Enugu partners firm to revitalise palm produce company

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Peter Mbah News

Uche Anichukwu,UPPL

Following Governor Peter Mbah’s campaign promise to reactivate dormant state assets as part of efforts to grow the state’s economy

from its current $4.4 billion to $30 billion, the Enugu State government has signed a N100 billion partnership deal from its current $4.4 billion to $30 billion, the Enugu State government has signed a N100 billion partnership deal with Pragmatic Palms Limited, a subsidiary of Diamond Stripes Limited to revitalise the moribund Enugu State United Palm Products Limited .

He said that the state government is not going to be releasing any money to Pragmatic Palms. Instead, the company, a Special Purpose Vehicle for the partnership, will finance the revitalisation of UPPL. from its current $4.4 billion to $30 billion, the Enugu State government has signed a N100 billion partnership deal

Governor of Enugu State, Dr Peter Mbah, yesterday, received in his office Master Israel Echezona, a 17-year-old indigene of the state, who emerged the overall best candidate at the Nigerian College of Aviation Technology A 17-year-old boy, Sunday Adegbulu, who allegedly specialised in vandalising and stealing electric installations, has escaped electrocution in Akure, the Ondo State capital, while attempting to steal an armoured cable from a transformer.

 

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