IMO ONBOARD

IMO GOVT APPROVES THE INVESTMENT OF $200M FOR THE ESTABLISHMENT OF ORASHI ELECTRICITY COMPANY  The Imo State Government, under the leadership of His Excellency, Distinguished Senator Hope Uzodimma, has approved a $200 million investment for the establishment of the Orashi Electricity Company.  The Governor announced this during the inauguration of members of the Electricity Regulatory Commission and the House of Assembly Service Commission, stated that the investment, secured through private partners, will be entirely funded by these partners, with no financial contribution or borrowing required from the state.  Expressing his confidence in the power project, the Governor said that Imo State will soon experience 24-hour steady power supply in all the Local Government Areas, with the Orashi Electricity Company Limited fully activated to light up Imo come January 2025.  He emphasized that the key to the economic boast of a state starts from a steady power s...

Today marks a transformative milestone as we joined forces with the President of Afrexim Bank, Dr. Benedict Okey Oramah, ably represented by Mrs. Kanayo Awani, the bank's Executive Vice Chairman for Intra-African Trade and Export Development for the ground-breaking ceremony of the bank's Quality Assurance Center in Umuowa, Ngor Okpala LGA.  I extended my deepest commendation to the management of Afrexim Bank for their visionary partnership with our State. This collaboration is especially timely as the Cargo wing of Sam Mbakwe International Cargo Airport gets set for full operation, having been equipped with night landing facilities to facilitate 24/7 import and export activities. The establishment of the Quality Assurance Center will significantly boost our local economy, creating job opportunities, and enhancing our export capabilities. It stands as a testament to our commitment to economic development and infrastructure growth, and I urge our citizens to embrace t...