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Former ABU VC Saror Calls for Northern Investment

Business

Saror, a former vice-chancellor of Ahmadu Bello University (ABU) and senator, stated that wealthy northerners are investing their wealth in the South rather than in the North, which has resulted in insufficient employment opportunities in their home region. Speaking on Trust TV's programme "Reminiscences," he highlighted the significant amount of business capital from the North that is deployed outside the region, noting that the government remains the primary source of employment in the North.

Saror illustrated the lack of industrial activity by comparing the drive from Sokoto to Adamawa, where few companies exist, to the industrial opportunities along the Lagos-Ogun axis. He expressed concern over the shortage of private-sector jobs in Benue State and linked this to a growing interest in politics among the youth.

Saror urged wealthy individuals to invest in agriculture, education, healthcare, and productive enterprises in the North to address its development challenges, while also noting the negative impact of ethnic and religious divisions and insecurity on economic activity.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

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