Our Parastatals

Specialized agencies driving sectoral development in Yobe State

Yobe State Parastatals

Autonomous agencies executing specialized mandates under the Ministry

Yobe Investment Company Ltd

Damaturu, Yobe State

Yobe Investment Company Limited (YIC) is a state-owned development finance institution established to attract investors, promote industrial growth, and drive economic development in Yobe State.

Yobe Agency for PPP & Investment Promotion (YAPPPIP)

Damaturu, Yobe State

Facilitates public-private partnerships and promotes investment opportunities across key sectors in Yobe State.

Small Scale Credit Scheme Board

Statewide, Yobe State

Provides loans and grants to entrepreneurs and SMEs to drive grassroots industrialization and job creation.

Yobe Investment House

Damaturu, Yobe State

Serves as Yobe State’s investment hub in Abuja, showcasing economic opportunities and attracting investors.

Yobe Microfinance Bank

Head Office: Damaturu

Expands financial inclusion by offering accessible banking and credit services to individuals and small businesses.

Yobe State Hotel

Damaturu, Yobe State

Offers accommodation and conference facilities to support tourism, hospitality, and investment activities in Yobe State.