Ogun Vows To Sustain Position As Nigeria's Investors’Destination - EDU-BIZNEWS


Wednesday, July 28, 2021

Ogun Vows To Sustain Position As Nigeria's Investors’Destination

The Ogun State Government has vowed to sustain its leadership position as Nigeria's investors' destination of choice

The State Commissioner for Industry, Trade and Investment, Mrs. Kikelomo Longe reactiing to the latest data from the Nigerian Investment Promotion Council (NIPC) which rated the state as the highest in the country with $500million foreign direct investment in second quarter, assured that the State would maintain its leadership position as investors’ preferred destination in Nigeria

Longe  while speaking with newsmen in Oke-Mosan, Abeokuta, said the present Prince Dapo Abiodun's administration would continue to implement business-friendly policies which would enable the State surpass the $500 million investment recorded between April and June this year, which is 30percent of the total investment in Nigeria within the same period .

The Commissioner noted that with the various infrastructural projects executed by the government, more investors abound to start operations across the different industrial hubs in the State.

She says her Ministry and the Ogun State Investment Promotion and Facilitation Agency (OgunInvest) have been attracting investments, as well as creating an enabling environment for businesses to grow, stressing that the State was on course to exceed its present performance.

 “The NIPC report shows that Ogun State attracted 30 percent of the $1.69bn reported for the second quarter of this year. Our target is to attract far more than that level of investments. The Ministry of Industry, Trade and Investment and Ogun State Investment and Facilitation Agency (OgunInvest) are working to ensure investors are able to have a remarkable experience of doing business in the Gateway State”, Longe said.

Also speaking, the Permanent Secretary in the Ministry, Mr. Olu. Ola. Aikulola said effort would be intensified to support businesses operating in the State through solution-driven engagements, calling on the investors to sustain their relationship with the Ministry.

“Regularly, we have been engaging businesses in the State with the aim of addressing their issues, so that we can continue to provide the enabling environment for their investments to thrive”, Aikulola said.

No comments:

Post a Comment