Imo State Government in fulfillment of an agreed memorandum,through the Imo State Oil Producing Areas Development Commission (ISOPADEC), has released the counterpart fund of N114million for the Projects by WATERSMITH PETROMAN LTD in some Oil Producing Communities of the State.
Stakeholders from the host Communities held series of meetings in view of the agreement where it was resolved that the Money should be channelled to Projects that will help in alleviating the sufferings of the People since some other Oil Companies Operating in the areas have taken over the Electrification of the Communities.
Some of the identified projects includes the provision of adequate security of lives and properties in the area and to this, security check posts, operational vehicles and other necessities to facilitate an improved security network in these areas.
HRH Eze Emmanuel Assor, the Eze of Assa Autonomous Community who handed the Patrol Vehicles over to the Imo State Police Commissioner through the DPO Ohaji, thanked the Executive Governor of Imo State, Senator Hope Uzodinma, for releasing the Money and assured the Governor of the total support of Ohaji People.
Imoflash earlier reported that the Managing Director / CEO, Chief Charles Orie had last week reiterated that ISOPADEC will no longer be a cash cow for few individuals as the Commission is poised to put in place legacy projects for the good of all.
It is Worthy to note that all the Contractors executing all the Projects which the WaterSmith Money are being used for, are indigenous Contractors from the Communities where the Projects are sited and were all nominated by the Community Stakeholders
