Sule Signs Two Executive Orders to Boost Investment in Nasararwa
Igbawase Ukumba in Lafia
The Governor of Nasarawa State, Abdullahi Sule, Friday at an emergency state executive council meeting signed two Executive Orders to boost investment in the state.
The Executive Orders are for the adoption of the Framework for Responsible Investment in Land Intensive Agriculture (FRILIA) and the implementation of the Nasarawa Governance Result and Efficiency Mechanism (NGREM).
The regulation is for the strengthening of the Nasarawa State Investment and Development Agency (NASIDA) Law 2020) and to Improve the Framework for Public-Private Partnership (PPP) in the State.
Sule said that the Executive orders and regulations are anchored on improving governance and delivering results for the economic development of the state.
“The adoption of FRILIA is to ensure that land acquisition and resettlement for large-scale agribusiness investments are undertaken in line with established international good practices, to ensure long-term economic, social, and environmental benefits, and to guarantee shared benefits between private investors and surrounding communities, “he said.
On his part, the Managing Director of NASIDA, Ibrahim Abdullahi noted that the Regulation of the NASIDA 2020 Law will improve the framework to encourage collaboration between the public and private sectors. The Regulation seeks to stimulate economic growth, create job opportunities, and enhance the infrastructural development of the State.
