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Wednesday, April 17, 2024

Gov Okorocha Moves For Economic Independence Of Imo



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 …Woos indigenes for Joint business

Imo state Governor, Owelle Rochas Anayo Okorocha, has initiated steps

to revamp and make the economy of the state viable and independent.

Speaking in a business meeting with a cross section of entrepreneurs

and businessmen of Imo origin resident in Lagos at Lagoon Restaurant,

Victoria Island, Gov. Okorocha explained that government Ministries,

Departments and Agencies are currently strengthened to function

independently as part of measures to commercialize government in Imo


The governor affirmed that his administration has embarked on massive

infrastructural development to create the enabling environment that

will attract both foreign and local investment into the state.

“On assumption of office, we met a state that lacks the basic

infrastructure that suppose to drive economic activities.   As I am

speaking, we have commenced total reconstruction of roads in Owerri

capital city, Orlu and Okigwe towns towards making Imo attractive for

investment.  All abandoned projects initiated by late Sam Mbakwe have

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been revived in our move to repackage, rebrand and make Imo the best

state in Nigeria”; Gov Okorocha said.

He further explained that his administration has resolved to partner

with Imo indigenes under public private partnership (PPP) in its drive

to industrialize and create more jobs for the teeming unemployed


“The doors of this administration are open for partnership in all

aspect.  We are ready to give government to support whoever that has

good business concept that will contribute in the rapid development of

the state because we are in a hurry to develop Imo state as well as

make it the economic hub of the south-east and south-south states”,

Gov. Okorocha added.

He enjoined wealthy Imo indigenes and entrepreneurs to consider

establishing their businesses in Imo state as government has provided

the enabling environment that will guarantee safety and profitability.

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Gov. Okorocha announced committees that will facilitate joint

businesses between government and private partners as well actualize

the establishment of International Electronics Electrical Auto-parts

Market (INTEMARK) in Naze, Owerri North.

He also disclosed that government has revoked lands in Onitsha Road

Industrial Layout whose owners have not shown seriousness in

developing them and now willing to reallocate them to whoever that is

ready to establish his/her industry within 3 months.

Earlier, the chairman of the occasion, Chief Damian Odenigbo

reaffirmed that Imo indigenes in electrical and Electrical business

have shown enough willingness to build an International Market in


He also requested government to build a lighter terminal in Oguta to

boost economic activities in Imo state.

The Deputy Governor, Sir Jude Agbaso, Chief Economic Adviser, Hon.

Nick Oparandudu, commissioner for Commerce and Industry, Mrs. Chioma

Ogoke also had the opportunity to explain government programmes and


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