NewStats: 3,262,097 , 8,176,063 topics. Date: Saturday, 31 May 2025 at 07:03 PM 5r3cv

Governor of Enugu State, Dr Peter Mbah, has assured prospective multinational corporations that his istration would work with them to create an enabling business environment, and to de-risk investment flow and ensure bountiful return on investment.

Mbah listed abundant opportunities and incentives in various sectors, such as agriculture, tourism, manufacturing, mineral resources, logistics, aviation, tourism, real estate, mineral resources, ICT, among others.

The promises come as Enugu State, for the first time, s the league of states that multinational corporations are more likely to expand to, according to the survey presented by the Presidential Enabling Business Environment Committee (PEBEC).

Mbah gave the assurances during the Second Existing Foreign Direct Investors Roundtable at the Aso Presidential Villa, Abuja.

Speaking at the roundtable, which attracted over 90 existing multinational corporations in Nigeria, including Dow Chemical, Microsoft, the Nigerian-French Chamber of Commerce, the Nigerian-American Chamber of Commerce, the Euro Chamber of Commerce, the Indonesia-Nigeria Chamber of Commerce, the Chinese Corporate group in Nigeria, the governor reiterated his istration’s ambition to grow the state’s economy sevenfold to $30 billion in the next six years, hence the deliberate effort to make it the premier destination for investment, business, tourism and living.

According to him, the growth Nigeria seeks as a country will happen from the peripheral or sub-nationals, hence the massive steps by the Enugu State Government to build infrastructure, ensure security of lives and property, and enhance Ease of Doing Business.

Mbah further listed other incentives such as the existence of the Enugu State Investment Development Authority as a one-stop shop for prospective investors, existence of federal regulatory agencies in Enugu, and the launch of Enugu State Geographic Information System Services, ENGIS, which had reduced Certificates of Occupancy processing time to 72 hours.

Meanwhile, presenting highlights of an empirical study by PEBEC, its Director General and Technical Adviser to the President on FDI, Zahrah Mustapha-Audu, listed Enugu, for the first time, among few states that foreign investors were interested in expanding to.

https://guardian.ng/news/mbah-woos-multinationals-with-juicy-offers/

ALL governors in Nigeria should be taking leadership classes from Governor Peter Mbah

For those who are obsessed with IGR, he increased the IGR of Enugu from less than 40 billion in 2023 to 144 billion in 2024! That man no be anybody mate for visionary leadership!

https://enugustate.gov.ng/2024/11/26/gov-mbah-presents-record-n971bn-2025-budget-to-enugu-house-of-assembly/

1 gram of action is better than 1 kilogram of cho cho cho

This is smart . Enugu can manufacture and ship to Abuja and the north and take care of the eastern market while using onitsha and Aba to reach out to niger delta market. Am thinking enugu has the same advantage of strategic location as Aba. Enugu should leave national grid and use coal to generate power for its industries and sell to national grid

Tabithatim:

https://guardian.ng/news/mbah-woos-multinationals-with-juicy-offers/

Talking is easy, but investors need more than just sweet promises. For multinationals to actually come, Enugu must focus on real human capital development, tackle insecurity, and put an end to kidnapping. No serious business will invest where safety is a gamble. A good business environment means stable policies, reliable infrastructure, and government beyond just words. If Governor Mbah backs his promises with real action, Enugu could truly become a hotspot for investment.

Good

Ok

Nice one, Governor Mbah.

kettykin:
This is smart . Enugu can manufacture and ship to Abuja and the north and take care of the eastern market while using onitsha and Aba to reach out to niger delta market. Am thinking enugu has the same advantage of strategic location as Aba. Enugu should leave national grid and use coal to generate power for its industries and sell to national grid

You can't generate power and sell to National Grid. Only Gencos can.

COMRADES, governor Mbah is working, no heating

Enugu kwenu !

gidigbam1:


You can't generate power and sell to National Grid. Only Gencos can.

..but they can generate and circulate locally. This seems to be a big bug in the Nigerian electricity industry

Great step....Why are other Governors not thinking smartly

Igbos de try, I beg.

OK

🙂

kettykin:
This is smart . Enugu can manufacture and ship to Abuja and the north and take care of the eastern market while using onitsha and Aba to reach out to niger delta market. Am thinking enugu has the same advantage of strategic location as Aba. Enugu should leave national grid and use coal to generate power for its industries and sell to national grid

Nobody will invest in coal mining in this age and time. Countries are being encouraged to shut down their coal plants to save our planet. In fact, many crude oil companies are divesting in gas because it's a clean energy source. Any politician who tells you that he will use coal to generate power is either uninformed or mischievous. The world is moving to clean energy.

Enugu is really doing well I recently watched a video of watson doors production factory it was very massive never knew a huge company like that has been operating there quietly.

Ile ise Ajibade multinational company

focus234:
1 gram of action is better than 1 kilogram of cho cho cho

Otti has been blaming PDP for his failure to attract even two tubers of yam in investment to his state.

Anything associated with Obi and obidients is failure

focus234:
1 gram of action is better than 1 kilogram of cho cho cho

Good move

Finally ... Peter Mbah is an amazing person. Thank God the LP Edeoga didn't smell the government house of Enugu. If not na the same Abia treatment Enugu for de get.
Carry on Barrister Mbah, God is with you

SmartPolician:


Nobody will invest in coal mining in this age and time. Countries are being encouraged to shut down their coal plants to save our planet. In fact, many crude oil companies are divesting in gas because it's a clean energy source. Any politician who tells you that he will use coal to generate power is either uninformed or mischievous. The world is moving to clean energy.

There many countries generating power from coal today. The only issue is that they will have very low carbon rating. Additionally, gas has been discovered in parts of Enugu and the government can tap into the gas turbines.

The plan was to exterminate them during the civil war , They initiated the idea of 20 pounds pay off no matter how much you have in the bank, look at Igbos today and compare with the desolated and the northern killing fields? Or the south west that’s being gradually conquered by the Fulanis, this story called Nigeria is full of suprises

More blessings Mr. Governor, the working Governor

No be by PhD

Monday sir at home don disappear for Enugu state, development everywhere, workers happy, everybody happy and the man no dey make noise.

Quietly achieving much. Mr. Governor you do well

Smart man

kettykin:


There many countries generating power from coal today. The only issue is that they will have very low carbon rating. Additionally, gas has been discovered in parts of Enugu and the government can tap into the gas turbines.

Nobody is still investing in using coal to generate power anymore because it's fossil fuel and mining coal is very dangerous.

Countries that still generate power through coal do that because they had those plants before agreements were reached for them to shut them down. Many EU countries are complying.

No company goes about looking for new coal deposits to harness because of its environmental impact and risks.

Has this guy gotten water for Enugu people or he's still manufacturing excuses for Enugu people to drink?

SmartPolician:


Nobody is still investing in using coal to generate power anymore because it's fossil fuel and mining coal is very dangerous.

Countries that still generate power through coal do that because they had those plants before agreements were reached for them to shut them down. Many EU countries are complying.

No company goes about looking for new coal deposits to harness because of its environmental impact and risks.

Really, Please where's your source of information. China and India are still building mega coal plants.

https://www.greenpeace.org/eastasia/press/8605/china-approved-10-34-gw-of-new-coal-in-the-first-half-of-2024-a-79-5year-on-year-decrease-greenpeace/


10.34 gw is more than all the capacity Nigeria can ever muster including generators and solar and other rendering. Enugu should just go ahead and build their coal power r plants

China approved 10.34 GW of new coal in the first half of 2024, a -79.5%year-on-year decrease: Greenpeace

MBAH of Enugu state is busy doing great as governor, while is colleague in Abia state is busy defrauding the state