Gov Bago Urges Investment in Capital Assets to Enhance Productivity, Agriculture - The Source

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Gov Bago Urges Investment in Capital Assets to Enhance Productivity, Agriculture

The Source by The Source
May 22, 2025
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Niger State Governor, Mohammed Bago, has called for increased investment in capital assets and infrastructure to create a thriving environment for private sector growth and agricultural development in Nigeria.

Speaking at the opening ceremony of the Taraba International Investment Summit (TARAVEST 2025) in Jalingo, Governor Bago—who represented the Chairman of the Nigeria Governors’ Forum, Governor AbdulRahman AbdulRazaq of Kwara State—emphasized the importance of government-led investments in physical and productive assets to stimulate economic development.

“To drive growth and ensure goods are produced for the people, there must be deliberate investments in capital procurement that enable the private sector to function efficiently,” he said.

Governor Bago, widely known for his agricultural background, urged state governments to leverage Nigeria’s natural advantage for year-round farming. He suggested that states collaborate with contractors handling infrastructure projects to repurpose heavy-duty machinery for land preparation in agriculture.

“By embracing this kind of partnership, we can increase food production and reduce poverty across the country,” he added.

Also addressing the summit, President Bola Ahmed Tinubu, represented by Vice President Kashim Shettima, stressed the need to scale up national productivity—especially in agriculture—to match the country’s growing population. He urged Nigerians to adopt mechanized farming to meet global standards.

The Sultan of Sokoto, His Eminence Muhammad Sa’ad Abubakar, also lent his voice to the call for growth, urging governments to prioritize security, noting that no meaningful investment can take place in an unsafe environment. “Security must come first if we are to attract serious investors,” he said.

Business mogul Aliko Dangote highlighted the pivotal role of the private sector in economic diversification and urged greater inclusion of private investors in national development plans.

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Gov Bago urges investment in capital assets to enhance productivity, agriculture
Innocent Raphael10 hours ago 1 minute read

Mohammed Bago
By Kunle Sanni

Niger State Governor, Mohammed Bago, has called for increased investment in capital assets and infrastructure to create a thriving environment for private sector growth and agricultural development in Nigeria.

Speaking at the opening ceremony of the Taraba International Investment Summit (TARAVEST 2025) in Jalingo, Governor Bago—who represented the Chairman of the Nigeria Governors’ Forum, Governor AbdulRahman AbdulRazaq of Kwara State—emphasized the importance of government-led investments in physical and productive assets to stimulate economic development.

“To drive growth and ensure goods are produced for the people, there must be deliberate investments in capital procurement that enable the private sector to function efficiently,” he said.

Governor Bago, widely known for his agricultural background, urged state governments to leverage Nigeria’s natural advantage for year-round farming. He suggested that states collaborate with contractors handling infrastructure projects to repurpose heavy-duty machinery for land preparation in agriculture.

“By embracing this kind of partnership, we can increase food production and reduce poverty across the country,” he added.

Also addressing the summit, President Bola Ahmed Tinubu, represented by Vice President Kashim Shettima, stressed the need to scale up national productivity—especially in agriculture—to match the country’s growing population. He urged Nigerians to adopt mechanized farming to meet global standards.

The Sultan of Sokoto, His Eminence Muhammad Sa’ad Abubakar, also lent his voice to the call for growth, urging governments to prioritize security, noting that no meaningful investment can take place in an unsafe environment. “Security must come first if we are to attract serious investors,” he said.

Business mogul Aliko Dangote highlighted the pivotal role of the private sector in economic diversification and urged greater inclusion of private investors in national development plans.

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