YEMEN FIGHTING PUSHES NEARLY 3,000 TO DJIBOUTI IN LESS THAN A WEEK- UN. (PHOTO).

-
Image
Yemen fighting pushes nearly 3,000 to Djibouti in less than a week: UN    Nearly 3,000 people have fled Yemen for Djibouti in less than a week as escalating violence drives growing displacement within the country and across its borders, the UN refugee agency said Friday. “Refugees continue to arrive by boat through Obock, Khor Angar, Moulhoule and Godoria after difficult journeys in small vessels,” UNHCR representative in Djibouti Sandrine Desamours told reporters in Geneva, Anadolu Agency reported. More than half of those crossing the Bab el-Mandeb Strait are women and children, while some families have been displaced for a second time after previously fleeing Yemen during the 2015 crisis and later returning. UNHCR is preparing for at least 10,000 new arrivals but warned that capacity is rapidly diminishing. Markazi refugee village, designed for 5,000 people, was already hosting more than 2,700 Yemenis and 1,500 Eritreans. More than 100,000 people have also been displaced ins...
Post a Comment

AMCON HANDS OVER MORIBUND STAR PAPER MILL TO ABIA STATE GOVERNMENT. (PHOTO).

-

 


AMCON Hands Over Moribund Star Paper Mill to Abia State Government


The Asset Management Corporation of Nigeria (AMCON) on Friday officially handed over the long-dormant Star Paper Mill Limited in Aba to the Abia State Government, marking a significant step in the state's industrial revival efforts.


The handover ceremony was held at Government House, Umuahia.


Speaking at the event, Abia State Governor Alex Otti described the recovery of the asset as fulfillment of his campaign promise to resuscitate moribund industries in the state, including Star Paper Mill, Aba Textile Mills, Ogwe Golden Chicken, and International Equitable Association, among others.


Governor Otti pledged that his administration would revive the mill, stating that once fully operational, it would create approximately 3,000 jobs and attract substantial private sector investment.


He disclosed that the mill had previously been sold under questionable circumstances, with parts of the agreement breached. Through his intervention and cooperation with AMCON, the state successfully recovered the asset and refunded payments made by the previous buyer.


The governor also revealed that payments for another AMCON-held industrial facility, Afro Beverages Limited in Aba, are ongoing and expected to be completed in the coming weeks, with prospective investors already in place to partner in its management and operations.


Abia State Commissioner for Industry and Small & Medium Enterprises, Michael Akpara, confirmed that the state government fully concluded the acquisition of Star Paper Mills Ltd with a payment of ₦2.5 billion. He added that an initial deposit of ₦500 million has been made to AMCON toward the acquisition of Afro Beverages Limited.


Earlier, AMCON Executive Director Aminu Mukhtar Dan’amu explained that the factory became moribund due to financial distress but commended the reacquisition by the Abia State Government as a milestone in industrial development.

Comments

Post a Comment

Popular posts from this blog

MUSICIAN HARRY-SONG,REVEALS THE FACE OF THE FEMALE FAN WHO IS THREATENING TO KILL HIM.{PHOTOS}.

-
Image
             According to Harrysong who took to his Instagram to share the photo of a lady who has been begging him to sleep with her but after he refused her offer,the lady's fangs and venom came out and she is now threatening his life.He wrote alongside a screen shot of her messages with the caption ''This has been going going on for like a month now...there's a Lady I thought was a fan.She started with all the compliments,appreciating my music and brand..then progressed to saying she's in love with me..then progressed to saying she's in love with me..then progressed to request for sex...and now she's even threatening to kill me if she doesn't ve me on her bed.As you all know am in America currently doing my tour..people around my estate also sent messages to me now,saying there's a lady looking for my house address,desperately saying she will pay anything...that she's in love with me.Her Instagram handle is @missongz wat I don't understan...
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more