Abuja — Plans have reached advanced stage by the Federal Government to globalise stakeholding in the proposed Centenary City being designed as one of the numerous activities marking the nation's 100 years of amalgamation.
Government Thursday revealed that it is making effort to ensure that corporate investors could avail themselves of the opportunity of investing in the stock expected to be quoted on the Nigeria and London Stock Exchanges.
This was made known by the Secretary to the Government of the Federation, Senator Pius Anyim ,in his welcome address at a dinner hosted by President Goodluck Jonathan for top Nigerian Chief Executive Officers at the Presidential Villa, Abuja, as part of activities marking the nation's centenary.
"It is the desire of the promoters of the city that in the nearest future, the stock of the city would be quoted on the Nigeria and London Stock Exchanges," the SGF said.
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The proposed Centenary City is yet another our White Elephant projects.Astronomical sum of money enough to build many steel complexies was sunk into Ajaokuta Steel Project alone.How many tons of steel does it produce yearly?Our Leaders are very good at squandering money unnecessarily. What about our VW factory at Lagos and our decayed infrastructures in want of repair? If at all a Mega Centenary City must be built,it should be built in Cross River State,for over a quarter of a million of our forgotten people of Bakassi. The ruling elites seem to be taking ordinary Nigerians and the downtrodden masses for granted.Nigeria already has two Mega Cities.Abuja in the North and Lagos in the West.Both built with Eastern Nigerian oil money. Abuja in particular was built from the scratch. For the sake of fairness and equity,if the Centenary City must be built,let it be sited in the old East,and indeed in Cross River for our neglected Bakassi people.