Ubah builds $300m stadium in Nnewi

By Pamela Eboh, Awka on March 19, 2016

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...
Conte charges Hazard to copy ‘genius Iniesta’ ahead...

Chelsea Beat Atletico To Reach Champions League Last...

Lallana Signs Short-Term Liverpool Deal

Butt Leaves Man Utd To Pursue ‘New Challenge’...

AFCON 2023 SEMI- FINAL: Litmus Test For Nigeria...

Klopp salutes Liverpool despite draw

 

Latest News Four Nigerian cricket coaches undergo ICC course 3SC post N6m ticket revenue from South-West derby Handball: Nigeria departs for U-18 African tourney today NSC backs Amusan, Brume-led team Nigeria for Tokyo 2025 Ikoyi Club 1938 ladies stage golf tourney for 50th anniversary Onikan to host finale as Lagos HOS Games hots up Lagos to host CDS Unity Basketball Championship Aruna storms into WTT Champions Macao last 16 NFF blasts Dessers, faults Ekong after Eagles’ draw with South Africa NOC's Women Commission Concludes National Seminar Series In Owerri World Championships: Team Nigeria depart for Tokyo today Ex-Falcons laud NFF over WAFCON bonus

 

Most Read Rangers International going, going . . . (57,673 views) Amaju Pinnick: A cat with nine lives (48,858 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (46,838 views) Current issues in Nigerian sports: Matters arising (46,435 views) Sports Development: Zenith Bank on the zenith (46,420 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (46,412 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (46,230 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (45,773 views) Olopade, BET9A wave of revolution in NNL (44,891 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (43,487 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (41,927 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (41,351 views)

 

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