Akwa Ibom State Government is sparing no expense in the construction of Ibom Towers in Lagos. Bennett Oghifo writes

The Ibom Towers is designed to be rendered as a game changer in Victoria Island, Lagos, where there are many exquisite buildings of similar grandeur.

The Towers is being developed by Akwa Ibom State Government, through the Akwa Ibom Investment Corporation, as part of the Arise Agenda investment in real estate property in Victoria Island, Lagos.

The 18-Storey Ibom Towers will sit on 2,191,22sqm, a land purchased by the state in the ‘90s. It is situated in a prime area of Lagos State, which over the years remained underutilised and dilapidated, according to the Governor of Akwa Ibom State, Umo Eno, at the groundbreaking last week.

The Ibom Towers is designed to have 32 residential units; luxurious four-bedroom duplex penthouse apartment, heightened security features and fences, standby power supply, entrance driveway, landscaped gardens, and a captivating water feature. The grand reception hall leads to state-of-the-art lifts and staircases, ensuring seamless access – multi level parking for up to 102 cars, all of which will generate substantial employment opportunities, driving economic growth and improving livelihoods which will have a multiplier effect on the economy.

The Towers will help increase the internally generated revenue of the State as it must diversify, grow more streams of income, and expand its portfolios.

The Governor stated that the accrued revenues of the Ibom Towers will be reinvested into major sectors like agriculture, as it will help alleviate food insecurity in the state and increase the spread of prosperity to the citizenry.

“We will continue to build compassionate homes for the poorest and neediest, we will continue to provide food vouchers to the most vulnerable as a temporary measure to mitigate hunger while still encouraging our people to farm. We will continue to execute audacious projects such as the soon to be opened ARISE Park, which is primed to be a wonder in tourism, leisure and entertainment.” Eno said.

The present Administration has embarked on Redemption, Remediation and Repositioning (RRR) of the landed property for better economic use. The project will therefore be offering an unparalleled living experience, which represents a significant economic opportunity for investors in both Lagos and Akwa Ibom states.

Governor Eno commended President Bola Tinubu for his visionary leadership which transformed Lagos to an investment hub in Africa and thanked the Lagos state governor, Babajide Sanwo-Olu, who was at the event, for his cooperation, as well as the agencies concerned. He assured the governor of his full compliance with the Lagos state physical planning rules and regulations.