Kaduna State has received investments worth more than $650 million in less than a year, according to Governor Uba Sani.
The Governor revealed that the investments were obtained in a number of industries, including infrastructure development, tourism, agriculture, and mineral resources, while speaking at the Nurturing Nigeria’s Future Initiative event in London.
According to a communiqué released to journalists in Abuja on Thursday, Governor Sani made the statement.
“This $650 million investment demonstrates investors’ confidence in our state’s economic potential.” “We are committed to creating an enabling environment for businesses to thrive, and this investment is a step in the right direction,” he told prospective investors from Nigeria and the United Kingdom.
The Nigerian Professionals Network (NPN) organised the event to examine investment prospects in Nigeria.
The dinner was attended by around 250 wealthy individuals, including Nigerians in the diaspora and overseas investors.
Also addressing, Plateau State Governor Caleb Mutfwang, represented by Wilson Manji, highlighted investment potential in his state, focusing on agriculture, mineral resources, tourism, and infrastructure development.
The investment outing is part of the NPN’s attempts to encourage international investment in Nigeria and boost economic growth.
Bottom Line
The fact that these investments were highlighted at an international event organized by the Nigerian Professionals Network (NPN) underscores the importance of global networking and diaspora engagement in attracting foreign investment.
The presence of a substantial number of wealthy individuals and potential investors at the event suggests a positive reception and interest in Nigeria’s investment prospects.
However, the success of these investments will depend on effective implementation and the state’s ability to maintain an investor-friendly environment.
