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Anambra, investment hub of Nigeria



ECONOMIC and business management experts recently indicated in their findings, after rigorous research, that Anambra is one of the states mostly prepared for both local and foreign investments. According to them, the state has put structures in place that would make the process of investing easy for prospective investors. They are of the view that Anambra is now in her finest moment in history and is building partnerships that would help it leapfrog to a more advanced society.

  Apart from the fact that Anambra is the only state in the country that has a separate agency, the Anambra State Investment Promotion and Protection Agency, to champion its cause, Anambra has one of the highest literacy rates in Nigeria. It offers access to the largest retail market in West Africa and has the largest crop of experienced middlemen and suppliers with enough expertise to move goods across Africa.

  Anambra equally has easy access to industrial lands, which have been mapped out in the state’s Land-Bank as well as offers a speedy company registration and issuance of a Certificate of Occupancy. Above all, Anambra has been ranked as the most transparent and accountable state in Nigeria for having complied with International Public Sector Accounting System and Accounting Standards.

  More so, Anambra has abundant human and material resources. The state is blessed with crude oil, natural gas, bauxite, gypsum, lead, lignite, limestone, iron ore and salt among others. With an economy of N3.8t trillion , Anambra has the lowest poverty rate in Nigeria with 2.3 dollars per capita. Thus, if Anambra were to be an independent country, its GDP per capita would have been17th in Africa. Anambra would have been ahead of Ghana, Kenya, Cote de Voire, Senegal, Tanzania, Rwanda and many others.

  Anambra has great tourism potentials with the Ogbaukwu Cave and Waterfalls at Owerre-Ezukala and Ogbunike Cave at Ogbunike. Anambra is the tenth most populous state in Nigeria with a population of about 6.5 million people and a population density of 860 per square kilometre. And in the past six years, Anambra has been Nigeria’s safest state with crime rate at its lowest ebb in living memory.

  Governor Willie Obiano has made Anambra, Nigeria’s most peaceful and business-friendly environment. The ease of doing business here is unprecedented. Akpokuedike also invested heavily in education and as a result, Anambra produces two best performed candidates in the 2020 JAMB exams.

  Five school girls from Regina Pacis, Onitsha shocked the world when they defeated the United States, China, Spain, Turkey, Uzbekistan and others to win the Gold Medal at the World Technovation Challenge held at the Silicon Valley, in the USA. Following the footsteps of these Golden Girls, four boys from Saint John’s Science and Technical College School, Alor, also won the Bronze Medal at the World Festival of Engineering, Science and Technology in Tunisia.

  All these give hope that the future of the state will be brighter than its present. It is therefore no exaggeration that Anambra State is the best place to locate factories in Nigeria at the moment. The Obiano administration has attracted a considerable volume of investments over the past six years.

  Ndigbo, especially Ndi Anambra in the Diaspora should help the state to convince the foreign investors to come and invest in the state. Anambra is looking for partners that will help exploit our natural resources. The state has over 40 trillion standard cubic feet of gas that has not been touched yet.

  Ndi Anambra want partners that will exploit these rich reserves of gas for our mutual benefits. We need partners for the establishment of modular refineries. We also need partners in the power generation, agriculture, agro-allied industries and in the establishment of Industrial Parks among many others. The state government is ready to give priority attention to all investors.

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