Akwa Ibom State has made a significant move into Lagos’s thriving property market with the groundbreaking of the 18-storey Ibom Towers in Victoria Island.
The ceremony, attended by dignitaries from both states, signifies the state’s commitment to diversifying its investment portfolio.
Governor Umo Eno emphasized the importance of generating multiple income streams, stating, “The Ibom Towers will help increase our internally generated revenue and raise our profile.” He acknowledged the wisdom of past leaders in investing in Lagos’s real estate market, which has now yielded substantial returns.
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Eno reiterated his administration’s focus on compassion and infrastructure, promising ongoing projects to enhance the wellbeing of citizens, including the upcoming ARISE Park, which aims to boost tourism.
He also praised President Bola Tinubu for his leadership in transforming Lagos into an investment hub and thanked Lagos State Governor Babajide Sanwo-Olu for his support.
Governor Sanwo-Olu described Lagos as a focal point for investment, assuring that Governor Eno’s decision to invest in the state’s real estate market will prove fruitful. Former Governor Obong Victor Attah lauded the project as visionary, affirming that those who envision possibilities will shape the future.
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