Business

NDDC, U.S. firm sign MoU on railway to link Niger Delta

The Niger Delta Development Commission (NDDC) has signed a Memorandum of Understanding (MoU) with the United States Consulate and a U.S.-based firm, Atlanta Global Resources Inc. (AGRI), to build a railway network that will connect the nine states of the Niger Delta region.

The signing, which was a part of the one-day Public Private Partnerships Summit organised by the NDDC in Lagos on Tuesday, April 25, will provide locomotives, construct railway lines, and operate same in the oil-producing states of Rivers, Ondo, Edo, Delta, Bayelsa, Akwa Ibom, Cross River, Imo, and Abia states.

The MoU was signed by the NDDC Managing Director/CEO, Dr Samuel Ogbuku, on behalf of the Commission, Chamberlain Eke on behalf of the United States Consulate, and Tony Akpele on behalf of AGRI.

Speaking at the summit, Ogbuku said the NDDC was determined to renavigate the process of its intervention in the Niger Delta so that it can achieve its mandate “of facilitating the rapid, even and sustainable development of the Niger Delta into a region that is economically prosperous, socially stable, ecologically regenerative and politically peaceful.”

READ ALSO: Onochie assumes office, assures NDDC’s impact in Niger Delta

He stated that the MoU represented a big harvest for the NDDC from the PPP summit.

On his part, the former NDDC Managing Director, Timi Alaibe, expressed delight at the PPP initiative taken by the new leadership of the Commission.

“This is the first time in 15 years that I am attending an NDDC function. This is because the new board is charting a new course that is impressive.

“Far back, after the implementation of the Master Plan, we decided on an implementation plan which involved all key stakeholders. We decided that the Master Plan cannot be funded by the government alone. We needed the private sector, that is why I support holding the summit in Lagos, Nigeria’s financial capital. The concept of rewinding and rebirth is sweet to the ears,” he said.

Also speaking at the event, the former governor of Edo State, Adams Oshiomole, commended the NDDC for admitting that it had suffered from goal displacement.

“The NDDC Management and the Board have shown courage by putting the summit together. The NDDC has our prayers and support. What is missing is not the ideas, but the courage,” Oshiomole said.

The former Managing Director of NIMASA, Dr Dakuku Peterside, applauded the NDDC Board and management for striving to leave legacies in the region.

“The founding fathers of the NDDC intended that the NDDC should be a catalyst for development.

“The PPP arrangement is a new way of getting good results. There must be a fusion between the private sector and the public sector. It is important to bring in the resources and expertise of the private sector,” Peterside stated.

The Star

Segun Ojo

Recent Posts

Man kills mother over Osun family farm dispute

The Osun State Police Command has arrested a man, Taye Kasali, over the alleged murder…

7 hours ago

NELFUND breaking poverty barrier in education — Shettima

Vice President Kashim Shettima has said the Nigerian Education Loan Fund, NELFUND, is helping to…

7 hours ago

NCC begins device registration to curb illegal telecom imports

The Nigerian Communications Commission, NCC, has launched a nationwide registration and authentication system for SIM-enabled…

8 hours ago

Gas truck crash forces emergency diversion on Ilorin road

Motorists in Ilorin, Kwara State, have been advised to avoid a section of Ibrahim Taiwo…

8 hours ago

Canada lets eligible work permit holders study without permit

Canada has introduced a temporary policy allowing certain foreign workers already in the country to…

8 hours ago

Four suits challenging Yayi’s 2027 Ogun governorship bid withdrawn

Four legal actions challenging the 2027 governorship ambition of the All Progressives Congress candidate in…

9 hours ago

This website uses cookies.