Connect with us

Nigeria

Akwa Ibom govt. signs $600m industrial park  agreement Korean firm

Published

on

Akwa Ibom State Government has signed a $600 agreement with Kumbit Global Limited, a Korean-based company, for the establishment of Ibom Industrial Park at Nung Ikot Obiodo, Oruk Anam LGA in the state.

Signing the agreement in a brief ceremony in the Office of the Secretary to the State Government, Government House, Uyo, representative of the state Government and Chairman, Akwa Ibom Investment Corporation (AKICORP) Dr. Elijah Akpan, disclosed that the $600 Million project will be driven by Public Private Partnership (PPP) arrangement , adding that the State Government has donated 100 hectares of land and will commence payment of compensation to the benefitting community before take off of the project.

‘’There are about 23 companies in the industrial park and the state government is entering into Public Private Partnership (PPP) arrangement with Kumbit Global, we own 10% the community owns 2% making it 12% for Akwa Ibom State and the project is worth $600 million.

“The state government has donated Special Purpose Vehicle (SPV) and 100 hectares of land for the project while payment of compensation will soon commence and Kumbit will soon move to site as a result of agreement that has been signed today’’, he stated.

Dr. Akpan explained that the Ibom Industrial Park project has real estate integrated into its design to create affordable housing in the state, adding that on completion the park will create about 1000 direct employment with a value chain benefit of 10,000 to the people.

The Akwa Ibom Investment Corporation (AKICORP),  boss lauded Gov Udom Emmanuel for creating a conducive environment and ease of doing business in the state, stressing that the infrastructural development in the state has made it a destination point.

On his part, the Group Managing Director, Kumbit Global Limited, Anietie John, also commended Gov Udom Emmanuel for his visionary strides in industrialising the state, stating that Ibom Industrial Park would have 23 industries producing 300 product lines of building materials, pharmaceuticals, automobiles, beverages and other household items to redefine the economy in the state and employ about 200,000 people in the country.

John disclosed that based on the feasibility study conducted by the Korean company, a general hospital is to be sited in the state as part of its corporate social responsibility, while scholarships will be introduced for the benefit of the Akwa Ibom indigenes.

‘’It has been a long journey and God has kept us for this purpose, I want to thank Governor Udom Emmanuel for making this project to materialize, for it has been a turbulent time but what I am telling Akwa Ibom people is that this project which we have signed an agreement today will be of benefit to them all.

“This park coming to Akwa Ibom state will employ over 200,000 Nigerians. The park will attract third party industries that will produce for the successful completion of activities in the Industrial Park.

‘’Kumbit Global is bringing the first General Hospital to Nigeria, we are bringing education, Koreans are bringing their format of education, any Nigerian or Akwa Ibom person who wants such can enroll their children in the school as we will tap from the technology transfer. We will also bring in scholarship to the state based on merit.

Culled from the Sun News Nigeria

Continue Reading
Click to comment

Leave a Reply

News

Nigeria: chibok abduction anniversary spurs demands for justice

Published

on

Militants, alongside relatives of victims of the infamous abduction of the Chibok schoolgirls that sparked global outrage in 2014, gathered in Lagos on Sunday, April 14, to renew calls for the release of the remaining girls in captivity.

The Sunday meeting was organized to mark the 10th anniversary of the abduction that affected 276 schoolgirls from the Government Girls Secondary School in Chibok, Borno State, northeastern Nigeria.

“What I would ask the government is to find a way to work towards bringing back our sisters because I know it is only the government that can help us bring back these girls,” said Grace Dauda, a rescued Chibok schoolgirl.

Another rescued schoolgirl, Rebecca Malu, added, “They should stay safe. They should stay strong, one day, they will be released like us.”

While some girls managed to escape on their own, others have been freed over the years through intense campaigns by civil society organizations and government negotiations. But this human rights activist, Ayo Obe, is calling for more action from the authorities.

“We know that we started with missing persons numbering two hundred and fifty-six; it is already an improvement that we are down to 91. But of course, 91 is 91 lives unaccounted for. We appreciate the fact that so many of them escaped during the abduction itself. We appreciate the fact that the government has brought back so many more of them, but we say that we don’t stop here. We need the momentum that has happened since the mass return during the Buhari administration in 2016-2017 to be maintained. We expected that the remaining girls would have been brought back,” she said.

Mass school children kidnapping in Nigeria has continued nearly unabated since Chibok. Around 1,700 students have been kidnapped in raids since 2014 according to Amnesty International.

A member of the Bring Back Our Girls movement and convener of the 10th-year anniversary in Lagos, Opeyemi Adamolekun, lamented this as unfortunate.

“Unfortunately, it became political between 2014 and 2015, part of the amplification of the movement was part of the 2015 presidential campaign. And we saw the effect of the first batch of 21 that were released with the help of the Red Cross and the Swiss government. The second batch of 82 that were released with the help of the Red Cross and the Swiss government as well. But unfortunately, it seems that energy sort of dissipated because the government doesn’t feel as much pressure as they used to feel,” she said.

For this group of Nigerians, the government must match words with more action to stem the tide of mass school kidnappings in the country.

According to the Murtala Muhammed Foundation, a charity that advocates for the Chibok schoolgirls, about 90 girls still remain in captivity while dozens of the schoolgirls freed over the years are living inside a military-run rehabilitation camp with surrendered Boko Haram fighters they married in the Sambisa forest, Boko Haram’s main hideout.

Continue Reading

News

Nigeria suspends permit of 3 private jet operators

Published

on

Nigeria’s Civil Aviation Authority (NCAA) has taken action against private jet operators flouting regulations by suspending the Permit for Non-Commercial Flights (PNCF) of three operators caught conducting commercial flights.

This crackdown follows warnings issued in March 2024.

Acting Director General Capt. Chris Najomo stated that increased surveillance at Nigerian airports led to the grounding of three operators found violating their PNCF terms. Specifically, they breached annexure provisions and Part 9114 of the Nigeria Civil Aviation Regulations 2023.

In response, the NCAA announced a thorough re-evaluation of all PNCF holders to ensure compliance with regulations, to be completed by April 19th, 2024. PNCF holders have been instructed to submit necessary documents within 72 hours to expedite the process. Najomo emphasized these actions highlight the NCAA’s commitment to enhancing safety in Nigerian airspace.

Furthermore, the NCAA warned the public against using charter operators without a valid Air Operators Certificate and urged legitimate industry players to report any suspicious activities promptly.

This crackdown comes after the NCAA’s stern warning in March against PNCF holders engaging in commercial operations.

Continue Reading

News

Senator Cory Booker Leads a Congressional Delegation to Nigeria

Published

on

Photo: Senator Cory Booker (In the back) and a Diplomat from the US Department of State, joins with members of the Academy for Women Alumnae Association including Mercy Ogori of Kokomi Africa and Adebisi Odeleye of Moore Organics.

Senator Cory also met women entrepreneurs from the Academy for Women Alumnae Association

Last week, US Senator Cory Booker from New Jersey led a congressional delegation to Nigeria, which included House of Representatives members Sara Jacobs and Barbara Lee from California. The purpose of the visit was to discuss a partnership on sustainable development. During the talks, Nigerian President Bola Tinubu expressed his administration’s dedication to strengthening democracy through upholding the rule of law and ensuring good governance, justice, and fairness for all citizens. Senator Booker emphasized the shared values of democracy, the rule of law, and commitment to peace and good governance that bind Nigeria and the United States as partners.

The delegation also met with women entrepreneurs from the Academy for Women Alumnae Association, who had participated in US-sponsored exchange programs. Led by Adebisi Odeleye of Moore Organics, the businesswomen shared their experiences and discussed their entrepreneurial endeavors. Other Academy members were Mandela Washington Fellow, Nkem Okocha of Mama Moni, Inemesit Dike of LegalX, and Mercy Ogori of Kokomi.

The partnership between the United States and Nigeria has lasted over six decades, focusing on addressing security challenges, enhancing health security, and responding to global health crises. Despite obstacles like corruption, poverty, and insecurity, the US remains dedicated to supporting Nigerian institutions and promoting free, fair, transparent, and peaceful elections.

During the visit to the State House, Senator Booker reiterated the shared values of democracy, the rule of law, and commitment to peace and good governance that unite Nigeria and the United States as partners.

Continue Reading

Trending