Peter Mbah Boosts Investment Interest in Enugu State

During President Bola Tinubu's visit to the United Kingdom, Peter Mbah, the Governor of Enugu State, successfully ignited interest among foreign investors in various sectors of the state's economy. Mbah emphasized the potential for investors to expect returns of 25-40% on investments in Enugu, which is strategically positioned to serve a population of approximately 30 million people in the Southeast economic corridor.
The governor outlined several projects, including the expansion of the international airport and the development of a smart city spanning 10,000 hectares. He also discussed the need for reliable electricity, as 50% of the region currently lacks dependable power.
Mbah praised Tinubu's reform agenda, which aims to restore macroeconomic stability and improve investor confidence. The visit included engagements with senior UK investors and discussions on various sectors, including agriculture, tourism, and infrastructure, reinforcing Enugu's position as a leading sub-national economy in Nigeria.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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