VP KASHIM SHETTIMA LAUNCHES WORLD BANK-FUNDED PROJECT IN NASARAWA STATE

Fri, 3 Jan 2025   (02:43 pm) By   The Global Times
From Nata'ala Keffi

In a landmark event, Vice President of the Federal Republic of Nigeria, His Excellency Kashim Shettima, performed the groundbreaking ceremony for the One-Stop Investment Centre and Multi-door Court house in Lafia, Nasarawa State.

The project, funded by the World Bank through its 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.

Speaking at the ceremony, Vice President Shettima emphasized the importance of creating a conducive business environment 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.

The One-Stop Investment Centre will offer a range of services, including investment facilitation, provision of information, and granting of business approvals and permits. This will 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.

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

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 Vice President's support is a testament to the government's commitment to promoting economic development.