OGSG Establishes Investment Agency, Beckons on Investors.

The Ogun State Governor, Prince Dapo Abiodun has called on investors to take advantage of human capital, raw materials and other potentials that abound to invest in the state for the growth of the nation’s economy.

Governor Abiodun, who stated this in a keynote address at the presentation of a report, “Companies to Inspire Africa 2019”, by the Nigerian Stock Exchange, held in Lagos, noted that despite the huge number of investments in the State, there were still potentials waiting to be tapped by investors.

He mentioned some of the resources available in the State to include bitumen, clay, granite, bauxite and large arable land and conducive climate suitable for all year farming.

Prince Abiodun said his administration places high premium on infrastructure as one of the key enabler, saying that, government would carry out the construction and rehabilitation of roads in border towns, as well as established industrial hubs in area where gas pipeline passes through to enable investors benefit.

He said it was imperative for the state government to collaborate and map out workable approach for a symbiotic relationship with the Private sector players to invest, adding that, his administration was poised to providing good governance through transparency, accountability and equity, while providing enabling  environment for public Private Partnership to ensure that the people realised their aspirations.

The Governor said an investment promotion agency has been established to showcase investment opportunities available in the State as well as to liaise with players in the corporate world to invest in the state.

Also speaking, the British Deputy High Commissioner, Ms. Harriet Thompson, described Small and Medium Enterprises (SMEs) as the life wire of a nation’s economy, saying, Nigeria businesses have expanded and broken new grounds to make the nation the largest economy in the continent, adding that, British experts would work with Nigerian investors to unlock more opportunities for the benefit of both countries.

The Chief Executive Officer, Nigerian Stock Exchange, Mr. Oscar Onyema, in his remark, noted that for the economy to make any headway, the capital market has to be vibrant to enhance capacity and create the needed impetus for industries to thrive.

In his welcome address, the country senior Partner, PwC, Mr. Uyi Akpata, said the programme was an opportunity to celebrate the 97 Nigerian companies that featured at the edition of the Lagos launch, adding that, the edition would identify some of Africa’s most inspiring businesses with a view to encouraging them.

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