The Coalition of Associations in Computer Village (CACOVI) has launched a relocation campaign to create awareness for its N40 billion Information and Communications Technology (ICT) Business Park at Katangowa, Lagos.
NAN reports that the ceremony which began on Wednesday was in conjunction with Sterling Alternative Finance, Bridgeways, and the Lagos State government.
According to CACOVI President, Timi Famoroti, the inauguration was to create awareness of the reality of the relocation of Computer Village to the new ICT Business Park.
Famoroti said that the coalition had agreed to move to a more conducive environment free of any intimidation, harassment and aggression.
According to him, we deserve an international market such as the ICT park which will give members the opportunity to own their shops.
“To the members, it is an investment and an opportunity to fly.
“This project happening now is not without challenges but as leaders, we are determined to give our members a very conducive environment for business.’’
Also speaking at the event, Mr Ifeanyi Akubue, President, Phone and Allied Products Dealers Association (PAPDA), said that members were ready to relocate but the financial muscle was the challenge.
Akubue said that the Association’s leadership had decided that a bank be brought in for members to be able to have access to funds to finance their relocation.
He said that there was a need for members to work with the leaders of Computer village so as to have access to funding from the bank which would run for seven years.
According to him, the association has taken into consideration all the needs before agreeing to the relocation especially with the state government’s support.
“We are convinced that Lagos state is supporting the project and we have been to the project site.
“We told our members that plans are underway to carry everyone along and there is an opportunity for everybody to get involved even with as low as N1 million.
Mr Kehinde Apara, President, Association of Mobile Communications Device Technicians (AMCODET), said that technicians were the live stream of the ICT Business Park and as such eager to be a part.
Apara said that the event was an assurance of the reality of the project after so many years of speculation.
Also speaking, the Chief Executive Officer, Bridgeways Global Project Limited, Mr Jimmy Onyemenam, said that the relocation of Computer Village had been on for several years.
Onyemenam said that the event was to create more awareness of the reality of the relocation of Computer village.
He said that there was a need for the launch because since the construction started the associations at Computer village and businesses were not officially informed that works had started on the site.
“Also the main reason for the launch is to create further awareness and create further insight that it is affordable because Sterling bank’s alternative finance is providing funding for those who cannot afford it.
“The bank is ready to provide funding for the traders to pay back within seven years; it is more or less like a lease to own shop,’’ he said.
NAN reports that a 15 hectares expanse of land located at the Agbado Oke-Odo CDA in Alimosho has been earmarked by the Lagos state government.
The project was initiated in 2006-2007 by Asiwaju Bola Tinubu and inaugurated in 2019 by Gov. Babajide Sanwo-Olu.
Saraki in our custody, EFCC confirms arrest
Hushpuppi: Kyari’s brother deletes photos of flashy cars on Instagram
One killed as Ekiti APC ward congresses turn violent
A sex-starved marriage heading for destruction, Oyedepo counsels couples
NARD begins indefinite strike on Monday to protest doctors’ welfare
JUST IN: UNIPORT Deputy VC-designate Andrew Efemini dies two days after appointment
Ajax youngster Noah Gesser dies in car accident
Osimhen’s brace sinks Bayern Munich in Napoli’s 3-0 victory
Sound Sultan: 18 things to know about throat cancer
Court acquits ex-NBA President of N1.4bn fraud charge
Meet Igbo lady with Yoruba facial marks who was told will die if she looked in the mirror
VIDEO: DSS parades 13 suspects, recovered arms from Sunday Igboho’s residence
Igboho, Kanu: Who is naive now? BY Adekunle Ade-Adeleye
Nnamdi Kanu: A ‘circled dot’ in lion’s den BY Arogbonlo Israel
Kenya not aware of Nnamdi Kanu’s arrest – Spokesperson
Expertise in household chores doesn’t make better wives – Blessing Okoro
VIDEO: Gani Adams rallies Benin Republic monarchs for Sunday Igboho
FIDIO: Ǹjẹ́ Gbogbo Akitiyan Ìjọba Láti Mú Ẹ̀yìn Olóyè Sunday Ìgbòho Balẹ̀ Yìí Tọ́ Àbí Kò Tọ́?
VIDEO: Pastor Tunde Bakare declares National Movement
VIDEO: CCTV footage of nine-year-old suspect setting Prince Ebeano supermarket in Abuja on fire
VIDEO: Bandits release 28 abducted students of Bethel Baptist High School
VIDEO: Ladipo Market traders clash with security operatives
VIDEO: I passed through a lot in Oman, assaulted, owed wages, drugged and deported – Funmilayo Fehintola
VIDEO: Angry indigene calls out road contractor over substandard road project in Edo
Metro12 hours ago
Human trafficking: We’ve rescued 100 South East victims in six months – NAPTIP
Entertainment14 hours ago
Hollywood’s Bob Odenkirk recovering from heart attack days after collapsing on set
News15 hours ago
11 things to know about DSP Abba Kyari
Sports12 hours ago
Anxiety as AFN awaits details on Okagbare’s doping rule violation
Entertainment12 hours ago
13 things to know about Racheal Oniga
Entertainment14 hours ago
JUST IN: Screen diva Racheal Oniga dies at 64
Sports11 hours ago
Nigeria’s D’Tigers crashes out of Tokyo Olympics
Entertainment14 hours ago
Abba Kyari: Davido suspends aide, Israel DMW