Chairman of the Bauchi Economic and Investment Summit Organising Committee, Professor Murtala Sagagi, has assured investors of the state government’s commitment to sustaining all economic frameworks and incentives introduced through the summit beyond the current administration.
Speaking on the sidelines of Bauchi Investment Summit, Professor Sagagi said Bauchi’s potential for investment was first identified over a decade ago by the UK Government, where he served as one of the consultants that promoted the state to international investors.
He announced that before the end of the year, the state government will establish the Bauchi Investment Promotion Agency, which will serve as a one-stop centre to receive, facilitate, and support investors. The agency will be backed by law to ensure continuity regardless of leadership changes.
On security, Professor Sagagi described Bauchi as “the most peaceful state in Northern Nigeria,” noting that stability and safety remain the strongest attraction for investors.
Professor Sagagi also introduced the Bauchi Investment for Growth (BIG) Project, which links major investments to small and medium enterprises, particularly those owned by women, to ensure inclusiveness and job creation at the grassroots.
Responding to questions on policy sustainability, the Secretary to the State Government who is the co-chair Hon. Aminu Hammayo, explained that the government has developed a long-term perspective plan from 2024 to 2033 supported by the UNDP to guarantee policy consistency and institutional stability beyond one administration.
Another key question raised during the briefing centered on investor confidence and long-term protection of incentives introduced through the summit.
The SSG further disclosed that the state is harmonizing its tax system to simplify business operations and encourage private sector participation.
He also highlighted efforts to strengthen women and youth enterprises through cooperative groups, savings and loan schemes, and SME programmes across local communities.
Both the chairman and the co-chair, assured that Bauchi’s economic drive is guided by a clear long-term vision aimed at building a resilient, technology driven, and investor friendly economy.
