September 22, 2019

A’Ibom is Nigeria’s investment hub — VP Osinbajo


The Vice President, Prof Yemi Osinbajo, has declared Akwa Ibom State as one of the forward-looking investment hubs in the country.

Osinbajo made the declaration during the inauguration of Kings Flour mill at Onna as part of programs to mark the 32nd anniversary of the State’s creation.

The Vice President observed that in September 2017 he was in the state to commission the Jubilee Syringe factory, Metering Solution plant and some upgraded health facilities and this year he is back to commission more.

He congratulated Governor Udom Emmanuel and the people of Akwa Ibom State on the anniversary and the congenial atmosphere provided for business to thrive.

“Akwa Ibom State Governor, Mr Udom Emmanuel, is working relentlessly to attract sustainable investments to boost the Industrialization drive of the Federal Government.

“These will create employment and generate wealth for the state and country. I appreciate the investors for the choice of Akwa Ibom State for their investment and I’m optimistic that the youths will seize these opportunities to acquire skills that would enhance self-reliance” he said.

Earlier, Governor Emmanuel said that the factory produces 500 metric tones of flour daily. According to him, Kings flour mill is one of the best flour millers in Europe and applauded the investors for hearkening to the appeal to come and invest in the state.

Also read: Manufacturing : Govt needs inclusive sustainable policies to encourage local investors — Gbededo

Governor Emmanuel thanked the Vice President for rising above bias and redefining what politics is and not propaganda.

“My administration is committed to making governance touch the grassroots. My focus is anchored on development and industrialization and I urge investors to come to Akwa Ibom and invest.
In a related development, the Vice President also flagged off the digitized Power Substation at Ekim, Mkpat Enin LGA, which marks the actualization of the power plan for all before 2021.

The State government is poised to ensure that every home has an electricity supply, and with the commissioning, more than ten thousand small and medium scale enterprises will become viable to stimulate growth in the State economy.

The Commissioner for Investment, Commerce and Industry, Mr Prince Ukpong Akpabio, gave a brief report on the emergence of the King’s flour mill.

Osinbajo congratulated Governor Emmanuel for the initiative to attract investments and foreign investors to the state and thanked the host communities for supporting the investment to be realized.

He however urged them to take ownership of the investment and protect it to ensure its sustainability.