Zamfara Investment Company to buy N250m shares

The Zamfara State Investment Company and Property Development Company Limited has said plans are underway to invest in purchasing shares worth over N250 Million in order to boost the state’s internally generated revenue and create more wealth for the state government.

This was made known by the Managing Director of the company, Hon. Anas Hamisu Lawal in an interview with newsmen Monday in his office in Gusau, the state capital.

According to him, already, the state government had approved the release of the amount for the successful purchase of the shares.

Hon. Anas further stated that this year, the company will embark on transportation business with a view to creating more jobs and enhance the internally generated revenue base of the state.

On the challenge his office is currently facing, Hon. Anas stated that lack of adequate staff is one of the factors affecting the running of the company, stressing that, already, a letter has been sent to the office of the state Head of Service on the issue for necessary action.

He commended the support given to his company by the state government under the leadership of Governor Bello Mohammed Matawalle, particularly in the area of investment reinvigoration for the development of the state internally generated revenue base and job opportunity.