Delta State Governor, Sheriff Oborevwori, on Tuesday, unveiled the ground-breaking ceremony for the Cubana Millennium City—a high-end luxury real estate and commercial development championed by business mogul, Chief Obinna Iyiegbu (Obi Cubana).

The event, held at Witchtech Junction in Asaba, drew government officials, traditional rulers, business leaders, and real estate investors from across the country.

The governor, who hailed the project as a symbol of confidence in Delta’s stability and economic future, praised the Cubana Group for what he called its “bold steps about the future of Asaba,” insisting that the venture proves investors increasingly trust the state’s security environment and business climate.

“No investor commits to a state unless they trust in its stability,” he said. “We have maintained peace, supported law enforcement, strengthened community relations, and ensured that Delta remains a safe and welcoming environment for businesses to thrive.

“Today, we are not just turning the soil—we are turning a new page in the story of Delta’s development.”
Obi Cubana described the development as an “ambitious real estate project” intended to serve as the “Banana Island of the South-South and South-East.”

He said the master-planned community is designed to feature luxury homes, commercial districts, smart-city infrastructure, green zones, entertainment clusters, and premium security architecture.

According to him, the objective is to redefine “premium living” in the region, adding “We are creating a modern, elegant, secure and lifestyle-forward community that will stand as a benchmark for urban luxury”.

“Growth is built on collaboration. We are bringing the best minds and partners together to deliver a city that reflects excellence, progress, and opportunity.”

He promised that the project would anchor a new wave of employment and economic expansion, to reshape Asaba.

In other news, the Executive Assistant on Community Development to the Governor of Delta State, Hon. Benjamin Sharta, aka DJ Ben, has praised his principal, Governor Sheriff Oborevwori, describing him as the visionary leader who anticipated the future.

This commendation follows the remarkable developmental strides the governor has made in the state, which have transformed the lives of its citizens.

In a chat with newsmen during a public function in Udu, Hon. Sharta articulated his admiration for Governor Oborevwori’s foresight. He said, “Rt. Hon. Elder Sheriff Oborevwori is the man who saw tomorrow.

He envisioned a future of peace, stability, equity, and unity for all Deltans long before many others even considered these possibilities. His commitment to these ideals was evident, though it was met with scepticism and criticism from various quarters.”

The United States is targeting sponsors of attacks on Christians in Nigeria for sanctions in its avowed plans to fight alleged genocide in Nigeria.

The announced punishment which include visa ban is also to be extended to the families of the sponsors and perpetrators of the attacks in Nigeria

The United States’ Department of State in a statement titled: “Combating Egregious Anti-Christian Violence in Nigeria and Globally,” announced “she is taking decisive action in response to the mass killings and violence against Christians by radical Islamic terrorists, Fulani ethnic militias, and other violent actors in Nigeria and beyond.

The statement said: “A new policy under Section 212(a)(3)(C) of the Immigration and Nationality Act will allow the State Department to restrict visa issuance to individuals who have directed, authorized, significantly supported, participated in, or carried out violations of religious freedom and, where appropriate, their immediate family members.

As President Trump had made it clear that the “United States cannot stand by while such atrocities are happening in Nigeria, and numerous other countries.”

According to the statement, this policy will apply to Nigeria and any other governments or individuals engaged in violations of religious freedom.

In a social media post some weeks back, Donald Trump had announced that: “Christianity is facing an existential threat in Nigeria. Thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter. I am hereby making Nigeria a “COUNTRY OF PARTICULAR CONCERN.”

He had added that: “When Christians, or any such group, is slaughtered like is happening in Nigeria (3,100 versus 4,476 Worldwide), something must be done! I am asking Congressman Riley Moore, together with Chairman Tom Cole and the House Appropriations Committee, to immediately look into this matter, and report back to me.”

Few days after his initial announcement, he had threatened to come gun -a-blazing to put a stop to the alleged Christian genocide in the country.

Nigerian government while admitting wide range killings in the country and insecurity, has consistently argued that Christians alone have not be targeted, but rather the killings have no religious line.

The government have equally applied for foreign assistance especially from American government to tackle the problem.

The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Mr Thompson Oludare-Sunday, has reaffirmed the corporation’s commitment to safeguarding depositors’ funds and promoting financial system stability nationwide.

Oludare-Sunday stated this on Wednesday during the NDIC Special Day at the ongoing 46th Kano International Trade Fair, organised by the Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA).

He said the fair, themed “Empowering SMEs for Sustainable Development,” was a vital platform for promoting entrepreneurship, financial literacy and innovation, noting such engagements were critical to Nigeria’s economic growth.

The NDIC boss, represented by the Deputy Director, Procurement Management Services Department, Mr Kayode Shokunbi, commended KACCIMA for its consistency in hosting the annual fair.

He described the event as a catalyst for business networking, investment promotion, and sensitisation on developments in the financial sector.

He said the corporation had, for 37 years, played a central role in protecting depositors’ funds and maintaining confidence in the banking system through supervision, deposit insurance, bank resolution, and liquidation.

Oludare-Sunday explained that the NDIC, working closely with the Central Bank of Nigeria (CBN), had strengthened regulatory frameworks to ensure compliance and stability across all insured deposit-taking institutions.

He stated that the maximum deposit insurance coverage had been increased to N5 million for Deposit Money Banks (DMBs), Mobile Money Operators (MMOs) and Non-Interest Banks (NIBs).

He added that Microfinance Banks (MFBs), Primary Mortgage Banks (PMBs) and Payment Service Banks (PSBs) now enjoy N2 million coverage.

“This expanded coverage protects about 99 per cent of depositors and reflects our unwavering commitment to our mandate,” he said.

He advised bank customers to ensure that the name on their Bank Verification Number (BVN) matched the details on their official identification documents to facilitate prompt access to insured deposits in the event of a bank failure.

He cautioned Nigerians against investing in Ponzi schemes and fraudulent platforms, noting that only funds held in CBN-licensed banks are protected by deposit insurance.

The Commissioner for Women Affairs, Children and People with Special Needs, Hajiya Amina Sani-Abdullahi, reaffirmed the government’s commitment to entrepreneurship support, infrastructure development and empowerment of vulnerable groups through capacity-building initiatives.

She was represented by the Permanent Secretary, Mr Muhammad Sambo.

The News Agency of Nigeria (NAN) reports that goodwill messages were delivered by representatives of KACCIMA, traditional rulers and other stakeholders.

The event also featured raffle draws, with participants winning various prizes.