Ogun Govt Woos Foreign Investors To Invest In Tourism Sector - EDU-BIZNEWS


Thursday, December 14, 2023

Ogun Govt Woos Foreign Investors To Invest In Tourism Sector

Ogun State Government is putting several mechanisms in place to woo foreign and local investors to invest in the huge tourism potentials of the state capable of boosting economic activities and increasing its revenue profile 

The State Commissioner for Culture and Tourism, Hon. Sesan Fagbayi made this known while fielding questions from journalists in his office at Oke-Mosan, Abeokuta, listing  measures put in place to boost the sector to include, creation of more tourism opportunities, granting investment incentives to investors, favourable Foreign Direct Investment (FDI) regulations, creating an encouraging tax system, as well as ensuring good security system across various tourist sites in the state.

Fagbayi further pointed out that the present administration in the state was passionate about culture and tourism development, hence, the sector was opened up to private investors.

He also informed that the Ministry had intensified efforts to discover and develop more sites, towards providing required publicity for adequate awareness and prominence, adding that annual stakeholders meeting were being organised for stakeholders in tourism sector to promote tourism, in line with international best practices.

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