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Oborevwori’s 6-Lane waterfront project will check rising rents in Asaba — Izeze

Delta State Commissioner for Works (Highways and Urban Roads), Comrade Reuben Izeze, has assured that Governor Sheriff Oborevwori’s six-lane Asaba Waterfront City project will not only transform the state capital’s landscape but also ease the pressure of skyrocketing house rents in Asaba.

Speaking during an inspection tour of the project on Tuesday, Izeze explained that the road, being executed under a Public-Private Partnership (PPP) between the Delta State Government and North China Construction Company, will open up the Waterfront City and boost housing supply in the capital.

“With projects like this, simple economics will come into play as supply increases, demand pressure will ease, and rents will crash. We believe this will solve the problem of outrageous house rents in Asaba,” the Commissioner stated….CONTINUE FULL READING>>>

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