Ogun Govt Assures More Investors Of Support To Boost IGR In Ogun - EDU-BIZNEWS


Friday, June 21, 2024

Ogun Govt Assures More Investors Of Support To Boost IGR In Ogun

Ogun State Government has vowed to support more companies to survive, so as to sustain its industrial growth in the face of economic realities in the country and  improve the state’s economy.

The State Commissioner for Industries, Trade and Investment, Mr. Adebola Sofela, accompanied by the Permanent Secretary and other top management staff of the Ministry, gave the assurance during a strategic visit to African Industries Group (AIG), in Ado-Odo/Ota Local Government Area of the state

He added that the Prince Dapo Abiodun-led government was committed to creating an enabling environment for the existing businesses to thrive and attract new investors into the state.

Sofela said the visit would further consolidate on the existing relationship between the state government and industries, while appreciating various companies operating in Ogun for their resilience and belief in the state and Nigeria, despite the present economic situation in the country.

“The present administration has put various reforms in place to strengthen the existence of industries. A lot has gone into our land administration system to fast-track the process of getting title documents without delay. We have a Business Enabling Council, which consists of strategic stakeholders where we meet regularly to discuss how businesses operating in the state can do well on an incremental basis’’, he said.

On his part, the Permanent Secretary, Dr. Olu Ola Aikulola, assured that government was committed to addressing sundry issues in the sector, just as he pointed out that the position of Ogun as the industrial capital of Nigeria was by sheer hard work.

Also speaking, Managing Director of the company, Chief Sohan Bagla, who disclosed that the Group had been in existence for 52 years, appreciated government for its laudable policy initiatives, promising that his organisation would continue to positively impact its host communities in its Corporate Social Responsibility (CSR) engagements.

Remarking, the Group Executive Director of the company, Barr. Uche Iwuamadi, described the state as one of the most peaceful in the country, which he said, informed the organisation’s decision to concentrate 60 percent of its national investment in the state.

While revealing the readiness of the company to increase its investment by additional 20 percent, Iwuamadi lauded the appointment of Mr. Sofela as the Commissioner, saying it was a round peg in a round hole.


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