Jigawa State Government is set to commence the construction of 1,000 commercial shops at Farm Centre, Kano, at a cost of ₦3.5 billion to boost the state’s internally generated revenue.
The President, Civil Society
Coalition on Security, Peace and Conflict Resolution, Jigawa State, Muhammad Musbahu Basirka, stated this while briefing newsmen at the NUJ Secretariat in Dutse.
He explained that the land was handed over to Jigawa State as part of a recovery process by the Economic and Financial Crimes Commission (EFCC), being part of the state’s inheritance from old Kano State.
He said “this land, strategically located within Kano’s commercial hub, was rightfully inherited by the Jigawa State Government as a result of the wealth and land sharing formula meticulously applied following the historic creation of Jigawa State from the old Kano State in August 1991”.
“Following extensive and careful consultations with a diverse range of experts, community leaders, and critical stakeholders, we want to inform the good people of jigawa state that our government made a decision to utilize this vital asset for the collective good.
“The vision is to boost the state’s Internally Generated Revenue as the land is strategically located within Kano’s commercial hub; our state grapples with the imperative of diversifying its revenue streams beyond the fluctuating federal allocations.
“The state government has engaged numerous financial experts who have affirmed that developing commercial property in a high-demand, high-traffic area like Kano’s Phone Market will provide a consistent, substantial, and sustainable revenue for Jigawa State”, Basirka said.
While urging indigenes and other residents of the state to embrace the development with understanding and a shared vision, Basirka appealed to politicize matters relating to the investment.
“We however encourage valuable suggestions on the best ways to maximize the benefits of this crucial project for sustainable impact on the people.
“As Civl Society actors, we will strategically engage, monitor, and ensure that the project is delivered with quality execution and periodically check transactions to ensure transparency and accountability in the process of managing the investment”, Basirka said.
COV/USMAN MZ
