FG mulls support for PPP arrangement

The Federal Government has said it will continue to support the Privatization and commercialization of critical sectors that pose huge financial burden to it so as to boost the socio- economic, growth and development of the nation.

Speaking, the Minister of Science Technology and Innovation (FMSTI) Dr. Adeleke Mamora, stated this during the official presentation of the Full Business Case (FBC) certificates for the Public Private Partnership (PPP) on Monday, in Abuja.

Adeleke said that the two projects to be concessioned are Planetarium and Broadband facility with specialized theatre in which representations of the solar system galaxy and universe can be projected.

According to the Minister, with satellite, “we can gather intelligent information on tackling some of the problems retarding the growth and progress of Nigeria.”

Earlier, the Minister of State for Science, Technology and Innovation, Chief Henry Ikechukwu Ikoh, said the Federal Government will not relent in commercialization of Innovation, and assured the ministry’s unflinching support to the projects.

The Director General, National Space Research and Development Agency (NASRDA) Dr.Halilu Shaba, said that the Planetarium and Museum building were commissioned in April 2018 with the ultimate objective of providing education and entertainment services to Nigeria about space science and technology. This he noted is aimed at generating revenue for the country.

The Director General, Infrastructure, Concession Regulatory Commission,(ICRC) Dr. Joe Aniku Micheal Ohiani said that the two projects will create about 10,000 direct and indirect jobs, enhance tourism, boost capacity and create great innovation in the country.

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