Skip to content
July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Gov. Uzodinma saves N800m in two months from ISOPADEC
  • National News

Gov. Uzodinma saves N800m in two months from ISOPADEC

Admin March 10, 2020
Hope Uzodinma

The bid to stop the continuous misappropriation and embezzlement of funds in the Imo State Oil Producing Areas Development Commission, ISOPADEC, has seen the Imo State Governor, Hope Uzodinma, saving about of N800 million in the last two months of his assumption of office.

Uzodinma disclosed this at the palace of the traditional ruler of Mmahu community in Ohaji Egbema, while meeting with stakeholders in oil rich Ohaji Egbema Local Government Area of Imo State over the weekend.

A Government House statement on Monday said the Governor lamented the misappropriation of funds by the elites and leaders of the area, which noted was actually meant for the development and growth of the oil communities.

The Governor said his administration will not support any anti-people policy as he will ensure that monies and allocation meant for the people of oil producing communities are judiciously used for the development of the area.

In his words: “My interest is to protect your own interest.

“Only two months I took over as Governor, I have N800 million saved from ISOPADEC.

“But before now, you don’t get the money.

“They bring the money and the leaders share it, leaving the people to die in hunger and poverty.

“But if we save that money, we come here and call a meeting, the communities will choose the project they want, we will award the project and make sure the projects are done.”.

Uzodinma reiterated that his administration will continue to ensure that there is lasting peace in the oil rich Ohaji Egbema Local Government Area of the state.

While promising the people of the community of his willingness to provide adequate security for lives and properties, the Governor appealed to the leaders of Ohaji Egbema to differentiate right from wrong by helping the youths to desist from thuggery and other social vices that cause instability in the area.

Earlier, the Traditional Ruler of Mmahu Community in Ohaji Egbema, His Royal Highness Austin Iwuogu, while commending the Governor for his timely visit to the area, enumerated some of the challenges faced by the people of the community as a result of the activities of oil companies in the area.

Iwuogu appealed for the Governor’s intervention as quickly as possible to ameliorate the sufferings of the people.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Hope Uzodinma ISOPADEC

Post navigation

Previous Court clears Diri as PDP candidate; Timi Alaibe loses
Next Delta Assembly calls for an end to Fulani Herdsmen attack in the State

Related Stories

Oyo mandates birth certificates, NIN for school enrolment — Perm Sec oyo
  • National News

Oyo mandates birth certificates, NIN for school enrolment — Perm Sec

July 19, 2026
Troops foil ISWAP mass abduction bid, rescue 46 students in Borno Troops
  • National News

Troops foil ISWAP mass abduction bid, rescue 46 students in Borno

July 19, 2026
NDLEA arrests 80-year-old grandpa, others in 3 states interdiction operations
  • National News

NDLEA arrests 80-year-old grandpa, others in 3 states interdiction operations

July 19, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Few tankers enter Hormuz to load oil, LNG floating storage rises, data shows
  • Business & Economy

Few tankers enter Hormuz to load oil, LNG floating storage rises, data shows

July 20, 2026
Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN Fuel crisis
  • Business & Economy

Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN

July 19, 2026
Oyo mandates birth certificates, NIN for school enrolment — Perm Sec oyo
  • National News

Oyo mandates birth certificates, NIN for school enrolment — Perm Sec

July 19, 2026
NDLEA intercepts Kano-bound tramadol shipments, arrests 80-year-old grandpa
  • Crime and Justice

NDLEA intercepts Kano-bound tramadol shipments, arrests 80-year-old grandpa

July 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.