HomePoliticsAnambra's Wealth: 98% Controlled By Private Owners – Soludo

Anambra’s Wealth: 98% Controlled By Private Owners – Soludo

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Governor Soludo of Anambra State has underscored the importance of communal participation, stating that the path to the state’s enhancement lies in a harmonious partnership between the people and the government.

Shedding light on the state’s economic landscape, he divulged that a significant 98% of its resources are privately owned, with only 2% falling under the governance of the state.

Soludo addressed the audience at the formal inauguration of a 500-meter road in Umueri, situated in the Anambra East Local Government Area.

Chief Josephat Onwualor’s initiative in building the road highlights the tangible outcomes achievable through effective private-public cooperation for community development.

The governor praised Chief Onwualor’s initiative, declaring him “a champion worthy of celebration.”

He emphasized that community-driven approach is crucial for Anambra’s progress, stating, “Fixing the state requires the people and communities, in consonance with the government.”

Acknowledging limitations of state resources, Soludo regretted that even the entire 2024 budget will not be enough to fix all the roads within a single local government.

Read also: APGA Clears Soludo Of Killings In Anambra, Slam Opposition

“98% of the state’s resources are in private hands, while the government controls only 2%,” he noted.

The governor described PPCP as a major key to unlocking Anambra’s development potential, urging all well-meaning citizens to join the initiative, by contributing their resources and expertise towards building a better future for the state.

He expressed optimism that the coming year will witness “changing of gears” and predicted that 2024 will be a productive year for the state to make unprecedented progress.

Igwe Benneth Emeka, the Traditional Ruler of Umueri, expressed thanks to Governor Soludo for his exemplary leadership and outstanding accomplishments.

He encouraged the governor to continue his good efforts, stating, “You are performing well, please don’t relent.”

Notable figures present at the event included Commissioner for Works and Infrastructure, Engr. Ifeanyi Okoma, and his counterpart in Power and Water Resources, Engr. Julius Chukwuemeka.

Among those present were Hon. Nweke Obi Callistus, the Member Representing Anambra East at the State House of Assembly, and Hon. Anselm Onuorah, the Transition Committee Chairman for Anambra East Council Areas, along with others.

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