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Published On: Fri, Mar 29th, 2019

Kaduna tops World Bank’s ease of doing business report, holds Economic, Investment Summit

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By Miriam Humbe

The World Bank’s Ease of Doing Business Report 2018 has ranked Kaduna State in the North West zone as number one for Ease of Doing Business destination in the country.
Executive Secretary of Kaduna Investment Promotion Agency, (KADIPA), Umma Aboki said that the feat was achieved through policy and legislation that removed encumbrances to business while fast-tracking approval and licensing processes.
Aboki revealed this while addressing the media to announce the April 3-4, 2019 date for the Kaduna Economic and Investment Summit.
Aboki said: “Kaduna State Government agencies committed to the Ease of Business Charter at KADInvest 2.0, and they have kept commitments for the benefit of our investors and the people of our state.
The groundbreaking Tax Codification and Consolidation Law passed in 2015 removed the danger of multiple taxation or harassment of businesses by different agencies”
“Rather, the law listed all taxes and levies payable in the state in one document and created the Kaduna State Internal Revenue Service (KADIRS) as the sole collector of Revenues.
The government also established the Kaduna Geographic Information Service (KADGIS) to build and run a digital land registry for the state, among other initiatives.
“Investors have taken notice. The Olam Poultry and Feedmill project is a shining example of the $500m investments that have been attracted to the state since 2015. GB Foods and Tomato Jos are actively developing their tomato projects”
“Mahindra is assembling tractors in our state while Blue Camel is showing the possibilities of solar energy and training our youths in the skills that sector requires. KADInvest is key to the government’s strategy of investments and jobs.
“Therefore, KADInvest 4.0 is about Expanding Investment Frontiers. We are eager to deepen and expand investments in our state. And we are excited to announce that Alhaji Aliko Dangote is the keynote speaker for KADInvest 4.0.
“Our development partners and investors are also assisting in empowering our people with skills and jobs. There is a thriving KADICT hub, assisted by Zenith Bank. Through KADSTEP, the government is funding the training of graduate entrepreneurs at the Kaduna Business School.
Many KADSTEP trainees are accessing funds jointly provided by the Kaduna State Government and the Bank of Industry. Our young people are acquiring technical skills from KADAT and COSDEC” she said.

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