Press Release: N500BN ENYIMBA ECONOMIC CITY

10th December, 2018
Press Release
N500BN ENYIMBA ECONOMIC CITY
We wish to commend the President of the Federal Republic of Nigeria,
President Muhammadu Buhari for demonstrating in clear terms that his
Government will support developmental programmes initiated by State
Governments completely devoid of partisan prejudice.
The signing of the N500BN Enyimba Economic City at the Presidential
Villa on Friday 7th December, 2018, between the Federal Government and
Abia State Government is a landmark achievement in every
consideration.
The Federal Government’s commitment of 20% equity, amounting to N100bn
to the project is unprecedented and worthy of commendation by every
well-meaning Nigerian irrespective of party affiliation. We further
commend Mr. Okechukwu Enelama, an illustrious Son of Abia State under
whose purview this project falls as the Minister of Industry, Trade
and Investment for facilitating the approval and commitment of the
Federal Government to this noble project.
It is in a special way that we congratulate the Governor of Abia
State, Dr. Okezie Ikpeazu for initiating this project and attracting
the core investors who together with the Federal Government will make
this project a reality in due course. Similarly, we commend the
various communities that owned the vast expanse of land where the
Enyimba Economic City is located.
The fact that this project is estimated to provide over 650,000 direct
jobs is massive and a huge economic boost not only to the people of
Abia State but to Nigeria in general. The citing of this project at
the very centre of the former Eastern Region made up of nine States is
very significant in socio-economic and cultural context.
UPP is excited about this development because it conforms with our
strong position, well captured in our party manifesto, that while
waiting for the restructuring of Nigeria to take place, State
Governments are enjoined to be creative and initiate projects and
programmes that will engender development, create jobs, explore and
exploit the comparative advantage of each State for the development of
the States in particular and the country in general.
It is important to stress the fact that in the 16 years of PDP Federal
Government in Nigeria, no such State initiative in any part of the
South East geopolitical zone was ever supported by the Federal
Government not to talk of taking up any percentage equity in such
project. Instead what quickly comes to mind was the willful and wicked
destabilization and halting of Geometrics Power Project built to
provide uninterrupted electricity power supply to the Ariaria
Industrial Area covering about nine out of 17 Local Government Areas
of Abia State. This power project also has an in-built capacity to
extend power supply to Nnewi and Onitsha through high tension cables.
It is left to the imagination, the gigantic economic and industrial
strides that would have taken place in Aba, Nnewi and Onitsha if the
PDP Federal Government had not willfully sabotaged this private
initiative that put the promoters, their foreign investors and the
banks that syndicated the loans for the project in a quagmire, which
economic and financial costs are incalculable. In due course, the
United Progressive Party (UPP) will be rolling out the many sins of
the PDP against Ndigbo.
The ongoing construction of the Second Niger Bridge of which the
Federal Government has recently injected N33bn, with a definite
deadline as to when the project will be completed in 2022, the massive
reconstruction works going on at Enugu-Port Harcourt Expressway,
Enugu-Onitsha Expressway and Owerri-Aba expressway have all combined
to justify our well thought-out decision to campaign assiduously for
the re-election of President Muhammadu Buhari for his Second and final
term in office.
We challenge all PDP members and apologists to state any project
initiated and completed by the PDP Federal Government in 16 long years
in the South East geopolitical zone.
What President Muhammadu Buhari inherited in the South East
geopolitical zone was an area dotted with projects in different stages
of abandonment. The story is changing for the better. No tag of
President Muhammadu Buhari, as an “Igbo hater” will stand in the face
of these irrefutable and undeniable facts. We shall soon expose the
real Igbo Haters, many of whom are pseudo Igbo Leaders.
We are by this intervention reaffirming our position that while being
in opposition, we shall remain credible, objective, civilized and
patriotic.
Chief Dr. Chekwas Okorie
National Chairman, UPP