After months of steady decline, the foreign exchange (forex) reserves gained $23.7 million last week closing at $38.3 billion.
All monies paid to contractors of all abandoned projects by the Niger Delta Development Commission will be recovered, Niger Delta Affairs Minister Godswill Akpabio, has again vowed.
The minister spoke at the weekend at the Palace of the paramount ruler of lbeno Local Government Area, of Akwa lbom State, Owong Effiong Bassey Archianga after the inspection of the Mkpanak -lbeno Skill Acquisition Centre.According to him, the defaulting contractors will either return to sites to complete the jobs or pay back the monies received “and the ones at lbeno communities would not be exempted from this task.
Others are: Ibeno Civic Center, Ibeno Standard Divisional Police Headauarters Orukim/Unyenge/ltioesek Road, mounting of transformers and electrification of lbeno Villages, Inua Eyet lkot /ltak ldim Ukpa/Okposo Road and Ikot Ekong /lbeno Road, channelisation of creeks in lbeno communities.
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