Mildred Drake Family Trust Commits $150 Billion to Ibom Falcon Ltd Gas Project in Nigeria

OKLAHOMA CITY - Dec. 19, 2024 - PRLog -- The Mildred Drake Family Trust, an international family office, investment, and development firm, has announced a monumental $150 billion commitment to the Ibom Falcon Ltd Gas Project in Nigeria. This transformative initiative is being developed in close collaboration with Falcon Next Company Limited, the Akwa Ibom State Government of Nigeria, and other strategic stakeholders. It aligns with President Bola Ahmed Tinubu's Renewed Hope Agenda to advance sustainable economic growth and infrastructure development across Nigeria.

Planned alongside the Nigerian government, key international financial institutions, and top risk management firms, the project will create thousands of jobs, enhance critical infrastructure, and support Nigeria's transition to becoming a global leader in sustainable energy solutions.

Project Overview

The Ibom Falcon Ltd Gas Project encompasses a wide range of transformative initiatives:

• Energy and Power Infrastructure: Developing significant gas properties in the Akwa Ibom region and establishing pipelines to distribute gas to other states.
• Transportation Systems: Constructing roads, bridges, and railway networks to improve mobility and logistics.
• Real Estate and Industrial Hubs: Creating residential, commercial, and industrial zones to support urban expansion and economic diversification.

The involvement of Falcon Next Company Limited and the Akwa Ibom State Government underscores the project's alignment with regional development goals, ensuring that local communities benefit directly from the project's economic and social impact.

Leadership Statement

"We are thrilled to collaborate with Falcon Next Company Limited and the Akwa Ibom State Government on this historic endeavor," said Brooke Crawford, Communications Director of Mildred Drake Family Trust. "This project reflects our confidence in Nigeria's economic potential, our commitment to the Renewed Hope Agenda, and our dedication to driving sustainable growth, job creation, and social progress in emerging markets."

Next Steps

Leveraging proprietary investment IP, financing arrangements have already been secured, and initial project phases are underway. The Mildred Drake Family Trust's risk management partner will lead efforts to successfully fund all aspects of the project. Additionally, global contractors, financial institutions, and development partners have been engaged to ensure seamless execution.

About Mildred Drake Family Trust

The Mildred Drake Family Trust is a global leader in project development, international asset management, financial services, and risk management. With a rich legacy of expertise passed down through generations and strategic partnerships, the Trust is committed to driving economic development through sustainable investments. Its International Poverty Reduction Program exemplifies its dedication to addressing global challenges through innovative solutions.

www.mildreddrakefamilytrust.com