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HomeAbuja NewsWike, Fubara, make case for investment in Abuja

Wike, Fubara, make case for investment in Abuja

…FCT ready to provide land, security for investors – minister 

By Sarah NEGEDU 

Minister of the Federal Capital Territory, Nyesom Wike, has urged foreign investors to look towards investing in Nigeria’s capital territory, as he assured them of the safety of their investments in the territory.

The minister gave the assurance over the weekend in Port Harcourt, the Rivers state capital, during the opening of Hypercity 3, a chain store in Nigeria.

Wike, alongside the governor of Rivers State, Siminalayi Fubara, and his Oyo State counterpart, Seyi Makinde, called on foreign investors to consider their domains when picking locations for setting up their companies in Nigeria.

The minister promised to provide lands and the conducive environment for investment to thrive in the FCT and contribute to the development of the nation’s capital.

He noted that government alone cannot provide jobs for Nigeria’s teaming youths, unless the private sector steps in.

In his words, “When I got the invitation, I pleaded with the management to move it to Friday so I can attend. When you approached me as governor, you promised to build this place.

“As a government, our duty is to provide the conducive environment. You promised to build four. Within one year, you’ve built three. You’ve provided employment for our people.

“It is not only government that can bring development. Let it not be only that it is only in Rivers State. Come to Abuja and build some there. We’ll provide lands.”

Meanwhile, the Rivers state governor, Siminalayi Fubara said his administration would consolidate on the achievements on ground. “It is now on record that when Hypercity 3 was commissioned, I was also part of it. Our desire when we came onboard was to continue to uplift the development of the state based on consolidation.

“This is adding value to the economy of Rivers state. As a government, we will continue to give you security as all you need to succeed. This is because government cannot do it alone, private organisations need to join hands for the development of the state. The organisation should also expand to FCT and other places.”

Also, his Oyo state counterpart who made a similar appeal, noted that, “I’ve also told the MD of Hypercity that I will give him land free and tax holiday and I will also provide security for you. Oyo state is the gateway of the Southwestern part of Nigeria. This will also boost the economy of Oyo State.”

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