{"id":19107,"date":"2017-11-12T10:20:28","date_gmt":"2017-11-12T09:20:28","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=19107"},"modified":"2017-11-12T10:20:28","modified_gmt":"2017-11-12T09:20:28","slug":"osinbajo-n200b-benin-industrial-park-will-create-170000-jobs","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/osinbajo-n200b-benin-industrial-park-will-create-170000-jobs\/","title":{"rendered":"Osinbajo: N200b Benin Industrial Park Will Create 170,000 Jobs"},"content":{"rendered":"<p class=\"m_133459387902560143ydp23afef76MsoNormal\">The Vice President, Professor Yemi Osinbajo\u00a0on Saturday,\u00a0performed the groundbreaking ceremony of the N200 billion Benin Industrial Park at Iyanomo in Ikpoba Okha Local Government Area of Edo State.<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0Speaking at the event, Prof. Osinbajo said the industrial park will create 170, 000 direct and indirect jobs and would contribute significantly to the country\u2019s manufacturing sector.<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0He commended the Governor of Edo State, Mr Godwin Obaseki, for the huge public-private investment initiative and said: \u201cThis is what the country has been waiting for to take us to the height that we desire. Several other countries have embarked on this line of industry and succeeded. If we put in the same effort as them, we will also excel.\u201d<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0The Vice President further said, \u201cThis strategy has been adopted in some Asian countries and they have achieved economic growth, diversified their economy, and are now exporters of consumer goods.\u201d<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0He expressed optimism that the industrial park would not only lead to job creation but bring down the cost of goods and services in the state and country at large, change the face of the Nigerian economy and unleash its industrial potential.<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0He assured of the federal government\u2019s readiness to support the project and see to its completion.<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0Earlier, Governor Obaseki said the industrial park at Iyanomo is the first in the series of parks his administration intends to establish in the state to make Edo an Industrial hub.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0The governor said that the park, which is a public-private partnership initiative was designed by\u00a0Mahindra Engineering and would conform to 21st Century standard.<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0\u201cI promised that if I become the governor of Edo State I will create the enabling environment for businesses to thrive and improve the quality of lives of our people. Our goal to industrialise Edo is already yielding results and our hope is to create employment for thousands of people in the state.\u201d<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0He said that the gas that will power the industrial park already exists within the park\u2019s location and assured that the park would be built\u00a0<span class=\"aBn\"><span class=\"aQJ\">within 12 months<\/span><\/span>.<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0The governor commended the Federal Government for its relentless commitment to the industrialisation of Edo, saying that the private sector would contribute about 74 percent share of investments to the industrial park.<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0The event was chaired by the Benin Monarch, Omo N\u2019 Oba N\u2019 Edo Uku Akpolokpolo, Oba Ewuare II.<\/p>\n<p class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0Commissioner for Wealth Creation, Cooperatives and Employment, Emmanuel Usoh, said the development of the industrial park would assist in the formation of\u00a0industrial clusters that will serve as incubation centres for new businesses.<\/p>\n<div class=\"m_133459387902560143ydp23afef76MsoNormal\">\u00a0PHOTO CAPTION:<\/div>\n<div><\/div>\n<div class=\"m_133459387902560143ydp23afef76MsoNormal\">L-R: Omo N\u2019 Oba N\u2019 Edo Uku Akpolokpolo, Oba Ewuare II; former Governor of Edo State, Comrade Adams Oshiomhole; Vice President, Yemi Osinbajo; Governor of Edo State, Mr. Godwin Obaseki and Minister of State for Health, Dr. Osagie Ehanire at the ground-breaking ceremony of Benin Industrial Park (PIB) at Iyanomo, Ikpoba Okha Local Government Area, Edo State, on Saturday, November 11, 2017.<\/div>\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Vice President, Professor Yemi Osinbajo\u00a0on Saturday,\u00a0performed the groundbreaking ceremony of the N200 billion Benin Industrial Park at Iyanomo in Ikpoba Okha Local Government Area of Edo State. \u00a0Speaking at the event, Prof. Osinbajo said the industrial park will create 170, 000 direct and indirect jobs and would contribute significantly to the country\u2019s manufacturing sector. &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":19108,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17,624],"tags":[3257,2830,3256],"coauthors":[2391],"class_list":["post-19107","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-benin-city","tag-industrial-park","tag-prof-yemi-osinbajo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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