Kwara Government to attract N30 billion investments

Tunde Akanbi, Ilorin

The Kwara State Government is to attract N30 billion naira worth of investments in Manufacturing, Power, Health, Energy and Aviation through Public-Private Partnership between now and 2019.
Governor Ahmed disclosed this on Thursday in Ilorin while performing a ground breaking of ‘The Hub’, Office Suites and Multi-Use Stall project of Harmony Investment and Property Development Company Limited.

He said the government had also estimated about N1.5 billion naira worth of new investments in solid minerals sector within the same period.

The Governor explained that the projected investment inflows depend on critical factors such as Government Policy Consistency, a stable monetary climate and the appropriate incentive regime.

Governor Ahmed encouraged the Harmony Holdings Limited to look into and invest on other sectors of the economy such as Agriculture, Solid minerals, housing and financial services to increase the state’s revenue base and create jobs.

Governor Ahmed promised that his government would continue to provide enabling environment for business activities to thrive for economic prosperity.
Also speaking, the Chairman, Harmony Holdings Limited, Professor Halidu Abubakar who was represented by Isiaka Yusuf disclosed that the project would be completed within six months.
Earlier, the Group Managing Director, Harmony Holdings Limited, Mr. Tope Daramola had appealed to the public to subscribe to the project as it would be built in line with international standard.