Bauchi Gov Pledges To Position State As Business, Investment Hub
By Khalid Idris Doya
Governor Bala Mohammed has said that the proposed Bauchi State Economic and Investment Summit was conceptualised and organised to review the key components of the state economy.
The summit is understandably organised to determine the various sectors' contributions to expansion and assess the real opportunities that will ensure its integration into a much broader national and global economy.
Speaking at the stakeholders engagement preparatory to the state Economic and Investment summit scheduled for 8th and 9th October in Bauchi, the Governor said that the summit would afford an excellent opportunity to create a variable investment climate for Bauchi state.
The Governor while giving an overview of the state economy, however highlighted some silence facts with a view to reveal the state's genuine aspiration for lasting prosperity in the current viewers strategic context of Bauchi state.
Senator Bala Mohammed explained that alot of emphasis has been placed on growth rates ranging across states and countries over the years, though he said, growth is not an end to itself.
"Moreover, it has been acknowledged by multinational economic institutions that we must go beyond the qualitative measurement of growth rate to seek tangible improvement in the people's living conditions".
He reaffirmed his administration's commitment to making Bauchi a leading hub for business and investment.
Governor Mohammed stressed that true economic growth must go beyond figures, insisting that development should bring tangible improvements to the lives of citizens.
While highlighting the Bauchi unique advantages included abundant natural resources, he said harnessing and processing these resources would expand value chains, create jobs, and drive sustainable growth.
He further underscored the importance of partnerships with both local and international investors, anchored on fairness, respect, and mutual benefit.
The Governor outlined reforms already introduced by his administration to ease doing business in the state, including streamlined land registration, enhanced security, improved transparency in governance, and a strengthened anti-corruption drive.
Reassuring stakeholders, Mohammed affirmed that his government is committed to establishing strong legal frameworks that safeguard investments and foster investor confidence.
He added that the progress made in the past six years spanning infrastructure development, governance reforms, and social stability has laid a solid foundation for Bauchi economic transformation.
The engagement session was attended by business leaders, financiers, political stakeholders, traditional rulers, civil society organisations, and other key partners.
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