The industrialization drive of the Senator Ibikunle Amosun- led administration has continued to elicit interest from investors as 20 new industries are set for commissioning in addition to the existing 120 firms that have opened shop in the State.
This was according to the State Commissioner for Commerce and Industry, Otunba Bimbo Ashiru , while playing host to the State House of Assembly Committee on Investment, Commerce and Industries led by Hon. Bowale Solaja who were on oversight visit to assess performance of the ministry’s 2017 Budget.
Ashiru disclosed that the State remained one of the four states with the highest Gross Domestic Product (GDP) in the nation, noting that government was working towards putting more strategies in place to further attract more investors to boost foreign direct investments in the State.
He also disclosed that as part of the effort of government at reducing unemployment rate, the present administration would commence internship and vocational programmes for undergraduates with a view to making them employable for the numerous investors in the State.
Ashiru pointed out that efforts at addressing grey areas in revenue generation by government agencies and create a result oriented taxation system that would aid the revenue base of the State, necessitated the Harmonization bill before the State Assembly, expressed optimism that when passed into law would re-position revenue base.
In his remarks, Hon. Solaja and other members of the Committee members commended the Ministry for making the State the investors’ destination of choice with a charge to put in place more machinery at ensuring the success of the on-going industrialization efforts of the State government.