Governor Agbu Kefas Unveils Committee to Boost Taraba's Economy

Taraba State is poised for economic transformation thanks to Governor Dr. Agbu Kefas' establishment of the Committee for Mobilization of Development and Investments. This strategic move aims to attract investors and bolster the state's economy, leveraging its vast investment potential.

Governor Agbu Kefas, a seasoned leader with a strong background in politics and military service, including chairman of the Nigerian Maritime Administration and Safety Agency (NIMASA) has been at the helm of Taraba State since 2023.

The newly formed committee is tasked with harnessing Taraba State's investment potential, particularly in key sectors such as agriculture, mining, and tourism. With its fertile soil and favorable climate, Taraba State is ideal for crop production and livestock farming. The state is also rich in mineral deposits, including limestone, granite, and marble, making mining a lucrative sector. Additionally, its unique natural attractions, such as the Mambilla Plateau and the Benue River, offer untapped tourism potential.

To attract investors, the state government has implemented policies and initiatives, including streamlined business registration processes, improved infrastructure development, and tax incentives. The Taraba State Government has also identified non-oil revenue sources, such as taxes and fees, as crucial to economic growth. According to a study by Falack Victor Samuel, tax revenue has a positive and significant impact on economic growth in Taraba State.

With the committee in place, Taraba State is set to become a hub for investment and economic growth in Nigeria. The state's unique blend of natural resources, strategic location, and investment-friendly policies makes it an attractive destination for domestic and foreign investors alike. As Governor Agbu Kefas continues to drive economic transformation, Taraba State is poised for a brighter future.

The committee boasts an impressive lineup of experienced members, including Senator Haruna Manu as Chairman and Barr. Uba Maigari as Alternate Chairman. Other notable members of the high powered committee include Senator Shuaibu Isa Lau who is to function as the Vice Chair.

Senator Solomon David Jimkuta, Rt. Hon. Mark B. Useni, Ph.D., Hon. Ja'afaru Yakubu, Hon. Sadiq Abbas Tafida, His Excellency, Sani Abubakar Danladi, His Excellency, Armayawu Abubakar, and Hon. Ahmed Yusuf are to be members while Barr. Umar Bangari will serve as Member/Secretary of the committee.

Taraba State's unique selling points include its fertile soil, favorable climate, and rich mineral deposits, making agriculture, mining, and tourism lucrative sectors for investment. The state's strategic location, sharing borders with Cameroon, provides access to international markets, further enhancing its investment appeal.

To woo investors, the state government has implemented policies and initiatives, including streamlined business registration processes, improved infrastructure development, and tax incentives.

The committee's establishment is timely, given the state's ongoing projects, such as the $5.8 billion Mambilla Hydroelectric Power Project, expected to generate 3,050 megawatts of electricity and the completed Kashimbilla dam project all pointing towards the development of the nation and providing employment opportunities for locals.

With the committee in place, Taraba State is poised to become a hub for investment and economic growth in Nigeria, offering an attractive blend of natural resources, strategic location, and investment-friendly policies.