Abeokuta - Governor Ibikunle Amosun of Ogun has
assured local and foreign investors interested in locating their
business concerns in the state of a secure environment for their
He gave the assurance on Wednesday in Abeokuta at a stakeholders’
sensitisation workshop on the Ogun State One-Stop Investment Centre.
The centre is an initiative of the state Department of Trade and Investment in collaboration with GIZ of Germany.
Amosun, represented by Taiwo Adeoluwa, Secretary to the State
Government, said the government had embarked on the development of
infrastructural projects across the state to make business transactions
"For the people to go about their lawful and legitimate activities
without fear, molestation or threat to their lives and property, we have
ensured adequate arrangement and facilities to guarantee a secured
"We are determined to ensure that individuals and groups maximise
their potential while investors are assured that their investments are
safe," he said.
Amosun said OGSIC was established with the mandate to facilitate 'sufficient and effective’ service delivery and ease the burden of
regulatory compliance by private domestic and foreign investors.
He said that government had also intensified its investment drive by
restructuring both the Ministry of Commerce and Industry and the Bureau
of Lands and Survey.
He said that these efforts had yielded dividends as no fewer than 80
companies had signified interest to domicile their concerns in the
Adenike Aboderin, Special Adviser to the governor on Trade and
Investments, said the centre would strive to meet the yearnings of
would-be investors by providing information on investment opportunities
in the state.
In his presentation entitled "Urban and Regional Planning Reforms in
Ogun State", Gbenga Otenuga the Commissioner for Urban and Physical
Planning, said the government had undertaken various reforms to reduce
delays in building plan approval.
"The urban and regional planning law no 20 of 2005 and building plan
regulations of 2010 has been modified to address unnecessary delays and
bottlenecks in building plan approval processing.
"A fall out of this is the empowerment of Local Planning Authority
and Zonal Town Planning offices to approve simple applications at local
level within a maximum of 14 days.
"The offices have also being empowered to approve special applications within a maximum of 21 working days," he said.
Otenuga said that e-payment and point of payment machines, among others, were now in use in the state.
He said that the use of these machines had reduced the time wasted in going to banks for payment.