RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Today’s Make Nigeria Better Series Highlights Adamawa State’s Untapped Potential By Ayo Akinfe

Rate Captain by Rate Captain
July 18, 2024
in Economy
Reading Time: 3 mins read
A A
0
Today’s Make Nigeria Better Series Highlights Adamawa State’s Untapped Potential  By Ayo Akinfe
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

Adamawa State is by far the biggest waste in Nigeria when it comes to tourism. This state is made up of undulating hills, scenic plateaus, and mountains. America’s Grand Canyon, Canada’s Banff National Park, and Australia’s Ayers Rock have nothing on Adamawa State, but alas, almost no tourism revenue is generated from this natural resource.

In the extreme south of Adamawa State is part of the Gashaka Gumti National Park, a large wildlife park that contains large populations of bushbuck, African buffalo, patas monkey, black-and-white colobus, giant pangolin, and hippopotamus, along with some of Nigeria’s last remaining Nigeria-Cameroon chimpanzees, African leopards, and African golden cat populations. Why the Adamawa State government has not turned this into another Kruger National Park is beyond me.

AlsoRead

GDP Growth Accelerates to 4.43% in Q2 2026 on Stronger Agriculture and Services

Formal Remittances Reach Record $947 Million in July, Nearing CBN’s $1 Billion Target

Nigerians Spend Estimated N3.67 Trillion on Internet Data in First Half of 2026

Hotels, bars, restaurants, theme parks, amusement arcades, casinos, etc., should be built around all of Adamawa’s mountain sites like Mount Atlantika, Mandara, the Shebshi ranges, and the Adamawa Plateau. Were I the Adamawa State governor, I would take a trip to Las Vegas to see what they have done there.

Can I also mention that Adamawa State is crisscrossed by the River Benue and River Gongola, so it should be a major source of hydroelectric electricity. Why a hydroelectric power plant capable of generating 5,000 MW has not been built at somewhere like Numan is totally beyond me.

In addition, Adamawa is an agriculture-based state, which mainly relies on livestock and crops such as cotton, groundnuts, millet, cassava, guinea corn, and yams for its survival. It is the eighth largest state in Nigeria, with 36,917 km² of land, so there is no shortage of farmland. In an ideal world, Adamawa would be littered with US-style prairie commercial plantations mass-producing food and cash crops.

Like the rest of you, I am waiting for the Adamawa State government to construct industrial estates in its urban centres like Yola, Numan, Hong, Mubi, Madagali, Lamurde, and Song. We should have food processors in all these areas converting harvested crops into finished foodstuffs. Maybe the Adamawa State government should take out a minority stake in some of these companies under public-private enterprise ventures.

In addition to fertile land and beautiful hills, Adamawa State also has solid minerals like limestone, tantalite, and kaolin. I am perplexed as to why the Adamawa State government has not invited the likes of Rio Tinto to come and open a processing plant in the territory.

At the moment, the Dangote group operates a sugar production factory in Numan which has a sugar refining capacity of 3,000 tonnes of cane per day. This needs to be expanded upon, with local farmers encouraged to grow sugarcane commercially.

Adamawa should also be one of the major beneficiaries of plans to introduce widespread ranching across Nigeria. Adamawa State has around 1.5 million cattle and 64 grazing reserves, of which 30 are gazetted. Maybe the state can become the epicentre of the Nigerian cattle industry. Adamawa currently has a thriving livestock industry, as it has 2.5 million heads of cattle and traders come from all over the country and West Africa to buy and sell cattle in its markets, such as the Mubi International Cattle Market.

Despite Adamawa State’s high level of cattle production, its markets are poorly developed without essential services like meat processing, meaning live animals have to be transported in trucks for four days before they reach cities with high demand. Were I the Adamawa State governor, I would be planning to construct an Adamawa Cattle Rail Link that would link cities like Yola and Mubi with cities such as Abuja, Kano, Kaduna, Maiduguri, Lagos, Enugu, Port Harcourt, etc. We would then float the Adamawa Livestock Company and guarantee meat delivery to you within 24 hours of placing your order, whatever part of Nigeria you are in.

Previous Post

Tinubu Seeks N6.2 Trillion Budget Hike for 2024, Plans New Tax on Banks’ Forex Gains

Next Post

Exchange Rate for Customs Duties Surpasses Official Market Rate Again

Related News

Nigeria’s GDP increased by 3.52% in the fourth quarter of 2022.

GDP Growth Accelerates to 4.43% in Q2 2026 on Stronger Agriculture and Services

by Victoria Attah
September 1, 2026
0

Nigeria’s real Gross Domestic Product expanded by 4.43 per cent year-on-year in the second quarter of 2026, up from 4.23...

China Cuts Key Interest Rates to Stimulate Growth: What Nigeria Can Learn

Formal Remittances Reach Record $947 Million in July, Nearing CBN’s $1 Billion Target

by Jide Omodele
August 31, 2026
0

Nigeria received $947 million in remittance inflows through International Money Transfer Operators in July 2026, the highest monthly figure ever...

Airtel, Glo, and 9mobile experienced a loss of 4,765 customers to MTN in Q1 2023.

Nigerians Spend Estimated N3.67 Trillion on Internet Data in First Half of 2026

by Victoria Attah
August 31, 2026
0

Nigerians spent an estimated N3.67 trillion on internet data in the first half of 2026, according to calculations based on...

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Lowers 364-Day T-Bill Rate to 17.15% Despite N3.63 Trillion in Bids

by Jide Omodele
August 31, 2026
0

The Central Bank of Nigeria reduced the stop rate on the 364-day treasury bill by 44 basis points to 17.15...

Next Post
Naira depreciates to N755/$ in the parallel market.

Exchange Rate for Customs Duties Surpasses Official Market Rate Again

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

CBN Revokes Heritage Bank Plc’s Banking License

Heritage Bank Depositors Demand Full Refunds, Urge FG, CBN and NDIC to Act

September 1, 2026
Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Official FX Turnover Drops 48.7% to $2.71 Billion in One Week

September 1, 2026

Popular Story

  • NEC Affirms CBN $3 Billion Loan for Naira Stability

    CBN Lowers 364-Day T-Bill Rate to 17.15% Despite N3.63 Trillion in Bids

    0 shares
    Share 0 Tweet 0
  • Nigerians Spend Estimated N3.67 Trillion on Internet Data in First Half of 2026

    0 shares
    Share 0 Tweet 0
  • GDP Growth Accelerates to 4.43% in Q2 2026 on Stronger Agriculture and Services

    0 shares
    Share 0 Tweet 0
  • Brent Climbs Above $90 as US-Iran Tensions Escalate

    0 shares
    Share 0 Tweet 0
  • Diesel Price Soars to N3,277 per Litre in May 2026 Amid Persistent Cost Pressures

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>