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Concession of TBS, Lagos Trade Fair Complex will create jobs- Minister

The Director General of Bureau of Public Enterprises, Mr Alex Okoh says the National monuments under concession will provide economic benefit to Nigerians.

He stated this at a Webinar with key Stakeholders in Abuja.

Mr Okoh said the two enterprises, Tafawa Balewa Square and Lagos International Trade Fair Complex would add value to the economy and create jobs for the teeming youths.

“Federal Government’s plan to unlock the potential the two economic hub through the injection of private sector capital and the deployment of technical capacity”. Mr Okoh stated.

Mr Alex Okoh maintained that the two enterprises are bankable and would attract local and foreign investment.

A Transaction Adviser, Arif Mohiuddin explained that the concession will be for a period of 30 years, and subject renewable by the Federal Government for another 30-year period.

The Minister of Industry, Trade and Investment, Otunba Niyi Adebayo said concession of Federal Government enterprises would promote local investment and boost the economic growth.

Otunba Adebayo said the concession of Tafawa Balewa Square and Lagos International trade fair complex would create job opportunities and attract investors.

Lagos State Governor, Mr Babajide Sanwo-Olu gave the assurance that his government would support the laudable project.

Director General, Office of Public Private Partnership, Lagos State, Open George expressed confidence that the National assets would promote industrialization.

Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, was represented by the Permanent Secretary in the Ministry, Mr Aliyu Ahmed, noted that the Ministry would leverage on the investment opportunities to encourage investors to key into the project.

Adeniyi Bakare

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