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Taraba government woos agric, solid minerals investors

By BusinessNews Staff on October 4, 2013

The Taraba State Government is seeking local and foreign investors to take the advantage of its vast arable land and large mineral deposits by investing.

Speaking at the ongoing Abuja Trade Fair, the state’s Acting Governor, Alhaji Garba Umar, said the present administration put in place good infrastructure to ease business.

Also, he said the administration had come up with flexible investment policy which would help make the state the investment destination of choice in the country.

The Fair which is organised by the Abuja Chamber of Commerce, Industry, Mines and Agriculture, is attended by over 3,00 exhibitors from Nigeria and abroad.

The governor boasted that Taraba is the leading rice producer in Nigeria, offering support for the Federal Government’s proposal to ban rice import as a way of boosting local production.

Umar who was represented his Chief of Staff, Ahmed Yusuf, said Taraba has embarked on a number of initiatives geared toward making the state an investment hub, including the recent award of a N17 billion contract to construct and rehabilitate the Bali-Serti-Gembu road aimed at unlocking the agricultural, solid minerals and tourism potentials of the state.

Also apart from establishing a holiday resort in Gembu, there are other programmes to develop the tourism potentials of the agrarian state, assuring that the “government has carried out a satellite mineral survey of some parts of the state for confirmation of mineral deposits which revealed economic quantity of bauxite, gold and oil bearing the structure in the Benue trough. As part of the efforts to ensure effective harnessing of the mineral deposits, the state has incorporated the Taraba State Solid Minerals Development Company with the sole aim of data gathering exploitation ad exportation of some solid minerals.”

[Daily Independent]

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