Government’s Key Role in Adamawa’s Sustainable Wealth and Real Estate Boom – Dogara Durkwa

How Government Drives Sustainable Wealth
Yola, Adamawa – Arc. Dogara Durkwa, Senior Special Assistant on Community Mobilization to Adamawa State Governor, Rt. Hon. Ahmadu Umaru Fintiri, CON, shared an insightful position paper at the “Awake! Roadmap to Building Generational Financial Capacity” event on February 1, 2025.
The event, organized by Mshel Homes Ltd., a leading real estate firm owned by an indigene of Adamawa, highlighted the significance of government involvement in fostering sustainable wealth.
Durkwa focused his speech on the importance of government in building sustainable wealth, particularly in the context of real estate development.
He stressed that sustainable wealth isn’t just about accumulating resources but about creating systems that uplift communities and empower future generations.
He emphasized that real estate plays a critical role in building this kind of wealth.
For real estate to thrive, Durkwa noted, certain factors must be in place, including security, infrastructure, and transparency.
These are areas where the Adamawa State government, under Governor Fintiri’s leadership, has made significant strides.
Durkwa detailed several achievements of the Fintiri administration that contribute to real estate development and sustainable wealth.
One of the major factors highlighted was the improvement of security.
Governor Fintiri’s efforts in reducing insecurity have played a key role in creating a stable environment that attracts investments and stimulates economic growth.
Durkwa also spoke about the administration’s focus on education and human capital development.
He pointed out that the government has invested NGN20 billion in 21 Model Primary Schools and NGN17 billion in modern Mega Technical Schools.
These investments, he said, are preparing future generations for the workforce and driving the state’s economic growth.
Another key area of progress has been the promotion of transparency and accountability.
Durkwa praised the Fintiri administration for building trust among investors by implementing transparent practices, including public audits and accessible planning reports.
This commitment to transparency, he said, has helped attract both local and international investors to the state.
Infrastructure development and urban renewal were also major themes in Durkwa’s speech.
He highlighted major infrastructure projects like the Greater Yola Ring Road and Gibson Jalo Road, which have led to over N25 billion in real estate investments.
Durkwa projected that real estate investments in the state could hit N100 billion by 2027, driven by these infrastructure improvements.
Durkwa acknowledged the critical role of healthcare and social services in sustaining economic growth.
He praised the Fintiri administration for investing in healthcare infrastructure, ensuring that every local government area in the state has a fully equipped hospital.
A healthy population, he noted, is essential for a productive workforce, which in turn supports economic growth and wealth creation.
The real estate sector in Yola, in particular, has seen remarkable growth, Durkwa noted.
The number of real estate firms in the city has surged from just three in 2019 to over 20 today.
This growth, he explained, has contributed N25 billion in investments and created thousands of jobs for the local population.
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Durkwa also emphasized that real estate, as a tangible asset, offers long-term value and security for individuals.
He encouraged the people of Adamawa to seize the opportunities created by the government’s initiatives.
Durkwa pointed out that real estate is no longer just for the wealthy but is accessible to anyone seeking financial security and long-term stability.
In his closing remarks, Durkwa urged the people of Adamawa to align with the state’s vision for sustainable wealth.
He reminded them that the efforts of both the government and private companies like Mshel Homes Ltd. have paved the way for generational wealth creation.
The architect also emphasized that building sustainable wealth is a collective responsibility and called on every citizen to play their part in creating a prosperous legacy for the future.
The event served as a timely reminder of the immense potential for wealth creation through strategic governance and infrastructure development, with real estate playing a pivotal role in Adamawa’s growth.
Durkwa’s remarks provided a roadmap for how the state can continue to build sustainable wealth for future generations, highlighting that the foundations laid today will support long-term economic prosperity for the entire region.
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