Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    After 27 Years As Bishop, PFN President Wale Oke Accepts Archbishop’s Office

    September 4, 2026

    Lagos Demands Compulsory LASRRA Registration For School Enrolment

    September 4, 2026

    PromiseLand Enters Ride-hailing Business, Set To Unveil ProTaxi October 1

    September 4, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Lawal Hails Yari’s Appointment as Tinubu/Shettima Campaign DG, Says APC Has Made the Right Choice

      September 1, 2026

      Anambra APGA Emerges Winner Of All 21 Chairmanship, Councillorship Seats 

      August 30, 2026

      INEC Will Publish 2027 Governorship, Assembly Candidates Particulars On Saturday 

      August 27, 2026

      APC Campaign Council List On Review After Key Omissions Discovered

      August 24, 2026

      Governor Dauda Lawal Commends Senator Yari’s Appointment as President Tinubu’s Campaign Council DG

      August 22, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      News August 31, 2026

      Sanwo-Olu’s Chief of Staff Pays Condolence Visit To Late Ogogo’s Family

      Recent

      Sanwo-Olu’s Chief of Staff Pays Condolence Visit To Late Ogogo’s Family

      August 31, 2026

      K1 Observes Culture Of Respect, Prostrates For Obasanjo During Olota Of Ota’s 60th birthday Celebration

      August 29, 2026

      15 Years And Still Counting, Mercy Johnson, Prince Okojie Celebrate Wedding Anniversary

      August 29, 2026
    • Business

      Tinubu Approves Fresh Framework to Unlock $50bn Deep Offshore Investments

      August 12, 2026

      Association of Movie Producers of Nigeria Engages Bank of Industry MD on IP-Based Loan Access, Honours Him with Award and Patronage

      August 9, 2026

      BUA Foods Posts N292bn as H1 Profit Despite Revenue Decline

      July 31, 2026

      Viral N2.5m Monthly Corn Business Earning Dismissed From Source

      July 8, 2026

      Consumer Credit Falls to N3.03tn, Shortage of N780bn Caused by High Rates

      June 30, 2026
    • Health

      Pastor Adeboye Of RCCG Donates Three Dialysis Machines To UBTH

      September 3, 2026

      Lagos Presents Blood Donation Drive Through 10 LGAs

      August 27, 2026

      LAWMA Assures Residents of Plan to Evacuate Refuse Heaps in Lagos

      July 29, 2026

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026
    • Culture

      Awujale Stool: Ruling House Commits Trust In Leaders, Disapproves Removal

      August 13, 2026

      Osun-Osogbo 2026: Nigeria-Africa Celebrates Yoruba Historic Heritage

      August 7, 2026

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026
    • Lifestyle

      Tinubu Congratulates Shettima on 60th Birthday, Calls him Patriot, Trusted Ally. 

      September 2, 2026

      Gov Dauda Lawal @ 61: A Functionalist In Power

      September 2, 2026

      Jay-Jay Okocha’s Daughter Unveils Wedding Picture In Spain

      August 31, 2026

      Oborevwori, Arigbodi Families Glorified God As Children’s Wedding Ends In Thanksgiving

      August 31, 2026

      Celebrating A Jolly Good Fellow—Happy Birthday, Regie, Mfr

      August 31, 2026
    • Sports

      Argentina FA Observes 10th-minute Stoppage for Messi’s Tribute During Games 

      September 3, 2026

      UEFA Adopts Debut Patches for Champions League First-timers

      September 2, 2026

      Korea Republic, Falconets Draw 1-1 In Friendly Ahead FIFA U20 Women’s World Cup

      September 2, 2026

      Moses Aduku Announces Falconets’ Readiness for U-20 World Cup

      September 2, 2026

      NFF Debunks FIFA Letter Clarification After Delegation Visits Infantino

      September 1, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » AfDB partners with Enugu govt on investment, infrastructure and projects
    News

    AfDB partners with Enugu govt on investment, infrastructure and projects

    Ifetayo AdeniyiBy Ifetayo AdeniyiJanuary 27, 20245 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    AfDB partners with Enugu govt on investment, infrastructure and projects

    The African Development Bank (AfDB) has reiterated its commitment to partnering with the Enugu State Government in the areas of investment, infrastructure, and other projects that would attract development and transform the lives of the citizens in the state. 

    This was even as the President of Skipper Seil Group, a globally renowned engineering, power and infrastructure company, Jitender Sachdeva, lauded Enugu State governor, Dr. Peter Mbah, over the positive steps taken in the energy sector, assuring that the company would partner to assist the state in developing its infrastructure.

    Speaking at the Government House, Enugu, on Thursday, during a meeting with the governor at the Government House, Enugu, the Director-General of AfDB’s Nigeria Country Department, Lamin Barrow, said Nigeria was strategic to the development bank’s programmes.

    He said that phase one of some of the programmes, especially in the area of Special Agro-Processing Zone (SAPZ) which was worth about $18 million had been approved.

    He explained that the African foremost development and financial bank was in the process of rolling out the second phase, which would integrate the needs of Enugu State Government.

    Barrow further said the phase two of the programme would support the implementation of the SAPZ project, which the state had already undertaken, pointing to agro-allied crops such as cassava, maize, among other strategic staples where the state commands competitive advantage.

    “What the SAPZ is doing is to help develop value chains for these crops, adding value to primary crops, help in reducing post-harvest losses, develop strong linkages with stakeholder farmers, training and creating financial support for the farmers’ activities, but but most importantly, driven by anchor private-sector investors”, he stated.

    The DG of the AfDB also said the bank would assist the state in de-risking investment flow in its efforts to strengthen and enhance production, and drive agricultural produce beyond food security to export for the state and Nigeria in general.

    On his part, Skipper Group President, Jitender Sachdeva, said his company had already concluded plans with the governor to construct the green special agro-allied industry zone, which also falls within the AfDB’s programme.

    He said the infrastructure, which the company was collaborating with AfDB to step up, would facilitate the ease of doing business in the state and ensure self-sustained green electricity for each factory operating in the state.

    “We are here for you in terms of infrastructure, power, agro-processing zones, among other projects. With the kind of energy, positivity, simplicity I have seen in you, around you, I can assure you we are going to start immediately,” he concluded.

    Reacting, Governor Mbah expressed excitement over the choosing of Enugu State by the AfDB and other development partners for the second phase of the Special Agro-Processing Zone, saying his administration had already committed huge capital in the sector and would be ready to explore the opportunities AfDB presented to the state.

    He assured the AfDB that Enugu had fulfilled all the pre-conditions for the project to take off.

    “I want to inform you that Enugu State is ready and we have prepared all the prerequisite documentations, and all the surveys you need to be able to get started with this project.

    “We have done the environmental and social impact assessments. We have identified a sizeable land that will host a Special Agro-Processing Zone, putting aside over 1000 hectares very close to the city that would be used for the Special Agro-Processing Zone. We have also done the feasibility studies”.

    While underscoring that the state has a fertile land, almost performing better than other states in the cultivation and production of soya beans, cassava, rice, maize, cashew nuts, pineapple, among other food crops, the governor reiterated the effort of his administration to continue to make the state attractive to investors and tourists.

    He explained that the state was full of economic and investment opportunities, calling on investors to see Enugu as their first choice for investment in the country, and promised that the ongoing state of emergency declared on the health sector would guarantee a healthy workforce.

    The governor equally expressed interest in working with the bodies in the power sector to drive the state’s industrial revolution, insisting that Enugu was being positioned to play leadership role in the power industry given the recent enactment of the Enugu State Electricity Law.

    “We’re now ready to play the role of a regulator in the electricity value chain, whether it’s generation, transmission or distribution. So in terms of the ease of obtaining your operating license, your construction licenses, you do not need to go beyond the state when we are in the position to provide those licenses, generating license, transmitting license and distributing license. We now have the regulatory commission to provide those licenses. In terms of the demand, you also have a huge demand for electricity. We have quite a number of industries here and we’re also even on the verge of bringing more because we’re already talking to some prospective investors,” he concluded.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleSee Nigerian Celebrities Who Faces Parental Pressure Over Career Choices
    Next Article Chairman Isale Eko Descendants Union, Mr Adeniji Kazeem SAN congratulates Mr Olasupo Shasore SAN @ 60th birthday
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News September 4, 2026

    PromiseLand Enters Ride-hailing Business, Set To Unveil ProTaxi October 1

    News September 4, 2026

    After Nigeria Exit, Uber Unveils Robotaxi Service In London 

    News September 4, 2026

    Jigawa mourns Emir of Gumel who dies at 84 after 46-year reign

    News September 4, 2026

    Lagos Akosile Criticizes Content Creator Solomon Buchi For Unwelcome Comments 

    News September 4, 2026

    RCCG Donates $265,854 To Evacuate Distressed Nigerians From South Africa

    News September 4, 2026

    Nigeria Partners IEA On Energy Policy, Security, Both Sign Agreement

    Leave A Reply Cancel Reply

    Don't Miss
    Faith September 4, 2026

    After 27 Years As Bishop, PFN President Wale Oke Accepts Archbishop’s Office

    Archbishop Francis Olubowale Oke By Elegbede Abiodun “I accept the elevation with all my heart.…

    Lagos Demands Compulsory LASRRA Registration For School Enrolment

    September 4, 2026

    PromiseLand Enters Ride-hailing Business, Set To Unveil ProTaxi October 1

    September 4, 2026

    Dangote Refinery Announces Opening Of IPO In 10-12 Days

    September 4, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Sahara Reporters Fake And Malicious Publication On Prince Ned Nwoko

    December 17, 2021

    16th Edition Of Face Of Edo, 10th Edition of Face Of The World Nigeria Beauty Pageant Hold In Benin.

    November 11, 2021

    Mars E&P secures $274 million facility from AFREXIM Bank

    November 25, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.