My goal is to enhance business operations in Plateau State. Hon Musa Sule,
the Federation Account, the newly appointed Commissioner of Commerce and Industry, Hon. Musa Sule Haruna, has stated that his goal is to increase the State's Internal Generated Revenue (IGR) to a level that will make the state self-sustaining.
After being sworn in by Governor Caleb Mutfwang at the
Langsfield Event Centre in Rayfield, Jos, on Friday, Hon. Musa addressed
questions from the media and hinted that the ministry would succeed by turning
state resources into economically viable businesses with the primary goal of
guaranteeing the best possible use of resources through industrialization.
He said "states like Lagos, Rivers, and others don't
rely on monthly funding from the Federation Account for survival," noting
that Lagos state was once denied funding
from the Federation Account for 13 months, but despite this, the state managed
to survive due to the amount of industrialization that increased its IGR.
In light of this, we plan to propel our economy through
resource commercialization and to promote private sector involvement in
government initiative projects.
"The ministry would suggest to the government that it
revitalize some of the businesses and industries that it owns, like BARC Farm,
JIB, and many others.
In an effort to increase our IGR, we would also promote
international collaboration and investment as well as make it easier to start,
register, and manage businesses.
The Hon. Commissioner further stated that the ministry would
similarly guarantee that amenities were made available to market vendors and
that the Plateau was promoted as a desirable location for businesses.
The immediate-past APC government left the state with a debt
profile of more than N300 billion and nothing to show for it, notwithstanding
the bailout and the Paris Club refund, Hon. Sule added.
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