The Nigerian government says it will continue to support States government with policies and programmes for national economic development in an effort to provide a conducive atmosphere for investors for ease of doing business in the country.
Nigeria’s Minister of Industries, Trade and Investment, Dr. Jumoke Oduwole stated this at the Nasarawa State Investment Summit, with a themed, Bold Transition: Building a legacy for Sustainable futures.
Dr. Oduwole said that the “Nasarawa State Gross Domestic Product is about 12 billion dollars, 800 million dollars in solid minerals investment while 400 million dollars in processing facilities”
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The minister believed that the State government should sustain the momentum and consistency to be transmitted into huge investment production and export jobs.
The Nasarawa State government says it has put in place an attractive incentive for investors willing to invest in the State.
The State Governor, Mr. Abdullahi Sule said the summit aims at institutionalising economic reforms and protecting investor confidence ahead of the 2027 general elections.
He said that Nasarawa State approaches a political transition in 2027, the sustainability of the reforms implemented over the last 7 years become critical for policy consideration, no doubt, political transition can create uncertainty for investors particularly when reforms are perceived as too tied to specific administration rather than for institutional framework.
“With the Assembly of distinguished and eminent personalities will give the State the opportunity to continue to mark the future of the economic landscape with a view of exploring opportunities and forged investment partnerships across Nasarawa State”, He added.
Governor Sule also said that since the inception of the summit, the State has succeeded in introducing Nasarawa State to investors and its correspondence potentials.
According to him, “for the State investment promotion effort, a strategic platform to consolidate on the existing gains and charge a pathway for the next phase of the economic transformation”.
Lafia Declaration
Governor Abdullahi Sule believed that by signing the Lafia Declaration with all relevant key stakeholders in the State, including political parties, the State legislatures, the Judiciary, the development partners, and investors with a need to sustain the State economic reforms trajectory.
He appealed to all the stakeholders, key to the Lafia Declaration ‘So that together we will sustain the milestones recorded in the past 7 years”.
The keynote speaker and Nigeria’s Vice President, Senator Kashim Shettima stated that “What Nasarawa State government pursuit here is allied with the National direction led by a courageous and reform minded leader by President Bola Tinubu’s administration”.
Senator Shettima said Nigeria is laying the foundation for an economy that protects production and enterprises across the country.
“I have no doubt that Nasarawa State is an answer to every investment, it has land, minerals, proximity, agriculture, energy prospects and most importantly it has a government that understands the consequences of inaction” Senator Shettima said.
The Nasarawa State Investment summit featured dignitaries, global investors and Captains of industries, with the focus on improving the ease of doing business and strengthening institutional foundations to support economic growth and National development across all the sectors.
