Nasarawa Technology Village To House Innovation Hub, Real Estate, Others – Project Partners

By: Femi Esan

Nasarawa Technology Village to House Innovation Hub, Real Estate, Others – Project Partners
Nasarawa Technology Village to House Innovation Hub, Real Estate, Others – Project Partners

The Nasarawa Technology Village Project has been described as the New Nigeria investment frontier and a focus point for other states of the Federation to emulate.

The project, which was officially launched today, is a product of partnership between the Nasarawa State Government and the ABS Blueprint Limited, a foremost emerging construction company in Nigeria.

Speaking at the groundbreaking ceremony of the project held at Aso Pada in Karu Local Government Area of the state, the Managing Director of the partnering firm, Mohammed Yamusa, stated that the technology Village will house an innovation hub, real estate, training facilities, local and international companies, commercial center, Primary and secondary schools, independent power plant and a police station for security purposes.

The ABS boss, who stated that the project is estimated at Twenty-Two Billion Naira (N22 billion) also noted that the housing estate will consist of blocks of 2- and 3-bedroom bungalows, as well as 1- and 2-bedroom flats, making a total of 1500 housing units, located on a 10-hectare of land.

According to Yamusa, the project will help outsource job opportunities for graduates while also empowering youths in the state as software engineers, which is geared at achieving a knowledge-based economy in the State.

Speaking on the project time-frame, Yamusa said that against the traditional method of construction, the project handlers will deploy revolutionary method to fast-track the project completion within the space of one year.

He said the project will not only impact on the state’s economy but also help ensure affordable housing for the state’s residents.

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In the same vein, the Managing Director of Modern Shelter, one of the technical partners of the project, Abdulmalik Mahdi, commended the Nasarawa State Governor, Abdullahi Sule, for his commitment towards the development, affirming that affordable housing is possible in the country.

He said that all hands are on deck to ensure the swift complement of the project.

His words: “we are very ready and some of our financial partners were here today. Managing Directors of TAJBank, Mega Capital all the way from Lagos, and some of our partners like Jaiz Bank that could not make it today. We have already done our stakeholders engagement, we have done the likes of this project in other states successfully and there is no doubt that with the support and enthusiasm of the government through the federal ministry of technology and even the Nigeria investment promotion council that was here and all our founders are very happy and they are ready and they are waiting for us, having seen the weight of the project, and most importantly the commitment of the state government. Just like the Governor said that 40% of people in Abuja are staying here, it is high time we continued to make provision for the people.”

Speaking on the affordability of the project estate buildings, Mahdi said that the houses have been structured to meet the housing needs of every Nigerian irrespective of socio-economic status.

He said: “the Federal Mortgage Bank has a window for the non-organized private sector. As a private sector employee, you can also contribute to Federal Mortgage Bank. Once you contribute, you can now access your Fifteen Million (15 million). There are a lot of businesses here and the owners of the businesses also need a place to live. They are not excluded. All they need to do is to come into the fold, approach the Federal Mortgage Bank and we will help them. Anybody that is interested should come to us. We will help them with the registration process to enable them contribute and access the Federal Mortgage Bank loan facilities for their housing needs.

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