In less than a month, the Bauchi State governor, Senator Bala Mohammed, has visited strategic global business hubs and centres of excellence. Accompanied by some key members of his administration and private sector entrepreneurs from the state, the governor attended first, the World Cities Forum and Regional Leaders Summit in Jinan, capital of the Shandong Province of China and lately, the 8th world Investment Forum in Abu Dhabi, UAE. Two words describe what Bala Mohammed was looking for at those centres: Investments! Partnerships!
During the China visit, the Bauchi State Government signed two memoranda of understanding both aimed at fast-tracking economic development of the state. The first MOU was signed by the Bauchi State Government (Nigeria) and the Government of Shandong Province (China) on a mutual co-operation, economic friendship and Inter Country Business Exchange as well as Value Addition on Critical Sectors of the Economy while the second was between the Bauchi State Government and Minsheng Group LMT on a strategic co-operation framework agreement on China/Nigeria.
For Bauchi State, the ultimate aim of these agreements is to promote trade and investment, build industrial capacity, boost green energy, improve food security and fight poverty.
Shandong, which in 2019 was reputed to be the third largest economy in China, has a diversified agricultural and industrial economy with specialization in logistics, electronics and ICT, agro-food, automotive, chemical and ship-building and marine technology. Obviously, such an economy fits the partnership profile that the Bala Mohammed administration would cultivate to harness the state’s nascent ICT, agro-allied, chemical and automotive value chains.
Predicating his optimism on China’s ever-growing relationship with Africa, Bala Mohammed who, as minister of the Federal Capital Territory (FCT) between 2010 and 2015, had enjoyed a cordial working relationship with the Chinese said: “Nigeria and China had shared a relationship of mutual respect with Nigeria being China’s third largest trading partner in Africa and China being Nigeria’s largest source of imports.
“The renewed commitment towards improving the bilateral cooperation between the two countries has most recently been bolstered with major sectors witnessing development driven by strategy and investment”. It is this new opportunity that Bala Mohammed wants to leverage for the benefit of Bauchi State.
To understand Bala Mohammed’s mission in faraway Asia and the Middle East, some fundamentals are necessary. To start with, one needs to plug into the “My Bauchi First” document of the Governor, which explains the philosophy of his administration. The main thrust of that philosophy is to leverage the land assets of Bauchi State, to transform an essentially agrarian society into an industrialized one where the citizens will enjoy full employment and higher living standards.
Stripped to its basics, the administration would, in partnership with private sector entities, harness the state’s land resources starting with the land itself (and Bauchi is blessed with a large land mass) and all the resources associated with the land. Top on the list of these are solid minerals.
To accelerate growth in this area, BAMSEL has already acquired 17 mining licensees covering deposits of limestones, lithium, gold, kaolin, mica lead, zinc, tin/columbite etc. Obviously, the MOU with Minsheng Group LMT is targeting Bauchi’s huge solid minerals’ endowment.
Equally open for mutually rewarding private sector collaboration is the vast agricultural value chain embracing rice, sesame etc., hydrocarbons as well as animal husbandry.
This is the right time to invest in Bauchi State because Bala Mohammed’s investment pitch is anchored on a very solid foundation. In recent years, Bauchi State has ranked between 4th and 6th position on the ease of doing business index among the 36 states and Abuja. This is the outcome of deliberate institutional effort at establishing a governance environment that benchmarks global best practices in transparency, accountability and inclusion.
The breathtaking investment in infrastructure that earned Bauchi State the Federal Government’s recognition as the best in rural infrastructure should also excite prospective investors particularly those involved in the agriculture and solid minerals value chains. More than ever before, today, farmers in Bauchi are better placed to move agriculture produce and farm inputs between the rural areas and the cities. It is also noteworthy that the IGR of the state has also significantly appreciated, placing it as third on the national IGR index, a clear indication that economic activities are on the upswing.
Before confidently setting out on his investment drive, Governor Bala Mohammed had taken steps to address another major factor: human capital development. With the commencement of the Oil & Gas academy in the state and the various skill acquisition programmes of the government, investors would have access to skilled and affordable labour that not only guarantees seamless business activity, but good return on investment.
It is against the above background that Bala Mohammed’s investment drive should be considered and understood as a most propitious move by a modernizing and transformational technocrat who is determined to bequeath a legacy of sustainable development to his state.
In Abu Dhabi as in China, the message was the same: come, let us collaborate to achieve a win-win situation for all stakeholders. “I am committed to collaborating with development partners in business exploration, tourism and agriculture,” he told the Abu Dhabi Investment Forum, stressing that the collaboration aims “to promote and advance small businesses by showcasing our local products globally.”
By emphasizing small businesses, Governor Bala Mohammed was simply reiterating his familiar refrain: that for Bauchi’s rich resource endowment to translate to wealth and progress, local businesses must benchmark value additions that qualify indigenous products to play at the global level hence the need to collaborate with foreign partners. He also implied that sustainable progress would revolve around the micro-, small and medium-scale businesses.
Cont. on dailytrust.com
Gidado is Special Adviser to Governor Bala Mohammed on Media and Publicity
In addition to agriculture and the mineral sectors, smart investors would realise that it is not for nothing that Bauchi State is described as the tourism pearl of Nigeria. The famous Yankari Games Reserve still holds much of its allure as an unrivalled hospitality haven, a quiet get-away where, with investment and proper management, nature and modernity would blend into a wholesome ambience delivering quality entertainment and rest to tourists and solid returns to investors.
Given the recent restoration of regular flights to Bauchi (thanks to Valuejet Airlines and the indomitable spirit if the governor and his team), Bauchi is open again to business by air. The 35-minute flight to Abuja guarantees that business visits to Bauchi can be concluded same day. But then, why would anyone want to rush back to Abuja rather than pass the night at the well-secured Command Guest House that boasts of uninterrupted power and water supplies?
Confidence in Bauchi’s investment climate is boosted by the administration’s recognition that development is about people; that unless they take ownership of programmes and processes, every effort will come to naught. Thus, between 11th and 13th of October, the top echelon of the Bauchi State Government gathered at the new ultra-modern Bauchi Hajj Camp, in a no-holds-barred retreat whose primary objective was to prepare the leadership cadre to brace up for the decisive stage of the implementation of Bala Mohammed’s “My Bauchi Project” document.
Led by human resource impresario, the straight-talking Usman Bugaje, who also chaired the transition committee that produced a three-volume report for the administration, resource persons took the participants through some thought-provoking sessions that obviously signaled the seriousness of the administration. Drawn from the academia, government, security agencies and the private sector, the speakers took turns to dissect various aspects of governmental administration.
One of the biggest revelations of the retreat is the fact that a new corps of young men and women, who constitute a significant number in Bala Mohammed’s second-term cabinet, had arrived on the scene, announcing in unequivocal terms a mission to unleash a new dynamic on the developmental scene and ready to orchestrate a paradigm shift in governance, to the benefit of Bauchi State, the country and development partners.
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