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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Elections & Politics

Akwa Ibom Saves Over N200 Billion on Projects Through Transparency, Governor Eno Says

From ThisDay · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

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  • Akwa Ibom State saved over N200 billion on project costs through transparency and prudent financial management, according to Governor Umo Eno.
  • The saved funds have been redirected to critical development priorities, including infrastructure and healthcare.
  • The state also received a $6 million reward from the World Bank and $3 million for women's projects.

Akwa Ibom State has saved more than N200 billion on project costs through strict adherence to due process, transparency, and prudent financial management, Governor Umo Eno announced. The governor revealed that the savings were identified by the state's internal quantity surveying mechanism and have been reallocated to fund crucial development projects.

During a Projects Delivery Meeting in Uyo, Governor Eno emphasized his administration's commitment to transparency and accountability. He stated that the government resources are being deployed for the benefit of the people and invited stakeholders to witness the open project review process firsthand. He cautioned against the spread of misinformation regarding government projects.

Through strict adherence to due process, transparency and prudent financial management, the Akwa Ibom State Government has saved over N200 billion on projects cost.

โ€” Governor Umo EnoGovernor Eno announced the significant savings during the state's Projects Delivery Meeting.

The governor highlighted significant achievements across various sectors. These include the unveiling of the 350-bed Ibom International Hospital, the commencement of flights to Accra, Ghana, by Ibom Air, and ongoing upgrades to aviation infrastructure. Efforts to actualize the Ibom Deep Seaport and rehabilitation of Oron Maritime infrastructure are also underway.

The money has been redirected to critical development priorities, reaffirming his administrationโ€™s commitment to transparency, timely project delivery and sustainable development.

โ€” Governor Umo EnoThe governor explained how the saved funds are being utilized.

In terms of road infrastructure, the administration is executing 1,305 kilometers of roads and 40 bridges. Governor Eno also noted that Akwa Ibom received a six-million-dollar reward from the World Bank-assisted State Action on Business Enabling Reforms (SABER) Programme for its performance in transparency and governance. Additionally, the state secured three million dollars for rural women's projects.

Projects slated for presidential commissioning later in the year include major road projects, the ARISE Palm Resort, Ibom International Hospital, a new terminal building at Victor Attah International Airport, Aviation Village, Command-and-Control Centre, and the Governorโ€™s Office Annex. The governor thanked stakeholders for their contributions.

Our most valuable asset has never been equipment or capital. It has always been knowledge.

โ€” Alfred OkoigunOkoigun stressed the importance of knowledge over resources.
DistantNews Editorial

Originally published by ThisDay in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.