Economy

Delta Govt. Extends Registration of Cooperative Societies

The Delta State Government says it has extended the deadline for registration of cooperative societies in the state to enable those affected by the current lockdown measures in the fight against Coronavirus to participate in the process.

The State Commissioner for Trade and Investment Mr. Chika Ossai announced the extension in a press briefing in Asaba as part of activities to mark the one year anniversary of the second tenure of Governor Ifeanyi Okowa.

Mr. Ossai noted the recertification policy was intended to derive a comprehensive data of cooperative societies in the state to guide government intervention policies.

The Trade and Investment Commissioner also mentioned that the ministry was partnering with the Central Bank of Nigeria, CBN and the World Bank to assist Micro Small and Medium Scale Enterprises in the state to strengthen the sector in line with the economy diversification drive of the state government.

On the agenda to modernize markets in the state Mr. Chika Ossai observed four market projects embarked upon by the ministry have been completed and ready for commissioning, while other multi-million naira market projects including the one at Burutu, Isiokolo, and the Udu harbor market would be ready for commissioning by July 2021.

Mr. Ossai however pointed that the lockdown measures put in place to address the coronavirus pandemic has affected the execution of other mega projects such as the one thousand hectare Kwale Industrial Park due to travel restrictions which has affected local and foreign investors participation.

Oghenero Eghweree

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