CHINA, RUSSIA, IRAN WARSHIPS ARRIVE IN SOUTH AFRICA FOR MILITARY EXERCISES. (PHOTO).

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 China, Russia, Iran warships arrive in South Africa for military exercises Chinese, Russian and Iranian warships arrived in South African waters for a week of naval drills starting Friday off the coast of Cape Town. The Chinese-led drills were organized last year under the BRICS bloc of developing nations and South Africa's armed forces said they will bring members of the bloc together to practice maritime safety and anti-piracy operations and “deepen cooperation.” China, Russia and South Africa are longtime members of BRICS, while Iran joined the group in 2024. It was not immediately clear if other countries from the BRICS group — which also includes Brazil, India and the United Arab Emirates among others — would take part in the drills. A spokesperson for the South African armed forces said he wasn't yet able to confirm all the countries participating in the drills, which are due to run until next Friday. Chinese, Russian and Iranian ships have been seen moving into and out ...
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PRES. TINUBU APPOINTS INFRACORP AS LEAD DEVELOPER OF NIGERIA’S GREEN INDUSTRIAL ZONE, EVERGREEN CITY.(PHOTO).#PRESS RELEASE

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STATE HOUSE PRESS RELEASE


PRESIDENT TINUBU APPOINTS INFRACORP AS LEAD DEVELOPER OF NIGERIA’S GREEN INDUSTRIAL ZONE, EVERGREEN CITY



In line with his commitment to ensure industrial development that meets the demands of the present and the future, President Bola Tinubu has approved the appointment of The Infrastructure Corporation of Nigeria (InfraCorp) as the Lead Arranger and Developer of Evergreen City, Nigeria’s green industrial zone, with the following terms of reference:


(1) Selection of partners/consultants to undertake critical development activities, including project design, environmental impact assessments, feasibility studies, financial modelling, and market engagement.


(2) Raising private funding for the development of the city and constituent projects.


(3) Coordinating with partners, development institutions, and other providers of capital and technical assistance.


(4) Reporting to the Supervisory Presidential Steering Committee on Project Evergreen


Dr. Lazarus Angbazo, CEO of InfraCorp, holds a first-class Bachelor’s degree in Mathematics; a Master’s degree in Industrial Engineering and Operations Research from the University of Iowa, and a Doctorate degree in Corporate Finance from the New York University.


He was President and Chief Executive Officer of General Electric in Nigeria, where he doubled GE's revenue. He was also the CEO of General Electric Grid Solutions Africa and led GE's regional operations between 2008 and 2012 as President and CEO, West, East & Central Africa.


Furthermore, the President has approved the establishment of the Presidential Steering Committee on Project Evergreen, the supervisory technical working group, to oversee the pioneering endeavour.


The Presidential Steering Committee is composed of the following members:


(1) Special Presidential Envoy on Climate Action - Chairman 


(2) Lolade Abiola (UN SE4ALL) - Secretary 


(3) Lazarus Angbazo (CEO, InfraCorp) - Member


(4) Salisu Dahiru (CEO, NCCC) - Member 


(5) Aminu Umar-Sadiq (CEO, NSIA) - Member


(6) Khalil Halilu (CEO, NASENI) - Member 


(7) Abba Abubabkar Aliyu (CEO, REA) - Member 


(8) Fatima Shinkafi (CEO, SMDF) - Member 


(9) Uzoma Nwagba (CEO, CrediCorp) - Member 


(10) Bala Bello (Deputy Governor, CBN) - Member 


(11) Teni Majekodunmi (NCCC) - Member 


(12) Nana Maidugu (NSIA) - Member 


(13) Michael Ivenso (NCCC) - Member 


(14) Suleiman Yusuf (Blue Camel Energy) - Member 


(15) Chidi Ajaere (Jet EV) - Member


The President expects absolute dedication and professionalism to drive this critical project with the clear objective of making Nigeria the leading manufacturing hub in Africa for renewable energy technologies, green solutions, and climate-adaptation technologies for the maximum benefit of Nigerians and Africans at large.


Chief Ajuri Ngelale 


Special Adviser to the President


(Media & Publicity)


May 19, 2024

 

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