AKWA IBOM STATE GOVERNMENT ORDERS A REVIEW OF EKET-CHINA INTERNATIONAL MARKET.
Daniel Edon.
Akwa Ibom State Executive Council has reached key resolutions aimed at enhancing governance and improving the lives of Akwa Ibom people.
Some of the major decisions includes the review of the Eket-China International Market project, with an inter-ministerial committee tasked with submitting a detailed report within one month to ensure the project serves the people.
EKET-YIWU INTERNATIONAL COMMODITY MARKET, aka URUA NKA, as called by the Locals, being the location of the former Market, is a massive Foreign Direct Investment embarked on by Akwa Ibom State Government. The project has reportedly gulped about N30 Billion. It went to about 70% completion before it was abandoned due to Covid-19, and increased in forex.
When completed, the first phase of the 2-storey building commodity market, would have over 2,000 lock-up shops and open shades for groceries. About 3 million original Line items would be imported directly from China.
The commodity market would be completed with a Police Post, Bank, Cold room, Electric Turbine, Water treatment plant, an automated waste disposing equipment, Close Circuit monitoring devices in all shops and the entire environment. Most importantly, all lockup shops would be connected to the Central Air-condition System, CAS.
It is worthy to note here that, this one investment would jack up the IGR, Internal Generated Revenue, of Eket and the State, significantly. Jobs would be created, trade relationship between the foreigners and the local business people, would be boosted.
This writer has been following this project from foundation stage till when it was abandoned. I sincerely hope that the project would be completed during the era of Governor Pastor Umo Eno.
May God give our Governor the grace to complete this project so he can write his name in gold as regards this dream project.
This project is dear to the heart Eket people.