Ahead of its 2018 Investors’ Forum, Ogun State Government has hinted that its effort will be geared towards expanding its horizon from an industrial hub of Nigeria to the commercial nerve of West Africa as it was set to latch on its comparative advantages in agricultural value chain, technology and industry.
The State Governor, Senator Ibikunle Amosun stated this in Abeokuta while addressing a press conference and unveiling the theme for the 2018 edition of the State’s Investors Forum.
Amosun explained that government was ready to lay a solid foundation for economic development by exploring all the value chains, adding that it was also ready to fully explore agricultural business where it has recorded success.
“In 2018, our focus is to consolidate on those gains and accelerate the growths that we have achieved over time. We have resolved to encourage backward integration and import substitution’’, he said.
The Governor added that his administration has created the enabling environment for businesses to thrive in the state, saying it was high time his government focused on Medium, Small and Micro Enterprises (MSMEs) to strengthen the economy.
While unveiling the theme of the Forum tagged, “Consolidating the Gains and Accelerating the Growth,” the Governor said his administration was also exploring technology through the active use of fibre optics.
Earlier, the Commissioner for Commerce and Industry, Otunba Bimbo Ashiru, disclosed that the State has made tremendous progress under the present administration with 304 new industries representing 75 percent of the total Foreign Direct Investment in Nigeria.