The Executive Governor of Plateau State, His Excellency, Barr. Caleb Manasseh Mutfwang pledged to create a favorable environment for the private sector to help develop the plateau’s economy.
This was made known by the Governor at the 2023 National Workshop of the Chattered Institute of Stockbrokers in Abuja.
Mutfwang acknowledged the institute’s significant contribution to the Nigerian economy and emphasized that his government’s main economic strategy is based on public-private partnerships (PPPs).
Recognizing the daunting task of reviving the economy amidst N300 billion debt burden, the Governor expressed his administration’s reliance on the private sector to drive economic revitalization.
He disclosed that strategic investments will be made in industrialization and agriculture, shifting away from raw material production to value-added processes, thereby improving the state’s economic prospects.
Governor Mutfwang expressed confidence in building a robust relationship with the private sector in the coming months.
By leveraging this partnership, he said the government aims to revamp the Plateau State economy by developing programs that focus on infrastructure and industrialization.
The Governor underscored the importance of the private sector’s involvement in raising capital for these initiatives and expressed the state’s readiness to collaborate with the Chattered Institute of Stockbrokers for the overall development of Plateau State. The governor urged the Chattered Institute of Stock Brokers and other stakeholders to ignore negative statements depicting Plateau State as an unsafe region.
He assured them that concerted efforts had been made to solve security problems in order to create a safer environment for investment and development.
Therefore, Governor Mutfwang urged potential investors to take advantage of the current favorable environment and incentives to promote economic growth and prosperity through public-private partnerships.