Vice President Kashim Shettima has reaffirmed the federal government’s commitment to supporting indigenous investors to ensure their businesses thrive.
He assured that President Bola Tinubu is fully dedicated to creating an environment conducive to investment and growth.
During a visit to the Mamuda Group, a leading Nigerian conglomerate headquartered in Kano, Shettima highlighted the government’s efforts to restore investor confidence.
He emphasized the administration’s focus on fostering sustainability and enhancing investment opportunities across the country.
Shettima lauded the achievements of Mamuda Group, describing its journey as a testament to resilience and belief in Nigeria’s potential.
“The President speaks the language of commerce and business. Under the Renewed Hope Agenda, we will collaborate with the manufacturing sector to reposition the economy,” he stated.
Recognizing Mamuda Group as a major employer in Northern Nigeria with over 13,000 employees, Shettima expressed optimism that the company’s initiatives could expand its workforce to 23,000 shortly.
“Employing 13,000 people directly impacts 130,000 lives,” he added, pledging government support in addressing infrastructure challenges, including access roads.
He also praised the company’s self-generated 31 megawatts of electricity and its plans to expand capacity, describing these efforts as exemplary.
Mamuda Group Chairman Hassan Hammoud commended President Tinubu’s leadership, citing signs of economic recovery after years of challenges.
He acknowledged the government’s commitment to supporting industries like Mamuda Group, which he described as vital to national development.
Hammoud urged the federal government to introduce more favourable policies, especially in taxation, infrastructure, and financing, to further empower businesses.