Nigeria Gets Another N200b Investment
Niger State Governor Abubakar Bello
London, March 9, 2018 (AltAfrika)-A fresh private investment company, Mainstream Energy branch, Hydropolis Nigeria Limited is to invest about N200 billion for industrial parks and airstrip in Niger State.
Niger state government is facilitating the investment by providing 524 hectares of land
The is to be located in Kainji, Borgu local government area of the state.
The state commissioner for Commerce, Investment and Cooperatives, Hon Mudi Muhammad, who spoke yesterday during the presentation of four Hilux vehicles by the state for effective monitoring of the project, said the Industrial Park would have recreation centres, air strip, golf course, private university, among others.
As part of the incentives to attract investors to the state, the commissioner disclosed that tax holidays and other incentives will be granted to new investors and therefore expressed optimism that the Industrial Park would drive employment for the teeming unemployed youths in the state.
He added that it would also boost the economy of the state, saying that the investment will be in full capacity in 10 – 15 years valued at N200 billion and to serve as a prelude for other investors to invest in the state
The Project Coordinator of Hydropolis Investment Limited, Mariam Usman, said they have acquired 20 hectares of land to resettle the affected four villagers in Anfani, adding that the organisation has gone a long way in building social amenities that will make life comfortable for the moving villagers
She said the project would include building of industries and residential while other commercial and economic activities will take place.