Bauchi Investment Summit Secures Over $5 Billion Deals
Bauchi State's first investment summit recorded $5 billion in pledges and 47 MoUs covering key sectors.
The two-day Bauchi State Business and Investment Summit aimed to open the state to the business world, resulting in 47 Memoranda of Understanding (MoUs) signed with local and foreign investors.
- Agriculture
- Minerals
- Infrastructure
- Tourism
- Power
- Hospitality
- Sports
- ICT
One of the MoUs translated into a concrete investment deal worth $1 billion, which will become operational before the end of the year.
According to Professor Murtala Sabo Sagagi, Chairman of the Summit Planning Committee, the agreements covered various key sectors of economic development.
Author's summary: Bauchi State secures $5 billion deals and 47 MoUs.