President Bola Tinubu has approved the appointment of the Infrastructure Corporation of Nigeria (InfraCorp) as the lead arranger and developer of Evergreen City, Nigeria’s green industrial zone.
Tinubu also approved the appointment of his spokesman Ajuri Ngelale as special presidential envoy on climate action and chairman of Project Evergreen, the supervisory technical working group to oversee the pioneering endeavour.
Ngelale made this known in a statement on Sunday.
He said this was in line with the president’s commitment to ensure industrial development that meets the demands of the present and the future.
He said that the terms of reference of the InfraCorp are 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.
According to Ngelale, secretary of the committee is Lolade Abiola (UN SE4ALL).
The members are Lazarus Angbazo (CEO, InfraCorp), Salisu Dahiru (CEO, NCCC); Aminu Umar-Sadiq (CEO, NSIA), and Khalil Halilu (CEO, NASENI).
Other members are Abba Abubabkar 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).