The Nasarawa State government has targeted to invest a fresh $300m (N125bn) into the state as it is staging its maiden Investment Summit next month.
Governor Abdullahi Sule disclosed this at a briefing to unveil the summit by the state Governor, Alhaji Abdullahi Sule organised by the Nasarawa State Investment and Development Agency (NASIDA).
The summit with the theme “#DiamondintheRough – The Making of a New Investment Frontier” will be held May 11th to 12th, 2022 at the State Banquet Hall, Government House, Lafia the state capital.
He told newsmen in Lagos that the summit was aimed at marketing the economic potentials of the state to local and international investors while boosting the economic development of the state.
He disclosed that the state’s economic development strategy is already yielding results in terms of increasing the internally generated revenue of the state from N7.8bn in 2019 when he took over to 16bn.
According to him, the summit would be different from other economic summits as the government would concentrate on its areas of the state in agriculture and mining in addition to leveraging on its proximity to the federal capital and other regions of the country.
He stated that the summit is part of the implementation of the Nasarawa Economic Development Strategy (NEDS 2019-2023), which his administration commissioned on the assumption of office.
