Delegates from the National Economic Council on Implementation Monitoring Committee (NEC-IMC), Office of the Vice President, has given pass mark to Ogun State Government on the economic and infrastructural strategies put in place towards creating employment and business opportunities for investors.
The Director, Office of the Vice President, Mr. Dare Richard, who made this known during the Committee’s visit to the State, said it was part of the Federal Government’s efforts to reposition the national economy and protect the State against recession.
Richard noted that the strategies which were people-oriented in nature would go a long way in improving the standard of living of the people, as well as creating an enabling environment that would attract more local and international investors.
“I appreciate the effort of Ogun State Government for the various economic strategies embarked upon within the last 18 months, as most of these strategies will boost the State’s economic potentials among the comity of States. I am also happy that these strategies are not backed up by executive orders, but enacted law which will create confidence in the minds of prospective investors”, he said.
Speaking earlier, Commissioner for Finance and Chief Economic Adviser, Mr. Dapo Okubadejo said the State had commenced various Public Financial Management Reforms, among which are the Medium-Term Expenditure Framework, as well as Treasury Management Solution, to ensure accountability and transparency in government finances.
Mr. Okubadejo also hinted that the State had also established Investment Promotion Agency, Public Private Partnership Office and Development Partners Coordination Unit; in a bid to centrally coordinate all the activities of development partners and multi-lateral agencies.
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