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Taraba: Consider Local Investors

The craze for foreign investors in Taraba since 1999 has not yielded any tangible result in comparison to the amount of dollars spent wooing them. If that same effort was done in promoting and encouraging local investors and creating business models for Tarabans with money to invest, Taraba by now could have been boasting of thriving value chain industries creating jobs for our people. Nobody can develop Taraba state like Tarabans themselves.

Local InvestorsThere are cooperative organizations who over time have a pool of resources that can be invested, while a lot of individuals invest their funds in land asset, while most Taraba people in business invest in filling stations, hotels, and even beer parlours. The government has a role in helping her citizen determine investment directions, by establishing industrial estates, trade zones and identifying areas of business potentials and develop a master plan for investments as well as regulations and how government can track her revenue streams.

Government has a significant role in ensuring that the investment potentials in the state be it in agriculture, infrastructure, transport, real estate, education, health, agro-processing, tourism, etc are identified, properly structured and well designed to ensure that those who want to invest, do so with great ease and not indiscriminately as it is the case today. The lack of a master plan in various sectors within the state has made it impossible for the government to track revenue where necessary and also monitor and regulate those businesses.

As the government looks away from oil revenues, it’s important for her to be strategic in channeling her resources and also ensure that her citizens get employment benefits as well.

To achieve this, the government must as a matter of priority restructure the civil service in such a way that it is revenue oriented and target driven. Government must find a way to reduce redundancy within her labour force. If redundant staff cannot be sacked, then they must be retrained, reassigned and appropriately engaged. It means that government will have to focus more on regulatory roles and revenue generation. Ministries, departments, and agencies of government has to be streamlined and goal oriented. The time has come for government workers to earn their pay by ensuring that they deliver value in exchange for salaries earned at the end of the month. Therefore, redeployment is necessary for the areas of strict revenue generation.

Ministries, departments, and agencies of government has to be streamlined and goal oriented. The time has come for government workers to earn their pay by ensuring that they deliver value in exchange for salaries earned at the end of the month. Therefore, redeployment is necessary for the areas of strict revenue generation.

As the government looks inward for local investors, it is important that government is properly structured for a private sector driven economy in the state, where government workers are geared towards generating at least her salaries and also funds to expand development within the state.

Written by Zanau Hassan Maikasuwa from Abuja

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