By Pet Nathan, Yola
P-GAT Industries Limited has described North-East Nigeria as an increasingly safe destination for investment and economic activities, attributing the improved climate to the sustained efforts of governments, security agencies, traditional institutions and local communities in maintaining peace and stability.
President of P-GAT Industries Ltd, Mr. Prime Timothy, stated this while announcing the forthcoming ATRaS Mobility Transition Summit 2026 and the company’s ₦300 billion Fleet Integration and Transition Programme.
Timothy said the initiative, known as ATRaS (Affordable Transport Solution), is designed to accelerate the adoption of electric mobility, modernise transportation systems, expand charging infrastructure, empower youths and create sustainable economic opportunities.
While acknowledging that concerns over insecurity and negative perceptions continue to affect investment inflows into the region, he noted that realities on the ground now reflect significant improvements.
“There are still concerns about insecurity and perceptions that discourage investors from considering the Northeast. However, the reality today is that there have been significant improvements in security, made possible through the collective efforts of governments, security agencies, traditional institutions and communities,” he said.
He urged investors to move beyond outdated narratives often amplified on social media and take advantage of emerging opportunities across key sectors.
“We encourage investors to look beyond the old narratives and explore opportunities in agriculture, logistics, renewable energy, manufacturing, commerce and infrastructure development across the Northeast,” Timothy added.
According to him, 50 per cent of the programme’s funding, estimated at ₦150 billion, has been earmarked for the Northeast over the next three years.
“The investment is expected to generate at least 50,000 direct jobs and another 50,000 indirect jobs, thereby stimulating economic growth and improving livelihoods across the region,” he said.
Timothy described transportation as a critical driver of productivity, market access, education and employment, stressing that rising transport costs continue to place heavy burdens on households and businesses.
He said the ATRaS Mobility Transition Summit, scheduled for June 20, 2026, at the Pwanobato International Event Center, Numan, Adamawa State, would provide a platform for dialogue, innovation and practical solutions to transportation challenges.
“The summit is designed to unlock economic opportunities through innovation and collaboration while addressing the transportation challenges facing our communities,” he stated.
Explaining the choice of Numan as host town, Timothy said the decision reflected the company’s commitment to inclusive development and balanced regional growth.
“We deliberately chose Numan because meaningful development should not be concentrated only in major cities and state capitals. Hosting this summit here demonstrates our confidence in Adamawa State and the Northeast as emerging destinations for investment and innovation,” he said.
A major highlight of the event, according to him, will be the launch of the ATRaS Mobility Ecosystem, an integrated platform combining electric mobility solutions, fleet operations, financing systems, charging and battery-swapping infrastructure, logistics support and driver empowerment programmes.
He disclosed that the company would commission and deploy 300 electric tricycles under the first phase of the initiative to improve transportation access, stimulate economic activities and create employment opportunities.
“Through structured ecosystem participation models during the pilot phase, transportation costs could be reduced to as low as ₦50 per drop,” Timothy said.
He called on the Federal Government, state governments, financial institutions, vehicle manufacturers, technology providers, energy companies, infrastructure developers and community leaders to support the initiative.
“This summit is not only about transportation. It is about changing the narrative of Northeast Nigeria by showcasing its resilience, opportunities, innovation and immense investment potential,” he said.
