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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Politics > North Central > FCT Update > Abuja industrial park: FG targets 40,000 jobs
FCT Update

Abuja industrial park: FG targets 40,000 jobs

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Last updated: August 29, 2024 7:50 pm
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2 years ago
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Still savouring current surge in economic growth, the Federal Government is targeting about 40,000 jobs to be created from the Abuja Industrial Park with projected impact of catalysing further growth in Nigeria’s economy.
The Minister of the Federal Capital Territory, Mr Nyesom Wike, said on Wednesday that the park being developed by Zeberced Group, will create 40,000 jobs and improve Nigeria’s economy when fully operational.
Wike stated this when he visited the site located at Idu Industrial Zone, Abuja, on Wednesday.
The minister, excited by the level of development at the ark, promised to brief President Bola Tinubu on what he had seen.
Quality and Size of the Project
Describing the project as mind-boggling, Wike expressed optimism that it would grow the nation’s economy and create employment for the teeming youths in FCT.
“As far as I’m concerned, I’ve never seen this in the entire country. This is the first time I am seeing this,” he said.
He added that the project, which had been approved to operate as a Free Zone, would attract lots of businesses due to the availability of a stable power supply.
The minister commended the company for its commitment to completing the project and for its decision to expand the access road to the park.
He assured all of the continued support of the FCT Administration to ensure that the road project was completed.
MFCT to Complement with Upgrade of Roads
He expressed optimism that the road project, when completed, would accelerate the development of the Idu District.
“From what the Managing Director of the company, Mr Adil Kurt said, the park is going to create not less than 40,000 direct employments and that is huge.
“There is no government that will not support this kind of investment.
“Having gone around, we can attest to the fact that this is really what we need to grow our economy. You can imagine how the whole of Idu will be developed.
“This is what every government craves for, and we must give them the necessary support,” he said.
Commendable Performance
Wike further commended the Zeberced Group for maintaining a high standard in the delivery of the project.
He particularly commended the company for branding all items being produced at the park, including polypropylene pipes, and sandwich insulation roofing sheets among others, as made in Nigeria.
“For us, it is quality, and we thank God that we have some companies that are committed to making sure that they produce in Nigeria,” Wike said.
The minister assured residents of adequate security and called for further investments in local production.
Earlier, Kurt said that the park, which sits on 250 hectares of land, was being developed as a free zone, and currently features 208 workshops.
He equally said that the park was designed to support small and medium-scale industries, among others.
“The production of precast concrete, plastic and polypropylene pipes, as well as sandwich insulation roofing sheets among others, were already ongoing at the park.
“The project will significantly contribute to the growth and development of the nation’s economy,” he added

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