwu Nweje, said the visit was on implementation support business for the bank. He commended the state government for complying with the terms on the implementation of the projects, to ensure that the 22 per cent meant for the state was achieved.


Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.