A Federal Government agency, Nigerian Investment Promotion Council (NIPC) and Borno State Government have disclosed that they would be joining forces in exploiting area of mutual benefits in creating jobs for youths and investment opportunities to attract foreign and local investors into the state after years of economic deprivation occasioned by Boko Haram incessant attacks on communities across Borno
As stated, the agreement was reached after Zulum visited the headquarters of the Nigerian Investment Promotion Council in Abuja on Wednesday to tie partnerships in order to attract investment opportunities to the state.
In his presentation, Zulum explained that Borno’s geographical location bordering three countries have placed the state at very high investment competitiveness index which provide market for products easily.
The governor added that attracting more investors entails generating employment opportunities to the teeming youth devastated by the over decade long insurgency.
Zulum said that the state government under his watch has invested heavily on vocational skills training in different trades which produces enough local manpower that investors can explore.
Meanwhile, the governor also announced his administration’s decision to establish a Sustainable Investment Promotion Agency in Borno. The agency, Zulum said, would have a core mandate of achieving his administration’s drive to restore state’s investment potentials in different sectors, particularly agriculture and mining.
Responding, the Executive Secretary of the council, Yewande Sadiku, assured the governor of the council’s commitment to support Borno. She also disclosed that the National Investment Promotion Council would consider Borno as one of their key investment destination.
She added that the council would support Borno to set up the Sustainable Investment Promotion Agency by providing the necessary guide in the establishment of all the layers needed.