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Edo, firm sign MoU on 10,000 units shopping malls

EDO State Government has signed a Memorandum of Understanding, MoU, with Prane Business Integrated Limited to build and transfer 10,000 units of shopping malls in Uteh community in Benin City, capable of generating over 30,000 employment opportunities in the state.

Governor Adams Oshiomhole who was represented by the Secretary to the State Government, Dr. Simon Imuekemhe during the signing of the MoU in Government House said, “one of the programmes of this government is to modernize our markets like Agbado market, Oliha market among others because we believe that markets should be made comfortable and convenience for all for all to shop.

What we are doing here today is the signing of concession agreement between Edo state government and Prane Business Integrated Limited for the development, operation and management of the proposed new Uteh ultra modern market project consisting of 10,000 shop units. The infrastructural facilities in the market are made up of walkways, tarred roads, electricity, water supply, medical facility, fire service station and drainages.”

“The project shall be of high quality and standard in accordance with the designs and specifications. This Five Star market with a bank will be managed by Prane Business Integrated for a period of 25 years when it would be transferred to Edo State Government. We want to thank the market women for supporting the Government of Edo state.

This is just the beginning of what the Comrade Governor is going to do. I want to urge you not to worry over the activities of the opposition party and do not allow anybody to buy your votes because your vote is for development. The market women have been very resolute in their support for this government and the governor will not disappoint in providing the dividends of democracy.”

Speaking, the leader of Prane Business Integrated Limited, Mr. Peter Adejoh said, “this project is a continuation of all the good projects that have been initiated by the Government of Edo State. This pproject will increase the economic functions of the state and we are happy to be part of this record breaking government of Adams Oshiomhole.

“This project is the first of its kind and it will do well because Edo state is an economic hub in this part of the country (South-South region) and this concept is novel; the market is not just to come and buy goods but manufacturers would be represented with access to goods. We see a governor that wants to work and that knows how to work for the people. The Governor is an action man and we will deliver the best market in Nigeria.”


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