– Oloye Olajumoke Akinjide, minister of state for the Federal Capital Territory What are your assessment and appreciation of the land swap policy? The land swap policy is an innovative way of bringing the private sector into an area that hitherto only government had taken on, which is the provision of district infrastructure. You…
The Attraction of Investors
The FCT administration provides lots of incentives and the required enabling environment that make its offer irresistible The first phase of the land swap programme is oversubscribed. Over 40 investors, local and international, applied to participate out of which 15 were selected for the 16 districts in the phase one. That is about 300…
Land Swap in Other Climes
Other countries have used the Land Swap Initiative to build critical infrastructure at various times in their history The Federal Capital Territory, FCT, is not the first government to formulate the land swap policy. Research showed a litany of governments that have resorted to the initiative to fund critical infrastructure over the years across the…
‘More Countries Are Adopting Land Swap Policy’
Farouk Sani, lawyer and co-coordinator of Abuja Infrastructure Investment Centre, an agency of the FCT administration that promotes and facilitates private sector investment and public infrastructure, explains the concept and execution of the policy in this interview with Anayochukwu Agbo, general editor; Tajudeen Suleiman, senior associate editor; and Chinenye Eseke, reporter. Excerpts: What is…
We Want a City that Works
John Chukwu, permanent secretary of the Federal Capital Territory Administration is a seasoned technocrat and head of the efficient bureaucracy that supports the land swap policy. He examines the policy and its implementation in this interview with Anayochukwu Agbo, general editor, and Tajudeen Suleiman, senior associate editor We are looking at the land swap policy…
Providing a Suitable Funding Structure
The funding pattern of the land swap project is designed in a way to ensure that projects would be completed on schedule One of the beauties of the land swap programme is the dynamic financial solution it offers to all the stakeholders – the government, the subscribers and the investors. The structure of the total…
Land Swap Is a Great Ingenuity
She is a Lagos-born lawyer and Special Assistant, Legal and Multilaterals to the FCT Minister. In this interview with Anayochukwu Agbo, general editor; Chinenye Eseke, reporter and Adewale Adelola, senior photographer, Bimbola Salu-Hundeyin, discusses the legal and policy aspects of the land swap initiative in Abuja As the SA Legal and Multilaterals to the…
‘The Law Protects Investors and the FCT’
Ima Okpongete, general counsel and secretary, legal, Federal Capital Territory Administration speaks to Anayochukwu Agbo, general editor; Tajudeen Suleiman, senior associate editor; Chinenye Eseke, reporter and Adewale Adelola, senior photojournalist. Excerpts: What is the legal framework for the land swap policy? The landswap policy is a development strategy initiated by the Senator Bala Mohammed administration…
‘The Idea Is for Mr President to Leave Legacies’
Bala Mohammed, minister of the Federal Capital Territory, discusses his ambitious land swap projects, other signature projects, security and governance in the territory in this interview with Anayochukwu Agbo, general editor, and Tajudeen Suleiman, senior associate editor. He says what drives him is for President Goodluck Jonathan to leave legacies. Excerpts: Congratulations on the…
A Marketer of Distinction
It is either he has always had it or that being thrown into the ring as minister of the Federal Capital Territory, FCT, transformed Senator Bala Mohammed into a consummate marketer. A few years ago, Akpan Ekpo, professor of economics and director-general of the West African Institute for Financial and Economic Management, WAIFEM, advised that…
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