Hammed Shittu in Ilorin
Kwara State governor, Alhajhi Abdulfatah Ahmed has said that the state’s target was to attract N30 billion investments, through public private partnerships in key sectors such as manufacturing, power, health, energy and aviation between now and 2019.
Ahmed, who disclosed this in Ilorin recently during the breaking ground ceremony of the Hub project of the Harmony Investment and Property Development Company Limited, Ilorin, charged the management of the company to invest in other sectors of the economy such as agriculture, solid minerals, housing and financial services in order to increase the state’s revenue base and create jobs.
According to him, “We also estimate about N1.5b worth of new investments in our solid mineral sector within the same period.”
He said: “With 64 outlets subdivided into different dimensions of office suites, and multi-use stalls and coupled with its strategic location along the dualised Fate Road, the hub, no doubt, presents great economic opportunities for Kwara State in terms of job creation, business growth and enhanced Internal Revenue”
Ahmed added: “ It will also provide trade-enabling services that will increase Kwara State’s competitive advantage and additionally, the presence of the Hub along Fate Road will further establish Fate as Ilorin’s Shopping Haven as we already have the Kwara Mall situated along this area and will also address the increasing demand by businesses and investors in the State for outlet spaces”.
The governor stressed that in view of these, it is safe to say that greater prosperity is coming to Kwara State because, when investment and opportunities converge, prosperity is imminent and “brighter and rewarding future assured.”
He therefore promised that the government will continue to provide an enabling environment for businesses to thrive in the state through business-friendly policies, and sustained infrastructure development.
Earlier, the Group Managing Director of Harmony Holdings, MR. Tope Daramola pledged the commitment of the company to transform the state for economic prosperity.