…To create 40,000 direct and indirect jobs
A consortium of companies in the United States of America (USA) called International Finance and Development Corporation (IFDC) is set to create over 40,000 direct and indirect jobs in Bayelsa state of Nigeria through investment in five key infrastructural projects in the state.
Mr. Enieye Tugba-Wilson, a Bayelsa State born US based investment facilitator led the American investors to the state governor, Senator Douye Diri in Yenagoa, the state capital, where a Memorandum of Understanding (MoU) was consummated between the government and the US investment giant.
Mr. Tugba-Wilson told our correspondent in an exclusive interview that the projects would create 40, 000 direct and indirect jobs for Bayelsans, adding that it would open up the state for further high profile projects.
The USA-based IFDC is expected to mobilize funds and resources to invest and finance a 10 MTPA capacity LNG project, 35,000 – 45,000 barrels per day capacity GTL project, 500 MW Gas to Power plant and Deep Sea Port and Port city development projects in the state.
The preliminary estimated total project cost is $17.5 Billion USD.
The President and CEO of IFDC, Mr. Kazi H. Ahmed, mandated Mr. Michael Hartman, from Germany as representative of IFDC to tidy up the investment plan and sign the agreement with the Bayelsa State Government.
Mr. Hartman who is the chairman of Lupine, accompanied by Mr. Michael C. Keeling, the Legal Advisor to IFDC and owner of Keeling Law Offices in the USA, and Managing Director of Viv Limited, Viv Tonwe Pela an intermediary between the investors and the Bayelsa State Government, based in the Niger Delta were all part of the deal that will create huge investment and jobs opportunities in the State.
On the part of Bayelsa State Government, the Commissioner for Mineral Resources, Dr. Ebieri Jones and the Attorney-General and Commissioner for Justice, Mr. Biriyai Dambo, SAN, signed the MoU with the Deputy Chief of Staff, Dr. Peter Akpe, standing as witness.
The MoU is said to have been facilitated by Mr. Enieye Tugba Wilson, a US-based Bayelsa-born facilitator, who led the team of investors.
He said the five projects would change the stories of Bayelsa State with huge revenue for the State.
The Deputy Chief of Staff, Dr. Peter Akpe, had earlier led the IFDC visiting team to meet with the Governor, Senator Douye Diri, where they briefed him on the investment opportunities.
Gov. Diri, was said to have been very excited at the projects and assured the investors of the government preparedness to provide the enabling environment for the projects to commence immediately.
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