The proposed Centenary Village, an ultra-
modern city within the FCT to mark the 100 years
of the Nigerian nationhood, will cost N3.2 trillion,
retired Gen. Abdusalami Abubakar said on
Monday.
Abubakar, who is Chairman of the Board of
Centenary Village Plc, disclosed this while
presenting a report to President Goodluck
Jonathan at the State House in Abuja.
The Centenary Village Plc is a public liabilities
company to be jointly set up by the private
companies which will finance the project.
The former military Head of State, who led other
members of the company’s board to the
Presidential Villa, said the Centenary Village would
be wholly financed by the private sector.
Abubakar said the board had in the report also
requested President Jonathan to grant certain
concessions to the private investors who are
willing and ready to be part of the project.
“Specifically, government should make the land
for the project available with the status of an
export free zone.
“Tax holiday should also be granted to the
investors for equipment and materials to be
imported for the projects, among others,’’ he
said.
President Jonathan thanked Abubakar and other
members of the company’s board for the work
done so far.
He said the presentation by Abubakar was not
only “fascinating’’ but reassuring that “our dream
that we will get a city better than Abuja is
gradually coming to fruition’’.
Jonathan said the centenary city would be
planned in a way where the infrastructure would
be centralised.
“People living there will not need to drill borehole
or get personal cylinder for gas, and the
management of solid waste and other
environmental issues will be centralised,’’ he said
“It is a big dream but we are hopeful that we are
getting close.
“With the board’s commitment and the
commitment of government, we will get there.’’
Jonathan assured that he would consult with
relevant cabinet ministers on the requests made
by the company’s board before giving approvals
and directives.
Meanwhile, Abubakar in an interview with
newsmen after the presentation, said he was in
support of the national dialogue being planned by
the federal government.
“It is better to `jaw-jaw’ than to `war-war’,’’ he
had said.
NAN recalls that Jonathan had in a broadcast on
Oct. 1 to mark Nigeria’s 53rd Independence Day
Anniversary announced the setting up of an
advisory committee on a national dialogue.(NAN)

SOURCE: www.vanguardngr.com/2013/10/centenary-village-cost-n3-2-trn-abubakar/

The north always wins!!!

Jonathan using OIL money to build the north. I laugh in second niger bridge.