Ebonyi Govt Partners European Bank To Revitalise NIGERCEM, Construct Railway Lines

From OMAKA OKOH (Abakaliki)

Ebonyi State government has said it is partnering with the European Bank for Reconstruction and Development (EBRD) for the revitalisation of NIGERCEM and the construction of a railway line.

The special assistant to the governor on New Media, Mr Leo Oketa, who disclosed in a statement made available to newsmen in Abakaliki, said the MoU was signed by Governor Francis Nwifuru during the Tunisia-Africa Investment and Trade Conference held in Tunis, Tunisia.

According to him, the state governor had met with the delegation of the EBRD on the sidelines before the conference, adding that the European Bank for Reconstruction and Development (EBRD) is a European Group fostering the transition towards open market-oriented economies and promotes private and entrepreneurial initiative.

He noted that Governor Nwifuru equally sought their partnership for the revitalisation of Nkalagu Cement Industry, NIGERCEM and other development projects in the state.

The railway project, he noted, would connect the state with Onitsha, Anambra state and Port Harcourt, Rivers state.

He said the meeting clearly points to the governor’s foresight for the economic development of Ebonyi state.