Osinbajo inaugurates shared facility for MSMEs

Vice President Yemi Osinbajo has stated that the Buhari administration views the South-East Zone as a significant industrial trade hub and a major contributor to Nigeria’s economic progress.
Osinbajo said this yesterday at the inauguration of the MSMEs Shared Facility at the Ogbunike Leather Trading Cluster and the Awka 120MVA 132/33KV Sub-Station, according to a statement from Senior Special Assistant to the President on Media & Publicity (Office of the Vice President), Laolu Akande.

According to him, the consideration and projects would also aid in the alleviation of poverty. According to the Vice President, the Second Niger Bridge Project, which connects Asaba in Delta State and Onitsha in Anambra State, is presently 65 percent complete and would be finished by October 2022.

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He said: “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 per cent 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.

“The cumulative effects of all these measures are 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 the conviction that Anambra State and the Southeast at large have a huge role to play in the drive to foster economic growth and lift people out of poverty. The commissioning of this facility here today is a milestone in our nation’s economic adventure.”

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