VP Osinbajo to Share N120 Billion in Imo on Friday, Otamiri River Gets Power Plant


Alt: = "Vice President Yemi Osinbajo coming down from plane"

Nigeria’s Vice President, Professor Yemi Osinbajo, will, on Friday, October 15, 2021, pay a one day visit to Imo State.

One of the major reasons the Vice President is visiting is to share the sum of N120b Empowerment Fund to Traders and Artisans in the State.

This was disclosed by Imo  Governor, Hope Uzodinma while briefing the people on the bounties which have suddenly come the way of the State since the visit of President Muhammadu Buhari.

The President, he said, has approved three big intervention projects for the State, one of which the VP is coming to the State to implement.

He said because of the Balloon Technology Drainage System which the President Commissioned, the President has approved “the installation and conversation of the Otamiri River to a dam that will have a 10 megawatts electricity generation plant.”

Explaining, the Governor said the implication is that “the water going to the Otamiri River, when we do the  second drainage that will take water from Akwakuma through Egbeada to Nworie linking it to Otamiri, it will increase the tide and then we have sufficient water there to generate electricity.

“The Vice President is coming here on the 15th to do a N12b empowerment  to the Private Sector- our traders and artisans-  approved by the President as a result of his visit to Imo State

“The Federal Government embarked on a  special  Agricultural Processing Zone for Livestock. Out of the 36 states, $850m  were divided, seven states were selected, each state going home with over $120m. Of the seven states, Imo State is number two.

“Federal Government borrowed $1.4b  from the World Bank for Urban and Rural water. Six  states have been  approved. One from each Zone. In the South-east, Imo  State has been selected.”

The Governor said these are some of the gains from the President’s visit to Imo State, and is optimistic that: “We are still counting because fortunately, we are in the good books of the Federal Government,”

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