Ogun State Government has inaugurated a Steering Committee and Technical Working Group to develop a new Industrial Policy and Implementation Plan that will guide the State’s industrial development sustainably from 2027 to 2036.
The State Commissioner for Industry, Trade and Investment, Mr. Adebola Sofela who inaugurated the committee and Technical Working Group in Abeokuta, said the committee and technical working group comprises stakeholders from the organised private sector, development partners, including the German Agency for International Cooperation (GIZ), Ministries, Departments and Agencies (MDAs), inclusion-focused groups as well as other relevant stakeholders.
He noted that the Prince Dapo Abiodun-led administration was committed to developing an inclusive and forward-looking policy that would be “government-owned, stakeholder-driven, evidence-based and implementation-focused” to promote a green economy.
“Importantly, the policy will be climate-informed, promoting resource-efficient production, low-carbon industrialisation, clean and renewable energy, green financing, innovation-driven manufacturing, circular economy practices and inclusive economic growth,” the Commissioner said.
Sofela, urged stakeholders to actively collaborate with the government, charging them to provide practical perspectives on challenges facing businesses and reliable information that would help develop an inclusive industrial policy and implementation plan, just as he assured that the government would remain committed to implementing the policy to improve the business environment and enable businesses to scale up.
The Commissioner, who described Ogun as one of the safest places to do business, said the State had become Nigeria’s industrial hub and investors’ preferred destination as a result of the deliberate policies and programmes of the Prince Abiodun-led administration, stressing that the Gateway State was determined to move beyond its status as Nigeria’s industrial hub and become Africa’s industrial hub.
Welcoming the participants, the Permanent Secretary, Ministry of Industry, Trade and Investment, Mr. Adedeji Sowunmi, said the State needed a clear, coherent and forward-looking industrial policy to consolidate its position as a preferred destination for investors.
He assured members of the committee and technical working group of the government’s support to enable them to achieve their objectives.
In his goodwill message, Commissioner for Education, Science and Technology, Prof. Abayomi Arigbabu, said the new industrial policy was necessary to ensure sustainability of the State’s industrial development.
In their separate contributions, the Chairman, Manufacturers Association of Nigeria, Ogun State branch, Prince Martins Awofisayo and the National President, Organised Private Sector Network, Dr. Femi Egbesola, said the private sector looked forward to an industrial policy that would bring positive changes to industries in the State, urging the committee to draw from the ideas incorporated into the industrial policy currently being developed for the Federal Capital Territory.
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