Nasarawa attracts over $500m investment in two years | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 82 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

Nasarawa State, with its huge solid mineral deposit, coupled with agricultural endowments is gradually transforming into an investors haven.

This is in line with governor Abdullahi Sule’s vision of transforming the state to an industrial hub through revitalisation of the state economy as encapsulated in his economic blueprint- The Nasarawa Economic And Development StrategyThere is, no doubt, the state is on its way to become an investment destination given the investors that had been attracted to the state.

Furthermore, Governor Sule, in his unquenchable drive to attain this rare and lofty dream of wooing investors into the state, set up the Nasarawa State Investment Development Agency . He itemised the mandate of the agency to include among others; to initiate, promote, facilitate and coordinate investments in the state through green field public private partnerships.

He acknowledged the role traditional rulers are playing by creating more friendly and enabling business environment for investors. “Furthermore, the state has attained the optimisation of a range of State Assets, which include among others the concession of the Karu Waste Recycling and Waste to Energy Project.

Other investments are the set-up of an agriculture value chain development for rice, sesame, soya, and ginger.The most recent is the Nasarawa Technology Village, which is a development of a live, work, play innovative housing and ICT Hub, with work currently ongoing. “The company is expected to run the two facilities in collaboration with key stakeholders in the transport business, such as the National Union of Road Transport Owners and National Union of Road Transport Workers, among others.

He explained that it has become necessary to concession the terminals to a private company because it has been proven that government is not a good manager of business enterprises. Sule assures both NARTO and NURTW of adequate space to accommodate their vehicles in the terminus, he, therefore, urged officials of the two transport unions to collapse all other bus stops within Lafia and Karu into the two new facilities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Keep up the good work

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines