President Bola Tinubu has approved the appointment of the Infrastructure Corporation of Nigeria, InfraCorp, as the Lead Arranger and Developer of Evergreen City, Nigeria’s green industrial zone.
The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, announced this, saying that the appointment was In line with the Nigerian leader’s commitment to ensure industrial development that meets the demands of the present and the future.
The terms of reference include, Selection of partners/consultants to undertake critical development activities, including project design, environmental impact assessments, feasibility studies, financial modelling, and market engagement.
Raising private funding for the development of the city and constituent projects, among others.
In another development, the President had also approved the establishment of a 15-member Presidential Steering Committee on Project Evergreen, as the supervisory technical working group to oversee the pioneering project.
