A’Ibom Govt Holds Reasonable Equity In All Private Investments Within State – Advisor

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By; PATRICK TITUS, Uyo 


Business Strategist and Investment Advisor, Mr. Udeme Etukeyen has said that Akwa Ibom State Government is a major owner of all private investments in the state having provided land and the necessary enabling environment in terms of roads, security, peace and harmony.
Etukeyen, a business strategist also lauded the state government for providing  an enabling environment for the existence and growth of  industries in the state.
He noted that the peaceful nature of the state, good roads network, state owned airline and provision of land for industries have indeed made the state a destination of choice for investors.
He spoke on a round-table discussion on the topic: “Maximising the investment potentials in Akwa Ibom state for sustainable development in the post COVID-19 era” to mark the 2021 Correspondents Chapel Week in Uyo.
Etukeyen’s assertion that the state government retains a reasonable percentage of equity in all the private investments is contrary to criticisms that the state has no stake in the industries it attracted.
His words “Akwa Ibom state government is also a major owner of all private investments in the state having provided land and the necessary enabling environment in terms of roads, security, peace and harmony.
“I suggest that the government should build and develop the Maritime sector and other investment potentials in the state to create employment opportunities and ginger it’s economy.
“There is also need for the federal government and state governments to harmonise policies that would promote industrialization and growth of private investments”..
Also speaking at the media roundtable, Chairman Akwa Ibom Human Rights Community, Clifford Thomas Esq. urged the government to maximize the investment potentials of the state by re-orientating the mindsets of the people.
“Previous governments had made cultism a credential for involvement in government and not building the consciousness of the people particularly youths to be positively active.
“The demand culture prevalent among our youths as opposed to the culture of productiveness; youths should work towards been entrepreneurs.
“Akwa Ibom state would have been the production hub of the country if the Science Park had been developed. The state government should involve the communities to help harness and drive investments”, he said.
The Senior Special Assistant to the President, Sen Ita Enang  on one hand applauded  Akwa Ibom State government for making Ibom Air the best managed airline in Nigeria, but on the other hand advised the  state government to define ownership structure of the industries it has so far attracted..

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