CEBU CITY, Philippines - Lopez Jaena Street located in Barangay's Parian and Tinago, Cebu City will now be called Eduardo Aboitiz Street from this day forward.

This as the City Government of Cebu together with the representatives of Aboitiz Family and Officials of Barangay's Parian and Tinago officially unveiled the Eduardo Aboitiz Markers early morning today July 19 Wednesday.

Cebu City Mayor Tommy Osmeña together with Congressman Raul Del Mar, Vice Mayor Edgardo Labella, Councilor's Margarita Osmeña and Joel Garganera, Parian Barangay Captain Jeremiah Nuñez, Tinago Barangay Captain Raffy Briones, Ramon Aboitiz Foundation Incorporated (RAFI) president and chairman Jon Ramon Aboitiz simultaneously unveiled at least three markers of the new Eduardo Aboitiz Street.

Cebu City Council Resolution Number 1290 was passed and approved by the Sangguniang Panglungsod of the City of Cebu as Cebu City Ordinance Number 1269 on November 16, 1987 renaming Lopez Jaena Street to Eduardo Aboitiz Street.

In his message, Mayor Osmeña underscored the importance to pay tribute to the Aboitiz Family for keeping their roots and contributing to the development of Cebu City, adding that there are great development plans in Cebu City especially in the Eduardo Aboitiz Street area.

The Mayor also shared that he wants Cebu Congressmen to sponsor a Bill to declare Cebu City as the Oldest City in the Philippines based from the Spanish Royal Decree signed by Spanish King Philip II granting Cebu a title of a City way back in 1595 which he just learned and discovered recently.

For his part, Jon Ramon Aboitiz thanked the Cebu City Government for the great honor bestowed upon his Father Eduardo Aboitiz with the renaming of the street.

"Thank you for recognizing my father's humanitarian and philanthropic contributions to the Cebuano Community," Aboitiz said citing the ordinance.

Meanwhile, both Captain Nuñez and Briones likewise acknowledged the contribution of the Aboitiz Family in their respective communities.

The historical activity was also attended by some Cebu City Government Department Heads and employees, other officials and personnel from Barangay's Parian and Tinago, employees of the Ramon Aboitiz Foundation Inc. (RAFI), and the local Media, among others. (By: Greggy P. SenadosCity of Cebu, Public Information Office)