Widely Read Magazine in Nigeria

Gombe govt creating conducive investment environment to woo investors – Gov. Yahaya


Gombe govt creating conducive investment environment to woo investors – Gov. Yahaya


Gov. Inuwa Yahaya of Gombe has restated commitment to creating a conducive investment environment to fast track sustainable economic development of the state.

Yahaya stated this at the inauguration of the Hara Foam Factory, on Saturday at Liji Community in Yamaltu-Deba Local Government Area of the state.

The governor, represented by the Commissioner for Industry, Trade and Investment, Mr Nasiru Aliyu said the state had become a hub of investment in the North East.

He said that the feat was achieved through conscious efforts of the government in attracting investors to boost economic activities and provide employment for the youths.

According to him, the establishment of the factory will complement the government’s commitment towards creating more industries to open up the space for youths to be engaged in meaningful ventures.

“We are currently at the peak stage in the process of actualising the Muhammadu Buhari Industrial Park in Dadin Kowa.

“The industrialisation of Gombe State coupled with the availability of uninterrupted power and water supply at the Industrial Park and the airways operations will soon turn Gombe into an industrial hub in the North East,” he said.

He said that government would continue to support and welcome investments into the state by giving priority to the maintenance of peace and security through the Ministry of Internal Security and Ethical Orientation.

According to him, the peaceful coexistence among the people of the state and the provision of an environment conducive for businesses has made Gombe State the favourite location for investors.

“This is what made Gombe State win the first position in Ease of Doing Business by the Presidential Committee on Enabling Environment for Business activities.”

He appealed to the people of the state to support the government’s transformation programmes aimed at boosting economic growth and youth employment.

Yahaya urged investors to come to the state and take advantage of the reforms being put in place to boost the economic base of the state and Nigeria.

Earlier, Alhaji Shuaibu Galadima, Chairman, Yamaltu/Deba Local Government Council, pledged to ensure the safety of the investments and urged more investors to come and support the economic development of the area.

Galadima appreciated the management of the company for establishing the factory in the area, adding that it would create employment for youths.

Also speaking, Mr Cosmas Ugwu, Chief Executive Officer of the company, said that the factory was established in view of the peaceful environment and the effort of the state government.

Ugwu said that about 1,000 indigenes of the state would be employed at the factory while over 5,000 jobs would be created in the North East through its various depots in the region.

He said that the factory was designed with a daily production capacity of 5,000 mattresses and 3,000 pillows.

Gombe govt creating conducive investment environment to woo investors – Gov. Yahaya(NAN)

Leave A Reply

Your email address will not be published.

%d bloggers like this: