The Presidency Friday in Abuja welcomed an assurance from Centenary City PLC that all the original inhabitants of the site have been fully compensated.
Speaking after being briefed by the Chairman of the company's board of directors, General Abdulsalami Abubakar and members of its management team, President Buhari praised the Centenary City's main development partners from the United Arab Emirates for having enough confidence in Nigeria to agree to invest about $18.5bn in the project.
President Buhari also welcomed the assertion by Gen. Abubakar and his
team that the project will create about 250,000 more direct jobs in the
Federal Capital Territory and about half a million indirect jobs.
The President noted that skills, expertise and vast experience that will be brought into country to build the Centenary City on the Dubai model, will also be of immense benefit to Nigeria's overall development.
He said that he looked forward to regular updates on the Centenary City's development.
Vice President Yemi Osibanjo who was also present at the briefing, said that the issue of the rights of the original inhabitants of the site acquired for the Centenary City had been of concern to the present Administration.
"We are glad that it is being handled," he said while welcoming the assurance that compensation had been paid to those who will be displaced by the project and that the issue of their relocation was being addressed.
Gen. Abubakar and the management of the Centenary City also told President Buhari and Vice President Osinbajo that the project will be totally private sector driven.
Garba Shehu
SSA to the President
(Media & Publicity)
The President noted that skills, expertise and vast experience that will be brought into country to build the Centenary City on the Dubai model, will also be of immense benefit to Nigeria's overall development.
Vice President Yemi Osibanjo who was also present at the briefing, said that the issue of the rights of the original inhabitants of the site acquired for the Centenary City had been of concern to the present Administration.
"We are glad that it is being handled," he said while welcoming the assurance that compensation had been paid to those who will be displaced by the project and that the issue of their relocation was being addressed.
Gen. Abubakar and the management of the Centenary City also told President Buhari and Vice President Osinbajo that the project will be totally private sector driven.
Garba Shehu
SSA to the President
(Media & Publicity)
Seen.
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All hail PMB, all hail the man wer sabi.
ReplyDeleteNigerians will thank this man after 4yrs for a job well done.Things more look hazy for now,but in him I see a purpose in action
ReplyDeleteChange is here regardless of where the appointments come from or who goes to prison
God bless you my president, he keeps disappointing naysayers, they thought he was going to cancel the centenary city project. I trust him to make every dealings about the project fair and beneficial to ordinary Nigerians.
ReplyDelete~BONARIO~says so via NOKIA LUMIA
Abdulsalam Again????????????????????
ReplyDeleteMtcheew... Is that why we are here??
ReplyDeleteWay to go My Able President. Well done! Linda take note!
ReplyDeleteWay to go My Able President. Well done! Linda take note!
ReplyDeleteWay to go My Able President. Well done! Linda take note!
ReplyDeleteWay to go My Able President. Well done! Linda take note!
ReplyDeleteBaba nama
ReplyDeleteOkay...next!
ReplyDeleteThat's cool
ReplyDelete#iT Will OnLY geT beTTer
#it MuSt EnD in PraISe
Buhari the tribalistic Hausa Goat!
ReplyDeleteOk
ReplyDeletea.k.a EDWIN CHINEDU AZUBUKO said..
ReplyDelete.
Man of the people no doubt...... #NowPlaying>> booty calling: val d....
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***CURRENTLY IN JUPITER***
Okay
ReplyDeleteThis is great news! Certainly puts to rest all the negative speculations. Looking forward to owning a property there soon; plus I hear it comes fully furnished too! Whoa..
ReplyDeleteLaudable development. But I hope this compensation is actually a COMPENSATION n nut peanuts,u know what I mean?
ReplyDeleteNice one
ReplyDeleteI think GEJ started this.
I work with centenary city on contract.
ReplyDeleteThey're very nice people and also a great company.
#WATCHOUT
Wow!
ReplyDeleteDis wil mak Abuja another paradise in Africa.
Thumbs up and more power to their elbows.
And no mention was made of GEJ the brain behind the aproval of the centenary city!
ReplyDeleteBig Lie the villagers received peanuts as compensation
ReplyDeleteWOW, no be small money be dat ooo. These arabs want to buy up d planet.
ReplyDeleteSanta Abdulsalami
ReplyDeleteAbdulsalami bring back some of the stolen money... Nice
ReplyDelete