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Tinubu Appoints InfraCorp As Lead Developer Of Nigeria’s Evergreen City
Tinubu Appoints InfraCorp As Lead Developer Of Nigeria’s Evergreen City
President Bola Tinubu has mandated the Infrastructure Corporation of Nigeria (InfraCorp) to spearhead the development of Evergreen City, Nigeria’s green industrial zone. This move aims to ensure industrial development aligned with both present needs and future sustainability…….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
Key Responsibilities
Ajuri Ngelale, Special Adviser on Media and Publicity to the President, outlined the following terms of reference for InfraCorp:
- Select partners and consultants for crucial development tasks.
- Undertake project design, environmental impact assessments, feasibility studies, and financial modeling.
- Engage with the market to raise private funding for city development.
- Coordinate with partners, development institutions, and capital providers.
- Report to the Supervisory Presidential Steering Committee on Project Evergreen.
Leadership at InfraCorp
Dr. Lazarus Angbazo, CEO of InfraCorp, brings extensive experience to the role, having previously served as President and CEO of General Electric in Nigeria. His academic background includes degrees in Mathematics, Industrial Engineering, and Corporate Finance from prestigious institutions in the United States.
Establishment of Steering Committee
President Tinubu also approved the formation of the Presidential Steering Committee on Project Evergreen. This committee will oversee the initiative, with the Special Presidential Envoy on Climate Action serving as Chairman.
Composition of Steering Committee
Key members of the Presidential Steering Committee include leaders from various sectors:
- Lolade Abiola (UN SE4ALL) as secretary
- Salisu Dahiru (CEO, NCCC)
- Aminu Umar-Sadiq (CEO, NSIA)
- Khalil Halilu (CEO, NASENI)
- Abba Abubakar Aliyu (CEO, REA)
- Fatima Shinkafi (CEO, SMDF)
- Uzoma Nwagba (CEO, CrediCorp)
- Bala Bello (Deputy Governor, CBN)
- Teni Majekodunmi (NCCC)
- Nana Maidugu (NSIA)
- Michael Ivenso (NCCC)
- Suleiman Yusuf (Blue Camel Energy)
- Chidi Ajaere (Jet EV)
President’s Expectations
President Tinubu emphasized the need for dedication and professionalism to drive the Evergreen City project. The objective is to position Nigeria as the leading manufacturing hub in Africa for renewable energy technologies, green solutions, and climate adaptation technologies.
Conclusion
The appointment of InfraCorp and the establishment of the Presidential Steering Committee signify a significant step towards sustainable industrial development in Nigeria. With a focus on renewable energy and climate solutions, Evergreen City aims to benefit not only Nigerians but also the broader African continent.
For further updates on this groundbreaking project, stay tuned.
I streamlined the information to highlight the key points and organized it for clarity. Let me know if you need more details on any specific aspect!
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