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Foreign company to harness Adamawa hidden economy potentials

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Foreign company to harness Adamawa hidden economy potentials

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Due to the dwindling of oil in the country, efforts have been geared towards diversifying the economy by harnessing mineral resources therein.

This was the focus of a United States of America based Company BTP Swiss Enterprises, which is poised to assist President Muhammadu Buhari’s led administration to diversify the economy of Nigeria from oil to solid mineral.

A delegation of the company led by Nigerian based America Professor Akin Afolabi stated this during a courtesy call on Governor Muhammadu Umar Jibrilla of Adamawa State.

He said that the company which specialize in harnessing Mineral Resources and creating better opportunity was in the country in response to President Muhammadu Buhari’s call to Nigerian citizens living abroad to come home and contribute their quota in moving the nation forward.

He explained that Adamawa is rich in Uranium and thorium solid minerals’ and other undiscovered noting that they visited the state to discuss possible ways of diversifying the economy of the State instead of it relying on the federal government monthly statutory allocation.

The Acting Governor of the state Engineer Martins Babale who received the delegation on behalf of his boss said that he was delighted on the proposal by the company, saying that, the state is ready to partner with them if they can provide concrete facts on their operation.

He told the delegation that the state is blessed with abundant mineral resources that if properly harness can turn the economic fortunes of the state for the better.

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