Former Vice President Atiku Abubakar has emphasized that a stable and secure business environment is crucial for attracting investments and driving economic growth in Nigeria.
Speaking at the Taraba International Investment Summit, tagged 'Taravest,' in Jalingo on Wednesday, the former presidential candidate of the Peoples Democratic Party (PDP) highlighted the significant investment potential of Taraba State's economy.
"Peace, security, and stability in host communities are critical determinants of investment flows," Atiku stated, urging the government to implement measures that would address investment risks and eliminate bottlenecks.
The former Vice President identified agriculture, solid minerals, and tourism as strategic sectors for Taraba's development. He outlined several key factors that should guide government efforts in attracting investment, including:
- Well-designed investment generation with clear goals, objectives, and strategies
- Clear, coherent, and consistent policy measures
- Efficient institutions to improve infrastructure supply and quality
Atiku emphasized that no Nigerian state has the necessary physical and financial resources to independently drive growth and achieve sustainable development. He advocated for building strategic partnerships between the state, private investors, local businesses, and communities to address resource gaps and unlock the state's potential.
"The backbone of sustainable development lies in efficient institutions and quality infrastructure," he added.
The Taraba International Investment Summit brought together stakeholders to explore investment opportunities in the state and strategies for economic development.
