Governor Amosun dangles carrots to investors

Amosun speaking at the forum today

Governor Amosun speaking at the forum today in Abeokuta

Abiodun Onafuye/ Abeokuta

Government of the Western Nigerian state of Ogun says its reform programmes and policies in all sectors of the economy will endure and make businesses to survive and investors have returns on their investments.

Governor Amosun speaking at the forum today in Abeokuta
Governor Amosun speaking at the forum today in Abeokuta

Governor Ibikunle Amosun stated this today while hosting local and international investors at Government House, Oke-Igbein, Abeokuta. He said that the state offered the best financial and economic due diligence in land administration, manpower, infrastructure development and security.

Amosun urged local and foreign investors to support his government’s mission to rebuild the state.

Potential  investors at the luncheon in Abeokuta today
Potential investors at the luncheon in Abeokuta today

He spoke to over 40 investors with interests in pharmaceuticals, agriculture, power, manufacturing, automobile, metals, glass, ceramic and steel, consulting. Other areas of interest include cocoa processing, security, Amusement park, hotels, housing, real estate, fast food, Law firm, entertainment, agro-allied industry.

In his welcome address, the Ogun state Commerce and Industry Commissioner, Otunba Bimbo Ashiru said the investors will not regret investing in the state, saying the state has the largest concentration of industries in Nigeria, added that the state government is presently discussing with 70 prospective and 25 existing investors on how to invest and expand their businesses.

Governor Amosun described Ogun state as economic volcano that has erupted, adding that his administration has invested heavily in creating the right environment for their business to thrive.

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According to the governor,”all areas that required reform to boost economic activities in the state have been attended to by the government and these areas include reformation in land acquisition, planning approval, infrastructure development, site and services, power and energy, security, environment, technology, taxes and levies and manpower development. I want you all to take advantage of the opportunities in the state,as you all know that the state has a very peaceful and seren environment, our security network is superb and guaranteed and our environment is not contaminated like other states”,
he boasted.

Furthermore, the governor explained that it has automated the administration of land to make it seamless, saying that, the state governnment will within six weeks resolve all the challenges with land acquisition through the GIS project expected to be completed in the next six months,pointed out that the government has commenced sectoral allocation by dividing land to different sectors for easy industrial development.

Amosun disclosed that Abeokuta-Lagos old road, Sagamu axis and Papalanto/Interchange in Sagamu have been designated as industrial clusters where investors can only establish in line with the industrial plan of the state government.

He said land allocation and approval will be largely dependent on what the investors intended to do and in compliance with best practices in the world and Ogun Standard.

On the emerging industries and companies across the three Senatorial Districts in the state, the governor claimed that the state has surpassed Lagos state in terms of infrastructural development:

“We are gradually becoming the industrial hub of the nation, if you look at the way companies are springing up here in the state and you add up all these companies together, you will agree with me that we have surpassed Lagos. We want to attract more of you to come and live in Ogun state. Most of the people who work in Lagos state are living in Ogun state. We want to do it that you will be living in Ogun state and be working in Ogun state as well”.

Some of the companies with representatives at the meeting include:Phillips Industry,Flour Mills, CFAO Motors, Africa Real Estate Ltd.,WEMPCO Groups Ind.Watson Pharmaceutical,Multi Trex, Tulip Cocoa Processing Company, Galvanising
Industries and Tower Aluminium.

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