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Ogun: Abiodun unveils OGUNINVEST…says administration berths 36 investment portfolios worth $1b
Ogun: Abiodun unveils OGUNINVEST…says administration berths 36 investment portfolios worth $1b
The Ogun State governor, Dapo Abiodun, on Friday, inaugurated the Ogun State Investment and Facilitation Agency (OGUNINVEST) disclosing that no fewer than 36 investment portfolios worth over $1billion had been attracted into the state by his administration.
Abiodun equally disclosed at the event held at the Governor’s Office, Oke-Mosan, Abeokuta, the investments altogether were able to generate over 40,000 jobs for the people and residents of Ogun.
Abiodun expressed his optimism that the newly inaugurated Ogun State Investment and Facilitation Agency would promote the state and present it to investors both locally and internationally.
He added that the Agency would strengthen the governance, thereby helping the state attract more investment and further diversify the state economy.
The governor said that the primary responsibility of the Agency would be to make the state an investment of choice not only in the country, but in the entire Sub-Sahara Africa.
” This agency, its dream was preceded by the bill that was sent to the House of Assembly to give life to this agency which was passed on Friday, the 28th of September, 2019, that was barely four months into the life of this administration.
“Our administration through Oguninvest will continue to play the role of the enabler and facilitator to help the private sector grow, to create jobs and generate wealth for all in Ogun State.
“We have continued to reap bountiful harvest from our commitment as existing investments are thriving and new investments are being attracted. As at today, we’ve been able to attract 36 new investments into Ogun State worth over a billion United States dollars and generated an estimated of over 40,000 jobs since inception of Oguninvest,” he said.
The state helmsman who also noted that his administration has introduced a lot of tax reforms to ensure that the multiplicity of taxes was removed, added that his administration has also been able to successfully digitize a lot of its payment processes.
The governor added that his administration is committed to the growth of the state’s industrial sector, disclosing that his administration would begin the construction of the Special Agro Processing Zone with the ground breaking of the zone on the 4th of November, 2022.
In his remarks, the Commissioner for Finance and the Chief Economic Adviser to the Governor, Dapo Okubadejo who noted that the mandate of the Board is to market the state as the preferred destination of choice by creating a stress free enabling environment for investors, added that the establishment of the Economic Development Clusters would add value and also create value chain optimization opportunity within the state.
Okubadejo also noted that the Board would be embarking on proactive marketing to show the potentials of the state as the preferred investment destination by undertaking initiatives such as road shows and select investor meetings, adding that the introduction of a one stop shop approach by the present administration has made it possible for investors to cut through all bottlenecks.
The Commissioner for Industry, Trade and Investment; Kikelomo Longe, reiterated that the Board would enhance the entire value chain, pointing out that ‘the inauguration is the beginning of great things to come for the state”.
The Director General of the Ogun State Investment and Facilitation Agency, Olakunle Amoo, in his remarks, said that the state has a wealth of advantages, adding that ‘what the present administration is simply doing is to drill down to make that government can actualize them with the infrastructure investment”.
The newly inaugurated agency has Governor Abiodun as the chairman. Other members include the commissioner for Finance and the Chief Economic Adviser to the Governor, Dapo Okubadejo; Commissioner for Budget and Planning, Olaolu Olabimtan; Commissioner for Agriculture, Dr. Adeola Odedina; Commissioner for Physical Planning and Urban Development, Tunji Odunlami; Commissioner for Local Government and Chieftaincy Affairs, Ganiyu Hamzat; Commissioner for Education, Science and Technology, Prof. Abayomi Arigbabu; Commissioner for Justice, Shina Akingbade; Commissioner for Housing; Jamiu Omoniyi, Director General, Bureau of Lands; President, Ogun State Chambers of Commerce and Industry, Mines and Agriculture; Engr. Mike Akingbade and four other private sector nominees as board members, while the Director General of OGUN INVEST, Olakunle Amoo will serve as the board secretary.
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OurNigeria News Awards 2024: Adeosun, Mukokomani to Receive TY Buratai Excellence Award in Military Leadership
OurNigeria News Awards 2024: Adeosun, Mukokomani to Receive TY Buratai Excellence Award in Military Leadership
The OurNigeria News Awards 2024 has announced Lieutenant General Lamidi Adeosun of Nigeria and Brigadier General Mike Mukokomani of Botswana as recipients of the esteemed TY Buratai Excellence Award in Military Leadership. The award recognizes military leaders who have demonstrated exceptional service, visionary leadership, and unwavering dedication to peace, security, and nation-building.
The awards ceremony is scheduled for Thursday, January 30, 2025, at the Abuja Continental Hotel. It will bring together distinguished leaders from government, military, business, and civil society to celebrate excellence and inspire progress across Africa.
According to a press release signed by Sir AK Peters, Chairman of the Editorial Board of OurNigeria News Magazine, Lieutenant General Lamidi Adeosun has left an indelible mark on Nigeria’s military landscape. Renowned for his tactical brilliance, he has played a pivotal role in addressing security challenges across Nigeria and the West African sub-region. His legacy includes modernizing military operations and mentoring future leaders in the armed forces.
The statement also noted that Brigadier General Mike Mukokomani has significantly influenced regional security in Southern Africa. As a leader in the Botswana Defence Force, he has earned respect for his professionalism, innovation, and commitment to military ethics. His leadership has cemented Botswana’s reputation as a beacon of peace and security on the continent.
The TY Buratai Excellence Award, named after Nigeria’s former Chief of Army Staff, Lieutenant General Tukur Yusuf Buratai (Rtd), recognizes leaders who have redefined the ethos of military service. It encourages discipline, innovation, and collaboration in tackling Africa’s contemporary security challenges.
The OurNigeria News Awards organising committee extended heartfelt congratulations to the honourees. “Their achievements are not only a source of pride for their respective nations but also a testament to the transformative power of visionary military leadership across Africa,” Peters added.
The OurNigeria News Awards is an annual event celebrating individuals and organisations making significant contributions to Nigeria, Africa, and beyond. By highlighting excellence in various fields, the event fosters collaboration and inspires new achievements for sustainable development.
As the countdown to January 30 begins, the spotlight shines brightly on Lt-Gen. Adeosun and Brig-Gen. Mukokomani. Their stories of resilience, service, and leadership serve as an inspiration for future leaders and a call to action for fostering peace and security across the continent.
Breaking: Lagos Assembly Passes N3.4 Trn Budget For 2025
Sahara Weekly Reports That The Lagos State House of Assembly on Monday approved a total sum of N3,366,815,224,144 as the total budget of the state for 2025.
The approval followed the presentation of a report on the budget by the chairman of the joint committee on appropriation and finance, Hon. Sa’ad Olumoh, and the subsequent voice votes by lawmakers at a sitting presided over by the Speaker, Rt. Hon. Mudashiru Obasa.
The approved budget is made of N1,295,630,197,452 as recurrent expenditure while N2,071,185,026,692 is earmarked as capital expenditure for the year ending December 31, 2025.
Dr. Obasa, thereafter, directed the Clerk of the House, Barr. Olalekan Onafeko, to transmit a clean copy of the passed bill to Governor Babajide Sanwo-Olu for assent.
The Speaker commended his colleagues for their painstaking efforts leading to the passage of the budget.
Recall that Governor Sanwo-Olu had on November 21, presented a proposal of N3.005 trillion to the House for approval.
The Governor, during the presentation, told the lawmakers that the budget has a deficit financing of N408,902 billion adding that the deficit would be financed from external and internal loans and bonds.
Meanwhile, the House, during plenary on Monday, also passed a bill to consolidate all laws on local government administration in Lagos State.
The bill further makes provisions based on constitutional amendments as well as amendments by the National Assembly which have direct effects on the local governments in Lagos State.
Eromosele Ebhomele
– Chief Press Secretary to the Speaker of the Lagos State House of Assembly.
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