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VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra (11660 Views)

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VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by presidency: 10:02am On Aug 25, 2021
*Shoemakers association grateful, says output will increase

*VP: Southeast is a strategic industrial, trade hub


Detailing some of the ongoing and completed Federal Government projects in the Southeast, Vice President Yemi Osinbajo, SAN, affirms that the Buhari administration considers the zone a strategic industrial, trade hub, and a major player in Nigeria's economic growth.

The consideration and the projects would also help in lifting people out of poverty.

Prof. Osinbajo stated this earlier today at the inauguration of two completed projects in Anambra State: the MSMEs Shared Facility at the Ogbunike Leather Trading Cluster, and the Awka 120MVA 132/33kV Sub-Station.

The VP observed that the Second Niger Bridge Project which connects Asaba in Delta State and Onitsha in Anambra State has now achieved 65% completion and will be completed by October 2022.

Besides, he noted that the concession of the Onitsha Inland River Port is in its final stages, while both the draft Concession Agreement and the Full Business Case (FBC) have been transmitted to the Infrastructure Concession Regulatory Commission (ICRC) for necessary action.

According to the Vice President, “let me also assure you of this administration’s commitment to seeing through the major infrastructural projects that will have a transformative impact on this zone. The Second Niger Bridge Project which connects Asaba in Delta State and Onitsha in Anambra State has now achieved 65% completion.

"By the time it is completed in October 2022, the Project will offer significant socio-economic benefits for the contiguous States and indeed the entire nation by easing traffic flow, improving road safety, and creating greater opportunities for residents and neighbouring States, thereby regenerating economic life.”

Continuing, the VP noted that the concession of the Onitsha Inland River Port is in its final stages, adding that once the Port becomes operational, it will effectively decongest the Apapa ports and ultimately translate into a reduction in the cost of imported goods.

"The cumulative effects of all these measures is to open up the Southeast and our resolve to pursue these projects to their completion is an indication that the administration sees the zone as a strategic industrial and trade hub. They also demonstrate our conviction that Anambra State and the Southeast at large, have a huge role to play in our drive to foster economic growth and lift our people out of poverty. The commissioning of this facility here today is a milestone in our nation’s economic adventure," he says.

On the Ogbunike Shared Facility project, the Vice President said the initiative would transform businesses within and around the cluster, hugely increasing their production capacity.

“I am told this leather cluster has about 2000 stores with almost 30,000 MSMEs operating here. So, I have no doubt that this facility will be of immediate value to all of them. When asked, some of MSMEs operating here said they are able to produce 200 to 400 shoes a month, using manual processes. With this facility, the MSMEs located here would now have a potential monthly production of 96,000 shoe soles, 44,000 slippers, 44,000 shoes and 22,000 boots.

“This project will also help provide relative succour to MSMEs by also housing a One-Stop Office for MSMEs. This arrangement brings all relevant regulatory agencies under one roof to enable MSMEs requiring services or facing difficulties to access them with ease.”

On the Awka Power Station, the VP said “the commitment of the Buhari administration to ensuring the completion of this Awka NIPP 132kV Grid Substation now provides a hitherto unavailable 70MW additional power capacity for driving industrial growth and boosting the economy of the State, with positive knock-on effects on employment and socio-economic upliftment for residents of the State.”

Prof. Osinbajo explained that beyond commerce, the power project “is also connected to the new ultra-modern airport at Umueri,” noting that “we are looking here at a substantial addition not just to power capacity, but more importantly at the capacity of the residents of this State, and businesses in this State to be more effective.”

While thanking the Vice President, Governor Willie Obiano, acknowledged the support the State has received from the Federal Government across different sectors including MSMEs, infrastructure projects, among many others.

He noted that thousands of small businesses have benefitted from schemes implemented by the Federal Government including direct disbursements to businesses in the State.

Speaking earlier, a representative of the Shoe Manufacturers Association of Anambra State, Chief Clement Okemefuna Emesim, expressed appreciation to the Federal Government for fulfilling a promise made in 2018, while appealing to governments to patronise the products from the leather hub in the State.

Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
24th August 2021

3 Likes 1 Share

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by PayCircle: 10:36am On Aug 25, 2021
Good Development.

Wow first to comment for the first time.

2 Likes

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by blessochampion(m): 10:36am On Aug 25, 2021
God bless Nigeria.

6 Likes 1 Share

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by athaboi(f): 10:36am On Aug 25, 2021
In as much as I appreciate this little piece of infrastructure... I hate it that lives are being lost in this country and nothing is being done, everyone is pretending as if nothing is happening. Dozens were murdered in jos this morning and the security agencies are aware but failed to do nothing perhaps they even helped them bcoz the fulanis want to avenge the death of their people! Nigeria will never be one

15 Likes 2 Shares

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by SaintBeehot(m): 10:36am On Aug 25, 2021
Capacity VP, Osinbajo 2023✓✓

5 Likes

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by nkem1992: 10:36am On Aug 25, 2021
Ok

1 Like

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by kamaldin(m): 10:37am On Aug 25, 2021
PayCircle:
1
Nice move
Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by PEPPERified: 10:37am On Aug 25, 2021
If I talk now them go say I too talk.
Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by Earlystar698(m): 10:37am On Aug 25, 2021
10 million for this space grin
Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by Jollylolly(f): 10:37am On Aug 25, 2021
Share facility and MSME clinics are both inititative of VP with the support of the President towards provision of jobs for the youth in the sector. This has been recording a lot of seccess as it has made us move up in the world ease of doing business ranking...however, we need to imrove in exporting made in Nigeria products to other country, like many countries..ensure those products meet international standard which will enable us penetrate the international market

5 Likes

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by pacino26(m): 10:37am On Aug 25, 2021
More of these shared SMEs cluster is off grid power is the way forward.

Kudos to the traders.

1 Like

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by WowSweetGuy(m): 10:37am On Aug 25, 2021
Errand boy commissioner

He no even get small mouth for the government.

Next news plz

2 Likes

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by atobs4real(m): 10:38am On Aug 25, 2021
WELL DONE BUT SORRY FOR BEING POCKETED

2 Likes

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by ogododo: 10:38am On Aug 25, 2021
presidency:
*Shoemakers association grateful, says output will increase

*VP: Southeast is a strategic industrial, trade hub


Detailing some of the ongoing and completed Federal Government projects in the Southeast, Vice President Yemi Osinbajo, SAN, affirms that the Buhari administration considers the zone a strategic industrial, trade hub, and a major player in Nigeria's economic growth.

The consideration and the projects would also help in lifting people out of poverty.

Prof. Osinbajo stated this earlier today at the inauguration of two completed projects in Anambra State: the MSMEs Shared Facility at the Ogbunike Leather Trading Cluster, and the Awka 120MVA 132/33kV Sub-Station.

The VP observed that the Second Niger Bridge Project which connects Asaba in Delta State and Onitsha in Anambra State has now achieved 65% completion and will be completed by October 2022.

Besides, he noted that the concession of the Onitsha Inland River Port is in its final stages, while both the draft Concession Agreement and the Full Business Case (FBC) have been transmitted to the Infrastructure Concession Regulatory Commission (ICRC) for necessary action.

According to the Vice President, “let me also assure you of this administration’s commitment to seeing through the major infrastructural projects that will have a transformative impact on this zone. The Second Niger Bridge Project which connects Asaba in Delta State and Onitsha in Anambra State has now achieved 65% completion.

"By the time it is completed in October 2022, the Project will offer significant socio-economic benefits for the contiguous States and indeed the entire nation by easing traffic flow, improving road safety, and creating greater opportunities for residents and neighbouring States, thereby regenerating economic life.”

Continuing, the VP noted that the concession of the Onitsha Inland River Port is in its final stages, adding that once the Port becomes operational, it will effectively decongest the Apapa ports and ultimately translate into a reduction in the cost of imported goods.

"The cumulative effects of all these measures is to open up the Southeast and our resolve to pursue these projects to their completion is an indication that the administration sees the zone as a strategic industrial and trade hub. They also demonstrate our conviction that Anambra State and the Southeast at large, have a huge role to play in our drive to foster economic growth and lift our people out of poverty. The commissioning of this facility here today is a milestone in our nation’s economic adventure," he says.

On the Ogbunike Shared Facility project, the Vice President said the initiative would transform businesses within and around the cluster, hugely increasing their production capacity.

“I am told this leather cluster has about 2000 stores with almost 30,000 MSMEs operating here. So, I have no doubt that this facility will be of immediate value to all of them. When asked, some of MSMEs operating here said they are able to produce 200 to 400 shoes a month, using manual processes. With this facility, the MSMEs located here would now have a potential monthly production of 96,000 shoe soles, 44,000 slippers, 44,000 shoes and 22,000 boots.

“This project will also help provide relative succour to MSMEs by also housing a One-Stop Office for MSMEs. This arrangement brings all relevant regulatory agencies under one roof to enable MSMEs requiring services or facing difficulties to access them with ease.”

On the Awka Power Station, the VP said “the commitment of the Buhari administration to ensuring the completion of this Awka NIPP 132kV Grid Substation now provides a hitherto unavailable 70MW additional power capacity for driving industrial growth and boosting the economy of the State, with positive knock-on effects on employment and socio-economic upliftment for residents of the State.”

Prof. Osinbajo explained that beyond commerce, the power project “is also connected to the new ultra-modern airport at Umueri,” noting that “we are looking here at a substantial addition not just to power capacity, but more importantly at the capacity of the residents of this State, and businesses in this State to be more effective.”

While thanking the Vice President, Governor Willie Obiano, acknowledged the support the State has received from the Federal Government across different sectors including MSMEs, infrastructure projects, among many others.

He noted that thousands of small businesses have benefitted from schemes implemented by the Federal Government including direct disbursements to businesses in the State.

Speaking earlier, a representative of the Shoe Manufacturers Association of Anambra State, Chief Clement Okemefuna Emesim, expressed appreciation to the Federal Government for fulfilling a promise made in 2018, while appealing to governments to patronise the products from the leather hub in the State.

Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
24th August 2021

After python and IRT don kill finish?
Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by SEGLIZ: 10:39am On Aug 25, 2021
the right man for the job if they will allow him.
Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by yemionline(m): 10:40am On Aug 25, 2021
Made in Nigeria is the way forward.

2 Likes

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by cristechinfotec(m): 10:40am On Aug 25, 2021
Baba o

1 Like

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by Joylove2324(f): 10:41am On Aug 25, 2021
.
Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by yanabasee2: 10:42am On Aug 25, 2021
Small scale business that gets killed by excess taxes.....


This won't survive the taste of time...
Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by muykem: 10:43am On Aug 25, 2021
25m votes for Osinbajo in 2023 is everybody responsibility.

2 Likes

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by ImmaculateJOE(m): 10:43am On Aug 25, 2021
My votes is for Osinbanjo only if there is no Igbo man on the ballot.

But then, we will never relent until Biafra is actualized.

God bless Ndigbo
God bless Prof. Yemi Osinbanjo
God bless not Nigeria as it is now till we disintegrate, only then will you bless the individual Nations that will pop out.

1 Like

Re: VP Osinbajo Commissions Shared Facility For MSMEs, New Power Station In Anambra by Nobody: 10:43am On Aug 25, 2021
The handwriting is on the wall, Osibanjo commissioning projects up and down, Well to me he is the best candidate come 2023, hes quite an intelligent man,

4 Likes

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