OGUN ECONOMIC POLICIES HAVE GREATLY INFLUENCED INDUSTRIALISATION-NIPSS PARTICIPANTS The Study Group

 OGUN ECONOMIC POLICIES HAVE GREATLY INFLUENCED INDUSTRIALISATION-NIPSS PARTICIPANTS

          The Study Group One, Senior Executive Course 45 of the National Institute for Policy and Strategic Studies (NIPSS), has described the economic policies of the Ogun State Government as second to none, pointing out that the legal environment has greatly influenced industrialisation, and provided tax breaks, as well as duty- free imports.       

       

   The Lead presenter of the group, Col. Ibrahim Yusuf stated this while presenting a report of the Local Study Tour of the State at the ceremony held at the NIPSS, Kuru, Jos.

          Col. Yusuf, who noted that part of the objectives of the study was to discuss the strategic environment, historical perspective and trends in industrialisation, energy, security and climate change in the State, affirmed that it has a favourable legal environment for energy security as seen in the State Energy policy, which aims to enhance energy efficiency and promote renewable energy sources.

          According to him, ‘’the State has done well in the promotion of the Nigerian Industrial Revolution plan through the creation of an enabling environment and supporting impressive progress in enhancing domestic resource mobilisation through the strengthening of tax administration and other innovation which has led to the substantial increase in the State internally generated revenue’’.

          Col. Yusuf also observed that the growing involvement of the private sector and partnership with development partners, including multilateral and bilateral institutions would provide valuable technical assistance, financial support, and knowledge exchange opportunities which would foster sustainable development in the State.

           His words, "Ogun State prioritises industrialisation, energy security and sustainability. The State seeks to promote renewable energy and form partnerships to enhance energy security, while the State is vulnerable to climate change impacts like flooding and extreme heat. The government has taken proactive steps to address climate change's immediate and long-term effects by protecting agriculture and livelihood".

          He therefore, stressed the need to put in place a legal framework to address climate change-related matters.

          In his remarks, the Director General of the Institute, Prof. Ayo Omotayo described the report on Ogun State as objective, pointing out that the economic policies of the present administration had impacted positively on industrial growth.

          In his speech, Ogun State Governor, Prince Dapo Abiodun, described the NIPSS as the apex center for policy, research, and reflection for a better Nigeria, saying the recent visit of the course participants to the State had enabled them to have first-hand information on the policy drive of the present government in the area of industrialisation, energy security and climate change which was the theme of their study.

           Represented by the State Head of Service, Mr. Kolawole Fagbohun, Governor Abiodun stated that the State would continue to attract meaningful investment based on the creation of enabling environment and infrastructural development as encapsulated in the ISEYA mantra of his administration.

          The Governor charged the Institute to foster a strategic partnership with Oba Sikiru Adetona Institute for Governance Studies in the advancement of leadership skills, good governance, and national development.

          According to him, ‘’the Oba Sikiru Adetona Institute for Governance Studies, should be explored to enable Civil and Public Servants, as well as other interest groups to benefit from the quality of training and knowledge offered by the Institute’’.

 

OGIS.