Investment summit; Gov. Sule showcases economic potentials of Nasarawa state

From Daniel Abel, Lafia

Governor Abdullahi Sule of Nasarawa State has unveiled the economic potentials of the State to investors at the ongoing “Nasarawa Investment Summit 2024”
In his welcome address at the event the Governor declared that the state is housing several mineral resources that have attracted huge investors already.

He commended President Bola Ahmed Tinubu for his sustained effort in driving the Nigerian economy to prosperity and his unalloyed loyalty and continued support in order to take the country to greater heights.

“It is pertinent to remind you that Nasarawa State organised the first edition of the Nasarawa Investment Summit in 2022 under the theme “Diamond in the Rough: The Making of a New Investment Frontier”aimed at ushering investment and showcasing our mineral resources to potential investors.

“I am happy to state that the outcome of the Summit informed the influx of investors into the State who are variously harnessing our God-given endowment.

“Interestingly, the recently commissioned Avatar New Energy Materials Company Limited in Nasarawa State performed by Mr. President, the ASGARD Mining and Processing Plant, Karu, the Nasarawa Technology Village Project in Karu, as well as other numerous investments being carried out in the State were all informed by the outcome of the Summit conducted in 2022.

“It is also heartwarming to state that the Federal Government commissioned the spud-in of the Ebenyi-A Oil Well in Obi Local Government Area of the State.

“The discovery of Oil and Gas and its subsequent exploration and exploitation will further boost the economy prosperity of our dear country and put Nasarawa State among the comity of Oil producing States.

“I, therefore, call on the investors on Oil and Gas to take opportunity of the exploration activities to begin to invest in the sector for the benefit of the society.

Sule however assured that his administration would continue to fully utilise potentials of the state resources by sustaining the Investment Summit in order to further showcase other solid mineral resources which are yet to be identified by interested investors.

“This is why the theme of this year’s Summit is deliberately coined as “The Industrial Renaissance”, having built some of the key fundamentals required to drive our industrial agenda and present other minerals to our potential investors.

The governor noted the summit will further expand the existing pathways to leverage on the industrial, agricultural and mining sectors towards enhancing inclusive and sustainable wealth creation and economic prosperity of the state.

“It is pertinent to point out that, as a State, we have been deliberate in stimulating our economy, building human capacities, creating wealth and generate employment to our people.

“It is for this reason that we have adopted our policy document christened “Nasarawa Economic Development Strategy (NEDS)” as a driving force towards the initiation and implementation of various programmes and policies which we have achieved so far.

Sule stated that with the assemblage of the experienced and versatile resource persons the outcome of the Summit will go a long way towards actualizing the dream of industrializing Nasarawa State and position it as a leading champion.

Mr. Sule called on development partners to continue to invest in Nasarawa State with the view to open the frontiers of economic prosperity for the benefit of all, noting that “Nasarawa mean business”