The Vice President of Nigeria, Prof. Yemi Osinbajo has explained that the federal government spent N8.9trillion on Infrastructural development of the country in the year 2020.
He said the amount represented the highest any previous administration has expended on infrastructural development in the country.
Speaking in Uyo, Akwa Ibom State capital while inaugurating the the 21-storey Dakkada Towers and other projects, the Vice president added that the Federal Executive Council, (FEC) approved the Lagos- Calabar rail project which passes through Uyo as the major station.
He said President Muhammadu Buhari’s led government has prioritised the development of infrastructure, roads, rails, power despite the economic meltdown faced by the administration. for the past six years.
According to him, “Since the inception of our administration, Mr President has prioritised the development of infrastructure, roads, rail, power and despite the severe economic downturn we have experienced in the first six years, we have invested more than any administration in infrastructure.
“As of last year, we have expended over N8.9 trillion on infrastructure. Just last month, the Federal Executive Council approved the Lagos-Calabar rail project which will pass through Uyo as a major station. At the end of last year, the Federal Executive Council also approved the full business case of the Ibom Deep Sea port, and of courses as a result of the active demands. These infrastructural developments are set to establish Akwa Ibom State as a major industrial hub for not just Nigeria, but in the West African sub region.”
The VP lauded the state Governor, Udom Emmanuel for his vision in the industralization of the state, adding with the commissioning of the Dakkada Towers, oil companies should find it auspicious to relocate to Akwa Ibom State.
“But this building is not just the tallest in the South South and South East region, it is certainly among the tallest in Nigeria and in West Africa. The completion of the Dakkada Tower will most definitely address the question of the paucity of world class office accommodation for both local and corporate, international companies, especially oil and gas companies.
“With this development, the big players in corporate Nigeria and especially in the oil and gas industry should now find it entirely auspicious to relocate their administrative headquarters to Uyo.
In his remarks, Gov. Udom Emmanuel of Akwa Ibom described the Dakkada Tower as the “Smartest, Intelligent, most modern building Nigeria can boost of today in Akwa Ibom”, adding that with the commissioning his administration has proved naysayers wrong.
He advised the International Oil Companies (IOCs) to get offices in the 21st Storey Smartest Dakkada Tower in the state.
“The oil companies were complaining that they don’t have office accomodations, that excused has ended today”, Emmanuel said.
He added that his administration was spearheading innovations that would create revenue and jobs in order to put the state on a world map.
He commended Vice President for showing Akwa Ibom people consistent love, saying that Prof. Osinbajo would come back to the state to commission International Worship Centre.
Speaking earlier, the state Commissioner for Special Duties, Okpolupum Etteh said, “the building has the best ICT compliant in the country. It was borne out of the directive of the FG for International Oil Companies to relocate their headquarters to their areas of operation.”
The smart building according to Etteh is sited on a “48,000 sqm of land, 400 capacity car park and is defined by an increased level of automation and integration, advanced electronic and information technologies, interrelated structure, system, service and management, energy efficient building and enhanced connectivity through Wired and Wireless network and Advanced Sensor Systems”.