Wednesday August 12, 2026
www.thenewsdesk.ng
Former Akwa Ibom Governor Victor Attah and a consortium of local and international investors have unveiled plans to revive the multi-billion-naira Ibom Science Park project, months after Governor Umo Eno declared that his administration would not continue with the state-owned initiative, Premium TIMES reported.
The promoters said they intend to integrate the abandoned Ibom Science Park into a privately driven technology ecosystem to be known as Uyo Silicon Valley, with the World Trade Centre Uyo serving as one of its flagship components.
According to Premium TIMES, the announcement was in a communiqué issued on Thursday by The Silicon Valley Science Park (Nigeria) Limited, the company developing the project.
Businessman and the African Action Congress governorship candidate in the 2023 Akwa Ibom election, Iboro Otu, who is the company’s CEO, said Mr Attah chairs the company’s board.
The company said it has initiated discussions with the Akwa Ibom State Government to take over and develop the Ibom Science Park following Governor Eno’s public position that the government was willing to relinquish the project to a capable private investor.
“We have formally expressed interest in partnering with the state government to take over and develop the Ibom Science Park,” the company said.
It argued that integrating the abandoned state project with the proposed Uyo Silicon Valley would create one of Africa’s largest science, technology and innovation districts.
