Nigeria: 'Rainbow Town Gulped N82 Billion in Five Years'

Port Harcourt — The Managing Director of Rainbow Town Development Ltd, Mr Chima Ucheya said in Port Harcourt that the construction of the first phase of the Rainbow Town Housing Estate has gulped N82 billion since the project commenced in 2009.

Ucheya who spoke at a media briefing to unveil the new Rainbow Town said the first phase of the project is approaching substantial completion in some of the three distinct residential building types and scheduled for completion in the third quarter of 2015.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.