Ogun Growing Economy Anchor On Strategic Developmental Plan- Okubadejo
Towards enhancing Ogun State’s economic position in Nigeria, government has unveiled a strategic developmental plan to revitalise the state’s economy, through infrastructure enhancements for sustainable growth and prosperity of its citizens.
Commissioner for Finance, Dapo Okubadejo, said this at the monthly guest forum, organised by Nigeria Union of Journalists (NUJ) Ogun State Chapter at Iwe-Iroyin, Oke-Ilewo, Abeokuta.
Okubadejo who also is the Economic Adviser to Prince Dapo Abiodun said the establishment of six additional economic development clusters positioned the state as an industrial capital,.
“With the highest number of free trade zones in Nigeria and numerous industrial estates, Ogun State is poised to leverage the African Continental Free Trade Agreement”, he said.
The Chief Economy Adviser added that the government had initiated the Economic Development Clusters, and partnered with the private sector to develop essential infrastructure, reduce costs, and provide companies with comprehensive support in providing power, water, and security.
Highlighting the state’s significant digital transformation that simplifies transactions for residents and businesses,he said, “the key initiatives include the digitalization of business premises permits and Certificate of Occupancy (C of O), as well as holistic reforms in land processes to promote transparency and streamline transactions, thereby attracting investments into the state.
“Ogun state has witnessed remarkable financial growth with our Internally Generated Revenue, soaring from 50 billion in 2020 to over 130 billion in 2023.”
The Commissioner added that government had initiated the Economic Development Clusters, partnered with the private sector to develop essential infrastructure, with the aim of reducing production costs and providing companies with comprehensive support in providing power water and security, while ensuring a conducive environment for sustainable growth.
Speaking on the palliative measure put in place to cushion the effects of the current economic crisis, the Commissioner assured residents of a transparent distribution of the N5 billion palliative initiative of the state government.
He noted that he had heard of complaints regarding the disbursement of the government’s gesture, stressing that “all ‘I’s will be dotted and ‘t’s crossed.”
Earlier, the state NUJ Chairman, Comrade Wale Olarenwaju, said the purpose of the Forum was to provide a platform for interaction between government and the governed, saying Governor Dapo Abiodun-led administration had recorded many achievements that placed the state ahead of others, making ISEYA mantra an envy of others.
the state’s significant digital transformation that simplifies transactions for residents and businesses.
Okubadejo said the key initiatives include, digitalisation of business premises permits and Certificate of Occupancy (C of O), as well as holistic reforms in land processes, to promote transparency and streamlining transactions, thereby attracting investments into the state.
“Ogun state has witnessed remarkable financial growth with our Internally Generated Revenue, soaring from 50 billion in 2020 to over 130 billion in 2023. Also, the establishment of six additional economic development clusters positions the state as an industrial capital. With the highest number of free trade zones in Nigeria and numerous industrial estates, Ogun State is poised to leverage the African Continental Free Trade Agreement”, he said.
The Commissioner added that government had initiated the Economic Development Clusters, partnered with the private sector to develop essential infrastructure, with the aim of reducing production costs and providing companies with comprehensive support in providing power water and security, while ensuring a conducive environment for sustainable growth.
Speaking has assured residents of a transparent distribution of the N5 billion palliative initiative of the state government.
government has set up a committee and we will involve all relevant stakeholders and if you are concerned about any part of the distribution process at all, I know the government is ready to listen and make amends. The money is really not much but just see it as the first of such many initiatives to come.
“ The register that will be used by the ministry of education is currently being compiled and a lot of validation is being done in the register. Some of the students have raised concerns but be rest assured that this will be done transparently. The reason the current list is being used was to start the programme immediately.
“ In fact, we are also leveraging technology for proper identification and that is why we are using BVN and NIN in this scheme. Be rest assured that this process will be done transparently.”
Earlier, the state NUJ Chairman, Comrade Wale Olarenwaju, said the purpose of the Forum was to provide a platform for interaction between government and the governed, saying Governor Dapo Abiodun-led administration had recorded many achievements that placed the state ahead of others, making ISEYA mantra an envy of others.
