Wike promises support to private investors in FCT

The Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, has pledged unflagging support to private investors in the territory.

Wike made the promise when he visited the Zeberced Limited Quarry, Kubwa, in Abuja on Saturday, to see what the company was doing.

Supreme News reports that Zeberced Limited Quarry provides services in construction and quarrying of natural stones and asphalt.

The minister, who described the facility as the biggest quarry in West Africa, said that the investment was very important to the development of the territory.

He, however, pointed out that with such an enormous quarry, the cost of construction ought not to be very expensive, particularly in the FCT.

“Apart from equipment that is being imported for use in the quarry, the raw materials are available here in Abuja.

“I wonder why contractors will be talking about the cost of aggregate, as if gravels, asphalt, and stones needed for construction are imported. They are not imported; they are produced here.

“It is really amazing that we have this kind of manufacturing going on here. I really want to encourage the company,” he said.

Wike also commended the company for employing more than 800 people as workers in the quarry company.

He said, “This is the same company that is constructing the Abuja Technology Village located in Idu.

“We are going to give them all the necessary support. I am really encouraged by what I am seeing here.

“My only problem is environmental impact assessment, but the Managing Director of the company has explained that it is up to standard and that there is no problem.”