• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 1, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Abia Industrial Park To Spur Industrial Manufacturing – NCDMB

by Chika Izuora
2 years ago
in News
NCDMB
Share on WhatsAppShare on FacebookShare on XTelegram

The executive secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has commended Abia State governor, Dr. Alex Otti for the decision of his administration to establish the Abia Industrial Innovation Park (AIIP), Owaza, in Ukwa West Local Government Area of the State.

Advertisement

In a Goodwill Message at the groundbreaking ceremony at the weekend, Engr. Wabote said the park would spur industrial production and “position Abia State as a competitive player in the global market as it will attract national and international investors which will then contribute significantly to the State and nation’s economy.”

According to him, “a virile manufacturing sector will not only create much-needed employment opportunities, but it will also have a multiplier effect on the economy especially if the right policies and mechanisms are put in place to stimulate both forward and backward integration for the products and materials that will be manufactured.”

Such policies and mechanisms should be geared toward reduced production costs.

Citing the local content philosophy of the federal government and its emphasis on domestication and domiciliation of high value-adding activities, which have necessitated the establishment of the Nigerian Oil and Gas Park Scheme (NOGaPS), the NCDMB boss said: “Based on the realisation that high production cost is a major challenge for local manufacturers, we adopted a shared-services strategy where we provide infrastructure such as power supply and utilities such as road network, water, waste treatment, and so on for businesses that will be located on the site.”

RELATED

Professor Dambatta Emerges New Vice Chancellor Of Bayero Varsity Kano

Professor Dambatta Emerges New Vice Chancellor Of Bayero Varsity Kano

1 hour ago
Wike

No Land Allocated To Wike’s Children, FCTA Insists

2 hours ago

Such a strategy, he noted, would “enable manufacturers to focus on their core business of manufacturing rather than adding the role of power generation, road construction, etc,  to their operations. While assuring the Abia State Government of the preparedness of the NCDMB “to share our experience with you to ensure this Park becomes a success story,” he disclosed that the pilot phases of NOGaPS at Emeyal 1 in Bayelsa State and at Odukpani in Cross River State are “at the final stages of completion, and both will come on stream soon.”

Engr. Wabote implored the people of Abia State to give their full cooperation to the State Governor to make the project a success.

In his own address, Governor Alex Oti said: “Our vision is clear and our goal direct: we want to responsibly harness the abundant oil and gas reserves within Ukwa for the economic development of the communities within the State and the regions connected to this project location.”

He assured the people of the determination of his Administration to actualise that vision, while soliciting their support.

The governor equally expressed the appreciation of the government to the many distinguished guests who honoured the invitation to participate in the groundbreaking ceremony. He wished everyone a safe journey back to their respective destinations.

The AIIP is envisaged to comprise a Technology Innovation Centre, a Modern Vehicle Assembly Plant, Power Generating Plant, a Liquefied Petroleum Gas (LPG) Manufacturing Plant, an LPG and Compressed Natural Gas (CNG) Tank Farm, a Haulage and Warehousing Facility, an Agricultural Storage and Processing Facility, a Mini Seaport, a Five-star Hotel, and a carbon-neutral residential estate.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Oil Prices Set For Rebound After Sharp Decline

Next Post

BREAKING: Russian Strike Kills 48 In Eastern Ukraine

Chika Izuora

Chika Izuora

You May Like

Professor Dambatta Emerges New Vice Chancellor Of Bayero Varsity Kano
News

Professor Dambatta Emerges New Vice Chancellor Of Bayero Varsity Kano

2025/07/01
Wike
News

No Land Allocated To Wike’s Children, FCTA Insists

2025/07/01
Nigeria
News

Federal Gov’t Approves N65bn Disbursement To Health Facilities

2025/07/01
BREAKING: Angry Senators In Stormy Session, Debate Ningi’s 2024 Budget Padding Claim
News

Dantata: Senate Postpones North-West Constitution Review Public Hearing

2025/07/01
PICTORIAL: Late Businessman Aminu Dantata Buried In Saudi Arabia
News

PICTORIAL: Late Businessman Aminu Dantata Buried In Saudi Arabia

2025/07/01
Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director
Business

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

2025/07/01
Leadership Conference advertisement

LATEST

From Extraction To Enablement

Professor Dambatta Emerges New Vice Chancellor Of Bayero Varsity Kano

No Land Allocated To Wike’s Children, FCTA Insists

Federal Gov’t Approves N65bn Disbursement To Health Facilities

Dantata: Senate Postpones North-West Constitution Review Public Hearing

PICTORIAL: Late Businessman Aminu Dantata Buried In Saudi Arabia

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

‘Buhari Left Office Broke But With Integrity Intact’, Says Spokesman Garba Shehu

YPP Elects Madaki, 10 Other Flagbearers For 2026 AMAC Chairmanship, Councillorship Polls

JUST-IN: Atiku, Mark, Lamido, Others In Closed-door Meeting

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.