ADVERTISEMENT

Tinubu approves InfraCorp as lead developer of Nigeria's Green Zone

The presidential spokesman said that Tinubu expected absolute dedication and professionalism to drive this critical project.

President Bola Tinubu  [Presidency]

Tinubu also approved the appointment of Chief Ajuri Ngelale as Special Presidential Envoy on Climate Action and Chairman of Project Evergreen, the supervisory technical working group, to oversee the pioneering endeavour.

This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Sunday in Abuja.

Ngelale said that this was in line with the President’s commitment to ensure industrial development that meets the demands of the present and the future.

ADVERTISEMENT

He said that the terms of reference of InfraCorp are the selection of partners/consultants to undertake critical development activities, including project design, environmental impact assessments, feasibility studies, financial modelling, and market engagement.

It will be raising private funding for the development of the city and constituent projects; coordinating with partners, development institutions, and other providers of capital and technical assistance.

It will also be reporting to the Supervisory Presidential Steering Committee on Project Evergreen.

Dr Lazarus Angbazo, who is also a member of the Presidential Steering Committee, is the CEO of InfraCorp and holds a first-class Bachelor’s degree in Mathematics.

Angbazo has a Master’s degree in Industrial Engineering and Operations Research from the University of Iowa, and a Doctorate in Corporate Finance from the New York University.

ADVERTISEMENT

He was President and Chief Executive Officer of General Electric in Nigeria, where he doubled GE’s revenue.

He was also the CEO of General Electric Grid Solutions Africa and led GE’s regional operations between 2008 and 2012 as President and CEO, of West, East & Central Africa.

Ngelale said that the president also approved the establishment of a 15-member Presidential Steering Committee on Project Evergreen, the supervisory technical working group, to oversee the pioneering endeavour.

He said that the committee is composed of the following members: Chief Ajuri Ngelale- Special Presidential Envoy on Climate Action – Chairman; Lolade Abiola (UN SE4ALL) – Secretary.

The members are Lazarus Angbazo (CEO, InfraCorp), Salisu Dahiru (CEO, NCCC); Aminu Umar-Sadiq (CEO, NSIA), and Khalil Halilu (CEO, NASENI).

ADVERTISEMENT

Other members are Abba Abubakar Aliyu (CEO, REA); Fatima Shinkafi (CEO, SMDF); Uzoma Nwagba (CEO, CrediCorp); Bala Bello (Deputy Governor, CBN) and Teni Majekodunmi (NCCC).

The rest of the members are Nana Maidugu (NSIA); Michael Ivenso (NCCC); Suleiman Yusuf (Blue Camel Energy); and Chidi Ajaere (Jet EV).

The presidential spokesman said that Tinubu expected absolute dedication and professionalism to drive this critical project.

He said the members were given the clear objective of making Nigeria the leading manufacturing hub in Africa for renewable energy technologies, green solutions, and climate-adaptation technologies.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Beyond MKO and IBB, meet 7 power players behind the June 12 crisis

Beyond MKO and IBB, meet 7 power players behind the June 12 crisis

FG reacts to report about Russia forcing Nigerian students to join Ukraine war

FG reacts to report about Russia forcing Nigerian students to join Ukraine war

Tinubu commends Tolaram Group for confidence in Nigeria’s economy

Tinubu commends Tolaram Group for confidence in Nigeria’s economy

Bill to punish electoral officers for result cancellation passes 2nd reading

Bill to punish electoral officers for result cancellation passes 2nd reading

PDP tells Tinubu to review his ‘suffocating policies’

PDP tells Tinubu to review his ‘suffocating policies’

Cholera outbreak in Lagos State claims 5 lives, hospitalises 60

Cholera outbreak in Lagos State claims 5 lives, hospitalises 60

Tinubu celebrates ex-CJN Uwais on birthday, praises his legal contributions

Tinubu celebrates ex-CJN Uwais on birthday, praises his legal contributions

Badagry ram sellers lament low sales as Sallah draws closer

Badagry ram sellers lament low sales as Sallah draws closer

President Tinubu to address nation on Democracy day at 7:00 am

President Tinubu to address nation on Democracy day at 7:00 am

Pulse Sports

'Sack him now' - Reactions as Finidi George fails to inspire Super Eagles against Benin

'Sack him now' - Reactions as Finidi George fails to inspire Super Eagles against Benin

All for women? Gabby Thomas and other female athletes accused of poor sportsmanship to Thompson-Herah

All for women? Gabby Thomas and other female athletes accused of poor sportsmanship to Thompson-Herah

Super Eagles: Nigeria are becoming World Cup qualifying no-hopers

Super Eagles: Nigeria are becoming World Cup qualifying no-hopers

NPFL Standings: What the latest title race twist means after the abandoned Rangers vs Enyimba derby

NPFL Standings: What the latest title race twist means after the abandoned Rangers vs Enyimba derby

“How much is money? — Ighalo reacts to Osimhen flaunting his private jet

“How much is money?” — Ighalo reacts to Osimhen flaunting his private jet

Benin Republic vs Nigeria: Time and where to watch Super Eagles face the Cheetahs in World Cup qualifiers

Benin Republic vs Nigeria: Time and where to watch Super Eagles face the Cheetahs in World Cup qualifiers

ADVERTISEMENT
ADVERTISEMENT