The RG23 Movement, a Rivers-based advocacy group, has called for thorough investigation into the sale of government-owned properties in the state. The group’s Convener, Mr Pureh Kalango, told journalists during a news conference in Port Harcourt on Friday that the group was concerned about the transparency surrounding the sale of the properties.
“We advocate that this inquiry be overseen by non-partisan and highly respected Nigerians to ensure a fair hearing. “The investigation must shed light on the substantial increase of the state IGR, particularly considering the apparent lack of significant influx of new companies during this current administration.
Kalango questioned the rational behind transferring the facility to a private company that would retain 97 per cent of the proceeds while the Rivers Government would only receive three per cent. Vice President Kashim Shettima disclosed on Friday that funding the nation's energy transition requires investments of over $10 billion per year up to 2060. He also revealed that the nation currently has the highest rate of deforestation in the world, as people primarily depend on biomass for energy generation. According to him, desert encroachment is…
Source: News Formal (newsformal.com)
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