The Bauchi State Commissioner for Natural Resources, Mohammed Maiwada Bello on Saturday said that the establishment of Mingsheng Group Company will create more job opportunities to youth and women of the state.
Maiwada made this known to newsmen immediately after coming out from the state executive council meeting. He said that the company will also improve internally generated revenue in Bauchi.
According to him, the initiative was born out of the State Government’s passion to open Bauchi for investment and for a business hub. It could be recalled, in the year 2023, a team led by the state governor, Bala Mohammed Abdulkadir visited Shandong province of People’s Republic of China to attract investment.
He further said that the trip has started yielding significant result that leads to the signing of Memorandum of Understandings (MoUs) with various Companies with the State Government especially in mining, Agriculture, tourism and many other sectors hence the Memo for the establishment of Bauchi/ Mingsheng company after the follow up visit by the Mingsheng officials and also after subsequent visit by their technical Personnel showing interest to invest in exploration and mining activities of monoxide, Tin/columbite, Zircon and other rare earth elements etc, in Toro and Dass Local Government Areas.
Adding that the initiative highlights the government’s commitment to fostering public – private partnerships and diversifying the State’s economy. Also optimistic that if properly managed, the company could drive innovation, attract investment and improve living standard for the people of Bauchi State.
“The establishment of the Bauchi/Mingsheng company represents a significant move toward economic growth and development. By exploring more opportunities the company is expected to contribute to the job creation and enhance the State’s internally generated revenue (IGR).”
He further stated that the development will witness industrial growth there by supporting local industries reliant on raw materials like Tin, Monozide and Ilminite which is essential for technology and other construction industries while infrastructure development would be given attention as mining projects often lead to improve infrastructure such as roads and other benefits for the surrounding Communities.
He assured that his Ministry will not relent in it’s efforts to lead other sections of arms of Government in generating revenue to the State.
The state commissioner for Natural Resources, Honorable Mohammed Maiwada Bello appreciated the State governor, senator Bala Mohammed Abdulkadir for the support and concern to the Ministry and his approval for the establishment of Bauchi/Mingsheng company and subsequently retified by the State Executive Council.
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