Obax World Limited, an oil and gas company based in Edo state has announced its plan to invest a total of N121 billion for the construction of a fertiliser plant and a 350-megawatt power generating plant in Ikpoba-Okha Local Government Area of the state

The New Yenagoa City Development project is set for launch by the Bayelsa State Government. The project will provide more houses and bring down the cost of accommodation in the state capital.