Business & Investment

Akwa Ibom Christmas Village produces over 1 billion N in a month

Akwa Ibom Christmas Village has created over 1 billion N in value since it opened in early December.

The village on the vast land of the Cultural Center enables effective social distance and respect for the COVID-19 protocol.

Since opening on December 1, it has created more than a billion naira worth.

“Christmas Village is a statement that Acwai Bomb is ready for tourism,” added Orman Esin, director of tourism, talking to tour operators and stakeholder visiting teams.

He told the team that the state’s rich tourism potential is now ready for exploitation and that the state will launch a program in the New Year to audit its tourism assets and introduce them to the world.

According to the commissioner, Acwai Bomb Christmas Village is Africa’s largest Christmas event with its size and growth potential.

Over 600 vendors that attract thousands of visitors every night. This will be a must-see place in Nigeria every December. “

With plenty of music events, dramas, games and outdoor catering services, the village keeps the bustling spirit of Christmas high in Uyo.

Meanwhile, the state has begun the process of creating a legal framework for the Ibomb Industrial City to harness the benefits of the Ibomb Deep Sea Port project recently approved by the federal government.

Therefore, a bill will be sent to the Legislature to initiate the legislative process for industrial cities that are expected to house port projects.

Ini Emmebon, a commissioner of information and strategy who informed this in Uyo, said the state capital was decided by the state’s administrative council chaired by the governor. Udom Emmanuel.

“The Council has received a memorandum of understanding regarding the Ibomb Industrial City, which requires the creation of a legal framework for establishing the Ibomb Industrial City in order to harness the benefits of the deep sea port and its associated industrial city.

“This memo specifically sought parliamentary permission to transfer bills on this subject to parliament for legislative action.

“The council approved the memo and instructed it to be forwarded to the Acwai Bomb State Legislature.

“This industrial city is planned to strategically help maximize the profits of approved seaports,” he said.

Ememobong did not reveal when work at the Ibomb Deep Sea Port, which is estimated to cost more than $ 300 billion, will work with the Central Bank of Nigeria and the Family Housing Fund to build a large housing complex. Limited to say that they also approved the location and prerequisites for.

He said the council had instructed the Ministry of Housing to facilitate the swift start of large-scale housing projects.

Akwa Ibom Christmas Village produces over 1 billion N in a month

https://businessday.ng/news/article/akwa-ibom-christmas-village-generates-over-n1-billion-in-one-month/ Akwa Ibom Christmas Village produces over 1 billion N in a month

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