Business

Onitsha becoming ‘dead’ city, Soludo laments

Governor Charles Soludo of Anambra State has lamented the high rate of evacuation of businesses and productive assets from Onitsha to other neighbouring states.

Soludo expressed his displeasure at a strategic meeting with landlords in Onitsha on Thursday.

Landlords from Omagba Phases l and ll, GRA Onitsha Zone, Onitsha Housing Estate, American Quarters, Trans-Nkisi areas, among many others, participated in the meeting.

The governor explained that the meeting was in line with the mantra of “Be Your Brother’s Keeper’, saying that it had become necessary to dialogue on how best to reclaim Onitsha, starting from the contributions of the landlords.

While describing Onitsha city as ‘dead’, he said that everyone had one critical role or the other to play to take the city to an enviable reputation.

“Recalled that Onitsha was once known to be housing the largest market in West Africa, which is sadly no longer the case, as new businesses and investments are now tilting towards neighbouring states.

“A verifiable estimate shows that 35 to 40 per cent of businesses and productive assets in Onitsha are evacuating to neighbouring states.

“This is the reality of the situation and my administration is committed to turning around Onitsha into a smart megacity, as Onitsha has advanced into a metropolis.

“Hence, this civic engagement. I need your support to drive home the initiatives and policy thrusts of this administration,” he said.

Soludo said that the landlords would benefit the most from the engagement because the value of their assets would increase eventually.

In his remarks, Mr. Edward Ibuzo, a lawmaker representing Onitsha North Constituency II in the state House of Assembly, appreciated the governor for the meeting and promised to support the initiative.

The Star

Editor

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