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Akwa Ibom State Governor, Pastor Umo Eno, has reiterated the government’s resolve to continuously invest in the development of the State and its future for the greater good of the citizenry.
Speaking at the July edition of Government House monthly prayer service at the Latter House Chapel, Governor’s Lodge, Uyo, he noted that every investment embarked upon by the government is well analysed to ensure good return on investments.
He said the current administration under his leadership, met a prime property in Lagos lying fallow with no revenue to the State, adding that there is need to commercialise it, especially as the real estate market is very profitable.
The State Chief Executive noted that the investment plans of the State government wouldn’t stop other development projects across the State, adding, “we will continue to invest in Akwa Ibom. Every investment we are doing is carefully planned. We don’t just wake up to do it. We take our time and annalise it. That’s why AKICORP is there. We need to invest for our State, our future, and we are very intentional about things.
“This will not stop the rural things we are doing, but we must also know that a day will come, and maybe in the future when we will be able to reap from the investment we are doing today.
“I have said it here before, I met prime properties of this state in Lagos and Abuja. Our forebears acquired these properties, but nothing was realized from it by way of income, and in these days when any government wants its property, and they realise it is abandoned, they revoke the C of O, and when they revoke it, there is nothing you can do.
“We needed to commercialize those properties. I am not doing it in my name. It is for the State. We need to benefit from the real estate market in this country, which is very profitable, and that is why we are investing in it.
“So to be clear, we are not taking Akwa Ibom money anywhere. we are converting those buildings to commercial buildings. That is what we are doing, and I believe that’s what you hired me to do,” he added.
Governor Eno acknowledged that the State was currently benefiting from the investment plans of previous administrations, adding that efforts must be made to continuously invest in the future of the State, irrespective of the current economic hardship.
