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100 days in office: Oborevwori completing ongoing projects with vigour – Aniagwu

Published

1 year ago

September 5, 2023

ÀJÀGBÉ ADEYEMI TESLIM

SPONSORED BY : H&H

Delta State Commissioner for Works (Rural and Riverine Roads), Mr Charles Aniagwu says Governor Sheriff Oborevwori was working assiduously to complete ongoing projects as his administration clocks 100 days in office.

Speaking on “Democracy Today” on AIT, Monday night, Aniagwu said Deltans were happy with the seamless transition recorded from the previous to the present administration.

He said that Governor Sheriff Oborevwori was working hard to deliver all ongoing projects to meet the yearnings and aspirations of Deltans.

“For us in Delta we are very lucky and happy to have a seamless transition from the last administration where a number of projects were undertaken.

“Governor Oborevwori was very much a part of the previous administration having held sway as the leader of the state’s legislature as Speaker for a period of 6 years where he was able to pass a number of critical laws that supported the many milestones recorded in the Okowa administration.

“Having seen what was done in the last administration, he came up with the M.O.R.E Agenda which means meaningful development; Opportunities for all; Realistic reforms and Enhanced peace and security.

“Flowing from the platform of the more, he has ensured that whatever was done by the previous administration he improved on it and added more.

“He has ensured that outstanding promotion arrears was cleared, earmarked a reasonable amount to meet the people halfway by way of palliatives”.

Aniagwu said some projects have been completed and ready for inauguration ahead of the Governor’s 100 days in office.

“As his administration clocks 100 days in office, Gov. Oborevwori has ensured the completion of numerous projects at Dennis Osadebay University, Asaba; University of Delta Agbor and Delta State University of Science and Technology, Ozoro.

“Other projects slated for inauguration include the High Court Complex Asaba and numerous roads across the state. Warri is being cleaned up and more projects have been approved for construction in the area”.

The Works Commissioner opined that Delta was peaceful because Governor Oborevwori had continued in the trajectory of equity and fairness in distribution of projects and appointments.

“Today, Oborevwori in his appointments is ensuring that no ethnic group, no Senatorial District, no class of individuals is left behind.
Okowa tried as much to bring the youths on board but Sheriff Oborevwori is taking it a notch higher.

“In our State Exco we now talk about youth o’clock, we have preponderance of youths in our exco because Oborevwori believed that doing so will indeed bring the youths on board as not leaders of tomorrow but leaders of today.

“So we have a number of persons appointed by Gov. Sheriff Oborevwori into critical positions who are far less than 40 years of age”.

On the poor state of Federal Roads in the state, Aniagwu welcomed the pronouncement from the Minister of Works that states can now intervene on Federal Roads but cautioned that it would have been better if the FG lived up to their obligations.

“For a very long time, Delta State Government has tried as much as possible to intervene on Federal roads in the state. It is a good news coming from the Minister of Works that states can now come in to collaborate with the Federal Government in that regard.

“We had a lot of challenge in the past administration when the Federal Government refused states from coming in even when the Federal Government was not in the position to ensure that those roads are put in motorable state.

“In Delta we are doing what we could to carry out remedial works on the roads but some of them have collapsed because they have been constructed for more than twenty years and they may have gone beyond their lifespan and needs to be totally reconstructed.

“The Agbor Eku Road is one Federal road we have intervened severally but at this point it needed total reconstruction and Gov. Oborevwori has directed that we take stock of all those failed federal roads that are impassable to ensure that no community is cut off on account of these disturbing Federal roads”.

On flooding, Aniagwu said Governor Oborevwori had directed the setting up of Flood Management Committee to mitigate the effect of the impending flood on the citizens.

He said state government had taken steps to construct storm drainages and clearing of waterways to ensure free flow of water.

On palliatives distribution, Aniagwu said that the Secretary to the State Government, Dr Kingsley Emu was heading the committee responsible for the distribution.

He said the State Government had approved the sum of N10billion for palliatives and social investments, pointing out that those saddled with the responsibility of implementation are not politically inclined to ensure that it gets to the right benefits.

News

The Pointer Award: Aniagwu hails Delta journalists

Published

24 hours ago

October 29, 2024

august24admin

The Pointer Award: Aniagwu hails Delta journalists

DAN DENT (ASABA)

Delta State Commissioner for Works (Rural and Riverine Roads) Mr Charles Aniagwu has sent a message of appreciation to journalists in the state and country for their support since coming into governance in 2015.

Aniagwu who was bestowed with The Pointer Newspaper Public Service Excellence Award at the 30th Anniversary of the newspaper held yesterday at Grand Hotel and Resorts, Asaba, dedicated the award to journalists in the state and country.

Aniagwu a former Commissioner for Information in the state, appreciated immediate past Governor of the State, Senator Dr Ifeanyi Okowa and his successor Rt. Hon. Sheriff Oborevwori for finding him worthy to serve amidst other qualified Deltans.

Speaking on the sidelines of the event, Aniagwu said, “Let me appreciate my bosses starting with Senator Dr Ifeanyi Okowa who gave me the privilege to serve as his Commissioner for Information and of course the privilege I also have at the moment under the distinguished leadership of Rt. Hon. Sheriff Oborevwori.

“For me to have that say in this state, I deeply appreciate these leaders because it is possible that if these positions that I had the privilege to hold is also extended to any other Deltan they could possibly perform even better than I did.

“But to be distinguished and recognised, I give God the glory and for me it is a reminder of the need to try as much as possible when you are given a responsibility to discharge it with the best of your ability.

“When such recognition is coming from my colleagues, you know the journalism profession is one critical profession that tries to examine what people do.

“So when you have your colleagues who are in the same profession agreeing that you have done well, all you need do is to give glory to God and also appreciate them for the support they extended to you.

“In my sojourn as Chief Press Secretary and the Ministry of Information I really enjoyed the support of my colleagues both those in the media and those managing the media houses, my colleagues in Government and the state.

“I give God all the glory for the kind of support I have continued to enjoy since coming into this state for the purpose of working for the state government in 2015. I feel quite excited about this recognition and I do not take it for granted.”

Speaking on the journey so far for The Pointer Newspaper, Aniagwu commended the paper for weathering the storm over the years.

“I have had the privilege of presiding over the affairs of the paper and I can tell you that there a whole lot of misunderstanding around the operations of the newspaper.

“So much needs to be done especially as they are still printing through a third party process, it will be better if we can provide them with a good printing press, so that they begin to print for themselves.

“The moment they can print the paper by themselves, it will make it easier to increase the print run, it becomes easier to be in control of their speed as well.

“Once that is done and a proper distribution facility is provided, the paper can then have their independence to go and generate their own money and ensure they remit something to the state government.

“But I can tell you that the way they are now if thatASABA assistance is not given, they may still continue to struggle to be able to meet up.

“Looking at the conditions they operate, you will appreciate the women and men who work in that establishment that they are actually putting in a lot to be able to produce on daily basis.”

News

Transcorp Plc Completes Share Capital Reconstruction to Enhance Shareholder Value

Published

2 days ago

October 28, 2024

august24admin

AJAGBE ADEYEMI TESLIM

News

Transcorp Group Announces Further Impressive Financial ResultsQ3 2024 Figures Reveal 133% Revenue Growth and 303% Surge in Profits

Published

2 days ago

October 28, 2024

august24admin

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, has reported its financial results for the third quarter ending September 30, 2024, showcasing remarkable year-on-year growth.

The Group’s Q3 2024 unaudited results demonstrate strength across key financial performance measures, highlighting the success of its growth-driven strategy.

In Q3 2024, Transcorp Group achieved revenue of N298 billion, a 133% increase from N128 billion recorded in the same period of 2023. Profit before tax (PBT) increased by a remarkable 303%, to N105.5 billion, compared to N26.2 billion recorded in Q3 2023, further solidifying the Group’s position in Nigeria’s business landscape.

Key Financial Highlights:

Revenue Growth: 133% increase, rising to N298 billion from N128 billion in Q3 2023.

Profit Before Tax: Surged by 303% to N105.5 billion in Q3 2024, from N26.2 billion in the same period last year.

Total Assets: Grew by 29%, increasing from N530 billion in December 2023 to N684 billion in Q3 2024.

Shareholders’ Funds: Increased by 34%, from N187 billion in December 2023 to N251 billion in Q3 2024, driven by profit accreting to retained earnings.

Operating Expenses: Increased by 38% to N32 billion in Q3 2024, compared to N23 billion in the previous year, reflecting the impact of inflation on the cost of operations.

Net Finance Cost: Increased by 12% to N12 billion in Q3 2024, from N10 billion in Q3 2023, due to rising interest rates.
Owen Omogiafo, OON, President/Group Chief Executive Officer, Transcorp Group, attributed the Group’s exceptional performance to its focus on innovation, operational excellence, and ability to navigate a complex market environment.

She said: “We are proud of our consistent year-on-year growth. This remarkable financial performance is a reflection, once again, of our vision and spirit of execution. As we approach year end, we will focus on enhancing operational efficiency, investing in high-growth sectors, and delivering long-term value to our shareholders. We are investing for the future, particularly in the energy and hospitality sectors, delivering for our shareholders and our nation.”

About Transnational Corporation Plc

Transnational Corporation Plc (“Transcorp”) is one of Africa’s leading, listed conglomerates, with strategic investments in the power, hospitality, and energy sectors, driven by its mission to improve lives and transform Africa.

Transcorp’s power businesses – Transcorp Power Plc and Transafam Power Limited – provide over 20% of Nigeria’s installed power capacity. Transcorp is committed to developing Nigeria’s domestic energy value chain, through its investments in OPL28 and its renewable energy drive through Transcorp Energy Limited. The Group’s hospitality business, Transcorp Hotels Plc, owns the iconic Transcorp Hilton Abuja, Nigeria’s flagship hospitality destination.

www.transcorpgroup.com