Russia-Africa Summit: Gov. Inuwa Woos Investors To Gombe State



Gombe state Governor,  Muhammadu Inuwa Yahaya said he took advantage of his trip to Russia with President Muhammadu Buhari to woo investors and development partners.

Governor Yahaya who had some engagements with prospective investors at the sideline of the Russia- Africa Business Summit in the black sea resort city of Sochi, told newsmen that he discussed investment opportunities in Gombe state with Russian businessmen.

According to Governor Yahaya, " I have been able to establish contacts and relationships with prospective Russian investors that will enable us set up some medium and small scale industries that will help the economy of the state, especially by way of establishing an industrial park that will help in spring up businesses that will absorb our youths out of the streets and engage them in meaningful ventures and generate wealth".

Industrial park is a government initiative that will  provide infrastructure such as roads, energy, security and some tax holiday incentives that will encourage investors to establish industries in the state.

When established,  it is will create employment,
increase business opportunities, foster transfer of technology and generate more revenue for the state.

The Governor also discussed the vast agricultural, solid mineral resources and other opportunities in Gombe state and Nigeria in general.

It will be recalled that Governors Muhammadu Inuwa Yahaya of Gombe  state, Kayode Fayemi of Ekiti state and Bello Matawalle of Zamfara state as well as some ministers accompanied President  Muhammadu Buhari to the three-day Russia – Africa Summit held in Sochi, Russia, with about 40 Heads of State and Governments in attendance.

They have since returned to Nigeria.

Ismaila Uba Misilli
Senior Special Assistant
(Media and Publicity)

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