Government’s transformation agenda anchors on PPP- Anyim

Government’s transformation agenda anchors on PPP- Anyim
Abdul Semiu Babalola, Lagos

  
The Nigerian government says the transformation agenda of the present administration is anchored on the time tested model of Public Private Partnership (PPP) so as to fast track socio-economic development.

Secretary to the Nigeria government, senator Anyim Pius Anyim stated this on Thursday in Lagos, South West Nigeria during the official commissioning of the multi million naira Corporate Headquarters building of Japaul Nigeria Plc.

 Investment friendly environment

Senator Anyim reiterated the determination of the Nigerian government in providing the enabling environment for both local and foreign investments to flourish across the country.

According to him: “The transformation agenda will be driven on Private Public Partnership model. Government will only provide the enabling environment. What we have seen today with Japaul is a manifestation of that Partnership. We are challenging other Companies to take a cue from them. The transformation drive cannot be realized without the support of all.”

Japaul, breaking boundaries

Japaul Nigeria Plc is the first indigenous Maritime Company to be listed on the Nigerian Stock Exchange (NSE) in 2005.

From a humble beginning of two workers and with a capital base of forty thousand naira in 1997, Japaul today has transformed into a multinational diversified company with presence in other African countries, Asia and America.

Apart from involving in dredging and mining, the company is also involved in offshore, procurement, energy, maritime engineering and construction.

Many of its mining subsidiaries are located in Calabar, Ondo, and Dubai. Some of its subsidiaries are in Lagos and Port-Harcourt. It employs more than one thousand workers across these subsidiaries.

While commissioning the building, Governor Babatunde Fashola said: “I am here to support business, the growth of enterprises and employments. This is a very remarkable stride from a capital base of forty thousand naira in 1997 to what it is today.”

“There is a lesson here for all, it shows that with hard work and perseverance this country can move ahead. If you invest in infrastructure- you provide power, security, roads and good environment, naturally investors will be glad to take advantage of such incentives. This is the type of investment that will boost the economy, we want Nigerians to put their money in developmental projects that will provide jobs, rather than it in banks,” Fashola added.

Williams/Shakira