Dauda Lawal, governor of Zamfara State, has made a strong case for foreign direct investment (FDI) in his state, calling on global investors to partner with Zamfara in transforming its mining, infrastructure, agriculture, and healthcare sectors.
Speaking during an interview with journalists at the ongoing 4th Intra-African Trade Fair (IATF2025), organised by Afreximbank, the African Union Commission, and the African Continental Free Trade Area (AfCFTA) Secretariat, Governor Lawal said the forum presents a critical opportunity for subnational governments to showcase their economic potential to a global audience.
“We are all here, including myself, as the Governor of Zamfara State to showcase our states and explore opportunities to attract investment from global investors,” he stated. “Zamfara was fully represented, and I was part of a panel where we discussed the unique advantages our states possess.”
Governor Lawal emphasised Zamfara’s comparative advantage in mining, noting that the state is rich in solid minerals and is open to partnerships with credible investors. “Mining is a strategic priority for us. But beyond that, we have ongoing projects in infrastructure, agriculture, and healthcare that are ripe for investment.”
He disclosed that his delegation held productive meetings with several African banks during the trade fair, exploring financial instruments to de-risk investment and accelerate capital inflow into Zamfara. “Those discussions went very well,” he added confidently.
Asked about the recent investment agreements signed between Afreximbank and the Cross River State, Lawal confirmed that Zamfara is on a similar path. “Once we return to Nigeria, we’ll fast-track engagements to ensure we also benefit from these kinds of federal-backed agreements and funding opportunities.”
Governor Lawal also commented on the broader significance of the Intra-African Trade Fair for Nigeria, stressing the importance of state-level economic diplomacy.
“There are two perspectives: the national level and the subnational level. Each state must highlight its unique value proposition. This dual approach is essential for inclusive and sustainable economic growth,” he said.
Addressing concerns from some international investors about Nigeria’s investment climate, the Governor acknowledged the challenges but insisted they are not insurmountable.
“There’s no development without challenges. But the important question is: how do we overcome them? We are ready to work closely with the federal government to align monetary and fiscal policies and create a more stable, investor-friendly environment.”
As the IATF2025 continues in Algiers, Governor Dauda Lawal’s proactive engagement signals a growing trend among Nigerian governors: taking the investment drive beyond borders to build resilient, diversified state economies.
