By Ngwuoke Ngwuoke
The Enugu State economy is expected to grow by an additional 26 billion Naira through massive investments by foreign and local investors who have already indicated interest in the transport sector of the state.
This development was disclosed by the Commissioner for Transport, Obi Ozor, Friday, shortly after the State Executive Council meeting held at the Nike Lake Resort, Enugu, on the sidelines of the Enugu State Executive Leadership Retreat organized for senior government officials.
Addressing newsmen at the end of the meeting, Ozor said the state had already attracted investment worth ₦26 billion in the transport sector which would lead to the concession and revival of the Enugu State Transport Company (ENTRACO) Ltd, creating over 10,000 jobs for the people.
While explaining that the state is creating diverse opportunities in the economy through intra-state and inter-state CNG-powered buses, the Commissioner added that the investments would further attract assembly plants for buses and other vehicles which would enable efficient and affordable transportation system.
“This monumental transaction by Governor Peter Mbah will not only bring efficient transportation but will also move Enugu close to its industrialization goal”, the Commissioner added.
Speaking on its economic impact on the lives of the people, Ozor insisted that the investments would enable thousands of jobs for the residents, create skills through the plant assembly and “save over 3,700 tonnes of carbon dioxide per annum”.
