Ubah builds $300m stadium in Nnewi

By Pamela Eboh, Awka on March 19, 2016

Views: 2,479

Businessman-turned-politician and Chairman of Capital Oil and Gas, Chief Ifeanyi Ubah, has revealed that the gigantic Olympic-size stadium he is building in his country home, Nnewi in Anambra State, will cost $300 million on completion.

He made the disclosure on Wednesday during an inspection visit of the project by the State Governor, Chief Willie Obiano. Ubah said that the sports arena would generate 5,000 jobs while other compartments to be constructed would include a games village, youth and women development centre, football academy, five-star hotel and 200-capacity residential apartment.

Ubah, who is the proprietor of Nigerian Premier League side Ifeanyi Ubah FC, used the occasion to call on South East governors to embark on aggressive rehabilitation of roads in the area to foster development.

He said: “The zone has the worst roads in the country in spite of the volume of commercial activities in the area. Though the Federal Government has more of the responsibility of rehabilitating most of busy roads in the area, the state governors should not fold theirs hand waiting while the people would suffer.

“The state of the roads here is pathetic, but I must say that the governors of South East need to be more sincere to themselves and the people.

“The issue of corruption is worrisome; some of them are building mansions for themselves rather than work for the people. I feel like crying because the plights of the masses have never been their worries and we may not achieve much if we don’t have governors that have the people at heart.”

Ubah also regretted that the NNPC Depot in Enugu which had been ineffectual since 2006 was negatively affecting the price and availability of petroleum products in the South East and called for urgent rehabilitation of the facility.

According to him, “I have played an intervention role by building a tank farm in the zone but regret that it is yet to address the problem of fuel scarcity in the area.”

He also lauded the Federal Government for its efforts to repair the depot in Enugu.

Ubah said he would partner the Government of Anambra in the area of sports, women and youth empowerment.

•Photo shows Ifeanyi Ubah FC.

Source Daily Sports

Posted March 19, 2016


 

You may also like...
No plans to leave Chelsea – Mikel

Chelsea close to signing Higuain on loan from...

EXCLUSIVE: Okumagba-led Supporters Club drags Ikpea, others to...

Nigeria hammers Ivory Coast 5-1 in first U17...

Atletico draw in Bruges to give BVB top...

Rohr Reveals Plan for New Super Eagles Striker...

 

Latest News Rohr Questions Kelechi Iheanacho’s Professionalism Messi Will Be Fit to Face Espanyol Despite Argentina Injury Amuneke Challenges Tanzania Stars to Make Afcon History New-Look Germany Set for Holland Test Aubameyang to Miss 2019 Africa Cup of Nations as Burundi Qualify For The First Time Ever Nigeria Qualify for 2020 U-19 Cricket World Cup Gerrard Rallies Liverpool Ahead of Title Push Egypt or Morocco To Win 2019 Nations Cup — Rohr Serena Williams Pulls Out of Miami Open with Knee Injury Lakers Miss Playoffs for 6th Year In A Row AFCON Qualifier: Okumagba Thumbs Up NFF, Eagles, Technical Crew for 100% Record •Calls for early preparations for Egypt 2019 World number one Osaka crashes out of Miami Open

 

Most Read Rangers International going, going . . . (45,167 views) Amaju Pinnick: A cat with nine lives (37,203 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (35,878 views) Sports Development: Zenith Bank on the zenith (35,300 views) Current issues in Nigerian sports: Matters arising (34,369 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (34,330 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (33,400 views) Olopade, BET9A wave of revolution in NNL (33,315 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (33,195 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (32,161 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (30,177 views) Let’s save Kelechi Emeteole's life! Let’s follow Omeruo, others' shining examples (29,668 views)

 

 


 

News Athletics (278) Basketball (152) Boxing (535) Columnists (408) Euro Soccer Update (4411) Fans Assembly (3) From the Grassroots (45) Golf (73) Interviews (14) Live Commentary (3) News (4792) NPL Glo Premier League (988) People and Places (22) Readers Parliament (6) Tennis (528)

 

 

Classic games

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media