The Adamawa State government, through its Investment Promotion and Public-Private Partnership Coordination unit, recently hosted a Sector Prioritization Meeting aimed at expanding its investment strategies and attracting more investors.
This move is part of an initiative driven by an executive order signed by Governor Ahmadu Umaru Fintiri to boost public-private partnerships for the benefit of the state’s citizens.
The meeting, which brought together participants from various ministries, departments, agencies, academia, and the private sector aimed to educate them on the dynamics of public-private partnerships and investment opportunities in Adamawa State.
Halilu Malabu, the state project coordinator, highlighted the importance of the Sector Prioritization Meeting in developing a detailed list of all available investment opportunities in the state.
“This program is as a result of our office coming on board, especially to prioritize and have a compendium of all the investment opportunities in Adamàwa State and rank them based on visibilities”
Halilu expressed hope of having more investors in Adamawa state as a result of the strategy being put in place by the Investment Promotion and Public-Private Partnership Coordination unit.
Dr. Bello Abubakar Song, the focal person for Adamawa State Action on Business Enabling Reforms, highlighted the potential benefits for the state from public-private partnerships, emphasizing the job opportunities it could create for the state’s youth.
” This sector prioritization came as a result of establishing the unit under the office of the secretary to the state government which deals with the Investment Promotion and Public-Private Partnership Coordination following the executive order signed by Governor Ahmadu Umaru Fintiri”
He noted that part of the disbursement link indicator for Adamawa State Action on Business Enabling Reforms covers public-private partnership and investment promotion.
Dr Bello praised the giant stride of Governor Fintiri in infrastructure which he believes will play a significant role in wooing investors to the state.
Aisha Yakubu Bako, a resource person, commended the state’s progress in infrastructure and collaboration between various entities creating a good platform for investors to step in.
Aisha explained that every state is moving towards working with the private sector to focus on eliminating poverty while targeting and accelerating economic growth to grow the GDP of a state.
” Having an agency dedicated to working with the private sector to serve as the middle-ground between the government and the private sector is commendable”
Aisha advised the state to do more in communication and image-building noting that little is known about the existing success stories in Adamawa state.
This interactive session was the first organized by the state’s Investment Promotion and Private Partnership Coordination unit since its establishment by Governor Ahmadu Umaru.