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VP Osinbajo opens Niger State investment summit

VP Osinbajo opens Niger State investment summit

The Acting President, Professor Yemi Osinbajo, on Monday, paid an official visit to Niger State to open the Investment Summit.

The two-day summit was tagged “Truly Niger” with the theme: “Impact Investing for Advancing Agricultural Economy and Innovation”.

Delivering the keynote address as Special Guest of Honour at the ceremony chaired by former President Olusegun Obasanjo, the Acting President spoke on the theme stating that “even in the best days of oil dominance in Nigeria, agriculture provided jobs for 30 percent of our population, and about the same percentage in contribution to GDP.”

Agriculture, he said, is clearly the surest pathway to diversifying the economy, ensuring food security and improving foreign exchange earnings.

The summit was conceived to showcase the rich agricultural potentials of the State to investors, promising that the outcome of the summit would be implemented by his government said the Governor of Niger State, Abubakar Sani Bello.

Before declaring the investment summit open, Prof. Osinbajo recalled the efforts of the Niger State government to make the State more business-friendly.

He also implored the State government to leverage on existing measures such as the creation of the Niger State Geographic Information System (NIGIS); the streamlined issuance of certificates of occupancy within 72 hours; and the reduction in the cost of getting a Certificate of Occupancy by 90% (from between N150,000 – N180,000) to only N15,000 to achieve its investment objectives.

 

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