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Sokoto State Government Pledges Business-Friendly Environment and Infrastructure Development

Blessing Joseph by Blessing Joseph
December 8, 2023
in Business, Economy, News
0
Sokoto State Government Pledges Business-Friendly Environment and Infrastructure Development
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Sokoto State Governor Ahmed Aliyu, during the inauguration of the Ease of Doing Business council members, highlighted the state government’s commitment to accelerating development and facilitating a conducive business environment. Governor Aliyu emphasized leveraging positive financial management to expand infrastructure, enhance productivity, and implement empowerment initiatives within the state. He reiterated the government’s dedication to collaborating with stakeholders, investing in infrastructural development to attract business and investment opportunities to Sokoto.

The Governor called upon the private sector to support these efforts by investing in the state’s economy, recognizing the pivotal role of private sector collaboration in achieving sustainable economic growth. He disclosed plans for partnerships with financial institutions like the Bank of Industry (BOI), NEXIM Bank, Bank of Agriculture (BOA), and NIRSAL Microfinance to provide soft loans for SMEs in the state. Additionally, the state aims to entice foreign investors by offering tax holidays, land access, and entry permits.

Governor Aliyu assured concerted efforts to revive ailing industries, aligning government initiatives with the private sector to maximize Sokoto’s potential. Emphasizing a commitment to impact citizens’ lives, the Governor highlighted plans to boost the agricultural sector, aiming for Sokoto to become a leading producer of agricultural products.

The Ease of Doing Business council, chaired by the Deputy Governor Eng. Muhammad Idris Gobir, comprises key members from commerce, budget, economic planning, and local government sectors. Alhaji Bello Sifawa, the Secretary to the State Government, serves as the council’s secretary, signaling a comprehensive approach to drive economic growth and enhance business opportunities in Sokoto State.

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Tags: Bank of Agriculture (BOA)Bank of Industry (BOI).Business-Friendly EnvironmentEntrepreneursinfrastructure developmentMSME News in Nigeria todayMSMEsNEXIM BankNIRSAL MicrofinanceSMEsSokoto State Government
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