Fidelity bank banner Bayelsa State banner
Anambra Govt. signs $30 million MOU for construction of 300 housing units

By Pamela Eboh, Awka on 01/07/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,710

The Anambra State Government has signed a Memorandum of Understanding (MOU) with Aldove Limited for the building of 300 housing units in the state worth $30 million.

The housing units are expected to have 100 units of four to five bedroom duplexes and 100 units of three bedroom flats on two floors and another on three floors with the first phase billed for completion within 18 months.

Speaking at the occasion held at the governor’s lodge in Amawbia, Governor Willie Obiano said that the state’s equity contribution put at $9 million into the project while the investor will bring the remaining $21 million.

He described the housing scheme as an enabler in the development wheel of his administration saying that the sector has received quality attention having attracted investments worth close to a billion US dollars in the past two years.

While describing the MOU as consistent with his vision to provide effective housing delivery services to Anambra indigenes across board, Obiano reassured that his government is committed to meeting its side of the bargain.

He urged the investor to immediately hit the ground running so as to ensure that the project is completed within the stipulated time.

On his part, the Chairman of Anambra State Investment Promotion and Protection agency (ANSIPPA) and Traditional Ruler of Umuoji, Igwe Cyril Enweze, explained that the project is in line with the State Government's economic objectives for housing, promotion of urban development, creation of employment opportunities as well as creating activities in the state in order to enhance the state’s capacity to Internally Generated Revenue.

Also, the Chairman and Managing Director of Aldove Limited, Chief Maja Umeh, said the decision to bring the investment to the state was motivated by their resolve to support the developmental agenda of the Obiano administration due to the Governor's efforts to create a sustainable investment in the state.

In a vote of thanks, the Commissioner for Housing and Urban Renewal, Engr. Frank Offor said the MoU is a major milestone towards the realisation of Governor Obiano’s vision to provide affordable housing to all by the Year 2017.

•Photo shows Governor Obiano.


Source News Express

Posted 01/07/2016 04:36:23 AM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
APC hails Nigerian workers, Civil Society for throwing...

2015: Northern group throws weight behind Jonathan

CBN moves to the next level, receives ISO...

Why we won’t allow Naira to float freely:...

I will go on exile if I don’t...

Redeploy CP Mbu to Borno or Yobe —APC...

2015: Panic grips PDP as Obasanjo meets South-West...

BREAKING NEWS: Explosion rocks Ohanaeze President’s home


Dollar crashes again at parallel market

Jonathan signs law banning female circumcision

Amended 2016 Budget unrealistic —Senator Abaribe; tells Buhari...


Latest News TRUE CONFESSION: I receive N5,000 for facilitating each suicide bomb attack — Dwarf Charge Buhari for genocide, Rights activist tells ICC Federal Character: Senate to probe Buhari’s appointments Boko Haram kills six traders in Borno ambush FG plans to frame Atiku for herdsmen attacks, group alleges Doctor slaps nurse over patient care Gunmen assassinate Federal Poly Idah Director of Works Obi marks birthday with students •Warns against lavish celebrations Nigeria to need up to $300m for new national carrier — Document Govt not losing control of security despite challenges – Adesina Jubilation as Gov. Ugwuanyi inaugurates reconstructed historic Enugu Miliken Hill road How we improved tax collection to boost Bayelsa IGR to above N1bn – BIR Chairman


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (362,742 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (358,805 views) Shameless Genevieve Nnaji exposes breasts in public (287,184 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (235,660 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (214,924 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (212,751 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (186,815 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (168,746 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,435 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (153,005 views) Lagos plane crash: Journalist releases victims’ names (147,825 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (139,022 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,357) Business Verdict (45) Columnists (888) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (615) Global Business Monitor (285) International (2,142) Interview (157) Live Commentary (28) Love Matters (127) News (37,270) Opinion (1,024) Pidgin (10) Politics (5,614) Religion (785) Sports (1,612) Stock Watch (33) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




FRANCE vs CROATIA 4-2 Highlights & Goals 2018


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera