IMHA: COMMENDS UZODIMMA FOR ATTRACTING $1.5 BILLION AFREXIM BANK INVESTMENT


Says It’s Going to Help in Infrastructure Development

Anselem Anokwute

Governor Hope Uzodimma has received a spontaneous Commendations from the Leadership and Members of Imo State House of Assembly for attracting $1.5 Billion infrastructure investment from African Export-Import Bank (Afrexim Bank).

In a Motion, Member for Ngor-Okpala State Constituency, Rt.Hon. Prince Obinna Egu, described the latest action of Governor Uzodimma as a move aimed to spurred economic growth, infrastructure development and job creations in the State.

The House Committee Chairman on Science and Technology, Hon. Egbu while describing Governor Uzodimma as a great thinker who thinks outside the box, stated that since Imo State has the highest gas deposit in the country, there would be industrial clusters, with the current initiative, and electricity challenges will be a thing of the past.

In his words, “The Governor’s goal is to accelerate the pace of development in Imo State and create opportunities for Imo people and its residents, hence partnering with Afrexim Bank unveils a unique opportunity to achieve this novel agenda that will unlock the full economic potentials of the State”.

Further, Hon. Egu explained the benefits of the collaborations between the State Governor and Afrexim Bank expressed joy that his Ngor-Okpala Constituency would be one of the beneficiaries, as the Imo Airport (Sam Mbakwe Cargo Airport) would be upgraded and that the Internally Generated Revenue Base of the State would also experience a tremendous increase.

Supporting the Motion which was seconded by the Chief Whip and Member Representing Oru-East State Constituency, Rt Hon Chigozie Nwaneri with other 7 members as co-sponsores was a testament of the governor Senator Hope Uzodimma’s personal interest to ensure the development of the State.

In their separate submissions, they unanimously accepted and agreed that Governor Uzodimma, having put the State on the world map, needed all the legislative backings to succeed, so as to consolidate on the New Imo vision. Also, they agreed that if a part of the investment coming from Afrexim Bank, when channeled into electricity generations, would make the State to be in a position to sell to other States and for export. Insisting that the collaboration with Afrexim Bank was what the State needed at this time, the Honourable Members expressed happiness that the governor has shown seriousness in his commitment to transform the State’s vast arable Land, Gas reserves and many other natural resources into a multiple-revenue streams based and employment opportunities for some of the teeming unemployed population.

According to the release from the Assembly Media Unit stated that the Speaker, Rt. Hon. Chike Olemgbe having been satisfied with the quality of contributions from the Honourable Members at the plenary, put it to vote and it was unanimously endorsed.

The House thereafter, resolved as follows, To conveyed a Commendations Message showing the House unalloyed support to the Governor Of Imo State, Distinguished Senator Hope Uzodimma, CON, For Securing A $1.5 Billion Dollar Investment Into Imo State Through Afrexim Bank, For Rapid Economic Growth And Stability.

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