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The Kori factor: Why Zulum's choice of chief investment adviser signals new dawn for Borno's economy - The Nation Newspaper

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When Governor Babagana Umara Zulum announced the appointment of Dr. Sa'id Alkali Kori as Chief Investment Adviser and Pioneer Chairman of the Borno State Investment Promotion Agency Governing Board, it was clear this was no routine political posting. This was a calculated move that betrays a sophisticated understanding of what it takes to revive a post-conflict economy. In Dr. Kori, Governor Zulum has found not just an adviser, but a financier-in-chief with a rare combination of credentials that perfectly match Borno's reconstruction priorities. The Asset: Why Dr. Kori stands out What makes this appointment particularly compelling is the depth and relevance of Dr. Kori's professional footprint. As Chairman and Group CEO of Thinklab Group, he has personally structured over $200 million in infrastructure financing across housing, healthcare, and road networks -- precisely the sectors Borno needs most urgently. This is not theoretical expertise; it is demonstrated capacity to move capital from conception to completion. His track record at Family Homes Funds Limited, where he delivered over 15,000 affordable housing units nationally, speaks directly to Borno's massive shelter deficit following years of conflict. The models he developed there -- blended finance, public-private partnerships, and multilateral negotiations -- are directly transferable to the challenges facing Maiduguri and other recovering communities. Beyond the numbers, Dr. Kori brings something perhaps more valuable: a network. His current roles as Honorary Special Adviser to the Yobe State Governor and Technical Adviser to the Lake Chad Basin Governors' Forum place him at the centre of regional development diplomacy. He understands the multilateral landscape, knows the development finance institutions, and has worked across 34 countries. For a state seeking to attract international capital, this global fluency is indispensable. The Architecture: A board built for action The wisdom of the appointment is amplified by the governing board structure created under the new law. By bringing directors from ten critical ministries -- Justice, Finance, Works, Lands, and others -- onto a single investment board, Governor Zulum has effectively created a one-stop governance mechanism that can clear bureaucratic bottlenecks at source. The inclusion of private sector representatives and senatorial zone members ensures that investment decisions are grounded in market reality and community needs. This is governance architecture designed for speed and relevance, not endless deliberation. The deeper signal But perhaps the most significant aspect of this appointment is what it signals to the investment community. When a governor reaches beyond the usual political circles to appoint a technocrat of Dr. Kori's calibre as his personal investment adviser, it sends an unmistakable message: Borno is serious about creating an enabling environment for business. Investors make decisions based on confidence. They need to believe that their proposals will be evaluated by people who understand risk, return, and execution. Dr. Kori's profile -- a PhD from the University of Liverpool, a track record of delivering complex projects, and leadership of a major development finance firm - provides that reassurance. He speaks the language of investors because he has walked in their shoes. The regional context The appointment also makes strategic sense within the broader Lake Chad Basin context. As Technical Adviser to the Lake Chad Basin Governors' Forum, Dr. Kori is already steeped in the region's cross-border economic challenges and opportunities. He understands that Borno's prosperity is tied to the stability and economic integration of the entire basin. This regional perspective will be invaluable as the state seeks to position itself as a hub for trade and investment spanning northeast Nigeria, Cameroon, Chad, and Niger. Beyond rhetoric: The thinkpreneur example Those who doubt what Dr. Kori can bring to Borno need only look at his recent work through Thinklab Group. The Thinkpreneur initiative, which invested over N250 million in 13 young entrepreneurs (seven of them from the Northeast), demonstrates its commitment to grassroots economic empowerment. This is not a man who operates only in boardrooms; he has shown a deliberate focus on building the next generation of business owners from the region. His investments in revamping the Maiduguri Bakassi GRA, launching the Teachers Village, and breaking ground on the Maiduguri Economic City further underscore that he is already invested in Borno's future. This is not an outsider parachuted in; this is a son of the soil returning with global expertise and a genuine stake in the state's success. The bottomline Governor Zulum has made many bold decisions in his quest to rebuild Borno, but this appointment may prove among the most consequential. In Dr. Sa'id Alkali Kori, he has secured a Chief Investment Adviser who combines technical expertise, global networks, regional knowledge, and demonstrated execution capacity. The challenges facing Borno remain formidable. Security concerns persist. Infrastructure deficits are vast. Investor confidence, while growing, requires sustained nurturing. But with this appointment, the state has placed a seasoned professional at the controls of its investment engine. For the people of Borno, the promise is simple: a chief investment adviser who understands that the ultimate measure of success is not the value of deals signed, but the jobs created for youth, the businesses empowered for women, and the prosperity that reaches every community. For the investment community, the message is equally clear: Borno is open for business, and it has put one of its best and brightest in charge of making that invitation real. This is not a promotional appointment. It is a strategic one. And it deserves to be recognised as such. Source: https://thenationonlineng.net/the-kori-factor-why-zulums-choice-of-chief-investment-adviser-signals-new-dawn-for-bornos-economy/

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