Tinubu: Wike opening Abuja for businesses, investment

President Bola Tinubu says the Minister of the Federal Capital Territory (FCT), Nyesom Wike, is opening the Abuja for businesses, housing, and investment with the various projects executed in the nation’s capital.

Tinubu said this while inaugurating the right-hand service carriageway of the Inter Northern Expressway (INEX), from Ring Road III to Outer Northern Expressway, ONEX (Murtala Mohammed Expressway) in Abuja on Tuesday, June 24, 2025.

The project was among the 10 inaugurated projects out of the 17 projects outlined for inauguration to celebrate Tinubu’s second year in office.

Tinubu, who was represented by Deputy Senate President Barau Jibrin, described the newly constructed INEX as a “critical piece” of the Federal Territory Master Plan.

He added that the road was designed to ease traffic flow, enhance connectivity, and improve urban mobility for millions of commuters, residents, and businesses in Abuja.

Tinubu commended the FCT Administration led by Wike, for his vision and commitment to quality and timely execution of projects.

The president stated: “This vital carriageway we inaugurated today is not just a road, it is a symbol of progress and a reflection of my administration’s Renewed Hope Agenda.

“An agenda committed to building infrastructure that serves the people, unlocks economic potential and supports sustainable development.”

The road, he said, would not only connect key junctions, but also facilitate safer and faster movement within Abuja transportation corridors.

Tinubu added: “It will open more opportunities for businesses, housing, and investment in the adjoining districts.

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“It is quite apt to say that projects like these are a testament to what we can achieve when planning, execution and leadership are aligned with purpose.

“We are determined to replicate these sources in every part of the country with roads, bridges, railways, and more ensuring that no region is left behind.”

On his part, Wike said the 16-kilometre road was awarded in 2014 at the cost of N7 billion but was executed and completed by the current administration at N31 billion due to inflation and variation.

The minister stated that the completion of the project was in line with Tinubu’s renewed hope agenda, to complete ongoing projects that would impact the life and the economy of the people.

He commended Tinubu for the commitment to making sure that a project of this nature was concluded.

Wike said: “This is the industrial site of Abuja. The Industrial Park is somewhere close, and the developer had not been encouraged until the Tinubu Administration rescued the situation.

“The Industrial Park, when completed, will create 40,000 direct jobs. If we are able to give them support, some of the problems will be solved.

“I will continue to do the best under the renewed hop agenda for the interest of our country and for the interest of Abuja.”

The Star

Segun Ojo

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