Brazilian investors to build satellite town, new district in Abuja- Minister

Bala Mohammed, FCT Minister

The minister said a memorandum of understanding had already been signed.

The Abuja administration has approved the request of a consortium of Brazilian investors to build a model satellite city in Abuja that would depict the Brazilian character and flavor as well as boost the bilateral and cultural ties between Nigeria and Brazil.

This is contained in a statement on Saturday by Nosike Ogbuenyi, the Abuja minister’s spokesperson who stated the discussions held at a dinner in the Nigerian capital.

Mr. Ogbuenyi quoted the Abuja Minister, Bala Mohammed, as saying this during a dinner and interactive session the minister hosted in honour of 50 visiting Brazilian businessmen at his official residence in Life Camp, Abuja, at the weekend. Mr. Mohammed pointed out that the Brazilians would undertake the multi-billion naira investment under the land swap programme recently introduced by the Administration to fast-track infrastructure and housing development in the Nation’s Capital.

According to the minister, the Brazilian investors were set to sign a memorandum of understanding (MoU) with the Abuja Administration to define the legal and physical framework for the collaboration. He said the two parties have resolved that the MoU would be signed before the Brazilians depart for home at the end of their current visit.

In addition to their participation in the land swap programme, Senator Bala Mohammed announced that the Brazilians have also indicated interest in developing an industrial park, a mono rail transport system, a world class hospital and a standard university in the Nigerian capital.

Mr. Mohammed, had earlier in a power point presentation reeled out Abuja’ investment attractions such as centrality of location, excellent infrastructure, abundance of rich natural resources, relative security, neutral character and cosmopolitan ambience.

He told the Brazilians about Abuja’s strategic location as a territory that can be accessed from any part of the country by flight in less than one hour and from any part of the African continent in less than seven hours. Abuja’s unique position as the foremost regional, continental, and global conference centre in Africa was also highlighted by the Minister during the presentation.

Earlier, the leader of the Brazilian delegation and the Secretary of Agriculture in the Brazilian State of Grande Do Sul, Rio Fernando Malwardi had stated that they were in Abuja to explore greater bilateral collaboration with Brasilia the capital of Brazil and Grande Do Sul on one hand; and Abuja on the other.

He hailed the Abuja administration for the various measures put in place to accelerate the development of the Nigerian capital in line with best global standards adding that he has no doubt that within the next couple of years, Abuja would rank among the best cities in the world. He said they were delighted to learn that the Abuja master plan envisages the development of the city in a similar manner as Brasilia the capital city of Brazil. He described Nigeria as an important trading partner of Brazil

In his remark, the Nigerian Ambassador to Brazil, Vincent Okoedion, said Nigeria would benefit immensely from closer bilateral relations with Brazil. He said that Brazil recently displaced Great Britain as the sixth strongest economy in the world.

The dinner witnessed interactive sessions, cultural dances, songs, entertainments and exchange of gifts.

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