Ogun Govt Assures Investors Of Business Friendly Policies - EDU-BIZNEWS


Thursday, October 19, 2023

Ogun Govt Assures Investors Of Business Friendly Policies

Ogun State Government has assured investors and those interested in investing in the state of willingness to provide a conducive environment by executing investment-friendly policies for businesses to thrive in the state.  


The State Commissioner for Agriculture Development and Food Security, Hon. Bolu Owotomo gave the assurance when he played host to the representatives of the British Deputy High Commissioner, Messer. Wale Adebajo and Shawn Awnwoju, in his office at Oke Mosan, Abeokuta, saying the government was doing everything possible to ensure the state remain attractive for investors.


"Ogun State has a vantage position in terms of location because of its closeness to Lagos and also share a border with another country, we have the highest number of industries," he said.

Owotomo emphasized that the government has put in place necessary infrastructure such as accessible road network, and gas plants, among others, to ensure the ease of doing business, explaining that the state government was ready to partner with institutions or individuals who would key into its policies, especially in the area of mechanized farming or agro-based industries.

The Commissioner encouraged intending investors to set up factories for processing of farm produce rather than exporting raw materials, in order to boost foreign exchange earnings and youth employment, pointing out that the state has very low political temperature and tension that guarantees security and safety of investors.

 Reacting, the representatives of British Deputy High Commission, Mr Adebajo, Shawn Anwoju said their visit was to familiarize themselves with the key players in the state economy and look at areas of possible collaboration, stressing that it was essential to know how politically stable the state is as well.


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