President Bola Tinubu has approved the appointment of the Infrastructure Corporation of Nigeria (InfraCorp) as the lead arranger and developer of the nation’s green industrial zone, Evergreen City.
This was made known in a statement issued by Special Adviser to the President on Media and Publicity Ajuri Ngelale on Sunday, May 19, 2024.
Ngelale listed the duties of InfraCorp to include the Selection of partners/consultants to undertake critical development activities, including project design, environmental impact assessments, feasibility studies, financial modelling, and market engagement.
Others are raising private funding for the development of the city and constituent projects; coordinating with partners, development institutions, and other providers of capital and technical assistance; and reporting to the Supervisory Presidential Steering Committee on Project Evergreen.
He noted that Tinubu also approved the establishment of the Presidential Steering Committee on Project Evergreen, the supervisory technical working group, to oversee the pioneering endeavour.
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According to him, the Special Presidential Envoy on Climate Action was appointed as the Chairman, while Lolade Abiola (UN SE4ALL) was named the Secretary of the Presidential Steering Committee.
Others appointed as members are Lazarus Angbazo (CEO, InfraCorp); Salisu Dahiru (CEO, NCCC); Aminu Umar-Sadiq (CEO, NSIA); Khalil Halilu (CEO, NASENI); Abba Abubakar Aliyu (CEO, REA); and Fatima Shinkafi (CEO, SMDF).
Other members include Uzoma Nwagba (CEO, CrediCorp); Bala Bello (Deputy Governor, CBN); Teni Majekodunmi (NCCC); Nana Maidugu (NSIA); Michael Ivenso (NCCC); Suleiman Yusuf (Blue Camel Energy); and Chidi Ajaere (Jet EV).
Ngelale added that President Tinubu expects absolute dedication and professionalism to drive this critical project with the clear objective of making Nigeria the leading manufacturing hub in Africa for renewable energy technologies, green solutions, and climate-adaptation technologies for the benefit of Nigerians and Africans at large.
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