News Investigators/ Bauchi State Governor, Bala Mohammed, has wooed South-East investors with the abundant business and investment opportunities in the state.
Mr Mohammed spoke during the unveiling of Bauchi State Economic And Investment Summit ceremony of the South-East on Wednesday in Enugu.
The News Agency of Nigeria (NAN) reports that the summit is expected to hold between Oct. 8 and Oct. 9 with the theme: “Unlocking Investment Potentials In The Pearl Of Tourism”.
The governor said the objective of the summit was to review the key components of the state’s economy to determine the private sector’s potential contribution to its expansion.
Mr Mohammed, represented by the Secretary to the Bauchi State Government, Mr Aminu Hammayo, added that the summit would be used to assess the real opportunities that would ensure its integration into a much broader national and global economy.
According to him, the summit will facilitate engagements between public and private project initiators alike and foreign as well as local investors.
“So I wish to seize this opportunity to formally invite you to the upcoming Bauchi State Economic and Investment Summit scheduled to hold on Oct. 8 and Oct. 9, 2025.
“In a world marked by ever-growing economic and social interdependence, the challenge is to develop genuine areas of shared prosperity.
“This involves forging new types of economic and socio-political relations based on the idea of mutual benefit between partners.
“In this type of relationship, some contribute their financing capability and their technology, while others offer unique opportunities to be seized and rare resources to be tapped, all in a fair and equitable exchange.
“Such is the type of relationship that we should seek in economic partnership agreements with partners,” the governor said.
He reiterated the state determination to encourage private investment with appropriate legal framework put in place to enable the development of priority and high-impactful sectors.
“All these measures bear sufficient testimony to our strong determination to attract more and more productive investments so as to accelerate economic growth and prosperity for the people.
“Let me acknowledge the strong entrepreneurial spirit of the South East that is characterised by resilience, adaptability and a strong emphasis on self-reliance and hard work.
“We welcome this spirit and look forward to working with you because we are your friends,” Mohammed stressed.
Also speaking, the Bauchi State Commissioner for Commerce, industry and Investment, Mr Mohammed Gamawa, said the state had investment opportunities in energy, solid mineral, agriculture, gas and oil, hospitality and others
“In terms of agricultural sector, the state has large number of cattle, goats, sheep and various types of poultry production. We have one of the biggest game reserve in the entire West African region which is yet to be tapped.
“Bauchi State has a renewable energy potential, large mineral resources, ICT and others that South East investors can explore,” the commissioner said.
Prof. Murtala Sagagi of Dangote Business School, Bayero University Kano, added that Bauchi State had over 130 investment opportunities as well as 10 sub sectors that would give investors high Return on Investment (RoI).
The former Minister of Power and the Chairman of the event, Prof. Chinedu Nebo, noted that government alone could not salvage the economy of a nation but through private sector investment.
He said the summit would offer investors from the South East region the opportunity to invest in Bauchi State.
In his remark, Dr Ifedi Okenwa, the Executive Secretary, South-East Business and Investment Summit, said the region had both human and natural resources.
Okenwa noted that before independence and post-independence era, the Eastern and Western Economic Corridors were competing but were no longer doing so, emphasising the need for the zone to partner Bauchi State to rebuild the corridor.
The President Southeast Chamber of Commerce, Mr Humphrey Ngonadi, represented by Dr Daniel Ochi, Director- General of the chamber, said the zone would partner with Bauchi State and mobilise members to invest in the state.
“We are very happy that you are here and we are going to respond positively by sending powerful delegation during the summit in October,” he said.
NAN
