By Jonathan Ugbal Nigeria’s President, Muhammadu Buhari is set to inaugurate General Electric’s (GE) USD250 million manufacturing plant in Calabar, the Cross River State capital by the third quarter of 2017 says the president and chief executive officer of GE Nigeria, Mr. Lazarus Angbazo. Former Vice President Namadi Sambo had broke ground for GE’s ambitious
by crossriverwatch admin With an annual double digit growth rate of 30%, Nigeria’s economy ranks amongst the fastest growing in the world and that accounts for government’s aim of attaining a 4,000 Dollars Gross Domestic Product, GDP in the next ten years. President Goodluck Jonathan made this declaration on today in Calabar while performing the
by crossriverwatch admin The growing profile of Cross River State as a preferred investment destination got a boost yesterday with the announcement by General Electric of plans to establish a manufacturing and assembly facility in Calabar. The facility is part of a $1 billion investment that General Electric intends to make in the Nigerian economy