Entrepreneur Obi Cubana recently announced plans to establish a tricycle assembly plant in Ebonyi State.
Following discussions with Governor Francis Nwifuru, he emphasized Ebonyi’s improved infrastructure and security.
Highlighting the state’s peaceful environment, he praised Nwifuru’s efforts to attract investors through business-friendly policies.
“I commend Governor Nwifuru for fostering an enabling climate for industrial growth,” Cubana stated publicly.
The initiative will specialize in assembling and selling tricycles to boost local employment opportunities.
Cubana stressed the importance of prioritizing investments in his home state over other regions.
“As prominent businessmen, we cannot ignore Ebonyi while expanding elsewhere,” he asserted during the briefing.
He pledged alignment with the state’s industrialization goals, particularly in agriculture and manufacturing sectors.
Expressing optimism, Cubana confirmed visible project advancements would emerge within the next few months.
Preparatory activities are ongoing to ensure swift operational launch,” he added without specifying timelines.
The plant aims to stimulate Ebonyi’s economy by generating jobs and enhancing technical skills.
This project supports Nwifuru’s vision to transform Ebonyi into a premier investment destination nationwide.
Additional details regarding production targets and workforce size will be disclosed as developments unfold.
Local leaders welcomed the initiative, noting Cubana’s partnership with an Ebonyi-based business stakeholder influenced the decision.
Beyond tricycles, Cubana hinted at exploring agro-business ventures to diversify the state’s economic portfolio.
Residents anticipate reduced unemployment, while experts predict strengthened ancillary industries like logistics and retail.
The project reflects growing private-sector confidence in Southeast Nigeria’s development trajectory under proactive governance.
As groundwork progresses, stakeholders await tangible outcomes from this landmark public-private collaboration in Ebonyi State.
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