Nigerian President Bola Tinubu appoints InfraCorp as lead developer for Evergreen City, a green industrial zone, to make Nigeria a leading manufacturing hub for renewable energy.
Nigerian President Bola Tinubu has appointed the Infrastructure Corporation of Nigeria (InfraCorp) as lead arranger and developer of Evergreen City, a green industrial zone aimed at fostering future-oriented industrial development and making Nigeria a leading manufacturing hub in Africa for renewable energy technologies, green solutions, and climate-adaptation technologies. InfraCorp, headed by CEO Dr. Lazarus Angbazo, will be responsible for selecting partners, conducting feasibility studies, raising private funding, and coordinating with other organizations. The President also established the Presidential Steering Committee on Project Evergreen to oversee the development, comprising members from NCCC, NSIA, NASENI, REA, and SMDF.
May 19, 2024
8 Articles