Zamfara Gov’t To Purchase Shares Worth N250 Million To Boost IGR

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The Zamfara State Investment and Property Development Company Limited said plans are underway by the company to purchase shares worth over N250 Million in order to boost the state’s Internally Generated Revenue and create more wealth for the state government.

The Managing Director of the Company, Hon. Anas Hamisu Lawal, made this known in Gusau, the state capital.

He said the state government had already approved for the release of the amount for the successful purchase of the shares.

Hon. Anas further stated that the company would soon embark on transportation business with a view to creating more jobs opportunities to enhance the Internally Generated Revenue base of the state.

On the challenge his office is currently facing, he stated that lack of adequate staff is one of the factors affecting the running of the company, stressing that a letter had been sent to the office of the Head of Service on the issue for necessary action.

He commended the support given to his company by the state government under the leadership of Governor Bello Mohammed Matawalle, particularly in the area of investment reinvigoration for the Development of the state Internally Generated Revenue Base and job opportunities.

“As I am talking to you now, the state government under the leadership of Governor Bello Mohammed Matawalle has purchased the Best Premier Hotel in Wuse two and Six units of three bedroom house in Abuja for the company with a view to develop the state investment process and generate more income to the state and creation of more job opportunities for the Youths of our dear state”. he stated.

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