HomePoliticsEnugu Govt Sets $2b Target From Diaspora Investment

Enugu Govt Sets $2b Target From Diaspora Investment

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Enugu State Governor, Peter Mbah on Monday asserted that his administration has concluded major plans to host a Diaspora and Investment Forum (ES-DIF) which will enable it raise at least $2 billion in additional investments for the state.

While addressing newsmen in Enugu on Monday, Mbah revealed that the forum which is scheduled to hold sometime in April next year, is part of promises he made to the people during his swearing-in, adding that he had planned to raise revenue from ₦4.4 billion to ₦30 billion.

The governor noted that he would hold an investment and economic stakeholders’ roundtable in September as a precursor to launch of the first edition of ES-DIF.

He added that the forum would be a multi-stakeholder, fully transactional platform to match project sponsors, domestic and international financial institutions and private investors, including the diaspora community and development partners, to viable investment opportunities in the state.

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Mbah explained that his administration has made concerted efforts to identify commercially viable investment and business opportunities that cut across multiple sectors, including energy, agribusiness, tourism, and transport, as well as the data centre economy.

In another report, Mbah had last week reiterated his administration’s determination to migrate the state’s civil service from manual means of operations to e-governance.

Governor Mbah said this would be made possible through training the workforce on digital transformation and other innovative technologies.

The governor made this known on Thursday when the duo of the newly appointed Head of Service, Mr. Kenneth Ugwu, and the Principal Secretary to the Governor, Mr. Ken Chukwuegbo, took their oaths of office at the Lion Building, Government House, Enugu

While felicitating them on their appointments, Governor Mbah said they were considered for the offices based on their track records and wealth of experience in the civil service, even as he expressed confidence that they would help to drive the digitalisation policy of his administration.

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