The federal government of Nigeria said it has committed N8.9
trillion to infrastructural development in the year 2020.
Vice President Yemi Osinbajo, who disclosed this on Friday,
in Uyo Akwa Ibom State capital while inaugurating the 21-storey Dakkada Tower
constructed by Governor Udom Emmanuel, said the President Muhammadu Buhari-led
government has invested more than previous administrations in terms of
infrastructural development.
He added that last month, the Federal Executive Council also
approved the Lagos-Calabar rail project, which passes through Uyo as the major
station.
He said “Since the inception of our administration, Mr.
President has prioritised the development of infrastructure such as roads, rail
and power, despite the severe economic downturn we have experienced in the
first six years, we have invested more than any administration in infrastructure.
” As of last year, we have expended over N8.9 trillion on
infrastructure. Just last month, the Federal Executive Council approved the
Lagos, Calabar rail project which will pass through Uyo as a major station. At
the end of last year, the Federal Executive Council also approved the full
business case of the Ibom Deep Sea port, and of course as a result of the
active demands. These infrastructural developments are set to establish Akwa
Ibom State as a major industrial hub for not just Nigeria, but in the West
African sub region.”
The VP lauded the state Governor, Udom Emmanuel for his
vision in the industrialization of the state adding with the commissioning of
the Dakkada Towers, oil companies should find it auspicious to relocate to Akwa
Ibom state.
“But this building is not just the tallest in the South
South and South East region, it is certainly among the tallest in Nigeria and
in West Africa. The completion of the Dakkada Tower will most definitely
address the question of the paucity of world-class office accommodation for
both local and corporate, international companies, especially oil and gas
companies.
“With this development, the big players in corporate Nigeria
and especially in the oil and gas industry should now find it entirely auspicious
to relocate their administrative headquarters to Uyo.
In his remarks, Gov. Udom Emmanuel of Akwa Ibom described
the Dakkada Tower as the “Smartest, Intelligent, most modern building Nigeria
can boast of today in Akwa Ibom,” adding that with the commissioning, his
administration has proved naysayers wrong.
He advised the International Oil Companies (IOCs) to get
offices in the Dakkada Tower.
“The oil companies were complaining that they don’t have
office accommodations, that excuse has ended today,” Emmanuel said.
He added that his administration was spearheading
innovations that would create revenue and jobs in order to put the state on a
world map.
He commended the Vice President for showing Akwa Ibom people
consistent love, saying that Prof. Osinbajo would come back to the state to
commission the International Worship Centre.
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