Business Hilights

Tracking Nigeria's Headline Business News Online

Energy Transport

SEMATECH must deliver Calabar-Itu Road for NCDMB’s industrial park to work

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

Strong indications have emerged suggesting that unless the contractor handling the Calabar-Itu Federal Highway, SEMATECH Construction Company delivers the dual-carriage road as soon as possible, the multi-billion naira industrial park being built by Nigerian Content Development and Monitoring Board (NCDMB) in Odukpami, Cross River State, may not achieve its purpose.

Journalists being conducted round the premises of the completed Odukpani Oil and Gas Industrial park built by NCDMB. Photo: Business Hilights

Though work is ongoing, findings show that the pace of work is not encouraging. The park is located along the road and almost opposite the Calabar Power Plant managed by NDPHC along the federal highway.

This was among the key discoveries by a team of online publishers drawn from the Guild of Corporate Online Publishers (GOCOP) that was on a guided tour of the project on Thursday, May 11. The over 100 kilometres of road that stretches from Calabar in Cross River State to Itu in Akwa-Ibom State, the publishers gathered, has been a victim of neglect by successive governments for over 20 years, according to a motorist, interviewed on the state of the road. The motorist, who pleaded anonymity, expressed regret that the road, which has attracted budgetary approvals for repairs by four successive administrations, has remained unattended to. He said the first budget to fix the road was passed during the former President Olusegun Obasanjo regime. “But it was unattended to in spite of the budget”, he revealed.

Completed and operational Admin Building at the Odukpani Oil and Gas Industrial park delivered by the NCDMB in Cross River State. Photo: Business Hilights

He added that: “When nothing came out of the Obasanjo regime’s budget proposal, the former President Goodluck Jonathan administration came and also captured it in one of their annual budgets. This also did  not achieve anything. “This ritual moved to the President Muhammadu Buhari administration. President Buhari included the road in two annual budgets during his first term in office between 2015 1nd 2019; but no work was done. “The same administration”, he revealed, “captured the road in the budgets of 2020, 2021, and 2023. This is 2023, you can see that the road is still a nightmare for motorists”.

He expressed pain that the road, which he said, serves the economic needs of the people of both Akwa-Ibom and Cross River States, could pose a major threat to the NCDMD’s industrial park under construction as “it’s not likely that serious investors would take up any space there with the road as presently is”.

The Park is a masterpiece that was well-thought out by the NCDMB to ramp up the manufacturing capacity of indigenous hands with the aim of kick-starting manufacturing of inputs for real industrialisation of Nigeria.

Calabar Power Plant, managed by the NDPG Company located almost opposite the Odukpani Oil and Gas Industrial Park along the Calabar-Itu Highway. Photo: Business Hilights
Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.