Yobe State executive Governor, His Excellency Mai Mala Buni has met with some Qatari investors from the office of Sheikh Saoud Bin Nasser Bin Khalid al-Thani, a leading investor in Qatar, who has shown interest in striking an investment partnership that would see them participate in the establishment of a cement company and a meat processing factory in the state.
The meeting took place in Abuja yesterday with Sheikh Bader Al-Hajeri, a representative of Sheikh Saoud Bin Nasser al-Thani,
Governor Buni briefed al-Hajeri about the investment opportunities in Yobe State in agriculture and mineral resources, including the gypsum and limestone deposits and other resources that could support a cement company and the mass availability of small ruminant animals that could support a meat processing factory.
“With a new cargo airport about to be completed soon, we can harness the vast livestock resources in Yobe State to export processed meat directly to Qatar and the rest of the Middle East. Yobe has the capacity for up to one million small ruminants per month”, the governor said.
The governor also spoke on the need to set up a cement factory in the state, saying there is increasing demand for cement in the North East which is not met by the only cement factory in the region, Ashaka Cement.
Governor Buni added that the partnership would be a win-win for both sides, saying the return on investment would enable his administration to provide more jobs for the people of the state.
Sheikh al-Hajeri said his investment group is willing and ready to partner with Yobe State in different investment areas on the basis of mutual understanding and agreement. “We are looking to host you in Qatar. We are also going to visit your state so that we can reach a point of agreement about our partnership”, he said as he extended an open invitation for Governor Buni to visit Qatar.
Meanwhile Governor Buni has enjoined the people of the state to continue with prayers for peace and development, assuring them that the security challenges being witnessed in the state will soon be a thing of the past. He also called on them to be vigilant and report any suspicious movements around.