Home Economy Gombe ready to leverage new electricity act to support investment in power sector for self- sufficiency, economic growth

Gombe ready to leverage new electricity act to support investment in power sector for self- sufficiency, economic growth

by Business News Report

Gombe State Governor, Muhammadu Inuwa Yahaya have called on private investors from within and outside the state to take advantage of the good atmosphere and business-friendly environment provided by his administration in the state and invest in the power sector which offers great prospects. The Governor  restated his government’s readiness to partner  with private sector towards harnessing the power potentials of Gombe State, thereby fostering industrial development, economic growth and prosperity of the people. The governor made the call in Kaltungo at the civic reception and turbanning ceremony of the Secretary to Gombe State Government, Professor Ibrahim Abubakar Njodi as Madakin Kaltungo, weekend.

Governor Inuwa expressed concern over the poor condition of power supply in the state and the country at large, the problem he attributed to the inefficiency and failure of leadership at different levels, calling on leaders at various positions of authority to brace up and put things right. He noted that “Gombe State is blessed with various power potentials like coal, uranium, dams, Kolmani oil and gas field, wind and solar resources, among others which if properly harnessed will go a long way in improving the quality and standard of life of the citizenry. “We have both human and material resources to harness these potentials and provide our state with adequate power for industrial and socio-economic development”. He expressed optimism that with the new law permitting states to generate, transmit and distribute power, things will change for the better, assuring that Gombe State is ready to leverage the opportunity and generate power internally.

“We cannot afford to abandon these enormous potentials that we have. We will leverage this law and ensure that our people benefit from their endowed resources. When there is adequate power, industries will prosper and generate employment for our teeming populace, especially youths, bringing forth economic growth and development in our dear state and the country in general”, he explained. The governor restated his government’s readiness to collaborate with private individuals, groups, organisations, development partners, and all relevant stakeholders towards making Gombe a self-sufficient state in power generation in the country.

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