No fewer than 54 foreign investors have indicated their interest in investing in Ogun State.
Commissioner for Commerce and Industry, Chief Bimbo Ashiru, said this during a meeting with the members of the Ogun Chamber of Commerce, Industry, Mines and Agriculture.
Ashiru said the ministry had received over 54 letters of intent from investors, including foreigners aiming to set up business ventures in the state.
He urged the investors and companies already operating in the state to pay their taxes and levies regularly to the coffers of the state government.
Ashiru said, “Our industries, our investors should be responsible enough to pay their taxes and levies as and when due so that we continue to provide the necessary amenities and infrastructure for them.
“We know that we are creating what is called the Ogun Standard by ensuring that we create an enabling environment and the necessary infrastructure for investors.”
He also said the state government had embarked on the rehabilitating state and federal roads as part of its efforts to attract more investors.
The commissioner said, “On the Agbara area, we are aware that the road that leads to the Agbara Industrial Estate is bad but that road belongs to the Federal Government, it’s not Ogun State Government road, but we’ve taken it upon ourselves do it.
“There are so many Federal Government roads we have started fixing in Ogun State. We are not waiting for the Federal Government. We believe that they will eventually compensate us, if need be.
“But we are not waiting for that because we want to create the necessary infrastructure and create an enabling environment for our investors and we know that one of the primary objectives of any investor is to look at the security of his property and investment and security of his workers.
“So, we are looking into that and hopefully we are going to sort those things out. Even the Ogijo-Ijoko road we are talking about, we have already awarded the contracts and we are putting the final touches on that.”
He said the tight security around the industrial areas had reduced the rate of armed robbery.
Ashiru added, “Many of the industrialists in the state have attested to the fact that we have been able to provide the necessary security. We have stationed one of the Amoured Personnel Carriers we ordered around there and they even thanked us that so far so good, the rate of robbery has reduced drastically in that area and we’ll continue to ensure that.”