Kwara Targets N30 Billion Investments By 2019
Kwara State governor, Alhajhi Abdulfatah Ahmed has said that the state's target was to attract N30 billion investments, through public private partnerships in key sectors such as manufacturing, power, health, energy and aviation between now and 2019.
Ahmed, who disclosed this in Ilorin recently during the breaking ground ceremony of the Hub project of the Harmony Investment and Property Development Company Limited, Ilorin, charged the management of the company to invest in other sectors of the economy such as agriculture, solid minerals, housing and financial services in order to increase the state's revenue base and create jobs.
According to him, "We also estimate about N1.5b worth of new investments in our solid mineral sector within the same period."
He said: "With 64 outlets subdivided into different dimensions of office suites, and multi-use stalls and coupled with its strategic location along the dualised Fate Road, the hub, no doubt, presents great economic opportunities for Kwara State in terms of job creation, business growth and enhanced Internal Revenue".
Ahmed added: "It will also provide trade-enabling services that will increase Kwara State's competitive advantage and additionally, the presence of the Hub along Fate Road will further establish Fate as Ilorin's Shopping Haven as we already have the Kwara Mall situated along this area and will also address the increasing demand by businesses and investors in the State for outlet spaces".
The governor stressed that in view of these, it is safe to say that greater prosperity is coming to Kwara State because, when investment and opportunities converge, prosperity is imminent and "brighter and rewarding future assured."
He therefore promised that the government will continue to provide an enabling environment for businesses to thrive in the state through business-friendly policies, and sustained infrastructure development. Earlier, the Group Managing Director of Harmony Holdings, MR. Tope Daramola pledged the commitment of the company to transform the state for economic prosperity.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Kwara State Polytechnic Harrison Osauwagboe Bola Ahmed Tinubu Kazeem Adekanye Oko-Erin Erubu Oba Zubair Sheikh Hamzat Yusuf Ariyibi Mansurat Amuda-Kannike Aliyu Adebayo Idris Garuba Omotoso Musa Sheikh Ariyibi Kola Shittu Agboola Abdulraheem Ibrahim Oloriegbe Abdulrahman Abdullahi Kayode Majlis For Sadakah, Zakat And Waqf Oniwasi Agbaye Abdulfatai Salman Baakini Ajike People Support Centre Shero Muritala Olarewaju Moji Makanjuola Hijaab Oyeyemi Olasumbo Florence Saka Saadu Maimunat Oloriegbe Abdul-Rasheed Na\'Allah Olaitan Buraimoh Muhammad Mustapha Suleiman Universal Basic Education Commission Kwara State Branch Of The National Library Niyi Ogundiran TVC Female National Debate Nupe Olatinwo Oyedun Juliana Funke Cornelius Adebayo Dan-Kazeem Alfa Belgore HAMFAT Clinic And Maternity Pakata Development Association IHS Towers Plat Technologies Saad Omo Iya Rihanat Ajia Abdulrahman Abdulrasaq Yusuf Abdulraheem Akom Construction And Engineering Synergy Ltd Titus Suberu-Ajibola Nigeria Computer Society Bluenile Associates Abiodun Abdulkareem Mustapha Akanbi Kale Ayo Tinubu Legacy Forum Tunde Akanbi Jimoh Akani Democracy Day Samuel Adaramola KwaraLearn Aliyu Kora-Sabi Assayomo Donatus Ejidike Umar Saro Kayode Alabi Dar-Al-Handasah Consultants ANCOPPS Bureau Of Lands Lawyers Unite Against Corruption Yashikira Orisa Bridge Olaiya Zuberu MMWG Kunle Okeowo Ibrahim Abdulqadir Abikan Amasa