BY FAIZA JIBRIN, OCTOBER 3, 2024 | 11:39PM
In a significant step towards economic revival, the Borno State Government has secured key foreign direct investment (FDI) deals to propel the state's recovery from insurgency and recent flood disasters.
These agreements were finalized at the Foreign Investment Network Summit and the prestigious Forbes Best of Africa Award in New York, USA.
Representing Governor Babagana Umara Zulum of Borno, Dr. Mairo Mandara, chief adviser and coordinator of the Borno State agency for humanitarian affairs, partnerships, and sustainable development, emphasized the state's commitment to harnessing global partnerships for development.
The state's focus is on eradicating poverty, rebuilding infrastructure, and promoting sustainable growth.
After more than a decade of insurgency, which devastated infrastructure and displaced millions, Borno State is rebuilding under Gov. Zulum's leadership.
The state has made significant strides in peacebuilding, reconstruction, and socioeconomic recovery
The secured investments will fast-track the state's 25-Year Development Plan, aiming to restore normalcy and achieve sustainable development.
The vision relies on leveraging Borno's resilient population, supported by local and international partners.
Gov. Zulum's administration prioritizes creating an enabling environment for investments, ensuring Borno's path to self-reliance and prosperity.
The New York summit provided a platform for the Borno State Government to showcase its potential to international investors.
Deals focused on digital transformation and tourism will create job opportunities, enhance revenue generation, and promote the region's cultural heritage.
These investments will also help mitigate climate-related disasters' impact, such as floods.
The strategic partnerships formed at the summit underline Borno's long-term ambition to integrate digital technology, foster innovation, and connect to the global economy.
These efforts align with the state's recovery agenda and leadership's vision to rebuild and improve.
As Borno emerges from its past challenges, these new partnerships represent a critical turning point, demonstrating the state's resilience and commitment to recovery.
Citizens of Borno, long acquainted with hardship, now see tangible progress toward a future of peace, stability, and sustainable development.