ACCI SEEKS URGENT ACTION TO REVITALISE IDU INDUSTRIAL HUB
The Abuja Chamber of Commerce and Industry (ACCI) has urged government agencies and stakeholders to take immediate action to revitalise the Idu Yard Industrial Hub in the Federal Capital Territory (FCT).
The President of ACCI, Emeka Obegolu, made the call at the ACCI’s end-of-year media parley on Tuesday in Abuja.
Obegolu, a Senior Advocate of Nigeria (SAN), said the Idu Industrial Hub, if properly harnessed, has the potential to catalyse economic growth and create adequate jobs for Nigerians.
He acknowledged the challenges facing the industrial hub, including poor infrastructure, unreliable power supply, and inadequate security, which he said had hindered its full potential.
Obegolu, welcomed the recent passage of the Federal Capital Territory Administration 2024 Supplementary Appropriation Bill by the Senate describing it as an opportunity to address the longstanding issues plaguing the hub.
He called on the Federal Ministry of Industry, Trade and Investment, the FCTA, and the Small and Medium Enterprises Development Agency of Nigeria to prioritise industrial development in their budget implementation.
To revitalise the hub, Obegolu called for road rehabilitation, deployment of alternative energy solutions for stable power supply, enhanced security measures, streamlined tax processes, and youth engagement through skills development programmes.
Obegolu, emphasised the critical role of the media in advocating for change and holding stakeholders accountable.He urged journalists to continue spotlighting industrial sector challenges to catalyse action from policymakers.
