A Memorandum of Understanding between the Rivers State Government and two private companies calls for the construction of 20,000 housing units for low- and middle-class residents as well as the expansion of the state’s central spare part market....CONTINUE READING
Pricewise Home Nigeria Limited, a division of TAF Africa Global, the business that created Riv/TAF Estate, also known as Golf Estate in Port Harcourt, will carry out the housing projects. Gosh Project Limited will create the market for automotive spare parts.
Governor Fubara stated that the event fits into his goal of providing low-income earners with affordable housing after the signing ceremony on Saturday at the Government House in Port Harcourt.
Additionally, the Nigerian Army distributes 10,000 learning resources to lessen poverty in river communities and nbsp.
Governor Fubara stated that his campaign pledge to the Igbo-dominated spare part dealers for their support during the election included the proposed spare parts market.
According to him, the market for used parts will serve as a hub for auto dealerships and repairs.
According to Fubara, the market, which will be situated outside of Port Harcourt, will support the administration’s goal of building new, viable cities by accelerating state development.
Our goal is to expand on what we have inherited, he declared.
He expressed his joy at the realization of the long-awaited investments that will help the state economy grow.
The governor reassured the populace that his administration would continue to prioritize meeting their needs.
He insisted that investors can profit from Rivers State’s abundance of both human and natural resources in peace.
Both businesses were tasked by Governor Fubara with completing the two projects in a week.
Professor Zacchaus Adangor (SAN), the attorney general and commissioner for justice for the Rivers State Government, and the management of the New City Development Agency, formerly known as Greater Port Harcourt Development Authority, signed the MOU on their behalf.