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VP Shettima lays foundation for World Bank investment centre in Nasarawa

VP Shettima Inaugurates World Bank investment centre in Nasarawa

By David Odama

The Vice president, Senator Kashim Shettima Friday performed the foundation laying ceremony for the One-Stop Investment Centre and Multi-door Court house in Lafia, Nasarawa State

The project, fully funded by the World Bank through its SABER Systematic Assessment of Business Environment Reform initiative aimed at revolutionizing the investment climate in Nasarawa State to providing a seamless and efficient experience for investors.

Speaking during the inauguration, Vice President Shettima said the centre would assist create a conducive business environment to attract investments and drive economic growth.

“This project is a testament to our administration’s commitment to galvanize economic development and improving the lives of our people”.

According to the Vice president, the One-Stop Investment Centre will offer a range of services, including investment facilitation, provision of information, and granting of business approvals as well as permits.

“This centre will significantly reduce the time and cost of doing business in Nasarawa State making it an attractive destination, environment 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 which will help to improve the business”, Shettima declared

TMSnews gathered that 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.

In his remarks, the Governor of Nasarawa State, Engr. Abdullahi Sule, applauded 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”.

“With this project, Nasarawa State is poised to become a hub for investment and economic growth, and the Vice President’s support is a testament to the government’s commitment to promoting economic development”, Governor Sule stated.

The groundbreaking ceremony was witnessed by top government officials, traditional rulers, and stakeholders from the private sector.

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