‘’We are committed to translating these discussions, collaborations, and agreements into actionable steps that will positively impact our environment, economy, and the well-being of our citizens.’’
The Cross River State Government said it has taken the first concrete step towards the industrialization and economic growth of the state. The state signed a Memoranda of Understanding (MoU) between it and Oando Clean Energy Limited (OCEL) for the setting of a wind power generating plant, electric vehicle assembly plant, and buses.
This was disclosed by the State Governor, Senator Bassey Edet Otu in Calabar when he addressed the media on the gains of the state government’s attendance at the COP28 event and its determination to pursue vigorously some of the outcomes of the global climate event.
Otu revealed that one of the gains, ‘’is the signing of a MoU between the Cross River State Government and Oando Clean Energy Limited (OCEL). This MoU was signed towards the development of a 100MW Wind Power Generating Plant in Akamkpa Local Council, which would significantly increase access to electric power in the State.
‘’It also includes the establishment of an Electric Vehicle (EV) assembly plant in the State, as well as the rollout of electric buses for mass transportation within the state, which will considerably reduce carbon emissions, contributing to cleaner air and a healthier environment.
‘’As part of our green credentials, Cross River State is truly blessed with abundant wind speeds that are conducive to the establishment of wind farms and power plants. Therefore, the development of the 100 MW Wind Power Plant in Akamkpa will not only significantly increase access to electric power for both residential and commercial use in urban and rural areas but also contribute to environmental protection and climate change mitigation and bring about significant economic benefits to the State.’’
He further noted, ‘’Also, the establishment of the Electric Vehicle (EV) assembly plant in our dedicated green manufacturing zone within Cross River State’s Free Trade Zone will create job opportunities, both directly in manufacturing and assembly and indirectly in associated industries.
‘’This will stimulate economic growth and enhance local skills and expertise development within the region. In addition to this, the rollout of electric vehicles for mass transportation, from highway to last mile, will significantly reduce carbon emissions.
‘’This aligns with global efforts to combat climate change. Through these two projects, the goals of developing sustainable communities within the State, stimulating economic growth from stronger investor interest, and increasing economic activity will be achieved, thereby increasing citizens’ quality of life.
The governor said Cross River is poised as the new frontier for transforming Nigeria into an eco-economy, saying, ‘’Transforming Cross River into Nigeria’s Eco-Capital – Matching words with action Moving forward, Cross River State remains steadfast in its dedication to implementing the resolutions and commitments made at COP28.
‘’We are committed to translating these discussions, collaborations, and agreements into actionable steps that will positively impact our environment, economy, and the well-being of our citizens.’’