DELTA STATE EXCO MEETING....
....PLANS ARE ON TO GROW THE ECONOMY OF THE STATE.

Asaba -

The Delta State Executive Council, on Tuesday took some far reaching decisions aimed at stimulating the economy of the state for sustainable growth and development.

Briefing journalists on the some of the  decisions reached at the end of the virtual Exco meeting , at the Government House Asaba, the state Commissioner for Information, Mr. Charles Aniagwu said that the state Government was taking steps to ensure that the Agro Industrial Park at Aboh-Ogwashi in Aniocha South Local Government Area of the state come on stream.

Mr Aniagwu disclosed that the state Government was going to leverage on the Central Bank of Nigeria (CBN) Commercial Agricultural loan to enable it  bring the desired Agricultural value chain in the state.

The Information Commissioner disclosed that  the state government is to access the sum of eight billion naira from the CBN Commercial Agricultural loan for the purpose of giving strength to the Agro Industrial Park, noting that a committee  has been set up, to work out how the state government could maximise the window of opportunity.

Mr Aniagwu noted  that when the  industrial park comes on stream, it would significantly boost the economy of the state by creating jobs for the teeming youths in the state.

According to him, Exco, also, examined the AT&P in Sapele which used to be the pride of the defunct Mid-West, Bendel State and Delta ,adding  that  the state Government was considering  auctioning the machineries in the moribund company with a view to converting the  land asset of the company into profitable use.

Mr Aniagwu further disclosed that  Exco gave approval for the state Government to put in some equities funds for the purpose of starting off a tower production company in conjunction with reputable private sector participants at  Issele-Uku in Aniocha North local Government Area.

The Commissioner said that Exco, also, gave approval for the state government to invest in modular refinery that would be championed by private sector participants at Okpai in Ndokwa East.