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Nasarawa 2024 Investment Summit: Tinubu Emphasizes Lithium as Key to the Future

Tinubu urged states endowed with the mineral to leverage global demand for economic growth

paulcraft by paulcraft
May 16, 2024
in National
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Nasarawa 2024 Investment Summit
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  • President Bola Tinubu advocates states abundant in lithium to explore mining sector investment opportunities for economic advancement
  • Tinubu, represented by Minister Doris Uzoka-Anite, lauds Nasarawa’s efforts in attracting investors and inaugurating a mining processing plant

President Bola Tinubu has advocated for states abundant in lithium to explore investment opportunities in the mining sector, citing it as crucial for economic advancement and pivotal for future industries.

Speaking at the 2-day Nasarawa Investment Summit 2024 themed “The Industrial Renaissance,” Tinubu, represented by Minister of Industry, Trade and Investment, Doris Uzoka-Anite, commended Nasarawa Governor Abdullahi Sule’s endeavors in attracting investors, urging other states to emulate such initiatives.

Tinubu applauded Nasarawa’s recent achievement in inaugurating a 4,000-ton per day processing plant in the mining sector, emphasizing the state’s dedication to progress.

Highlighting lithium’s significance in emerging industries, Tinubu urged states endowed with the mineral to leverage global demand for economic growth.

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Governor Sule affirmed Nasarawa’s commitment to stimulating economic growth, fostering wealth creation, and facilitating job opportunities through strategic policies like the “Nasarawa Economic Development Strategy.” He attributed the success of previous investment summits to the influx of investors and the harnessing of the state’s mineral resources.

Sule remarked, “It is pertinent to remind you that Nasarawa State organized the first edition of the Nasarawa Investment Summit in 2022, aimed at attracting investments and showcasing our mineral resources to potential investors.”

He further pledged to sustain the investment summit to spotlight other solid mineral resources yet to be tapped by interested investors.

Meanwhile, Ibrahim Abdullahi, Managing Director and Chief Executive Officer of the Nasarawa State Investment and Development Agency, stated that this year’s theme reflects Nasarawa’s aspirations to usher in a new era of industrial growth and prosperity. He emphasized the state government’s acknowledgment of industrialization’s pivotal role in driving economic development, creating job opportunities, and enhancing citizens’ quality of life.

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