Ikuru Community in Andoni Local Government Area (LGA) of Rivers State has signed a N500-million water project contract between the Board of Trustees (BoT) of the Host Community Development Trust (HCDT) and two contractors.
The community disclosed that it will begin commercial bottled water production with the funds to address water challenges and also export the products for financial enhancement.
The water project is part of the implementation of the 3% operating expenses (OPEX) by the Joint Ventures (JV), as provided by the Petroleum Industry Act (PIA) recommendations. Green Energy and Lekoil are implementing the project through the HCDT, with an independent board of trustees.
The two major contracts include a water drilling project handled by GEMARK Construction Limited, while the contract for the facility house was awarded to PEEMAN Integrated Services, with specifications for timely delivery.
