Bauchi Approves Chinese Investment to Drive Economic Growth


By Idris Khalid Idris Bauchi


The Bauchi State Executive Council has ratified a memorandum approving the establishment of the Chinese Mingsheng company in Bauchi. This development is expected to create jobs, improve internal revenue generation, and explore more business opportunities in the state.

According to the Commissioner of Natural Resources Development, Hon. Mohammed Maiwada Bello, the initiative is a result of the state government's passion to open Bauchi for investment and position it as a business hub. "The state government is committed to fostering public-private partnerships and diversifying the state's economy," Bello said.

The establishment of the Bauchi/Mingsheng company is a significant move towards economic growth and development. Bello explained that the company will contribute to job creation, enhance the state's internal revenue generation, and drive innovation. "The development will also witness industrial growth, supporting local industries reliant on raw materials like Tin, Monazite, and Ilmenite," he added.

The commissioner assured that infrastructural development would be given attention, as mining projects often lead to improved infrastructure such as roads and other benefits for the surrounding communities. "My ministry will not relent in its efforts to lead other sections or arms of the government in generating revenue to the state," Bello said.

The establishment of the Bauchi/Mingsheng company is a result of a trip by Governor Bala Mohammed to Shandong province in China in 2023, which yielded significant results, including the signing of Memoranda of Understandings (MoUs) between Chinese companies and the Bauchi state government.

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