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These are some pictures i took during my visit to Imo State

Premier Brewery Onitsha To Start Production In 2015 – Chairman

Agency Report
— Dec 30, 2014 | 0 Comments

The Chairman, Board of Directors, Premier Breweries Plc, Onitsha, Prince Arthur Eze said on Tuesday that the company would commence full stream production of beer in the first quarter of 2015.

Eze said this while addressing shareholders of the company during the 2014 annual general meeting of the company for the year ended March, 2014, held in Enugu.

He noted that with the assurances of the company’s technical partners and the level of re-engineering so far achieved, the company would resume its leading role in the beer production industry in the country.

“New boilers have been installed and tested while the old ones are being repaired to serve as standby facility. A new Ammonia cooling system has been installed along with new compressor.

“A new glycol cooling system has been installed with stainless pipes while the room cooling system that is now in place is changed from ammonia to Freon to minimise hazardous leaks in the factory,’’ he said.

The chairman said that electricity supply had been stabilised with the installation of a 500KVA generator while water supply was already in place from which the company produces the table water that was already in the market.

Eze explained that with about N1 billion share capital, the company settled a monthly electricity bill of N1 million and a salary bill of N3.4 million.

He assured the shareholders of better days ahead and commended them for their patience and understanding during the turbulence the company experienced.

Some of the shareholders commended the board members for their efforts to revamp the company. (NAN)

http://leadership.ng/news/398644/premier-brewery-onitsha-start-production-2015-chairman

Okorocha presents N141.2b budget of total rescue and sustainability to IMHA.
by ADMIN on Jan 7, 2015 • 10:32 AM 4 Comments

Recently, Governor Rochas Okorocha presented his 2015 budget christened “Budget of total Rescue and Sustainability” to the House of assembly.The budget which stood at a total sum of one hundred and forty-one billion, two hundred and nineteen million, one hundred and thirty-three thousand, eight hundred and forty-nine Naira [N141,219,133,849], has 43 per cent allotted to recurrent expenditure while outstanding 57 per cent will be shared to capital projects.
Gov Okorocha explained that the policy thrust of 2015 budget is derived from the rescue mission agenda of the present administration which is anchored on the four year development plan, that derived its bearing from the vision of the administration, namely; belief in God, free education, mass infrastructural development and increased agriculture production to ensure food sufficiency and sustainability.
He further said that in 2015 fiscal year high priority will be accorded to projects that will grow the economy, create employment, increase revenue generation capacity as well as touch on the lives of Imo people.
Owelle Okorocha recalled that about three and half years ago, the present administration, “Imo Must Be Better” to save the state from decay and its ugly situation. He made bold to say that “Imo from all ramifications is indeed become better” especially in the areas of education, roads, health, security, youth empowerment and infrastructural development.
The Governor expressed appreciation to the members of the legislature for the partnership, cooperation, patriotism, sacrifices and love for the state which he said made a giant strides achieved by the Rescue Mission Government possible.
He, however, noted that the challenges that face the state require the support of all Imo citizens irrespective of their political inclinations and therefore called on all to join hands with government to rescue the state from all political quagmires, “We shall all realize that we have no other state that we will call our own, except Imo” he concluded.

- See more at: http://www.imostateblog.com/2015/01/07/okorocha-presents-n141-2b-budget-of-total-rescue-and-sustainability-to-imha/#sthash.qjfpAagP.dpuf

I will post some pictures i got from my recent travel to Imo State

HE DID LITTLE FOR OKIGWE ZONE AND CONCENTRATED MORE ON OWERRI AND ORLU !!! IMO STATE NEEDS AN UNBIASED LEADER !!! ROCHAS MUST GO IN 2015

millionaireman:
Here goes Owelle Rochas Anayo Okorocha asking for Re-election as Imo state governor.
http://supportrochasokorochare-election.com/




Rochas-OkorochaOwelle Rochas Anayo Okorocha is a unique Nigerian, a great Philanthropist of no equal measure, teacher and educationist, an orator, an apostle of peace, a detribalized Nigerian, politician, great business mogul whose name is synonymous with success, father to thousands of poor Nigerian children, symbol of the New Generation, standard bearer of a new Nigeria, Emperor of the Disabled, an accomplished administrator and presently the Governor of Imo State.


As a philanthropist, he is unconditionally committed to alleviating the plight of the less-privileged in the society as a basis for economic emancipation and social justice. His foundation, the Rochas Foundation, provides materials, educational and medical sponsorship for the less privileged. An ardent believer in the ability of man to determine his destiny, Rochas Okorocha believes that with hard work, faith in God, honesty and objective planning, all good things are possible and his life has been a fitting testimony to this belief. As he often says: "I see injustice and I ask, why not justice? I see poverty and I ask, why not affluence? I see the less privileged and I say, why not Rochas Foundation? I see indigent children unable to acquire education and I say, why not Rochas Foundation Colleges?" In pursuit of these visions, he established the Rochas Foundation College system, a FREE comprehensive secondary educational institution that offers free tuition, boarding, feeding, transportation and medical care to over three thousand (3,000) Nigerian children from less-privileged families annually.

Owelle Rochas Okorocha holds a Masters degree in Law. He is versed in local, national, and international policies and global trends in economic development. He has effectively initiated leadership standards at various forms of public endowment and has assisted government agencies and parastatals in initiating ideas, implementing programs, managing public projects and shaping public policies. He has implanted progressive measures and elevated lives by bringing about strategic changes with proven and visible economic or social enhancements.


Rochas Okorocha is a holder of numerous titles from communities and associations within and outside the country in appreciation of his service to humanity. He was conferred with the traditional titles of "Owelle Ndi Igbo" and "Dan Jekan Sokoto" in a unique and unprecedented ceremony by the body of traditional rulers of the Southeast and the North led by the Chairman of the Southeast Forum of Traditional Rulers, Eze (Dr.) Ezo Ukandu, JP and the Late Sultan of Sokoto, His Eminence, Alhaji Muhammadu Maccido (CFR). He is also the Omorodun of Yoruba land; the Okala of Ehie; the Talban Gwagwalada and Uban Talakawa. He believes that no matter the height he has attained in life, his greatest joy is in identifying with his family, his roots, the poor and less privileged in the society.

A devoted Christian and married with six children outside his many adopted children, he enjoys sports, reading, worshipping God and involving in peoples and community events especially when they concern the poor and needy. He is a man reserved by God for the right moment to lead his people to the Promised Land...He has come to rescue Imo people!

EDUCATION:

Master of Law (LLM) University of Jos, Plateau State
Bachelor of Law (LLB) University of Jos, Plateau State
Post Graduate Diploma in Management, Benue State University
Diploma in Law, Security and Conflict Management, University of Jos
Plateau State West African School Certificate ? Juladaco Secondary School, Jos
Plateau State Primary Education - St. Joseph Primary School, Barkin Ladi, Jos

POST EDUCATION ACCOMPLISHMENTS:

Fellow, African Business School (FABS)
Fellow, Federal Polytechnic, Idah
Fellow, Federal Polytechnic, Bauchi
Fellow, Alvan Ikoku Federal College of Education, Owerri
Grand Fellow, Obafemi Awolowo Order of Free Education (OAU), Ile-Ife

BUSINESS/CORPORATE PROFILE SUMMARY:

Proprietor/Owner, Kings Commercial College, Jos, Plateau State: 1984-1987
Founder and President, Rochas Foundation Inc. and Rochas Foundation Colleges (devoted to catering for the needs of the disabled, the poor and less privileged in the society): 1996-Present
Chairman & CEO, Rochas Group of Companies: Real Estate, Construction, Commerce, Hospitality/Hotel Management, Pharmaceuticals, Finance, Aviation, Banking

BUSINESS/CORPORATE PROFILE SUMMARY:

Executive Governor, Imo State of Nigeria (All Peoples Grand Alliance - APGA) 2011 - Date
Founding Member, Peoples Democratic Party (PDP)
Former National Chairman of Youth Mobilization, PDP - bridge between the old and young.
Former Presidential Candidate - 2007 PDP primaries, emerged runner-up to Late President Yar?Adua.
Former Presidential Candidate, All Nigeria Peoples Party (ANPP) - 2003.
Former Governorship Candidate, Imo State Governorship Election ? 1999.
Former Special Adviser to the President on Interparty Relations.
Former Law Maker.
Former Member, Federal Character Commission.
Former Chairman, Nigerian Airspace Management Agency (NAMA).
Former, Pro-chancellor.
Patron, Association of Local Governments of Nigeria (ALGON).

See more at: About Governor Rochas Okorocha - Imo State Government :: Welcome to the Brain Box of the Nation

News


Imo State Projects

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IMO State Nigeria A better future is ahead
Why IMO State Should Re-elect Owelle Rochas Okorocha?





1) As Governor, Owelle Rochas Okorocha transformed the education sector by sacrificing 4 billion of his security vote to fund free education at all levels. Built state of the art schools, to record the highest school enrollment record since the creation of Imo state. Clearly, this is true leadership. A man who educates your children has no intention to use them as house-boys or house-girls in the future, he sincerely desires your children’s freedom and empowerment. This is Owelle Rochas Okorocha...



2) As Governor, Owelle Rochas Okorocha is the first Governor in Nigeria to pay the highest minimum wage of 20,000 Naira, although Imo State is not among the richest states in Nigeria. This singular action further demonstrates the Governor’s uncommon passion in the wellbeing of the people of Imo.



3) As Governor, Owelle Rochas Okorocha paid 12 years of pension arrears owed to pensioners by the previous administrations. It took a leader like Governor Owelle Rochas Okorocha with conscience to reverse this ugly trend. In Owelle’s words “it is a curse in the land to owe these old men and women who have invested their lives to serve the nation to be abandoned in their old age” This is genuine leadership; Governance with human face and the fear of the creator.



These three reasons among others; including the massive road construction and other projects going on across the state; provides a mirror into the heart of this great visionary leader chosen by God at such a historic time as this. Imo must be better. Vote for Owelle Rochas Okorocha to keep Imo state moving forward. Imo state needs leaders with conscience. People like Owelle come’s once in a life time. Imo must be better.

IMO State Before and Now


Commercial


Owelle Rochas Okorocha Achievements

PRODUCTIONS AND STUDIO DOCUMENT DEPARTMENT TWO YEARS IN OFFICE OF RESCUE MISSION ADMINISTRATION SECTORAL CHART OF GIANT STRIDES

Education:

Free education in all levels (primary, secondary and tertiary)
Forfeiture of 4billion security vote for free education
Construction of Owerri City School
Construction of 305 new precast schools in all the 305 INEC wards in he state
Construction and establishment of Imo College of Advanced Professional Studies
Construction and establishment of Young Scientist College
Upgrading of Imo Poly Umuagwo
Increased subvention to Imo Poly
Provision of free school uniforms, desks to Imo school children
increased monthly allocation of IMSU from 57m to 252m
Payment of allowance to primary/secondary school children
Payment of CONTISS and CONUA
Roads

Construction of brand new Akachi road with solar powered street lights linking Wetheral road to Aba road (brand new)
Construction of Sam Mbakwe road linking Orlu road junction to Aba road (brand new and ongoing)
Construction of Royce road by pass linking Royce road to Akanchawa road (brand new)
Construction and Dualisation of Owerri Aba road with state of the art solar powered by street lights
Construction of brand new Orlu road-onitsha road by pass (ongoing)
Construction of Umezuruike Street new owerri link road (ongoing)
Construction and Dualisation of Orlu-Ideato road
Construction and Dualisation of Owerri-Orlu road
Construction of new Owerri link roads
Resurfacing of major inner Owerri city roads
Construction and asphalting of Owerri intra city roads
Construction of over one thousand (1000) kilometres of roads in the state (both rural and urban)
Construction of a minimum of 15 kilometres of roads in eah local government area


Imo State Government House

Public Infrastructures and Building:

Construction of Heroes Square
Construction of Ikemba Ojukwu Conference Centre
Construction of Heroes Villa
Construction of Imo news papers new office complex
Construction of IBC multipurpose hall complex
Construction of Imo Hall of Fame
Construction of unity bridge
Construction of Heroes park
Construction of executive office complex within Ojukwu Square
Construction of Multi Level car park and shopping mall (ongoing)
Construction/Upgrade of Commissioners Quaters
Construction of freedom square/Peoples Embassy
Upgrade of Deputy Governor's Lodge
Renovation of customary court of appeal
Renovation/upgrade of chief judge lodge
Construction of former Governors Guest Houses
Construction of children park
Renovation and upgrade of Dan Anyiam Stadium
Renovation and upgrade of Mbari cultural theatre (ongoing)
Construction of brand new E-library within Mbari Centre
Construction of international conference centre
Construction of Imo White House
Construction of Bongo Square
Renovation and upgrading of Hero's Apartments
Construction of Abuja liaison office complex
Construction of centenary towers ( ongoing)
Construction of Diaspora village (ongoing)
Construction of 5-Star Crystal hotel in Owerri (ongoing)
Construction of Monumental City Gates
Reactivation of Imo Concorde Hotels
Construction of Installation of street lighting facilities in major roads in Owerri
Construction of drains covers and pedestrian walkways along major roads
Renovation of State Secretariat Complex
Construction of ISOPADEC office Complex
Construction of IBC modern studio complex
Completion of Imo Traditional Parliament/Community Government Council (CGC) Headquarters
Completion of former Governors guest houses
Construction of Imo fitness centre and gym
Construction of government house junior staff quarters
Construction of Imo Newspaper Office Complex
Construction of Government Press Office Complex
Health:

Renovation/upgrading of IMSUTH
Construction of 27 new General Hospitals
Establishment of health at your door step
Construction of Imo diagnostics and renal centre
Renovation of Umuguma general hospital
Renovation of Aboh Mbaise general hospital
Renovation of Awo Omama general hospital
Upgrading of the school of nursing and health technology facilities
Security and public safety:

Provision of 100 brand new security vans to all security agencies in the state
Establishment of Imo security network (ISN)
Reduction of kidnappings and abduction in the state
Agricultural sector:

Reactivation of Imo Palm plantation ( former Adaplam)
Launching of plant a palm project
Manpower Development, Job Creation and Workforce welfare:

Clearance of three months' staff salary arrears on inception of the administration
Payment of twenty thousand minimum wage
Clearance of 12years pension arrears
Institution of dress code for Imo public servants
Employment of 3000 new teachers
Prompt payment of salaries to the workers since inception
MAYORAL ZONES:

ORLU:

Markets
Okporo electronics/auto spare parts market
Building materials market Umuowa
Relief market Umuowa
Banana shop Amaifeke
Old Onitsha park shopping mall
Foam market Orlu
Open market Umunna Orlu
Public Infrastructures and Buildings:

Construction and establishment of the first ever Children's park
Renovation, upgrade and conversion of the stadium to Heroes Square
Construction of Orlu city fast foods
Building of Zonal council of Traditional Rulers
Construction of Mayoral affairs office
Orlu International Stadium ( under construction)
Prince Hotel ( under construction)
Skill Acquisition Centre ( under construction)
General Hospital ( under construction)
Construction of modern roundabouts
Model Schools at Orlu, Umuowa, Amaifeke, Ihioma
Construction of administrative blocks for school of health technology
Orlu Roads:

Construction and dualisation of Owus avenue road
Construction and dualisation of Amaifeke road
Construction and dualisation Bank road
Construction and dualisation of Enugu road
Construction and dualisation of Amaigbo road
Construction of Mgbee street
International market ring road to Ideato (dualised)
Y junction to old road (dualised)
Y junction to Banana road (dualised)
Banana junction to Sm Okparaji (dualised)
Orlu ogboko junction (dualised)
Umuezela road
Dualisation of Orlu ideato road
OKIGWE:

Establishment of 5-Star Princess Hotel (under construction)
Construction and dualisation of Owerri road
Construction of Okigwe shopping mall
Construction of Okigwe inner city roads
Rural Development Efforts:

Establishment of new cities aimed at fast tracking rural development at :

Umuaka,
Nwaorieubi,
Akokwa,
Anara,
Ahiara,
Mgbidi.
For more on Rochas Okorocha Achievements click here
To all IMO State Citizens of Nigeria, A Great Future Lies Ahead...

supportrochasokorochare-election.comsupportrochasokorochare-election.com
Do the right thing for your future! VOTE! Re-Elect Owelle Rochas Okorocha

Pre-Vote Now For Owelle Rochas Okorocha 2015 Re-election

http://supportrochasokorochare-election.com/

TA Orji Swears In Anambra Indigene As Chief Judge Of Abia State
Dec 23, 2014

ABIA State Governor Theodore Orji yesterday swore in Justice Theresa Uzoamaka Uzokwe as the substantive Chief Judge of the state after approval by the state house of assembly, the state judicial commission and the National Judicial Commission.

Justice Uzokwe, who is native of Anambra State, started her career in the old Imo State from which Abia state was created and held the office of the State Chief Chief Judge twice in acting capacity.

The Guardian also gathered that she (Justice Uzokwe) is one of, if not the longest serving justice of the state judiciary and said to have acquired 33 years post law graduation experience with nineteen as a judge.

Speaking at her swearing-in ceremony at the executive council chambers of the Government House, Umuahia, Governor Theodore Orji said that the 1999 Constitution of Nigeria vested on the Governor, the state House of Assembly, the Judicial Service Commission and the National Judicial Council (NJC) the power of appointing an acting or substantive Chief Judge and in keeping with section 271(5) of the 1999 Constitution appointed Justice Uzokwe the new chief judge of Abia state.

The Governor expressed confidence that the new Chief Judge would continue to discharge her duties diligently and charged her to unite the judiciary and maintain the synergy between the three arms of government in the state.

Elated by her substantive appointment, Justice Uzokwe expressed gratitude to the governor and the state and pledged to abide by and justify her oath of office.

http://www.ngrguardiannews.com/news/national-news/191451-why-abia-appointed-non-indigene-as-cj-by-orji

asha80:
then you obviously do not know owerri well...i hope you are not confusing old street poles you see to mean that that the street lights are functional...i repeat mbari street lights are not functional and I am in owerri at the moment..chukwuma nwoha is the road that connects egbu road to imsu that is under construction for dualization...i hope they do not do shoddy job there and since rochas has already inspected it in one of the pics you posted here let the excuse you are giving that rochad is not aware of such poor construction not surface.

CAN YOU HELP US WITH PICTURES OF OWERRI SINCE YOU ARE IN OWERRI ? We would love to see pictures of Aladimma estate, ikenegbu ,federal housing and prefab on this thread

Abia Leather Workers Want Industrial Site To Boost Output

Agency Report
— Dec 23, 2014 | 0 Comments

The Leather Product Manufacturers Association of Abia (LEPMAS) on Tuesday called on the state government to provide an industrial site and other facilities needed to boost their productivity.

The President of LEPMAS, Mr Chigozie Uzoma, made the call during an interview with the News Agency of Nigeria (NAN) in Aba, Abia.

He said that the association needed an industrial site with expanded work floor to help them utilise some big machinery which they received from donor agencies and partners.

“We are asking for an industrial site because some of the machinery we were given by Growth and Employment in the States (GEMS) project cannot be put to use in these small shops we are in now.

“So, we need an expanded work floor with all-day-round electricity supply to power such machines.

“With such machines, our leather products will be made according to international standards and our productivity will increase because machines work faster than men,” he said.

Uzoma said that with government’s assistance in these areas, the leather works sector in Abia state would grow and contribute substantially to Nigeria’s foreign exchange earnings.

The president said that LEPMAS should be provided with long term loans to enable them to boost their productivity.

He requested for reduction in interest rate on loans, adding that with the products coming off the production line at a cheaper rate, they would compete favourably with their foreign counterparts.

He said that the sector, which could boast of about 15,600 registered members, would double its job output if given the necessary support. (NAN)

http://leadership.ng/news/397208/abia-leather-workers-want-industrial-site-boost-output

NB plc to commission N18bn Aba plant 1st qtr 2015
December 24, 2014 | Filed under: main story | Author: GODFREY OFURUM
1

… targets production capacity of 2.4 million HL per annum

Nicolaas Vervelde, managing director/chief executive of Nigeria Breweries (NB) plc, the country’s foremost brewing firm, has revealed that its new Aba plant, would be commissioned in the first quarter of 2015, as the expansion project is virtually complete.

Vervelde in his address at the closing ceremony of the 13th edition of the Nigeria Breweries sponsored Aba Sports Club Golf tournament, held Sunday, in the commercial city of Aba, revealed that the new facility, would create more employment opportunities, increase revenue generation to both Local, State and Federal Governments, as well as improve the standard of living of the people of the area.

Represented at the event by Ukeje Udah, brewery manager, NB Plc, Aba, Vervelde explained that the project worth N18 billion, would scale up the production capacity of the brewery to 2.4 million hectoliters (HL) per annum.

Facilities provided at the plant include a new packaging line, brewery house, new water treatment plant and a new building to accommodate senior technical staff of the company.

“I can tell you that all these projects we are talking about worth about N18 billion, is virtually complete and by 2015, our volume will move from 1.3 million HL to 2.4 million HL per annum.

The NB plc boss, expressed gratitude to Governor Theodore Orji, for restoring peace in Aba and its environs, which according to him, has made it possible for the continued existence of the plant in the area.

He observed that the peaceful atmosphere in Abia and especially Aba, would attract more investments to the State.

According to him, the city of Aba, has been adjudged as one of the safest towns in the country, which influenced the decision of management to agree to invest such amount of money in the area.

NB plc started operations in Aba in 1957, but scaled down its operations in the city in 2005, due to what its management described as economic downturn and high cost of production.

However, it re-established interest in the town with the commissioning of an ultra-modern ‘Nano Technology’ plant in October 2008, which was estimated to have gulped over N4 billion, thereby increasing its production capacity from 5000,000 litres to 1.4 million litres of products per annum, a development which stakeholders applauded.

The investment is already paying off as the old staff of the company that were laid off as a result of the closure in 2005, have all been reabsorbed and new job openings created for the unemployed youths in the State.

The Aba plant of the NB plc, contributes 51 percent of products in the South-south area of the country and contributes 21 percent of the total volume of the company’s products in the country.

http://businessdayonline.com/2014/12/nb-plc-to-commission-n18bn-aba-plant-1st-qtr-2015/#.VJ541_8EDw

God bless Imo State. AMEN !!!

God Bless Imo State. AMEN !!! Imo State is Beautiful

ABA THE GREAT INDUSTRIAL CITY

Aba the Great Enyimba City

tabletman1:
You have ran out of defensive and brainless defense words

I always know how to pummel my attackers and I always hit them hard whenever I do

You're worst of what I said you're.
You're a stinking foolish ape.
Next time you will think out of the box before quoting me like a mad man.


I have finished loading my reply before seeing this.
I won't quote the dead soul again, at least for now.

YOU ARE A SON OF A BI.ATCH !!!! I WILL CONTINUE TO PUT ID1OTS LIKE YOU IN CHECK. MAY THUNDER DESTROY YOUR LIFELESS BODY YOU MARGOT. I STAND FIRM ON MY STATEMENTS WITHOUT APOLOGY. YOU ARE THE WORST OF ALL LIFELESS DERANGED APES !!! I AM NOT WHAT YOU SAY I AM YOU M0RONIC SIMPLETON OF NO GENDER. NONSENSE !!!

tabletman1:
Yes bro... You're pan igbo
You don't intend to abuse them but you have already call their village a bush.
We have seen yoruba pan Igbo and we have equally seen some ikwerre pan Igbo only Jah knows the category you belongs to.
You have been beating your hallow chest but refuse to tell me the cave you crawled from.
You're still daft and a brainless twerp until you show me when and how I join you, odemumu and b2mumu to do your normal useless state bragado.

You're still a moronic ijiot if you failed to scroll back and see how it all started.

You are brainless ape, a castrated pig from shameful background. Id1ot !!! I am not what you say i am because my pan Igbo efforts speak for themselves

OkijaAmaka:
My brother these inferior Igbos are the ones always shouting that Anambra are feeling superior but they are just the victims of their own complex.

Because you have a big head doesn't mean those with perfect head sizes are inferior. You are the inferior one.

OdenigboAroli:
Atulu otu,its your insecurity that is giving you inferiority complex because I have never called you inferiors. Again,keep my name out of your mouth.

Ewu congo !!! I am not what you say i am.

tabletman1:
You're daft and senseless.
What's my business with odemumu? The two of you should settle your stupid drift without dragging others into it.
Just re-read your daft comment again so the whole of ibibios are in war with abia or vice versa? How does this daft assumption make sense to you? how will abia and anambra start war? What will cause the war and who will kill who via how? You are just too daft and empty.
I have told you and maybe I won't tell you again, whatever village you come from cannot stand the Aguleri people your making jest of in war or crisis of any sort.
They have fought many wars and are still fighting their war without any external help from any community.
Their town is located in a very strategic area.
A town that borders two states,3 local government and about 9 communities. A town that borders different igala villages.
I am even dead sure Aguleri is far better than whatever place you come from.
A town that is always in war but still commercial bank invest in their land at the detriment of other peaceful towns around the area, a town with many local rice mill despite the fact that they produce the smallest quantity of rice in otucha area. A town with many fish pond,streams and river they acquire via crisis. A town that still preserved their historical background(obugad palace) and the tree of trinity.

Aside from what you got from internet, I don't expect you to know more.
Just feed your useless self with whatever nonsense news you want to feed yourself with.

You are a brainless simpleton of no gender. A nincompoop with a barbarian attitude. You are too daft to understand my comment. My place is far developed than that bush you call Aguleri. I am a Pan Igbo individual that won't seat back and watch shenanigans like you and Odeniro aruala ruin our precious unity. Aguleri is developing and is a great town in their own right. I see an increase in economic activities in that axis. I used them as an example ( without any intention to abuse them) so that m0rons like you and Odeniro Aruala would understand that ANAMBRA IS NOT IN ANYWAY, PLACE OR THING WHATSOEVER SUPERIOR TO OTHER IGBO STATES. This is Ndi Abia thread and they have every right to discuss their development without any noise. I AM NOT WHAT YOU SAY I AM.

Industries are springing up and succeeding all over Ala Igbo. # Ala Igbo on the move

Cutix Plc Nnewi: Revenue growth despite challenges
September 9, 2014 | Filed under: main story | Author: BALA AUGIE

Historical Background

Cutix started production with one extrusion line in 1984 with staff strength of 20, and by 1985 it added a second line. By 1986, Cutix added several wire-processing lines to be at par with leading cable makers in Nigeria and elsewhere in the world. All machines were specified, installed and commissioned by Cutix staff.

The company also incorporated as much locally fabricated parts as it could without lowering overall quality and efficiency. In 1992, the company went ahead to become the first manufacturer to acquire a plastic compounding line. In 1999, the first machine built by staff of Cutix was successfully put to service.

Cutix_plc

Financial results for the year ended July 2014

For the three months ended July 2014, Cutix gross revenue increased by 4.41 percent to N575.02 million from N550.72 million in the same period of the corresponding period (Q1) July 2013.

Profit before tax PBT rose by 27.34 percent to N44.62 million in Q1 2014 compared with N61.41 million as at (Q1) July 2013.

Net margin, a measure of profitability and efficiency dropped to 5.04 percent in 2014 from 7.42 percent as at Q1 2013

Earnings per share EPS fell by 40 percent to 3k as against 5k as the last year.

The company incurred high cost of production as cost of sales margin increased to 72.85 percent in the review period from 1.39 percent last year, while cost of sales jumped by 6.75 percent to N418.93 million.

Gross margin remained flattish at 27 percent in the period under review while gross profits were down slightly by 1.39 percent to N156.08 million in (Q1) July 2014 as against N158.23 million (Q1) 2013.

Distribution and Administrative expenses were up by 9.33 percent to N92.17 million as against N84.30 million last year.

Current ratio, which measures the ability of a firm to meet its short term obligation, was 1.23x which is lower than the 2.1x industry average.

Due to the company’s expansion drive, its loans soared as finance costs surged by 72.13 percent to N25.82 million in Q1 July 2014 compared with N15 million the corresponding period of Q1 July 2013.

Furthermore, total borrowings in the balance sheet spiked by 87.50 percent to N808.14 million as against N431.1 million the preceding year.

Total assets were up by 28.70 percent to N1.79 billion in Q1 July 2014 compared with N1.39 billion the preceding year.

Return on average equity ROE was 27.96 percent, while the return on average assets ROAA stood at 1.23 percent in the review period.

Share performance and outlook

The company’s share price closed at N1.83 on the floor of the Nigeria stock exchange while market capitalization stood at N1.67 billion.

In order to boost operation, the indigenous cable company has installed a 300 million cable plant, the first among cable operators in Nigeria.

Growth in the Nigerian economy which is expected to expand by 6.4 percent in 2014 means that Cutix will continue to have a growing market and business.

The rising need for housing is expected to drive the demand for building materials such as cables, which means Cutix has stellar future prospects.

Influx of Cheap cables undermining growth now

The company’s growth potential is however being undermined now by the importation of cheap and substandard cables from Asian countries such as China into the Nigerian market.

This is in connivance with some corrupt Nigeria custom authorities who allow such goods into the country.

Analysts call on government to strengthen its institution as the flooding this materials slows the sales of cable manufacturing companies.

Limited Power Supply hurts bottom line performance

Cutix had earlier in the year complained about shortage of power supply from the National grid as it used 100 percent generator to power its plants for the purpose of production.

This as shown in the financial analysis section may have resulted in huge overhead costs which bled profits.

It must be noted that if power were available, cost would have been reduced by 40 percent.

The privatization of the power sector by the Nigeria government analysts

http://businessdayonline.com/2014/09/cutix-plc-revenue-growth-despite-challenges/#.VJhni_8EDw

9 marginal fields account for 12. 43 million barrels in 8 months
0
By Editor on Dec 18, 2014 Upstream

The Nigerian National Petroleum Corporation’s (NNPC) monthly petroleum information reveals that the nine marginal fields produced 12. 43 million barrels of crude oil in the first eight months of 2014 which is about 2 percent of Nigeria’s total industry output.

The Petroleum Act defines a Marginal Field as “such fields as the President may from time to time identify as Marginal Fields”. This definition though ambiguous, vests the President with wide powers to designate any area as a Marginal Field. This also seems to imply that Marginal Fields are created from the President’s discretion.

But in reality, marginal fields are fields that have available reserves though the reserves may not be commercially viable for Oil Mining Leases (OMLs) holders. Such fields are located within existing OMLs operated by International Oil Companies and are left dormant for a considerable amount of time.

The first Marginal fields to be mined in Nigeria produced 141,028 million barrels of crude oil in 2005; the operation was carried out by the Niger- Delta Petroleum Resources.

As of today, marginal field oil output has grown by 88 percent. The Nigerian government introduced the Marginal Field program in 2001 with the objective of opening up the upstream sector of the industry to wider indigenous participation, with a view to creating a robust industry that will positively impact the capacity of indigenous exploration and production companies to contribute to Nigeria’s oil production reserves.

Nine of the 24 fields awarded in 2013 are currently producing, with over 40 new wells drilled by the awardees representing a four-fold increase, according to Department of Petroleum Resources (DPR).

The aforementioned companies started 2014 with the production of 1.71 million barrels in the month of January. A fall in production in February was reflected in the companies’ production except Niger Delta Petroleum Resources which increased production from 32,982 barrels in January to 67,895 barrels in February 2014.

In the month of April, marginal field experienced another shortfall in production of about 15 percent between the month of March and April 2014 which followed the same scenario as February. In the month of March, marginal fields produced 1.65 million barrels of crude oil compared to 1.39 million barrels produced in April.

In the month of May, marginal field recorded a remarkable production of 1.75 million barrels. This represents an increase of 26 percent in production when compared with the production of 1.39 recorded in the month of April and the month of May production represents peak production for the period under review.

The remarkable production recorded in the month of May can be attributed to more than 100 percent increase in production recorded by Prime Exploration, Platform Petroleum and increase in production recorded by companies like Midwestern Oil; Waltersmith; Pillar Oil; Energia Limited and Oriental Energy.

After the peak production of 1.75 million recorded in the month of May, production took a U-turn with production figure of 1.48 million barrels and 1.47 million barrels respectively. However, in the month of August, marginal field’s crude oil production experienced a marginal increase of 9 percent.

Looking at the marginal field crude oil production from the angle of companies’ performance, Oriental Energy with the production of 6.99 million barrels during the first eight months of year 2014 emerged the leading company in terms of volume of output. Its production represents 56 percent of the total marginal fields’ production for the period under review.

Next in magnitude to Oriental Energy was Midwestern Oil, the company produced 2.07 million barrels in the first eight months of year 2014 representing 17 percent of the total marginal field’s production.

Waltersmith occupied the third place with production of 863,524 barrels, represents 7 percent of total production while Niger Delta Petroleum Resources came forth with the production of 625,932 barrels during the period under review.

The contribution of indigenous firms to oil and gas production and reserves in Nigeria through marginal fields has grown in recent times. Today, indigenous oil companies are responsible for more than 10 percent of Nigeria’s oil and gas industry crude oil production compared to just share of 4 percent in 2004.

By 2015, marginal fields have the potential of increasing country crude oil production and to raise the contribution of indigenous oil firms to total industry production to more than 15 percent if the challenges confronting their existence can be tackled.

But the indigenous companies have pointed to some challenges they face in operations. They pointed to poor access to funds as a major challenge in the 38th Nigerian Annual International Conference and Exhibition (NAICE 2014), organised by the Society of Petroleum Engineers (SPE), in Lagos. Particularly, they decried the role of Nigerian’s banks in the saga.

The funding challenges were the major factor that led to abandonment of several oil blocks awarded to marginal field operators since 2003. However, few successful indigenous operators in the upstream sector believe that more companies would have sprung up if a proper funding mechanism was in place.

Industry experts urged the Department of Petroleum Resources (DPR) to create an atmosphere that will allow the marginal fields operators to borrow new sophisticated technology to maximise investment and productivity.

Source: BusinessDay

CaptainOjemba:
Together we shall make Igbo land great. Kudos to Rarediamond, if we all can be like you in propagating and pushing for peaceful coexistence among all the groups in Igbo land, the Igbo nation will be the greatest black race on earth. Kudos once again

Thanks bro. We have no ethnic nation to call our own apart from Igbo.

Below are more pictures of Enugu. Deje nu !!!!

B2mario:
is it a new Industrial City and what's the location?

It was started in year 2013 in Osisioma. I read that Abia govt intends to relocate Ariaria market to this place. See below for more information.


Abia Signs PPP Framework for $1Billion Osisioma Industrial Park
Sept 2013

By Chineme Okafor
Based on its decision to relocate industrial workshops and warehouses within the state to a befitting site, the Abia State Government has entered into a Public-Private Partnership (PPP) framework with a firm, Acroideation International Limited, to commence the development of a $1 billion 300-hectare industrial park to be located at Osisioma.

The project, which first phase was expected to be inaugurated in December 2014 with the construction of about 34,346 units of workshops is however projected to consist of a totalled number of 68,692 units of industrial workshops and warehouses sited on 200 hectares, while 1,000 units of residential estate would occupy the remaining 100 hectares when completed.


Tagged the “Abia International Industrial City” (ABIIC), Head, Project Management Team of Acroideation, Seyi Olufade, told journalists yesterday in Abuja, that ABIIC, which was borne out of the need to establish key sectors of the economy of the state, would establish the foundation for the development of competitive domestic products for export, thus, launching the state into the rich field of global economy within time.


Olufade explained that with all its offerings such as expansive shopping malls, warehouses and over 10,000 capacity commercial car park amongst others, ABIIC which he said, was just about a kilometre from the state’s commercial town of Aba will be operated on a Build Operate and Manage (BOM) basis for 35 years from the date of inauguration by Acroideation.


He also said the firm had secured technical partnerships from European and Chinese firms, adding that the United Nations Industrial Organisation (UNIDO), Nigeria’s Bank of Industry (BoI) and Nigerian Investment Promotions Commission (NIPC) amongst others have shown keen interests in the industrial park.


Olufade said: “With the visit of the then Work Bank President, Paul Wolfowitz, in 2005 to view the popular Ariaria market Aba in company of the now Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, it was clear that all the affluence and influence are tucked in Ariaria market and the sway it portends to the Nigerian economy.


Critical elements affecting the growth of the industrial market include lack of product branding, design, packaging, marketing and funding, the ABIIC project is the response to these problems; it is a landmass of 300 hectares in Osisioma, about 1km from Aba town.”


He disclosed further that the industrial complex would rely on the 24 hours electric power supply pledge of the Geometric Aba Independent Power Plant to power its activities with further alternative arrangements, adding that the PPP had been crafted to insulate it from political interference in the case of changes in government.


“We have the strong partnership of the state government, the needed funding and technical expertise have been secured and we are ready to push forward the project with a groundbreaking event slated for September 2013 to herald the commencement of construction,” he stated.

http://www.thisdaylive.com/articles/abia-signs-ppp-framework-for-1bn-osisioma-industrial-park/156836/

Enugu the Coal City State #Ala Igbo on the move

IDAgro Ltd to Establish 600MTPD Nkerefi Tomato Processing Plant and Farms in Enugu

Despite the comparative advantage Nigeria enjoys in terms of tomato production, being ranked No.2 in Africa at 1.71 million metric tonnes valued at N87.0 billion with a cultivated area of 254,430 hectares, local processing of tomato to paste in Nigeria is currently almost non-existent. Unfortunately, Nigeria maintains the status of the world’s largest importer of processed tomato paste still importing tomato paste to the tune of 65,809 tons valued at N11.7 billion ($77.167 million) annually. Nkerefi in Enugu State as a location of this project has been chosen for a number of reasons:

1. Agronomical suitability for the cultivation of tomatoes in Enugu State.
2. The central location of the proposed production site in relation to key markets in Nigeria.
3. Proximity to the agricultural research facilities at the University of Nigeria Nssuka affords the project easy access to some of the best agronomical expertise when required.
4. Enugu State is in the rice producing zone which not only is good for crop rotation with tomatoes, but also affords the project the benefit of trained agro-industrial workforce from the numerous rice milling operations in the area.



The proposed 600MTPD tomato paste processing plant will bring over $16.6million in direct project-related investment inflow into Enugu State. The project is expected to take 10 months from ground breaking to factory completion. The plant will produce 11,000MT of tomato paste annually both for the local market and for export. To achieve this, IDAgro will:

• Build a 600MT tomato processing plant working at capacity for at least 110 days in the year.
• Seasonally develop 330-400HA of tomato farms either directly or under an out-grower scheme for the supply of good quality ripe tomatoes suitable for industrial process having at least a solids content of 4 - 5°Brix.
• The farm will supply about 25-27 tons/hour continuously and regularly to the processing plant during production runs.
• Install a greenhouse to produce 10 million hybrid tomato seedlings per season for transplanting.
• Employ over 300 hands at harvest to ensure continuous supply of tomatoes at 25MT/hr

Land Acquisition
In June 2014 stakeholders and land owners in Umuogodo Village, Nkerefi, Nkanu East Local Government Area of Enugu State formally signed over 1,000 Hectares of farmland to IDAgro Limited for the development of a 600MT per day tomato processing plant and farm. Following the signing of the conveyance document, IDAgro has followed up with an application to the state government for a certificate of occupancy to further secure the acquisition and so far the application has progressed with remarkable speed through the bureaucracy of the Ministry of Lands.

Infrastructure Delivery
With the acquisition of the land, efforts have shifted to pre-implementation activities, and top on the list has been the provision of access roads to the site. To this end over 5km of farm roads was commissioned and built in July 2014. In spite of tough weather conditions and some difficult terrain encountered during the exercise, the road was built within budget and on schedule. The next stage of work would involve the construction of culverts across some seasonal streams on the property to ensure immediate motorable access right to the river that marks the extreme boundary of the property.

Technical Preparations We have continued our conversations with FENCO; our current preferred technical partners while at the same time working on getting competing quotes from both Cavalieri and Shanghai Beyond. On the 31st of July we arranged for a site visit with Paolo De Scisciolo the Commercial Lead for FENCO in Africa.

Next Steps...
August
Soil Tests: Soil composition tests to be conducted and agronomic analysis to determine soil improvement requirements if any for tomato cultivation. Human Resources: Commence search for candidates to fill the roles of farm and factory managers. Also identify agronomic consultants to the project.

October
Test Planting: 5 Hectares of tomato will be planted in October 2014 to test yield per hectare, verify input costs, ascertain best agronomic practices and at harvest do a trial field evacuation test to ascertain manpower required for the planned harvest rate of 50 tons an hour.
Factory Layout: Commence final design review of factory layout and establish bill of quantities for ground works and construction.

http://www.idagroltd.com/project.asp

B2mario:
hahahahaha, nwanne i dey Aba now oo.

Tomorrow I'll post some pix. It's a promise

Don't forget to get us pictures of Aba Industrial City Osisioma

more !

Notice the two love birds having a romantic time together.

Imo State have a good number of nice relaxation spots suitable for families, loved ones and friends. You should consider relaxing in some of this nice places this Christmas season.

Ala Imo State wu Oke Mba !!! # Ala Igbo on the move

More

IMO STATE ECUMENICAL CENTER, OWERRI.

This is an architectural masterpiece