Taraba State Governor, Dr. Agbu Kefas, on Monday inaugurated the Post-TARAVEST Committee, describing it as a vehicle to attract capital, reduce risks for private investors, and transform the state’s comparative advantages into viable, job-creating ventures.
Speaking at the TY Danjuma Government House in Jalingo, the governor declared Taraba “open for business” and tasked the committee, chaired by Rt. Hon. Ndudi Elumelu, to produce within 100 days an actionable plan highlighting quick-win projects and presenting an Investment Prospectus for priority sectors.
According to him, TARAVEST will function as the state’s investment hub to channel opportunities in agriculture, energy, logistics, education, tourism, and solid minerals into “bankable” enterprises.
“Our mandate is clear: turn potential into prosperity. We have no space for white elephant projects. Every kobo mobilised must translate into roads, factories, farms, schools, hospitals, and jobs,” Kefas said.
He assured that the state government would work closely with fiscal authorities, regulators, and independent monitoring systems to ensure a transparent, competitive, and credible process.
“To our investors and development partners, Taraba offers clarity of purpose and a predictable, rules-based environment. This initiative aligns with our 2027–2031 agenda of ensuring a Better Life for Taraba Citizens,” the governor added. He urged the committee members to discharge their responsibilities with integrity, urgency, and courage.
In his acceptance speech, Elumelu described his appointment as a “critical assignment” and expressed gratitude to the governor for the trust placed in him and other members.
Elumelu, who also chaired the main and local organising committees of TARAVEST 2025, recalled that the May summit positioned Taraba as “Africa’s New Investment Frontier,” attracting over 680 investors, 255 delegations, and the participation of Heads of State, diplomats, business leaders, and traditional rulers.
“With TARAVEST 2025, we boldly showcased Taraba’s vast opportunities in agriculture, mining, energy, and industrialisation,” he said.
He noted that the summit was executed at minimal cost to government, with significant financial support coming from private citizens and associates of the governor. Presenting the summit’s report, he commended the donors and revealed that experts project potential investment opportunities worth over $500 billion if fully tapped.
Elumelu pledged the committee’s commitment, assuring the governor and the people of Taraba: “On behalf of the Post-Summit Committee, I accept this responsibility and promise that we will not let the state down.”
