Home Breaking News Gov Sule advocates PPP model to reduce unemployment, boost economy

Gov Sule advocates PPP model to reduce unemployment, boost economy

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By Jide Orintunsin – Abuja

Nasarawa state governor, Engr. Abdullahi Sule has identified the adoption of the Private Public Partnership (PPP) model as a means of reducing the increasing rate of unemployment in the country.

He also said the model will greatly help to boost the state economy of the country in the face of global economic recession.

He gave this advice on Tuesday in Abuja during a visit to Halibiz Industries, Idu Industrial Area, Abuja.

Aside from the PPP approach, Gov. Sule also said provision of adequate infrastructures such as a good road network, the regular and cheap power supply would go a long way in reducing the cost of production to enable private investors’ quick returns to their investment.

According to the governor, investors in Nigeria face the challenge of infrastructure.

Sule said: “Before the company will grow and begin to make a profit, he needs government support. The cost of production will be reduced if he has a constant power supply if he has good roads. That’s why most of the companies in India and China are producing at a very low cost because the cost of energy is very little; their cost of labour is very little, and so many like that.”

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The governor who commended the entrepreneurial spirit of the promoters of Halibiz Industries said his administration will do everything possible to ensure that the organisation set up an additional facility in Nasarawa State.

“If you know how the company (Halibiz) started, it even makes us to be more proud that we have someone like this from Nasarawa state, doing something like this.

Earlier, the President of the company Adamu Aliyu, told the governor that his organisation has plan to establish a storehouse in Lafia, the Nasarawa State capital that will serve as a gateway to the state, Benue and to the South-East part of the country.

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Adamu Aliyu, who is a trained Quantity Surveyor, urged the governor to partner with his company to see the reality of his initiatives which he said will provide jobs for several unemployed youths.



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