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78-688: In November 2022, the company signed a $ 145 Million financing deal with the African Export-Import Bank to construct the Ben Murray-Bruce Studios and Film Academy (BMB Studios and Film Academy) in Eko Atlantic City , in what is reported to be West Africa's largest educational and film studio complex. The origins of firm began in June 1980, when Benedict Murray-Bruce, son of a former UAC executive, secured funds from his family to start

156-551: A $ 150 million syndicated loan to the Cocoa Board of Ghana, to which it contributed $ 6.5 million. Since its creation in 1993, Afreximbank has championed the process of economic integration in Africa by directly financing the growth of intra-African trade, investing in trade facilitation, expanding trade-enabling infrastructure, and developing technological ecosystems to vault decades-old barriers to intra-African trade and investments. At

234-405: A collaborative CDD/KYC information repository platform with a special emphasis on African financial institutions and corporate to enable global institutions, partners and counter-parties to access African entities’ CDD profiles and information as well as leverage the platform to conduct customer due diligence on African entities; financial institutions, corporate and SME. Afreximbank partnered with

312-487: A consistent expansion, diversification, and development of African trade while operating as a first-class, profit-oriented, socially responsible financial institution and a center of excellence in African trade matters”. Afreximbank's mandate is to finance and promote intra- and extra-African trade using three broad services: Afreximbank has 50 African member countries. As of June 2020, the bank had four regional locations and

390-495: A distinctive naming convention of "Area" to refer to parts of Garki. These are designated as Areas 1 to 11. Garki II is used to differentiate the area from Garki Area 2. Visitors may find this system confusing. Garki is presently the principal business and administrative district of Abuja. Numerous buildings of interest are in this area. Some of them include the General Post Office, Abuja International Conference Centre along

468-461: A high net worth of individuals especially legislators as allottees, which makes it a destination for real estate investors who desire to secure the future today. It is not very clear what the government plans for the district as not much has been said by government agents, but cadastral zoning A indicates the government has good plans for Maitama 2 to correct some errors in Maitama District. It

546-459: A music promotion enterprise. The business began during Nigeria's Second Republic and was involved in promotion of American music artists in Nigeria, the firm organized promotions for such bands as The Whispers , Shalamar , Lakeside and Carrie Lucas . The enterprise later delved into a dancing competition. The group later expanded into beauty pageant. In the 1990s, after the government liberalized

624-581: A study conducted by the Nigerian Meteorological Agency and Atmospheric Science Group of Imo State University . Between 1993 and 2013, the average maximum temperature trended downward, but the average minimum and mean temperatures trended upwards. There was a downward trend for rainfall in Abuja, based on data collected between 1986 and 2016. The drought occurrence probability for Abuja increased by 15.4% between 1975 and 2014. The FCT falls within

702-719: Is 360 metres (1,180 ft). Abuja under Köppen climate classification features a tropical wet and dry climate ( Köppen : Aw ). The FCT experiences three weather conditions annually. This includes a warm, humid rainy season and a blistering dry season . In between the two, there is a brief interlude of harmattan occasioned by the northeast trade wind, with the main feature of dust haze and cloudless skies. The rainy season begins from April and ends in October, when daytime temperatures reach 28 °C (82.4 °F) to 30 °C (86.0 °F) and nighttime lows hover around 22 °C (71.6 °F) to 23 °C (73.4 °F). In

780-683: Is Afreximbank’s highest decision-making body. The General Meeting of shareholders, through the respective share classes, elects the members of the Bank’s Board of Directors and appoints the President of the Bank upon the recommendation of the Board of Directors. In line with the provisions of the Charter, the Board of Directors is responsible for the general conduct of the business of Afreximbank . The day-to-day business of

858-496: Is a planned city built mainly in the 1980s based on a master plan by International Planning Associates (IPA), a consortium of three American planning and architecture firms made up of Wallace, Roberts, McHarg & Todd (WRMT – a group of architects) as the lead, Archi systems International (a subsidiary of the Howard Hughes Corporation), and Planning Research Corporation. The Central Business District of Abuja

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936-617: Is a pan-African supranational multilateral financial institution created in 1993 under the auspices of the African Development Bank . It was officially launched at the first general meeting of the shareholders in Abuja , Nigeria , in October 1993. It is headquartered in Cairo , Egypt . Afreximbank is a financial provider to African governments and private businesses in support of inter-African and Caribbean trade. Its mission is: “To stimulate

1014-647: Is distinct from Wuse Zone 2. Like other inner Abuja districts such as Asokoro or Garki, there are very few large housing estates. Instead, office buildings, mansions and apartment blocks are prominent features of the area. There are five suburban districts: Nyanya , Karu , Gwagwalada , Kubwa , and Jukwoyi . Along the Airport Road (Now Umaru Musa Yar'Adua Express Way) are clusters of satellite settlements , namely Lugbe , Chika , Kuchigworo and Pyakassa . Other satellite settlements are Idu (the main industrial zone ), Mpape , Karimu , Gwagwa , Dei-Dei (housing

1092-566: Is home to the top-bracket sections of society and business and has the reputation of being very exclusive and very expensive. Interesting buildings include the Transcorp Hilton Abuja, Nigerian Communications Commission Headquarters (NCC), National Universities Commission (NUC), Soil Conservation Complex, and Independent National Electoral Commission (INEC). The British High Commission is located along Aguiyi Ironsi Way, in Maitama. Also,

1170-425: Is known for being one of the few purpose-built capital cities in Africa, as well as being one of the wealthiest. Abuja is Nigeria's administrative and political capital. It is also a key capital on the African continent due to Nigeria's geo-political influence in regional affairs. Abuja is also a conference centre and hosts various meetings annually, such as the 2003 Commonwealth Heads of Government meeting and

1248-610: Is one of the most exclusive districts of Abuja and houses virtually all of the federal cabinet ministers as well as most of the diplomatic community in the city; in addition, the Presidential Palace (commonly referred to as the Aso Rock) is in Asokoro District. By virtue of this fact, Asokoro is the most secure area of the city. Abuja's Central District , also called Central Area, is a strip of land stretching from Aso Rock in

1326-610: Is responsible for all real-estate related activities and it currently operates in Bayelsa State and Akwa Ibom State . This division of the company is responsible for all film distribution activities. The Silverbird Mall is located in Victoria Island , Lagos. It consists of the popular Silverbird Galleria . African Export%E2%80%93Import Bank Fitch : BBB /F3 (Stable) African Export–Import Bank , also referred to as Afreximbank or Banque Africaine d’Import-Export ,

1404-524: Is the Ministry of Defense, colloquially nicknamed "Ship House". Also located here is the yet-to-be-completed National Square, Millennium tower and Nigeria Cultural Centre multi-functional complex. The Garki District is the area in the southwest corner of the city, having the Central District to the north and the Asokoro District to the east. The district is subdivided into units called "Areas". Garki uses

1482-728: Is the city park, which is located in Wuse 2 and is home to numerous outdoor and indoor attractions such as a 4D cinema, Astro-turf, lawn tennis court, paintball arena and a variety of restaurants. The National Children's Park and Zoo host a number of animals and recreation spots. Abuja has a variety of informal spaces known as "Bush Bars" that usually, though not always, include a covered area with tables and chairs where people can sit and have drinks (alcoholic and non-alcoholic) and sometimes there are snacks such as suya , grilled catfish , pounded yam , egusi soup and other small items available for purchase. They are located all over Abuja. The elevation

1560-684: The Guinean forest-savanna mosaic zone of the West African sub-region. Patches of rain forest , however, occur in the Gwagwa plains, especially in the rugged terrain to the southeastern parts of the territory, where a landscape of gullies and rough terrain is found. These areas of the Federal Capital Territory (FCT) form one of the few surviving occurrences of the mature forest vegetation in Nigeria . At

1638-805: The Millennium Tower , the Central Bank of Nigeria headquarters, the Nigerian Presidential Complex , the Ship House, the National Stadium , which was the main venue of the 2003 All Africa Games and some games, including the final, of the 2009 FIFA Under-17 World Cup, National Mosque , the National Church , Aso Rock and Zuma Rock . Abuja is home to several parks and green areas with the largest one being Millennium Park . Millennium Park

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1716-581: The Mr Nigeria pageant. From 1986 to 1991, Silverbird Productions held the franchise of Miss Intercontinental , organizing the pageant in Nigeria from 1986 to 1991. Between 1991 and 1992, the Nigerian company lost the rights to the pageant to a German company, which moved the competition to Germany , and organized it there until 2003. The Silverbird Communications comprises the company's radio station Rhythm 93.7 FM and Silverbird Television. Rhythm 93.7 FM Lagos

1794-656: The Seychelles . This meeting was the first chaired by President Dr. Benedict Oramah . The 30th Annual General Meeting was held in Accra, Ghana, from June 18–21, 2023 In October 2019, Afreximbank postponed its planned IPO, valued at US$ 250 million at the London Stock Exchange , citing ‘unfavourable market conditions’. Afreximbank has partnered with the African Development Bank , African Central Banks , and other international and national strategic partners to launch MANSA,

1872-556: The Ukraine crisis , as well as support economic recovery across the continent. The Afreximbank charter was adopted in Abuja , Nigeria, in October 1993, and its provisions regulate the bank as a corporate body. Afreximbank works with African and non-African export credit agencies, development finance institutions, commercial banks, and other multilateral institutions to support trade finance activities in Africa. Afreximbank began with an authorised share capital of US$ 750 million in 1993, but

1950-521: The diurnal temperature variation to be much larger than coastal cities with similar climates such as Lagos . Rainfall in the FCT reflects the territory's location on the windward side of the Jos Plateau and the zone of rising air masses with the city receiving frequent rainfall during the rainy season from April to October every year. The effects of climate change have been observed in Abuja, according to

2028-461: The 2006 census , the city of Abuja had a population of 776,298 and 179,674 households making it one of the ten most populous cities in Nigeria (placing eighth as of 2006). According to the United Nations, Abuja grew by 139.7% between 2000 and 2010, making it the fastest-growing city in the world. As of 2015 , the city is experiencing an annual growth of at least 35%, retaining its position as

2106-411: The 2006 census, the city of Abuja had a population of 776,298, making it than the eighth most populous city in Nigeria . United Nations figures showed that Abuja grew by 139.7% between 2000 and 2010, making it the fastest-growing city in the world. As of 2015 , the city is experiencing an annual growth of at least 35%, retaining its position as the fastest-growing city on the African continent and one of

2184-1066: The 2014 World Economic Forum (Africa) meetings. Abuja joined the UNESCO Global Network of Learning Cities in 2016. "Abuja" was in the earlier 20th century the name of the nearby town now called Suleja . The indigenous inhabitants of Abuja are the Abawa, Basa , Gwandara , Gbagyi (Gwari) having the majority population in the region. Other groups in the area include the Gade , Dibo , Egburra, Nupe and Koro . The Gwandara speaking people in Abuja are mostly found in AMAC and Bwari Area Council. Some of their villages/settlements are Wuse, Asokoro now relocated to Sabon Wuse, Aso in Niger and other neighbouring states. Others are Karshi, Kurudu, Nyanya , Idu, Gwagwa, Jiwa, Sheretti, Karmo, Takunshara, Burum, Dutse Alhaji, Zuba, Kuje, Kwoi, Karon-Magaji, Ija, Kanwu, Sherre. In light of

2262-820: The Administration of the Federal Capital Territory has its offices in Garki. The Office of the Minister of the Federal Capital Territory is in Area 11. This is the location of the Federal Capital Development Authority and other administrative buildings. A popular sub-neighbourhood here is found in the vicinity of Gimbiya Street because it has the unique characteristic of being a purely administrative zone on weekdays while transforming purely into an entertainment zone on weeknights and weekends. Other places of note include

2340-669: The African Union to launch the Pan-African Payment and Settlement System , a real-time gross settlement system for cross-border payments in local currencies. Afreximbank provided an initial sum of US$ 100 million for FEDA’s full operationalization. Its headquarters is in Kigali , Rwanda . Afreximbank commenced the construction of its African Medical Centre of Excellence (AMCE) project in Abuja , Nigeria. It will provide excellent healthcare to both low and high-income patient groups across

2418-586: The Bank held at the AfDB headquarters in Abidjan on May 8, 1993. All the countries wishing to become participating states in the Bank signed the Agreement. In addition, states that wanted to become shareholders signed the Charter. The Bank Agreement confers on the Bank the status of an international organization with full juridical personality under the laws of participating states. Under the Agreement, participating states grant to

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2496-661: The Bank is delegated to the President who is also the Chairman of the Board of Directors. Under the Charter, the President is the chief executive and legal representative of the Bank. Professor Benedict Okechukwu Oramah, a Nigerian national, is the third President and Chairman of the Board of Directors of Afreximbank, having been appointed to that position at the Annual General Meeting of Shareholders held on 13 June 2015 ,for his first five-year term. He subsequently took his oath of office on 1 September 2015. On 13 June 2020, Oramah

2574-484: The Bank, in their territories, certain immunities, exemptions, privileges, and concessions to facilitate the Bank’s business in those territories. The Bank was subsequently launched in October 1993, when the first General Meeting of Shareholders took place in Abuja. Mr. Christopher Edordu was appointed the first President of the Bank. Afreximbank began operations in 1994 and concluded its first deal that year by participating in

2652-523: The Central District is the region known as the Three Arms Zone , so-called because it houses the administrative offices of the executive, legislative and judicial arms of the federal government. A few of the other sites worth seeing in the area are the federal secretariats alongside Shehu Shagari Way, Aso Hill, the Abuja Plant Nursery, Eagle Square (which has important historic significance, as it

2730-650: The Cyprian Ekwensi Arts & Culture Centre and The Nigerian Police Mobile Force CID (Criminal Investigation Department) headquarters in Area 10. The Abuja Municipal Area Council, which is the local government administration has its headquarters in Area 10. The new United States Embassy is in the Diplomatic Zone which adjoins Garki. Maitama District is to the north of the city, with the Wuse and Central Districts lying to its southwest and southeast respectively. This area

2808-468: The International Livestock market and also International Building materials market). The Abuja skyline is made up of mostly mid-range and a few tall buildings. Only recently have tall buildings begun to appear. Most of the buildings are modern, reflecting that it is a new city. Plans were made to build skyscrapers such as the Millennium Tower which is partly completed as work has stalled for

2886-573: The Maitama District Hospital is another notable building in Maitama. Maitama District is home to many of the European and Asian embassies. Maitama II District Cadastral Zone A10 is a new district created by the FCT administration of Muhammed Bello in 2018. Maitama 2 as it is unofficially called was created from Mpape Hills, a suburb bothering the Bwari and Maitama Districts of the FCT. Maitama II has

2964-535: The Maitama II District layout. It is not clear though if a fresh allocation bearing Maitama II District has been issued to this set of allottees. Notable landmarks of the Maitama 2 district are Jubilation Avenue, Mount Pleasant Haven and Hilltop Estate. The district infrastructure is in top gear as the Federal Government had in the 2018 and 2019 budgets allocated about N1.3b for the engineering design of

3042-819: The Nigerian Armed Forces – Army, Airforce and Navy – is located on Muhammadu Buhari Way in the Garki District. The tallest building in this district is the Radio House located in the Area 11 sector, which houses the Federal Ministry of Information and Communications, the Federal Radio Corporation of Nigeria (FRCN) and Voice of Nigeria (VON). The Nigerian Television Authority (NTA) stations and corporate headquarters are also in Garki. The Federal Capital Development Authority (FCDA) which oversees and runs

3120-567: The Nigerian Government's engagement with an internationally reputable firm to design the master plan. IPA was formed by a consortium of three American firms which won the worldwide competitive bidding. The firms were Planning Research Corporation (PRC), Wallace, McHarg, Roberts and Todd, and Archisystems (a division of the Hughes Organisation). After winning the bid, and completing the project, the firms were disbanded. The final report

3198-467: The authorized share capital of the bank was increased to US$ 5 billion on December 8, 2012. On October 28, 2021, Afreximbank announced that it had embarked on a US$ 6.5 billion General Capital Increase (of which US$ 2.6 billion would be paid-in) to expand its capacity to deliver on its core mandate and diversify its range of services. As of May 2018 ,the bank's shareholders, totaling 146, were divided into four categories: The General Meeting of Shareholders

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3276-616: The biggest opposition to it was led by Obafemi Awolowo . Awolowo, as a politician and a representative of the Yoruba people, defended their claims against the move of the Capital from Lagos. During the hotly-contested campaign for the presidency, he vowed to hire the American Walt Disney Company to convert the new site (Abuja) into an amusement park if he was elected. However, after his election as president, Alhaji Shehu Shagari laid

3354-491: The busy Herbert Macaulay Way, Nicon Luxury Hotel (formally known as Abuja Sofitel Hotel and Le Meridian), Agura Hotel and Old Federal Secretariat Complex Buildings (Area 1). A new five-star hotel, Hawthorn Suites Abuja, is in Garki. Area 2 is mainly used for residential purposes, although a zoological garden, as well as a small shopping centre, are to be found here as well. Several banks and other commercial offices are located along Moshood Abiola Way in Area 7. The headquarters of

3432-543: The central areas of the capital, particularly its monumental core, was accomplished by Japanese architect Kenzo Tange , with his team of city planners at Kenzo Tange and Urtec company. Most countries relocated their embassies to Abuja, and many maintain their former embassies as consulates in Lagos , the commercial capital of Nigeria. Abuja is the headquarters of the Economic Community of West African States (ECOWAS) and

3510-675: The city is here. This district houses the Sheraton Hotel and Towers (Zone 4), Grand Ibro International Hotel, the Federal Road Safety Corps Headquarters (Zone 3), Nigerian Customs Services Headquarters, Federal Civil Service Commission (Zone 3), National Agency for Food and Drugs Administration (NAFDAC) (Zone 7), Wuse General Hospital, and the Nigerian Tourism Development Corporation . Just as Garki District has Garki II, Wuse has Wuse II. This

3588-638: The continent. The Afreximbank, in collaboration with the African Union Commission (AUC), the African Continental Free Trade Area (AfCFTA) Secretariat and the Ministry of Trade & Industry of Egypt hosted a high-level business roadshow, ahead of the Intra-African Trade Fair (IATF 2023). Afreximbank has launched the first in its series of African Quality Assurance Centres (AQAC) being set up in Nigeria, to ensure

3666-428: The country's most populous city, as the capital on 12 December 1991. Abuja's geography is defined by Aso Rock , a 400-metre (1,300 ft) monolith left by water erosion . The Presidential Complex , National Assembly , Supreme Court and much of the city extends to the south of the rock. Zuma Rock , a 792-metre (2,598 ft) monolith , lies just north of the city on the expressway to Kaduna . At

3744-458: The district. Villages around the district are living in fear of demolition at any time with the information reaching them that government will commence the infrastructure project of Maitama II District. Wuse District is the northwestern part of the city, with the Maitama District to its north and the Central District to its south. The District is numbered Zones 1–6. The Wuse Market is Abuja's principal market. The second most important post office in

3822-402: The dry season, daytime temperatures can soar as high as 40 °C (104.0 °F) and overnight temperatures can dip to 20 °C (68.0 °F). Even the coolest nights can be followed by daytime temperatures well above 30 °C (86.0 °F). The medium altitude and undulating terrain of the FCT act as a moderating influence on the weather of the territory. The city's inland location causes

3900-466: The east to the National Stadium and the Old City gate in the West. It is like the city's spinal cord, dividing it into the northern sector with Maitama and Wuse, and the southern sector with Garki and Asokoro. While each district has its own clearly demarcated commercial and residential sectors, the Central District is the city's principal Business Zone, where practically all parastatals and multinational corporations have their offices. An attractive area in

3978-419: The end of 2022, Afreximbank’s total assets and guarantees stood at US$ 31.10 billion, and its shareholder funds amounted to US$ 5.21 billion. It disbursed more than US$ 51 billion to support African economies between 2016 and 2021. In addition, from 2020 to 2022, the Bank disbursed about $ 50 billion on a revolving basis to support African countries in containing the economic consequences of the COVID-19 pandemic and

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4056-429: The entirety of the city proper (Phases 1–5) is enclosed by the Murtala Muhammed (Outer Northern-ONEX and Outer Southern-OSEX) expressways as well as the Federal A2 highway which traverses the Federal Capital Territory on its way to Kaduna (north-bound) and Lokoja (south-bound). Thus, there is an integration of the city's road network with the Federal highway network, providing access to the immediate outlying countryside and

4134-505: The ethnic and religious divisions of Nigeria , plans had been devised since Nigeria's independence to have its capital in a place deemed neutral to all major ethnic parties, and also in close proximity to all the regions of Nigeria. The location was eventually designated in the centre of the country in the early 1970s as it signified neutrality and national unity. Another impetus for Abuja came because of Lagos ' population boom that made that city overcrowded and conditions squalid. As Lagos

4212-439: The fastest-growing city on the African continent and one of the fastest-growing in the world. As of 2016, the metropolitan area of Abuja is estimated at six million people, placing it behind only Lagos as the most populous metro area in Nigeria. Major religious sites include the Nigerian National Mosque and the Nigerian National Christian Centre . The city is served by the Nnamdi Azikiwe International Airport . Abuja

4290-408: The fastest-growing in the world. Abuja has witnessed a huge influx of people into the city; the growth has led to the emergence of satellite towns, such as Karu Urban Area , Suleja , Gwagwalada, Lugbe, Kuje and smaller settlements towards which the planned city is sprawling. The urban agglomeration centred upon Abuja had a population estimated at 3,770,000 in 2022. The metropolitan area of Abuja

4368-503: The first foundation for Abuja's infrastructure and pushed for its early completion. His first journey outside of Lagos after his election was to Abuja, where he visited contractors and workers on site to urge a speedy completion of the project. On his return, he confided in Alhaji Abubakar Koko his disappointment with the slow progress of work. Shehu Shagari rescheduled the planned relocation to Abuja from 1986 to 1982 which later proved difficult. The International Planning Associates (IPA)

4446-427: The foot of Aso Rock, while Phase 5, consisting of the newly created Kyami District covering the vicinity of the Nnamdi Azikiwe International Airport and the permanent campus of the University of Abuja, over 40 kilometres west of Aso Rock. Each Phase is separated from the other by an expressway (some still under construction); for example, Phases 1 and 2 are separated from each other by the Nnamdi Azikiwe expressway, while

4524-496: The interests of the municipality's residents. The Minister of the FCT, Nyesom Wike , heads the FCTA while AMAC's chairman is Christopher Zaka Maikalangu. For ease and co-ordination of developmental efforts, the city was divided into 'Phases' by its planners, with the city's development taking a concentric form with Phase 1, which consists of the city's inner districts-Central Area, Maitama, Asokoro, Wuse, Wuse II, Garki, Garki II, Guzape and Guzape II-at its core spreading out from

4602-446: The last few years. This structure looms 170 metres (560 ft) above the city. The tower is part of a huge cultural development complex called the Nigeria National Complex including the Nigeria Cultural Centre, a 120,000 m (1,300,000 sq ft) structure dedicated to the art and culture of Nigeria. The Cultural Centre and the Millennium Tower have been designed by the Italian architect Manfredi Nicoletti . Landmarks include

4680-449: The momentum now exhibited at the beginning of the actual implementation of the new capital could not have been achieved. The plan itself represents a milestone in the process of building the new capital city. It is a necessary element in the monumental effort about to be undertaken by the Nigerian people." The master plan for Abuja defined the general structure and major design elements of the city that are now visible. More detailed design of

4758-470: The production and export of quality agro-produce from the country. Abuja Abuja ( / ə ˈ b uː dʒ ə / ) is the capital city of the Federal Republic of Nigeria , strategically situated at the geographic midpoint of the country within the Federal Capital Territory (FCT). As the seat of the Federal Government of Nigeria , it hosts key national institutions, landmarks, and buildings spread across its over 50 districts. It replaced Lagos ,

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4836-409: The radio air waves, Silverbird established Rhythm 93.7 FM, initially, promoting a less talk more music brand. The radio started with old school jams and later began playing Afro hip hop. Though, Murray-Bruce also wanted a television license, his application was delayed as a result of conflicts with the management of the Nigerian Broadcasting Commission . In 1999, Bruce was appointed director of NTA and

4914-417: The regional headquarters of OPEC . Abuja and the FCT have experienced huge population growth; it has been reported that some areas around Abuja have been growing at 20% to 30% per year. Squatter settlements and towns have spread rapidly in and outside the city limits. Tens of thousands of people have been evicted since former FCT minister Nasir Ahmad el-Rufai started a demolition campaign in 2003. Abuja

4992-446: The surrounding states of the country i.e. Niger State to the west, Kaduna State to the north, Nasarawa State to the east and Kogi State to the south. Abuja is organised into phases, which are further divided into districts. Asokoro , the doyen of the districts, houses all of the state's lodges/guesthouses. The ECOWAS secretariat is a focal point of interest. Asokoro is to the east of Garki District and south of Central District. It

5070-493: Was already undergoing rapid economic development, the Nigerian regime felt the need to expand the economy towards the inner part of the country, and hence decided to move its capital to Abuja. The logic used was similar to the way Brazil planned its capital, Brasília . The Federal Military Government of Nigeria promulgated decree No. 6 on 4 February 1976, which initiated the removal of the Federal Capital from Lagos to Abuja. The initial work for Abuja's planning and implementation

5148-401: Was carried out by the Military Government of General's Murtala Mohammed and Olusegun Obasanjo . However, the foundation of Abuja was under the Administration of Shehu Shagari in 1979. Construction started in 1979 but, due to economic and political instability, the initial stages of the city were not complete until the late 1980s. The move of Nigeria's Capital to Abuja was controversial, and

5226-412: Was commissioned in June 1977, by the Federal Capital Development Authority (FCDA) to produce the Abuja Master Plan and its regional grid. According to the terms of reference, the master planning process was to include a review of relevant data, selection of a capital city site, preparation of regional and city plans and the accompanying design and development standards manual. IPA did not exist prior to

5304-420: Was designed by Japanese architect Kenzo Tange . The Abuja Municipal Area Council (AMAC) is the local government authority responsible for administering the city of Abuja. It operates under the oversight of the Federal Capital Territory Administration (FCTA), which governs the entire Federal Capital Territory (FCT). The AMAC's chairman is responsible for leading the council's activities and representing

5382-424: Was designed by architect Manfredi Nicoletti and was officially opened by the United Kingdom's Queen Elizabeth II (the former Queen of Nigeria ) in December 2003. Another open area park is located in Lifecamp Gwarimpa; near the residence of the Minister of the Federal Capital Territory. The park is located on a slightly raised hilltop which contains sports facilities like Basketball and Badminton courts another park

5460-466: Was established in 1997 while Silverbird Television commenced transmission in Lagos in 2003. In 2002, Rhythm 93.7 FM Port Harcourt was established and Silverbird TV was also set up. In 2008 Rhythm 93.7 FM Jos was established to serve as the bedrock of entertainment in the media space on the Plateau The Silverbird Cinema is one of the biggest cinema chains in West Africa with 69 screens in branches across Nigeria, Accra and Nairobi . The first cinema

5538-413: Was estimated in 2016 at six million people, the country's second-most populous metro area. The city has a large and growing immigrant community consisting mainly of nationals from the ECOWAS sub-region. The city has been undergoing a rapid pace of physical development over the last fifteen years. Real estate is a major driver of the Abuja economy. This correlates with the considerable growth and investment

5616-470: Was in the final stages of establishing a fifth regional office for Central Africa . As of December 2022, Afreximbank had five regional offices, as follows: Afreximbank was established in 1993 to play the role of Africa’s Exim Bank to promote and finance extra- and intra-African trade. The Agreement establishing the Bank and the Bank’s Charter were adopted at the constituent general assembly meeting of

5694-604: Was in this grounds that the present democratic dispensation had its origin on 29 May 1999) and in which all subsequent Presidential Inauguration ceremonies have taken place. The Tomb of the Unknown Soldier is situated across Shehu Shagari Way facing Eagle Square. This section is usually closed to traffic during the annual Armed Forces Remembrance Day ceremonies that is observed on 15 January. The National Mosque and National Church of Nigeria are opposite each other on either side of Independence Avenue. A well-known government office

5772-457: Was learned that plots of land were revoked from allottees of Mpape district to create the new Maitama II District, although a compensation plan is underway to relocate the revoked allottees to another district the government intends to create. Fortunately, some developers of the Mpape district who have building plan approval and have started building maintain their plots and allocations and are covered in

5850-630: Was opened in May 2004 at the Silverbird Galleria in Victoria Island, Lagos. Massive commercial success has given rise to the opening of additional multiplexes in different locations across Nigeria. As of 2016, Silverbird has cinemas in the following cities in Nigeria: Abuja, Lagos, Uyo, Warri and Port Harcourt. Silverbird Properties is one of the fastest growing divisions of the company. This division

5928-411: Was reappointed by the Bank’s shareholders for a second five-year term as President and Chairman of the Board of Directors. Oramah was preceded in office by Jean-Louis Ekra, who served from 2005 to 2015 and who, in turn, succeeded Christopher Edordu, the pioneer President who was in office from 1993 to 2005. The 23rd Annual General Meeting of the bank's shareholders was held from July 18 to 24, 2016 in

6006-467: Was soon able to get approval for Silverbird Television. The television station initially filled programming slots with syndicated foreign shows. Silverbird Productions is a division of the company that organizes the Most Beautiful Girl in Nigeria pageant which began as Miss Universe Nigeria in 1983 but was later renamed to its present name. This division is also responsible in the organization of

6084-435: Was submitted to the pioneer Executive Secretary of FCDA, Alhaji Abubakar Koko , on 15 February 1979. In the preface to the master plan, the following declaration was made by IPA: "The master plan for Abuja the new Capital City of Nigeria represents the culmination of 18 months' work by the Federal Capital Development Authority (FCDA) board, and several advisory panel consultants. Without the unstinting efforts of these experts,

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