19 June 2013, Calabar – President Goodluck Jonathan, Tuesday, inaugurated the General Electric’s $1 billion service and manufacturing facility in Calabar.
The ground breaking ceremony according to a statement, followed the Memorandum of Understanding signed by the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga; and the Global Chairman/Chief Executive Officer of GE, Mr. Jeff Emmelt, in January.
Represented by the Vice-President, Arch. Namadi Sambo, Jonathan said the groundbreaking ceremony would not only give a fine boost to the administration’s Transformation Agenda, it would also further strengthen the improved confidence in the Nigerian business environment by both local and foreign investors.
– The Nation