(AGENDAWATCHDOG) – The Yobe State Government has announced the release of N153.4 million (not the speculated N242 million) for the perimeter fencing of the proposed Potiskum Modern Truck Transit Park. The funds were released to Guza Integrated Nigeria Limited, the contractor handling the project.
Clarifications on the project were given by Alhaji Barma Shetima, Commissioner for Commerce, Industry, and Tourism, in an interview with the News Agency of Nigeria (NAN)
Speaking further on the project, Shetima said that the government had disbursed over N60 million compensation to the affected landowners, adding that the project would be sited on a 50-hectares land while work on the perimeter had reached about 85 percent completion.
Shetima further revealed that the project was designed with roads, parking lots, canteens, warehouses, vehicles’ garage, filling station, convenience, recreational centre, fire service, and police outpost.
The groundbreaking ceremony of the project was conducted in 2019. The park, which was initially billed to be constructed in collaboration with the Nigerian Shippers’ Council, was ultimately taken over by the state government, when the arrangement didn’t come to light, due to the significance of the project the social and economic wellbeing of the people of the state.
Potential Impact: The trailer park project, when fully operational, will create an estimated 5, 000 jobs, enhance wealth creation, and boost state revenue base. It will also help decongest and ease traffic flow in the town which has the highest concentration of trucks in the northeast region.