|
Getting your Trinity Audio player ready...
|
FG to build 1,600-capacity student hostel in Akwa Ibom
The Federal Government has announced the ground-breaking ceremony for the building of a 1,600-capacity student hostel in Akwa Ibom State.
According to a statement signed by Mohammed Manga, Director, Information & Public Relations in the Ministry of Finance, the project is part of a N98.2 billion nationwide initiative to enhance educational infrastructure.
According to the statement, the Honourable
Minister of Finance and Coordinating Minister for the Economy, Wale Edun, said that the Federal Government, in partnership with states and the private sector, will construct 24 housing facilities across 24 institutions, each with 1,600 bed spaces.
The project addresses a significant student accommodation deficit, enhancing student performance and well-being. It is also a testament to the sophistication and depth of local capital markets.
Represented by the Ministry’s Permanent Secretary Special Duties, Mr Okokon Ekanem Udo, the Minister added that, “This initiative invests in our youth and educational infrastructure, ensuring that tomorrow’s leaders have the resources and environment they need to thrive.
“It also demonstrates the private sector’s willingness and capacity to partner with government to deliver critical infrastructure projects across all geopolitical zones, to reduce the housing deficit,” Edun said.
Follow the Neptune Prime channel on WhatsApp: https://whatsapp.com/channel/0029Va74ZvU2v1IqKByXoX3d
Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com
