The Vice President of the Federal Republic of Nigeria, Kashim Shettima, performed the groundbreaking ceremony for the One-Stop Investment Centre and Multi-door Court house in Lafia, Nasarawa State.
He performed the groundbreaking event described by bookmakers described as historic in the life of the administration of Engr Abdullahi Sule as governor.
The project which is being funded by the World Bank through SABER (Systematic Assessment of Business Environment Reform) initiative, aims to revolutionize the investment climate in Nasarawa State by providing a seamless and efficient experience for investors.
The Vice President Shettima while speaking during the event, emphasized the importance of creating conducive business environments to attract investments and drive economic growth.
“This project is a testament to our administration’s commitment to promoting economic development and improving the lives of our citizens,” he said.
Krestnews.com reports that the One-Stop Investment Centre will offer a range of services, which includes investment facilitation, provision of information, and granting of business approvals and permits.
The centre will also significantly reduce the time and cost of doing business in Nasarawa State, making it an attractive destination for investors.
The Multi-door Court house, on the other hand, will provide an alternative dispute resolution mechanism, offering a faster and more cost-effective way of resolving commercial disputes.
This will help to improve the business environment, making it more attractive to investors.
The project is expected to have a significant impact on the economy of Nasarawa State, creating jobs, stimulating economic growth, and improving the standard of living of the citizens.
The Governor of Nasarawa State, Engr. Abdullahi Sule, expressed gratitude to the Vice President and the World Bank for their support.
“This project is a game-changer for our state, and we are committed to ensuring its successful implementation,” he said.
Krestnews.com further reports that the groundbreaking ceremony was attended by top government officials, traditional rulers, and stakeholders from the private sector.
With this project, Nasarawa State is poised to become a hub for investment and economic growth, and the Federal Government’s support is a testament to the government’s commitment to promoting economic development.
The Vice President also distributed relief materials to those affected by flood which occurred in various parts of the state late last year.
A total of over one thousand people people benefited from the relief package.
The Vice President also distributed tractors to benefited farmers as part of the state government’s bid to boost mechanised agricultural practice in the state(www.krestnews.com).