Governor Sule Submit Two Executive Bills To Nasarawa Assembly

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Rabiu Omaku

Nasarawa State Governor, Engineer Abdullahi Sule said the two executive bills submitted to the Nasarawa State House of Assembly, namely, the Mortgage Foreclosure Bill and the Investment and Public Private Partnership Bill would serve as a roadmap to open Nasarawa State to the world.

 

Engr.Sule said the fulcrum of the two bills If pass into law would provide affordable housing for the people of the State, He said the passage of the two bills, will create the opportunity for the Government to open up the State to the world.

 

He gave the disclosure during the signing of the Memorandum of Understanding between the State Government and the Nigeria Mortgage Refinancing Company; Engineer Sule added that his administration is desirous of exploiting the economic benefits of the State’s proximity to the Federal Capital Territory, which remains the biggest advantage for the Nasarawa State.

 

He pointed out that the goal of his administration is to open up opportunities for the people of the state, just as the Governor restated the commitment of the State Government to provide necessary infrastructure, especially roads, water and electricity in Karu Local Government Area, in order to attract housing development, saying the effort is conformity with Nasarawa Economic Development Strategy.

 

The Governor Thanked the company for appreciating the efforts of his administration to reposition the State, Sule explained that the State Government is making sure to provide the atmosphere for other investors to come, for the benefit of the people of the State.

 

The Special Adviser to the Governor on Investment and Economic Development,In a welcome address, Barrister Ibrahim Abdullahi hinted that the  signing of the Memorandum of Understanding was in line with the policy thrust of Engineer Abdullahi Sule led  administration to create enabling environment for investment and investors  across different sectors of the State’s economy.

 

Abdullahi added that the initiative will open up opportunities in the housing, real estate and construction sector, both in terms of the ability of the people of the State to have the liquidity to afford housing,  as part of the administration’s sustainable housing programme.

 

The agreement was reached at a ceremony at the Government House Lafia,The Secretary to the Government of Nasarawa State, Barrister Ubandoma Aliyu on behalf of the State Government signed the Memorandum of Understanding  alongside with the Managing Director and Chief Executive Officer of Nigeria Mortgage Refinancing Company  Mr. Kehinde Ogundimu signing  on behalf of the company.

 

The MD explained that the MoU will guarantee confidence in investors to come into  housing, real estate and construction market, expressing strong confidence that with the proximity of Nasarawa State to the Federal Capital Territory, Abuja similar to what Ogun is to Lagos, the State is in a position to attract investors.

 

He stated that the firm, having gone into similar arrangements in Kaduna, Ogun, Ekiti and amongst others and with visible impacts, has the strong believe that the initiative enable people of the state source finance using their lands, create job opportunities,  as well as increase Internally Generated Revenue for the state.

 

“The initiative is capable of increasing the Gross Domestic Product of the State by 20 to 30 percent,” Ogundimu hinted

 

He appreciate Governor Abdullahi Sule for his immense contributions to the State especially in the areas of road construction, agriculture and agro processing, education and most significantly,  on security, stressing that the NMRC is encouraged

 

The Nigeria Mortgage Refinancing Company was established in 2015, with a view to promoting the delivery of affordable housing to Nigerians.

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