Sokoto State Governor, Ahmed Aliyu, has inaugurated the Chairman and Board members of the Sokoto Investment Company.
At the inauguration ceremony, held on Thursday, Aliyu urged the new board members to uphold accountability and transparency in carrying out their duties.
He described the company as a critical instrument for attracting investments and increasing the state’s internally generated revenue.
Aliyu highlighted the financial challenges posed by the state’s reliance on federal allocations and volatile internally generated revenue, emphasizing the need to diversify Sokoto’s income sources.
“This company will serve as an alternative source of income for the state through strategic investments in key profitable sectors of the economy,” he said.
Reflecting on his administration’s achievements over the past 18 months, the governor noted that several people-focused projects had been executed across Sokoto State.
He assured residents of the continuation of these initiatives, urging their support to achieve lasting development.
He reaffirmed his dedication to improving the socio-economic well-being of the people, promising to provide effective public services and ensure the state’s progress.
In his response, the newly inaugurated Board Chairman, Abubakar Goronyo, thanked the governor for entrusting them with the task.
He pledged the board’s dedication to fulfilling its mandate and contributing to the state’s economic stability.
