Skip to content
September 24, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • How bad Calabar-Itu road delayed completion of NCDMB’s oil and gas industrial park
  • Business & Economy

How bad Calabar-Itu road delayed completion of NCDMB’s oil and gas industrial park

Admin May 12, 2023

Calabar-Itu Highway

Calabar-Itu Highway

The delayed take-off of the multi-billion naira industrial park built by Nigerian Content Development and Monitoring Board (NCDMB) in Odukpani, Cross River State, has been linked to the bad state of Calabar – Itu road.

The project which was expected to have been completed in 2022 was only being completed this year.

This is one of the discoveries by a team of online publishers drawn from the Guild of Corporate Online Publishers (GOCOP) that was on a guided tour of the project on Thursday, May 11. The over 100 kilometres of road that stretches from Calabar in Cross River State to Itu in Akwa-Ibom State, the publishers gathered, has been a victim of neglect by successive governments for over 20 years, according to a motorist, interviewed on the state of the road.

The motorist, who pleaded anonymity, expressed regret that the road, which has attracted budgetary approvals for repairs by four successive administrations, has remained unattended to. He said the first budget to fix the road was passed during the former President Olusegun Obasanjo regime. “But it was unattended to in spite of the budget”, he revealed.

He added that: “When nothing came out of the Obasanjo regime’s budget proposal, the former President Goodluck Jonathan administration came and also captured it in one of their annual budgets. This also did  not achieve anything. “This ritual moved to the President Muhammadu Buhari administration. President Buhari included the road in two annual budgets during his first term in office between 2015 1nd 2019; but no work was done. “The same administration”, he revealed, “captured the road in the budgets of 2020, 2021, and 2023. This is 2023, you can see that the road is still a nightmare for motorists”.

He expressed pain that the road, which he said, serves the economic needs of the people of both Akwa-Ibom and Cross River States, could pose a major threat to the NCDMD’s industrial park under construction as “it’s not likely that serious investors would take up any space there with the road as presently is”.

The Park is a masterpiece that was well-thought out by the NCDMB to ramp up the manufacturing capacity of indigenous hands with the aim of kick-starting manufacturing of inputs for real industrialisation of Nigeria.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Calabar-Itu road GOCOP NCDMB Odukpani Oil and Gas park

Post navigation

Previous INEC to publish personal details of candidates in November 11 governorship elections
Next FG adopts new 10 year automotive industry development plan

Related Stories

Indonesia Pertamina in talks with NUPRC for investments in Nigeria’ oil sector, eyes 2026 licensing round
  • Business & Economy

Indonesia Pertamina in talks with NUPRC for investments in Nigeria’ oil sector, eyes 2026 licensing round

September 21, 2026
Dangote refinery to double workforce, target 1.4m bpd by 2029
  • Business & Economy

Dangote refinery to double workforce, target 1.4m bpd by 2029

September 18, 2026
Tinubu boosts remote working for Nigerian professionals, backs $500m Itana innovation project
  • Business & Economy

Tinubu boosts remote working for Nigerian professionals, backs $500m Itana innovation project

September 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Ohanaeze ​‌‌‌⁠‍‍⁠⁠‌⁠‌⁠​​‍‍​‌​to unveil Igbo strategic charter at Igbo Day
  • metro

Ohanaeze ​‌‌‌⁠‍‍⁠⁠‌⁠‌⁠​​‍‍​‌​to unveil Igbo strategic charter at Igbo Day

September 23, 2026
FG Moves to Cap Rent at 40% of Workers’ Income, Targets 250,000 Abandoned Housing Units
  • National News

FG Moves to Cap Rent at 40% of Workers’ Income, Targets 250,000 Abandoned Housing Units

September 23, 2026
Diverting tithes, offerings, zakat to private businesses criminal – EFCC warns
  • National News

Diverting tithes, offerings, zakat to private businesses criminal – EFCC warns

September 23, 2026
EFCC, Religious Leaders Partner to Fight Corruption as SGF Unveils Anti-Graft Manual Scammers
  • National News

EFCC, Religious Leaders Partner to Fight Corruption as SGF Unveils Anti-Graft Manual

September 23, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.