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Insurgency caused Adamawa over $9bn, crashed IGR from N1bn to N200m—SSG

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Technology tactician and Secretary to the Adamawa State Government, Dr. Umar Bindir, has revealed that over three years insurgency driven by Boko Haram caused the state over $9bn.

In an interview, he noted that the lost value was thrice the size of the state’s Gross Domestic Product (GDP) on a good year.

According to him, “If I were to quantify the economic loss recorded by the state, I will put it based on the measure of our GDP of $3bn to be around $9bn, which is probably thrice our GDP”.

He traced the loss from the observed setbacks in agricultural production which has dropped the state’s monthly internally generated revenue from N1bn to less than N200m.

 “This state really suffered the impact of the insurgency as investment inflow into the state seriously nosedived. Today, the construction of an inland cargo port by the Federal Government in the state is ongoing, which clearly ascertains the return of peace to the state.

“Also signalling the return of peace is the fact that there’s no single Adamawa indigene in any of the camps operated in the state. What we do have are indigenes of Borno and Yobe, whom we have called on the respective state governments to come and evacuate. We want to thank President Muhammadu Buhari for the peace we are now enjoying in the state.

“It is our hope that the security situation, which has improved, and the peace that is now being enjoyed will be sustained so that investors can now return.”

Bindir, the former DG of NOTAP assured that government will continue to manage the resources for the interest of all.



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