Governor Abiodun highlights investment opportunities in Ogun

Governor Dapo Abiodun of Ogun state has highlighted investment opportunities in his state, asking investors to take advantage of the agriculture sector with its 74 percent arable land, and also the manufacturing, mining, and trade jointly constituted 65 percent of the State’s gross state product.

Abiodun who stated this at a webinar with Nigerian British Chamber of Commerce (NBCC) recently, listed Dangote, Nestle, Lafarge, Coleman Cables, Unilever, May & Baker, International Breweries, Procter & Gamble amongst others currently taking advantage of the investment opportunities in the state.

According to him, these factories contributed to the estimated N41bn Internally Generated Revenue (IGR) of the state.

In terms of the transportation system, the State Governor noted that the state has been able to develop the transportation network through rehabilitation of the roads leading to an industrial hub. This would improve the access of commuters around the zone and allow for more factories and investments.

Speaking on youth empowerment and job creation, Governor Abiodun said the state recently created a portal; The Ogun State Job/Employment Portal, to keep a track record of the unemployed and underemployed in the state. He thereafter called on the private sectors in the State to connect to the portal for skillful and enterprising youths as it pertained to their respective organizations.

Governor Abiodun assured investors of policy and regulatory reforms to support the ease of doing business in the state.

Earlier in his opening remarks, Kayode Falowo, the President and Chairman of Council of the NBCC, noted that according to the World Bank Group; Country Partnership Framework Unit, for Nigeria to make tangible socio-economic progress, sustained private sector led-growth must be supported.

This he said has led to the World Bank’s approval of 6 led projects in Nigeria’s development priorities in 2020, one of which was the Ogun State Economic Transformation Project.

The project is aimed at catalyzing private investments in Ogun State by providing and improving the business environment, strengthening the linkages between agricultural producers, suppliers and service providers, providing training and apprenticeship programs for women and farmers.

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