FG earmarks N3.25bn for 3 industrial parks

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Kaduna, Jan. 10, 2023 – Prof. Mohammad Sani Haruna, the Chief Executive Officer of National Agency for Science and Engineering Infrastructure (NASENI), says the Federal Government has earmarked N3.25 billion for the first phase of three industrial parks to be built across the country.

He said the parks would be sited in Nnewi in Anambra State,  Osogbo in  Osun State) and Igabi in Kaduna State.

 The agency boss also said President Muhammadu Buhari will inaugurate the first made-in-Nigeria helicopter in Kaduna before he leaves office on May 29.

 Haruna said this on Monday when he visited the Commandant of the Nigerian Air Force Institute of Technology (NAFIT) in Kaduna.

 “The Federal Government of Nigeria has planned to develop industrial parks for the Automotive sectors in three zones of the country: Nnewi (Anambra State) Osogbo (Osun State) and Igabi (Kaduna State).

 “Once fully taken up and equipped, the automotive parks will be self-sustaining and become government revenue source

“In the first phase of the project, the Federal Ministry of Finance, Budget and National Planning has earmarked N3,250,000,000 for take-off and we appreciate the Honourable Minister for the commitment and interest to the project.

 “We are equally grateful to Malam Nasir El-Rufai, the Executive Governor of Kaduna State, for the allocation of 50 hectares of land and his Excellency’s magnanimity for granting waivers of all statutory fees for the title of the land,” he said.

Haruna listed the objectives of establishing the industrial parks.

 “The project initiative is in line with the concept of Federal Ministry of Industry, Trade and Investment, which initially proposed establishing the Automotive Supplier Industrial Park (ASIP) in these three locations in the country for technology evolution in the automotive sector.

“This is in line with the mandate of NASENI for provision and development of primary and intermediate capital projects required for machine and equipment design, fabrication, and mass production, in order to provide the enabling environment for sustainable industrialization of the country.

 “The project is being supervised for NASENI by the Hydraulic Equipment Development Institute (HEDI) in Kano, an institute of NASENI for the agency,” he said.(GBN)

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