Independent
15 August 2011
Delta State is beginning to witness a clement investments climate, many thanks to Abuja amnesty programme, which ended militancy in the oil-rich, but crisis-scarred Niger Delta region. During the era of ethnic conflagration which engulfed Delta State, which pundits described as the years of the locust, many businesses closed shop and relocated to a safe haven in other parts of the region. Now, a new dawn has emerged and credits must be given to Governor Emmanuel Uduaghan, who has worked assiduously to restore peace and security to the once volatile state. Since, he mounted the rein of governance in 2007, the University of Benin-trained medical doctor, has pursued his three-point agenda of human capital, infrastructure developments, and peace and security with verve.
Barring any unforeseen contingency, works on the petrochemical and fertiliser companies, two gigantic projects, valued at well over $16 billions are to start in earnest. All the loose ends have been tight in the deals, it was learnt.
From Saudi Arabia, is coming Xenel group, described as one of the leading petrochemical player in the world and particularly in Saudi Arabia, and the firm is expected to build 1.3 million tones uranium, polytonal, polypropylene plant in the state in concert with Nigerian National Petroleum Corporation (NNPC) and other private investors.
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