Zamfara To Diversify Investment, Reduce Dependence On Federal Allocation

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Executive Governor of Zamfara State, Dr. Bello Mohammed (Matawalle)

By; MOHAMMED MUNIRAT NASIR, Gusau


Zamfara State to diversify its investment in its bid to increase the Internal Generated Revenue (IGR) of the state to lessen total dependence on the federal allocation.
This was disclosed by the Managing Director, Zamfara State Investment and Property Development Company Limited, Alhaji Anas Hamisu Lawal in an interview with newsmen in his office in Gusau.
Lawal said plans are underway by the company to invest in purchasing shares worth over N250 million in order to boost the state IGR and create more wealth to the state government.
He commended the support given to his company by the state government under the leadership of Governor Bello Mohammed Matawalle particularly in the area of investment reinvigoration for the development of the state IGR base and job opportunity.
“As I am talking to you now, the state government under the leadership of Governor Bello Mohammed Matawalle has purchased the Best Premier Hotel in Wuse two and Six units of three bedroom flats in Abuja for the company.
“It is with a view to develop the state investment process and generate more income to the state and creation of more job opportunity for the Youths of our dear state,” he said.
The Managing Director added that, this year, the company will soon embark on transportation business with a view to create more job opportunity and enhance the IGR base of the state. 

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