Governor Abdullahi Sule has highlighted major economic
reforms and investment milestones achieved under his administration, as the
state prepares for its 2026 investment summit.
Speaking at the event, themed “Bold Transitions:
Building a Legacy for Sustainable Futures,” Sule said the initiative
reflects seven years of deliberate efforts to attract investors and strengthen
institutions that support economic development.
Focus on Business Reforms and Investment
Growth
The governor explained that his administration has
prioritised improving the ease of doing business, reforming land administration
systems, and encouraging private sector participation across key sectors such
as agriculture, mining, manufacturing, and infrastructure.
He noted that these reforms have positioned Nasarawa
among Nigeria’s most competitive states, according to global
ease-of-doing-business rankings.
Ensuring Continuity Beyond 2027
Sule described the 2026 summit as the final edition
under his leadership, stressing that its purpose goes beyond attracting
investments.
He said it is designed to assure investors that the
state’s progress is built on strong institutions and policies that will outlast
his tenure.
“We want investors to be confident that our policies
and structures will remain intact even after the transition in 2027,” he
stated.
High-Level Participation Expected
The governor revealed that John Mahama has been
invited to deliver the keynote address, while Nigeria’s Vice President, Kashim
Shettima, is expected as Special Guest of Honour.
Lafia Declaration and Strategic
Initiatives
A key highlight of the summit will be the unveiling of
the Lafia Declaration, a commitment expected to be signed by political
stakeholders, investors, and development partners to sustain the state’s
economic direction beyond the current administration.
The event will also feature:
The governor described the gas plan as central to the
state’s long-term industrial development.
Strong Investment Momentum
According to Ibrahim Abdullahi, Managing Director of
the Nasarawa State Investment Development Agency (NASIDA), the state has
attracted about $2.3 billion in investments since the summit began in 2022.
He disclosed that between 2022 and 2024, investments
reached $1.8 billion, with additional technical support valued at $1.3 million.
In 2025 alone, the state secured about $1 billion in
investments, with over half already implemented.
Private Sector Driving Growth
Sule expressed confidence that private sector
contributions would surpass government spending, continuing a trend seen in
previous years.
He called on stakeholders—including traditional
leaders, political actors, and citizens—to support a shared vision of sustained
economic growth and stability in Nasarawa State.
Comments:
Leave a Reply