President Bola Tinubu has named a 15-man presidential steering committee on the Evergreen project.
Tinubu appointed the CEO of Infrastructure Corporation of Nigeria (InfraCorp), Dr. Lazarus Angbazo as the Lead Arranger and Developer of Evergreen City, Nigeria’s green industrial zone.
Angbazo holds a first-class Bachelor’s degree in Mathematics; a Master’s degree in Industrial Engineering and Operations Research from the University of Iowa, and a Doctorate degree in Corporate Finance from the New York University.
He was President and Chief Executive Officer of General Electric in Nigeria, where he doubled GE’s revenue.
He was also the CEO of General Electric Grid Solutions Africa and led GE’s regional operations between 2008 and 2012 as President and CEO, West, East & Central Africa.
The President also approved the establishment of the Presidential Steering Committee on Project Evergreen, the supervisory technical working group, to oversee the pioneering endeavour.
The members of the Presidential Steering Committee are as follows:
(1) Special Presidential Envoy on Climate Action – Chairman
(2) Lolade Abiola (UN SE4ALL) – Secretary
(3) Lazarus Angbazo (CEO, InfraCorp) – Member
(4) Salisu Dahiru (CEO, NCCC) – Member
(5) Aminu Umar-Sadiq (CEO, NSIA) – Member
(6) Khalil Halilu (CEO, NASENI) – Member
(7) Abba Abubabkar Aliyu (CEO, REA) – Member
(8) Fatima Shinkafi (CEO, SMDF) – Member
(9) Uzoma Nwagba (CEO, CrediCorp) – Member
(10) Bala Bello (Deputy Governor, CBN) – Member
(11) Teni Majekodunmi (NCCC) – Member
(12) Nana Maidugu (NSIA) – Member
(13) Michael Ivenso (NCCC) – Member
(14) Suleiman Yusuf (Blue Camel Energy) – Member
(15) Chidi Ajaere (Jet EV) – Member
The committee is a supervisory technical working group tasked with overseeing this groundbreaking initiative.
The terms of reference:
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(1) Selection of partners/consultants to undertake critical development activities, including project design, environmental impact assessments, feasibility studies, financial modelling, and market engagement.
(2) Raising private funding for the development of the city and constituent projects.
(3) Coordinating with partners, development institutions, and other providers of capital and technical assistance.
(4) Reporting to the Supervisory Presidential Steering Committee on Project Evergreen
The President expects absolute dedication and professionalism to drive this critical project with the clear objective of making Nigeria the leading manufacturing hub in Africa for renewable energy technologies, green solutions, and climate-adaptation technologies for the maximum benefit of Nigerians and Africans at large.
