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VP commends Gombe state for ease of doing business

October 15, 2022
in Latest Nigeria News, Nigeria News
VP commends Gombe state for ease of doing business
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Vice president Yemi Osinbajo has inspected the progress of work at the Muhammadu Buhari industrial park in Gombe.

Professor Osinbajo also witnessed the signing of a memoranda of understanding between Gombe state and five companies investing and setting up business at the industrial park.

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For three days, investors, captains of industry, regulators and financiers, gathered in Gombe to discuss business opportunities.

There were Panel sessions, side meetings, presentations and negotiations.

Gombe’s ranking in the ease of doing business and investment-friendly ecosystem are the main drivers of growth which has cumulated in investment pledges and the signing of agreements.

Vice president Yemi Osinbajo is conscious of the challenging global economic realities.

He is pleased that Gombe State, though a subnational is planning like a sovereign and laying the bricks for a much brighter future.

Prof Osinbajo later inspected ongoing work at the industrial park after honouring young entrepreneurs in Gombe state.

He noted that effective collaboration between Federal and State Governments with the private sector is a sure catalyst for boosting economic growth, economic diversification and improved productivity.

The VP, said it was “fascinating that Governor Muhammadu Inuwa Yahaya has approached the development of the State by thinking as a Sovereign State as opposed to thinking as a sub-national.”

In his  view, the Governor’s vision to draw up a 10-year development plan – Medium Term Expenditure Framework (MTEF), and determination towards creating an enabling business environment, were key pivots to economic growth.

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