Bauchi Government Reaffirms Commitment to Sustaining Investor-Friendly Economic Frameworks
The Bauchi State Government has reiterated its commitment to sustaining all economic frameworks and investor incentives introduced through its landmark Bauchi Economic and Investment Summit, ensuring continuity beyond the current administration. This assurance comes as part of the government’s broader agenda to attract both local and foreign investors and strengthen Bauchi’s position as a key investment destination in Northern Nigeria.
Speaking at a pre-summit World Press Conference held at the International Conference Centre, Bauchi, the Chairman of the Main Organising Committee, Professor Murtala Sagagi, emphasized that the state’s economic initiatives were designed with long-term sustainability in mind. He disclosed plans to establish the Bauchi Investment Promotion Agency before the end of the year — a one-stop institution that will facilitate, guide, and support investors. According to him, the agency will be backed by law to ensure operational continuity irrespective of political changes.
Sagagi, who previously worked as a consultant promoting Bauchi’s potential to international investors for the U.S. Government, described the state as one of Nigeria’s most promising investment frontiers. He noted that Bauchi’s reputation as “the most peaceful state in Northern Nigeria” remains a major attraction for investors seeking stability and security. He also unveiled the Bauchi Investment for Growth (BIG) Project, an initiative designed to link major investors with small and medium-sized enterprises (SMEs), especially those owned by women, to promote inclusiveness, job creation, and local economic empowerment.
Adding to the discussion, the Co-Chair of the Summit Organising Committee and Secretary to the State Government (SSG), Hon. Aminu Hammayo, explained that the administration has already developed a long-term perspective plan (2024–2033) with support from the United Nations Development Programme (UNDP). The plan, he said, would guarantee policy consistency, institutional stability, and continuity in governance, giving investors confidence that the current reforms will endure beyond one government cycle.
Hammayo further disclosed that Bauchi State is harmonizing its tax system to simplify business operations and strengthen private sector participation. He also highlighted ongoing initiatives to empower women and youth entrepreneurs through cooperative societies, savings and loan schemes, and SME support programs. Both Sagagi and Hammayo assured that Bauchi’s economic vision is guided by a clear long-term strategy aimed at building a resilient, technology-driven, and investor-friendly economy that benefits citizens across all communities.
source: Tribune