Jigawa State says it will pursuit intensive promotion drive in subsequent years for foreign and domestic investments especially in processing and manufacturing for exports.
PIC 2:Barrister Jamila Farouk, Secretary JigawaInvest making a presentation at the event
The Director General, Jigawa Invest, Hajiya Furera Isma Jumare disclosed this during stakeholders consultation with ministries, departments and agencies at Sir Ahmadu Bello Hall in Dutse.
She noted that there was stability in terms of insurgency, banditry and other vices, as such the need for investment promotion in the state.
According to her, reports have shown that, of the foreign direct investment that followed in Nigeria last year, none came to jigawa state.
Hajiya Furera Jumare pointed out that, dwindling oil revenues this year due to Covid 19 pandemic had generally led to a reduction in Federation Account Allocations Commitee FAAC to the state.
She said Nigeria, like many other countries, gone into recession which had prompted a competition for meagre resources among states.
Also speaking, the state Deputy Governor Alhaji Umar Namadi explained that, the state government had already secured eleven mining licenses from federal ministry of mines and steel for interested investors.
USMAN MZ