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Foundation Floats Investment Scheme In Akwa Ibom

Iniobong Ekponta by Iniobong Ekponta
8 months ago
in News
Uyo Akwa Ibom State jpg
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To curb unemployment in the country, a non- governmental organisation (NGO), Titi Oluwadare and Associates (TOA), has rallied a conglomerate of firms within and outside Nigeria, to converge on Akwa Ibom State.

The firms, LEADERSHIP learnt, have signed a couple of Memoranda of Understandings (MoUs) with some agencies and are expected to engage in various projects including building of hotels, schools, companies and other projects, using indigenous contents and contractors.

According to the management of TOA, the teams have been saddled with the tasks of promoting grassroots growth and development in their respective community of operations in the state.

The global president of the group, Dr Titi Oluwadare, gave the mandate virtually at the 2026 Southern Partners Summit held in Uyo, the Akwa Ibom State capital.

Oluwadare, who harped on quality in project delivery, noted that sourcing materials and contractors locally would not only breed harmony in the locality  the project would be sited, but would also bring about community growth with other positive multiplier effects, saying that such has been the standard of operations of the group in other states and countries of operations.

She also explained that every partner must have a physical presence and registered office in any state they are operating, saying  those were among the conditions to be partners of TOA even as she urged prospective partners to join the group as there were more work to be done.

“Every partner needs to have a physical presence and a registered office in any state where they are going to have their project. Our partners must also use local contractors, and their contractors have to agree with TOA on ground.

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“We believe that when we are creating jobs, creating opportunities, spending money within the state, it will help the state to develop. So these conditions apply in every state we are operating, so we ensure local content, community growth, and impact in those states,” she said.

While announcing that TOA would by next year, launch smart city projects in Abuja, Lagos and Akwa Ibom, Dr Oluwadare, applauded TOA Africa Representative, Dr Paul Dowells; TOA Advisor and immediate Vice Chancellor of University of Uyo, Prof. Nyaudoh Ndaeyo, as well as the former Deputy Governor of Akwa Ibom State, Lady Valerie Ebe, for their tenacity and commitments in promoting the activities of TOA in Akwa Ibom.

Giving an overview of the project,  the African representative of the Group, Dr Dowells, in a separate interview said the group had earlier  inaugurated project implementation committee and the event was aimed to invite all their partners in Southern Nigeria to declare their complementary projects

 

 

 

“We have a lot of projects and TOA cannot do all alone, so we have our partners who have the financial capacity to equally carry out any project we award them or we assign them, while we in turn guarantee them to go on with the project. So this summit was designed for such purpose,” he said.

 

 

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Iniobong Ekponta

Iniobong Ekponta

Iniobong Ekponta is the Akwa Ibom State Correspondent for Leadership Newspaper, with over 20 years of experience across Nigerian media including The Comet, The Nation, The Moment, The Union, and Tribune. He holds an HND in Mass Communication from the Federal Polytechnic, Auchi, and a Postgraduate Diploma in Conflict Studies from the University of Uyo. He is a member of the Nigerian Institute of Public Diplomacy and Management, and specialises in governance, politics, security, and social affairs.

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