By Susan Eyo Ikpe
Ogun State Governor, Dapo Abiodun has promised to make Ogun State the agricultural, industrial and tourism hub in Nigeria through his ‘Building Our Future Together’ Agenda.
The governor made this known at the sensitization programme on the Vision
and Focus of the State Government , held last Friday, at Oba’s Complex, Oke Mosan, Abeokuta, the state’s capital.
He said his administration is committed to making Ogun State an investors’ first choice destination, not only in Nigeria, but in Africa. He hopes to take advantage of the state’s geographical location, as the gateway to Nigeria; its proximity to Lagos, the fifth largest economy in Africa; and, the window into the West Africa corridor, to boost the economy of Ogun state.
The governor assured the citizenry that his administration has formulated some policies which will begin to manifest in concrete programmes that will create an enabling environment to ensure existing investments thrive while new investments are attracted. These will be pivoted on a couple of enablers which include Good Governance, Development of Infrastructure, Security, Power/Energy, and ICT.
In addition he said these enablers will be built on strong Pillars like Education, Agriculture, Health, Environment and Physical Planning, Digital Economy, Vocational Training and Improvement on the Business Environment.
“The ‘Building our Future Together Agenda’, we cannot deny the fact that as we go about the serious business of creating a better, enduring and prosperous Ogun State, we must also appreciate the fact that it comes with a cost. This will also take into focus the financial implication of our common cause. We must think of how much we need; how we raise such funds; how such funds will be judiciously expended; and, how well such funds will be accounted for. The bulk of this falls within the purview of the Public Service. The Public Service is the engine room of any government,” he said.
Also, he said his Government will continue to complement the efforts of the Federal Government by supporting all the security agencies in Ogun State with the setting up of a Security Trust Fund that will be private-sector driven to provide the needed finances.
He noted that his administration will be export driven by leveraging on areas that the state has comparative economic advantage such as the textile industry. “We intend to expand the textile industry. We want to leverage on the Adire textile industry in particular to see how this can push our state on the export scale. We believe this could increase our state’s GDP.”
The Governor commended the efforts of the entire Public Service of Ogun State for their demonstration of rare professionalism and commitment to the Ogun State Project
Also speaking at the event Dapo Okubadejo, Economic Adviser to the governor said the state needs to position itself as an economically viable state to expand its borrowing capacity to enable it access required funding for capital projects.
“Access to funding will accelerate infrastructure & housing spend being pivotal catalysts for generating future IGR.It will raise local currency and foreign currency funding in exceptional instances for long – term economically viable projects which create multiplier effects.
Olaolu Olabimtan, a consultant on Budget planning to Ogun state government, said the state government will employ Medium Term Fiscal Framework (MTFF) in its budget planning with a 3-year projection for growth, inflation, exchange rates, revenues, expenditure aggregates, deficits and borrowing and financing.