Former Vice President Atiku Abubakar says a stable and secure business environment will not only attract investments but also lead to economic growth.
Atiku stated this while speaking at the Taraba International Investment Summit, tagged ‘Taravest,’ in Jalingo, the Taraba State capital, on Wednesday.
The Presidential candidate of the Peoples Democratic Party, PDP, in the 2023 general elections, said that Taraba’s economy holds significant investment potential and could be optimised to reap the benefits with the provision of a stable and secure investment climate.
According to him, agriculture, solid minerals, and tourism are strategic to the development of the state, urging the government to implement measures that would address investment risks and eliminate bottlenecks.
“The government is urged to implement measures that will address investment risks and implement interventions, and eliminate bottlenecks.
“Peace, security, and stability in host communities are critical determinants of investment flows,”;; he said.
Atiku identified efforts that should direct the government’s efforts in attracting investment to include an investment generation that is well-designed with clear goals, objectives, and strategies, as well as clear, coherent, and consistent policy measures.
He pointed out that efficient institutions would make all the difference, improve the supply and quality of infrastructure, and hence, are the backbone of sustainable development.
According to him, no Nigerian state has the necessary physical and financial space to independently drive growth and achieve sustainable development.
He, therefore, said that building strategic partnerships between the state, private investors, local businesses, and communities was critical in addressing resource gaps and unlocking the potential of the state to facilitate investments.
