To win the people, always cook them some savoury that pleases them. Governor Udom Emmanuel has cooked more than we can eat.
The innovative industrialization policy of Akwa Ibom State Governor Mr Udom Emmanuel is without a doubt highly commendable.
Leading a much-needed and highly progressive departure from an epoch of oil revenue dependency and federal allocations.
Akwa Ibom state has so far identified key factors to industrialization one of which is boosting the Power sector.
Governor Udom Emmanuel has seen to this by unlocking distribution via massive investments in substations and feeder lines. Installing a network of new power infrastructure around the state
and securing additional licensing for the state-owned power company thereby increasing it’s capacity from 190MW to 685MW to achieve 18 hours of power per day. Interestingly, dedicated lines and infrastructure have targeted special projects such as the airport, the Ibom Specialty Hospital and the industrial clusters in Onna, Uyo and Itu.
With both road and power infrastructure being addressed, the state government has pursued the first phase of its industrialization agenda by delivering an Electric Digital Metering Plant providing metering solutions that unbundle the legitimate concerns of investors, namely tracking power tariffs.
Also, the syringe factory which comes with a capacity large enough to cater to Nigeria’s 2 billion demand for syringes by producing 350 million units with capacity to upscale to 1 billion, is a huge step to adequately cater for both local and international markets.Hundreds of Akwa Ibom daughters and sons have been trained abroad to take up various technical and managerial aspects of these investments as part of the 350-strong human-power needs of the cluster. Thus, Man power development is a critical part of these investments.
It is commendable that I’m just 3 years and 3 months, the Industrialization agenda of Governor Udom Emmanuel has seen to the resuscitation of Peacock Paints factory and several state-owned enterprises and assets which include: Plastic factory, flour Mill, Syringe factory, Metering factory, Pencil factory, Tooth Pick industry, Coconut Refinery, Fertilizer plant ...and many more manufacturing outfits on the pipeline.
The recent establishment of the Itu Industrial layout operated under the Akwa Ibom Enterprise and Employment Scheme (AKEES) has promoted particle wood processing facilities, block making, fire resistant doors as well as bamboo conversion facilities, thereby increasing the economic impact of direct and indirect jobs for the citizenry, as well as foreign exchange opportunities with these products as exports.
With several MOUs and EOIs in place, the state continues to be the second highest destination for FDI in Nigeria, and prospects for growth in the SME sector is at its peak. International development agencies and the private sector are both positioned to forge the development of the state’s growing MSME sector. As negotiations result in executable action the huge FDI gap between Lagos and Akwa Ibom states lessens while under-developed opportunities in the later promises to render Akwa Ibom an increasingly attractive investment destination.
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