Adamawa State Governor Ahmadu Umaru Fintiri has reassured investors of the state’s stability and business-friendly environment, taking to the state’s social media X handle to make the announcement.
During a meeting with a team from the Bureau for Public Enterprises (BPE) at the Government House on Wednesday, Governor Fintiri emphasized the peaceful conditions in Adamawa, highlighting the state’s readiness to welcome and support business ventures.
The focal point of the discussions was the revitalization of the moribund Yola International Hotel. Governor Fintiri stressed the importance of adhering to due process to attract reputable investors, expressing his administration’s commitment to partnering with BPE and other organizations for the hotel’s redevelopment.
“We are keen on adopting a public-private partnership to breathe new life into Yola International Hotel,” Governor Fintiri stated. “Our administration has made significant strides, earning positive ratings from both local and international agencies. We are dedicated to maintaining these high standards and will not compromise on due process.”
Michael Magaji, the team lead from BPE, accompanied by consultants from Weircapacity Group, praised Governor Fintiri’s administration for its transformative efforts and adherence to due diligence in business practices. Magaji highlighted Adamawa as a standout among Nigerian states, commending its transparent business processes and expressing eagerness to contribute to the state’s growth.
“Adamawa has set a benchmark with its commitment to transparency and efficient business operations,” Magaji remarked. “While Nigerian states possess abundant capital, unlocking it remains a challenge. Adamawa’s approach serves as a model from which others can learn.”
Governor Fintiri’s proactive efforts to court investors underline Adamawa’s potential as a burgeoning hub for business, promising a bright future for economic development in the state.
PIONEER NEWS 