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Enugu Govt increases stake in Lion Business Park

Last updated: April 22, 2025 4:57 pm
2 years ago Kelechi Ekeledo
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Enugu State Governor, Peter Mbah

The Enugu State Government has increased its investment in the Lion Business Park project, raising its equity from 15% to 45%.

This was formalized on Tuesday when the State government and project promoters signed a Memorandum of Understanding, MoU at Government House, Enugu

Governor Peter Mbah says the increased investment will enable the government to provide critical infrastructure needed to make the business park succeed.

MUS READ: Three Policemen Killed in Enugu by Suspected Armed Gang

The Enugu Lion Business Park is a Public-Private Partnership, PPP aimed at creating an industrial hub to tackle manufacturing and trade challenges in Nigeria.

(Editor: Oloyede Oworu)

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