Governor Bala Mohammed reaffirmed his administration’s commitment to providing an enabling environment for investors, assuring investors of full government support in protecting their interests.
The governor further disclosed that Bauchi State’s investment drive is anchored on transparency, accountability, and innovation, citing strategic partnerships with Chinese firms in agriculture, manufacturing, and infrastructure development.
Mohammed noted that the state is leveraging its abundant natural resources, youthful population, and improving infrastructure to position itself as a major economic hub in Northern Nigeria. Bauchi is agriculturally blessed-Gov Zulum
Borno State Governor, Professor Babagana Umara Zulum, says Bauchi is Agriculturally blessed state.
Speaking at the opening of the two-day Economic and Investment Summit, Governor Zulum said with 4.2 million hectares of land, Bauchi can achieve a lot in agriculture.
The governor, therefore, wooed foreign investors to come to Bauchi, as according to him the state has all the agricultural potentials needed for investment.
‘The agricultural resources needed by foreign investors and the hospitality of the people of Bauchi state is perfect enough to accommodate foreign investors.
‘Under the ease of doing business program, the government of Bauchi has provided the enabling environment for both domestic and international envestors.
The Governor, therefore, commended Governor Bala Mohammed for conceiving the Economic and Investment Summit.
He also commended the former President, Chief Olusegun Obasanjo for his Green Revolution project which he said had made a serious impact on the Nigerian agricultural sub-sector.
On his part, the Speaker, Bauchi State House of Assembly, Alhaji Abubakar Y. Sulaiman, assured investors of legal protection from the state assembly.
Sulaiman said the summit was a demonstration that Bauchi state is charting a new course in economic revitalization.
He said the state was endowed with huge natural resources, hence the need to harness such resources in order to reduce reliance on the central government.
The speaker reaffirmed the commitment of the assembly to remain a strong ally in making Bauchi a potential for investors.
Obasanjo commissions Multi-Billion Naira Bauchi International Conference Centre
Former President, Chief Olusegun Obasanjo, yesterday, commissioned the Multi-Billion Naira Bauchi International Conference Centre.
Named Sir, Ahmadu Bello International Conference Centre, Bauchi, the edifice was located directly opposite the Bauchi state Government House.
Obasanjo was accompanied by the Borno State Governor, Umara Zulum, Oyo State Deputy Governor, Bayo Lawal and Sultan of Sokoto, Alhaji Sa’ad Abubakar during the commissions of the Centre.
While commissioning the structure, the former president described the gigantic project as a symbol of economic development and growth of Bauchi state.
He said the centre would help in boosting the economy of the state in various ways. He commended governor Bala Mohammed for the project.
Also, speaking at the Bauchi Economic and Investment Summit, the former president said without investment there would be no development, saying ‘investment summits like this will bring things together and encourage investment to develop the state.’
The two-day long economic summit organized by the Bauchi state government has commenced.
The maiden summit is aimed at unveiling 10 economic and investment potentials of the state for local and international investors.
The event coincides with the commissioning of the multi-billion-naira international conference buoy by the Governor Bala Mohammed-led administration.
Emirs of Bauchi, Ningi, Dass, Misau and Kataum are expected to attend the occasion.
The 10 economic potentials of the state to be showcased at the summit include Agriculture and agribusiness, Tourism, trade and commerce; industry, culture and heritage and Logistics, Transport and Value Chain Connectivity.
Other areas are Solid Minerals and Natural Resources; Energy and Renewable Power; Infrastructure and Urban Development; Education, Skills and Vocational Development and Logistics, Transport and Value Chain Connectivity.
The unveiling of these ten sectors demonstrates the administration’s pragmatic approach to rebuilding a resilient, self-sustaining economy built on innovation, inclusion, and partnership.
Former SGF Yayale Ahmed offers solutions to economic dev
Former Secretary to the Government of the Federation,Yayale Mahmud Ahmed has called on the northern governors to invest hugely in education, good governance and capital development, saying ‘without getting this right, no investor will take us seriously.
Speaking at the opening ceremony of the first Bauchi Economic and Investment Summit, yesterday, Ahmed said the three sectors are factors to economic development and growth.
‘No society shall rise above the quality of its people and no people shall rise above the quality of their education. Meaningful as investment in education, it is impossible without good governance. Education requires more than classrooms and teachers; it requires learning and accountability, the hallmark of a sound governance.’
Ahmed noted that massive investment in education was not merely a social duty, ‘rather an economic strategy as it transforms potentially to productivity, citizenry to invest innovations and youth into leaders of productivity. But to sustain such momentum, a state government must be firm, fair and forward looking because good governance is the backbone of a lasting education. In truth, education and governance are two sides of the same coin.’
He advised the northeast governors to leverage on the existing agencies and parastatals at the national level to improve the potentials of their respective states by establishing a commission that will coordinate the economic activities of the region based on the potentials of the region.
Domestic investors vow to harness Bauchi economic potentials
Domestic and international investors have pledged to harness the economic potentials of Bauchi through massive investment in the state.
The Chief Executive Officer and Managing Director of Tiamin Rice Milling Company, Alhaji Ahmed Aminu made the disclosure yesterday at the opening of the two-day Bauchi State Economic and Investment Summit.
Alhaji Aminu said the Bauchi state government has allocated 10,000 hectares of land to Tiamin company for rice production, saying that 90 percent of the allocated land had been cleared and ready for use.
He said ‘Tiamim rice milling company has so far invested 37bn in Bauchi state. We have constructed a 600-million-tons capacity rice milling company in Bauchi state.
‘Tiamin is leading in investment in Bauchi state. We are currently cultivating 8,700 hectors of rice farm in Bauchi and another 50,000 hectares of rice in Toro local government area of the state. We are planning for expansion.
Aminu assured the Bauchi state government of domestic investors’ commitment towards investing in the state, Bauchi is economically endowed with huge potentials.
Another domestic investor dealing in cement, Resident Cement Company has invested over 200 billion Naira in the state.
Earlier, the Bauchi State Commissioner of Commerce, Muhammad Salis Gamawa said Bauchi as an enabler of agriculture with 4.2 million hectares of Arable land is making farming possible, providing over 10 people access to wealth in the state.
‘These over 10 million people are into production of maize, sesame, rice and other farm produce. The government is planning for the establishment of a modern fertilizer production plant in the state.
‘Through the efforts of Governor Bala Mohammed-led administration, Bauchi potentials are being turned into reality. Over 40 different mineral resources have been identified in the state.
‘About 15,000 jobs have been created in the Cement Production Plant in the state. The state is also capable of generating over 5 million megawatts of Solar Energy. Bauchi can be an ICT hub in the northeast.
‘We have everything in terms of mineral resources to transform Bauchi into a better place for business. We have set a vision to make Bauchi an industrial hub of Africa in the next few years.