FG saves 80 billion dollars on capital flight in the city of Abuja


The leadership of Century City Plc in Abuja reported that the project, when it is completed, will save the country more than 8 billion dollars. USA.

The managing director of the free economic centennial economic zone, Dr. Ikechukwu Odenigwu, at a press conference in Abuja, said that the project would cover the majority of enterprises looking for Nigerians abroad.

Odenigwe said that the project will provide a state-of-the-art hospital with 400 seats with the latest equipment, adding that the design serves tourist centers and state-of-the-art sports facilities specifically designed to exchange foreign currency with sports tourists around the world.

Foreign investor and executive director of Front Range, Jaimal Shergill, noted that his group is replicating the infrastructural miracles that they achieved in Dubai in Nigeria.

Shergill explained that the project has 260 luxury villas, 139 office buildings, 313 697 places for hotel rooms and service apartments and many others.

The cost of the entire contract was 18.5 billion dollars. The US, of which already 10 billion dollars. The United States has already been included in the project as a partial payment.

Managing Director, Nigerian Export Processing Authority (NEPZA) Barrister Emmanuel Jime said that the project came at a time when the country is diversifying its economy, saying it is the right berth for economic buoyancy.


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