Kaduna State has earned praise from President Muhammadu Buhari for solidifying its reputation as a top location for foreign investment in Nigeria.
On Saturday, day three of the current 7th Kaduna Economic and Investment Summit, the president issued the compliment.
According to Mr. Buhari, who was represented by Minister of State for Industry, Trade, and Investment Maryam Yalwaji, the business community was positively reacting to Kaduna’s overtures by the amount of investments made in the state.
“Over the past six years, Kaduna State has been one of Nigeria’s top locations for foreign direct investment.
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He continued, “The success of subnationals is crucial to the success of the entire country in attracting investments, creating jobs, and boosting internally generated revenue.”
Mr. Buhari promised that the federal government will assist all state and FCT initiatives to advance economic development in all spheres.
I have closely monitored Kaduna’s progress since 2015, and it is admirable that investors are putting jobs in the agricultural sector by utilising the state’s prioritisation of agriculture.
The state’s accomplishments in the fields of health, ICT, mining, and renewable energy were also noted by the president.
He continued, “I also notice with pleasure remarkable successful private partnership projects in the state, which aim to address food security and enhance livelihood.
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He said that the federal government would continue to aid Kaduna state government’s efforts to entice investments that would create jobs.
“We think there is a lot that can be done at the subnational level to promote the growth of human capital and increase economic prospects.
According to Mr. Buhari, “this significant investment in infrastructure upgrading that Kaduna is carrying out, is without a doubt an amplifier of economic dynamism, aside from its essential significance for enhancing the wellbeing of citizens.”
He continued by saying that the state was fully utilising the Federal Government’s economic policies and the increased need to protect livelihoods.
