{"id":5144,"date":"2017-07-03T03:55:59","date_gmt":"2017-07-03T03:55:59","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/delta-picks-chinese-firm-for-n13-6b-secretariat-project\/"},"modified":"2017-07-03T03:55:59","modified_gmt":"2017-07-03T03:55:59","slug":"delta-picks-chinese-firm-for-n13-6b-secretariat-project","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/delta-picks-chinese-firm-for-n13-6b-secretariat-project\/","title":{"rendered":"Delta picks Chinese firm for N13.6b secretariat project"},"content":{"rendered":"<p>\n<\/p>\n<div id=\"\">\n<div id=\"attachment_271849\" class=\"wp-caption alignnone\" readability=\"32\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/01\/51cc4a357e424e9395ada6e239cf3922.jpg?resize=1200%2C674&#038;ssl=1\" data-lazy-src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/plugins\/ventra-lazy-load\/images\/1x1.trans.gif?ssl=1\" data-lazy-srcset=\"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/01\/51cc4a357e424e9395ada6e239cf3922.jpg 1200w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-640x359.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-1062x596.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-281x158.jpg 281w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-562x316.jpg 562w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-487x274.jpg 487w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-974x547.jpg 974w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-600x337.jpg 600w\" class=\"size-full wp-image-271849 lazyload\" alt=\"\" width=\"1200\" height=\"674\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"\/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-271849 lazyload\" src=\"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/01\/51cc4a357e424e9395ada6e239cf3922.jpg?resize=1200%2C674&#038;ssl=1\" alt=\"\" width=\"1200\" height=\"674\" srcset=\"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/01\/51cc4a357e424e9395ada6e239cf3922.jpg 1200w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-640x359.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-1062x596.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-281x158.jpg 281w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-562x316.jpg 562w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-487x274.jpg 487w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-974x547.jpg 974w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Delta-State-House-of-Assembly-600x337.jpg 600w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"\/><\/noscript><\/p>\n<p class=\"wp-caption-text\">Delta State House of Assembly<\/p>\n<\/div>\n<p>Efforts to provide purpose built office spaces for Delta civil servants have been backed by the State\u2019s House of Assembly, which approved the sum of N13.6billion for execution of a secretariat project.<\/p>\n<p>Governor Dr. Ifeanyi Okowa wrote to the Assembly seeking the approval to build a befitting secretariat in the state central district. The government had awarded the contract to Messrs North China Construction Group Limited on a contractor finance basis.<\/p>\n<p>In the letter read by the speaker, Mr. Sherif Oborewori, Dr. Okowa sought the Assembly\u2019s approval for N13.6 billion as running cost for the project. The authorization included the considered approved decision by the Exco directing that the project be financed by way of borrowing the sum of N8 billion, money equivalent to $18.5million.<\/p>\n<p>The governor said that the action was predicted on the fact that, since the creation of Delta State in 1991, most government Ministries, Departments and Agencies (MDAs), have been operating from government buildings scattered across the state.<\/p>\n<p>He said that most of the buildings were designed and constructed for residential purposes and not for office purposes, hence are improper for office use and that the situation denies the state the advantage of proximity of government offices to one another.<\/p>\n<p>According to him, the government is expected to guarantee the <a class=\"wpil_keyword_link\" href=\"https:\/\/amazingproperty.com.ng\/blog\/get-real-estate-loan-for-real-estate-investors\"   title=\"loan\" data-wpil-keyword-link=\"linked\">loan<\/a> of N8 billion to be obtained by North China Construction Group Limited (NCCG) from the United Bank of Africa (UBA) and to issue irrevocable Standing Payment Orders (ISPOs).<\/p>\n<p>The Majority Leader of the House, Tim Owhefere, argued that the move was important in view of the fact that government spends over N7 billion yearly on office <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">rentals<\/a>.<\/p>\n<p>He said that, on completion of the project, rent would be converted to more profitable ventures. \u201cLet\u2019s look at how much the state stands to gain. I think it is a worthwhile decision, compared to the loss recorded yearly, most especially as it is financed by the contractors\u201d, he added.<\/p>\n<p>Hon. Samuel Mariere, Hon. Emeke Elekeokwuri and Hon. Rueben Izeze who spoke, described the project as laudable, adding that the move will also give way for the Chinese to help develop the state like they are doing in Lagos and Akwa-Ibom States.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a hre=\"http:\/\/guardian.ng\/property\/delta-picks-chinese-firm-for-n13-6b-secretariat-project\/\"> Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delta State House of Assembly Efforts to provide purpose built office spaces for Delta civil servants have been backed by the State\u2019s House of Assembly, which approved the sum of N13.6billion for execution of a secretariat project. Governor Dr. Ifeanyi Okowa wrote to the Assembly seeking the approval to build a befitting secretariat in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5145,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[519,4751,684,41,678,15282],"class_list":["post-5144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-africa","tag-amazing","tag-lagos","tag-property","tag-rental","tag-ross"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":7865,"url":"https:\/\/amazingproperty.com.ng\/blog\/firm-predicts-massive-scramble-for-african-real-estate-in-2018\/","url_meta":{"origin":5144,"position":0},"title":"Firm predicts massive scramble for African real estate in 2018","author":"Amazing Property","date":"January 22, 2018","format":false,"excerpt":"PHOTO: LAGOS HOMS Demand for investment in African real estate is expected to reach a fever pitch in 2018, and beyond, as the continent\u2019s markets turn to growth after years of trying trading conditions. 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