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Governor Emmanuel Plans 1.4 Billion Dollars From Moroccan For Investment

Akwa Ibom state government is finalizing plans to attract investment worth 1.4 billion Dollars from the Moroccan government as part of efforts to broaden its foreign direct investments.

Governor Udom Emmanuel made this known when he received gladiators in African football led by the President, Confederation of African Football, CAF, Mr. Patrice Motsepe who was on a courtesy visit at government house, Uyo yesterday shortly before the CAF finals between Orlando Pirates of South Africa and Nahdet Berkane of Morocco.

Addressing the African Football chiefs, Governor Emmanuel seized the occasion to highlight enormous investment opportunities in the state, assuring the envoys of a safe, secure, and lucrative business atmosphere.

These include the 21-story smart building, being one of the best for international businesses, the 36.1% oil reserve deposited in the state, the 129.1Km shoreline, good roads, and air transport infrastructures as well as the peaceful atmosphere in the state as some of the factors that support FDIs in the state.

He thanked the Moroccan Minister of Finance and President, Royal Morroco Football Federation, Mr. Lekjaa Fouzi, for his country’s $1.4 billion investment interest in the state’s Agriculture sector and urged him to fast-track the realization of the venture in the interest of both Akwa Ibom and Morocco.

Also read: Economic Potentials: Governor Emmanuel Urges Investors To Grow Businesses In A’Ibom

The Governor commended the leadership of CAF and the Nigeria Football Federation, NFF, for choosing Uyo for the sporting event, saying football has remained a potent uniting force in Nigeria, and congratulated the South African and Moroccan teams for making it to the finals.

President of Confederation of African Football (CAF) Patrice Motsepe in his remark, thanked Governor Udom Emmanuel for the warm reception accorded the CAF delegation and for ensuring that modalities were put in place for the smooth hosting of the CAF Confederation finals.

In the match played at The Godswill Akpabio International Stadium last night, Nahdet Berkane of Morocco won over the Orlando Pirates of South Africa by five goals to four, in a penalty shootout.

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