Borno State Governor Zulum Calls for Private Investment

At the Borno State Private Sector Engagement and Investment Roundtable in Abuja, Governor Babagana Zulum, represented by Chief of Staff Engr. Babagana Mustapha Mallumbe, urged investors to support the state's economic recovery. Zulum stated that Borno is transitioning from humanitarian dependence to economic empowerment, with private businesses expected to drive sustainable livelihoods.

He identified agriculture, livestock, fisheries, agro-processing, light manufacturing, building materials, and financial services as priority investment areas. Zulum invited investors to support industrial clusters and logistics facilities, highlighting the Maiduguri Inland Dry Port as a strategic logistics hub.

He assured that the government has streamlined bureaucratic processes and strengthened frameworks for public-private partnerships to protect investments. Leila Ben Amor from the European Union emphasized the need for increased private investment to complement government funding, while Emmanuel Longza from the Nigeria Investment Promotion Commission stressed the importance of private sector partnerships.

Dr Karin Jensen from the German Embassy encouraged local employment and sourcing, and Thembekile Dube Ngube from the UN highlighted the potential for sustainable investments to create jobs and essential services.