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Africa’s Youngest Billionaire To Invest In Calabar




Calabar, the Cross River State capital is booming with foreign investment as Africa’s youngest billionaire, Ashish J. Thakkar has made known his intention to invest in the beautiful city following a recent General Electric groundbreaking ceremony in the city, as the company is also set to invest billions in the country’s economy from Calabar.

Thakkar, who is president, Mara Group made his intention known while delivering a key note address at the 2013 edition of the Africa CEO Roundtable and Conference on Corporate Sustainability and Responsibility (AR-CSR) at Tinapa Business and Leisure Resort, Calabar.

According to the Ugandan, the decision to establish his presence in Calabar was based on what he has seen and heard of Cross River, which remains a veritable place to invest.

He explained that his investment in the state will be part of his effort to encourage young entrepreneurs to improve their capacity.

The billionaire with a personal net worth of around $260 million said he was prepared to bring his wealth of experience to develop Nigeria, adding that “it is only when you give that you can have more, especially when giving to a group or society”

Thakkar said he professes Nigeria as the best country anywhere he goes, and Cross River has further convinced him about that because of its available human and natural resources couple with the conducive economic environment put in place by government to attract investments and investors.

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  1. leko effiom

    June 23, 2013 at 7:04 am

    Thank God for this wonderful development coming now. I pray for more of God’s development over our there and beloving state. We God we trust. Long living cross river state the home of peace.

  2. marcus essien

    June 23, 2013 at 8:30 am

    Nice one,thank God for his grace to cross rivers. It is great

  3. Enobong Umoh

    June 23, 2013 at 11:01 am

    This is good news, g good way to industrialize the town

  4. Pauline Nkwocha

    June 23, 2013 at 2:50 pm

    Thank God for you, may God give you the wisdom to investment wisely

  5. wisdom Abraham

    June 23, 2013 at 3:05 pm

    It’s a good news,i believe in good tings

  6. wisdom Abraham

    June 23, 2013 at 3:08 pm

    It’s a good news,i believe in good things…

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Metro News

Nigeria’s Communications Minister, Isa Pantami, Loses 13-year-old Daughter



Nigeria's Communications Minister, Isa Pantami, Loses 13-year-old Daughter

Communications minister, Isa Pantami

Minister of Communications and Digital Economy, Isa Ali Pantami, has announced the loss of his 13-year-old daughter, Aishah Isa Ali.

The Minister took to his Twitter account on Monday night to announce this sad news.

Pantami stated that the funeral prayer for the deceased will be conducted in Abuja on Tuesday at Annur Masjeed, Wuse 2.

Also Read: Gunmen Evict NIDCOM Staff From Office On Minister’s Order

The post by the minister announcing the incident reads; “Inna lil Laahi wa inna ilaiHi Rajiun! My 13-year old daughter, Aishah Isa Ali (Amal) passed away just a moment ago.

“Due to some necessities, funeral prayer tomorrow at Annur Masjeed, Wuse 2, immediately after Zuhr prayer In sha Allah. May Allah forgive and be merciful to her.”


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Metro News

Cult Violence: Wike Imposes Two-Week Curfew Around Okoro-Nu-Odu



Cult Violence: Wike Imposes Two-Week Curfew Around Okoro-Nu-Odu

Governor Wike

Governor Nyesom Wike of Rivers State has imposed a 24-hour total curfew for two weeks on some parts of Port-Harcourt, the state capital.

The Governor made this known during a broadcast on Sunday where he noted that the curfew begins from Monday 23rd November 2020.

The statement noted that the upsurge noticed by the state government in cases of cult activities, other forms of violence, and killings is responsible for the curfew.

Also Read: Umahi Unhappy With PDP Because Atiku Picked Peter Obi – Wike

Wike in the statement declared that the entire area along and around the Okoro-nodu flyover up to a one-kilometre radius from Saint Emmanuel Anglican Church, Rumuokoro, extending to the Rumuodomaya Slaughter and Local Government daily market will be affected.

He added that no form of trading, human or vehicular movement is allowed in the affected areas until further notice.

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Zamfara Governor Secures Release Of 11 Kidnapped Victims



Zamfara Governor Secures Release Of 11 Kidnapped Victims

Bello Matawalle

Governor of Zamafara, Bello Matawalle has announced the release of 11 kidnapped victims.

According to reports, ten of the victims were male and a female from Bukkuyum Local Government Area.

Matawalle received the rescued kidnapped victims on Saturday night at the Government House in Gusau, the state capital.

The Commissioner of Security and Home Affairs, Abubakar Muhammed Dauran revealed that the victims were released without paying a ransom.

Also Read: Nigeria still needs SARS, Zamfara gov, Matawalle insists

He stated they were released as a result of the peace initiative and stakeholders meeting summoned by Governor Matawalle with all critical stakeholders from Bukkuyum Local Government Area on Thursday.

Governor Matawalle assured that his administration will not rest on its oars until total peace is achieved in all parts of the state.


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