As part of commitment to tackling the issue of underdevelopment
bedevilling the Northern region, Chairman of Northern States Governors’
Forum and Governor of Platueau State, Simon Lalong has commissioned N793
Mall in Kaduna.
The mall was built by northern conglomerate, the New Nigerian Development Company (NNDC).
Commissioning
the three-storey Mall on Muhammadu Buhari Way, Lalong, accompanied by
other northern Governors, expressed optimism that such investments would
tackle the underdevelopment bedevilling the region and better the lives
of the people.
He, however, commended the Board and Management of the company for the initiative.
Chairman
Board of NNDC, Tanimu Yakubu, said the company was initially known as
the Northern Regional Production and Development Board, (NRPDB) was
established in 1949 to catalyse the economic and social development of
the then Northern region.
He said that the NNDC is a diversified
holding company with a worthy heritage and an enviable track record of
achievements, providing a wide range of financial and professional
advisory services.
According to him, the company’s objective is
to be a resounding commercial success in its operations especially with
its interest in real estate development, which is one of the major
purveyors in the Nigerian economy with considerable opportunities within
the northern region.
The NNDC chairman disclosed that the
decision to develop the ultra -modern shopping Mall; a three-story
edifice with state-of-the-art facilities, was part of a 5-Year Strategic
Plan of the company and was solely financed 100 per cent at the total
cost of N793m by the NNDC.