Kogi govt’s investor friendly policies equals high-worth investments – Fanwo

The State Commissioner for Information and Communications, Kingsley Femi Fanwo has disclosed that the state is witnessing a steady influx of high-worth investments as a result of the investor-friendly policies of Governor Usman Ododo.

Fanwo also noted that the state is already reaping the gains of the reforms, pointing out that the state is fast becoming one of the most attractive destinations for high-value investments in the country.

The commissioner had in a press statement he issued on Friday, attributed the positive trend to the investor-friendly policies of the administration of Governor Ododo.

According to the statement, the administration’s deliberate reforms in land and tax administration, coupled with enhanced security and infrastructure development, have created the right environment for private capital to thrive.

“Kogi is fast becoming one of the most attractive destinations for high-value investments in the country. We’re recording significant interest and commitment in agriculture, solid minerals, the hospitality industry, and other key sectors,” Fanwo said.

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Fanwo noted that the government has adopted a proactive approach by removing bureaucratic bottlenecks and designing policies that guarantee ease of doing business for both local and international investors.

“Our land administration is now streamlined and technology-driven, making it easier for genuine investors to acquire land without delay. In the same vein, our tax administration is supportive of business growth, especially for those investing in the productive sectors of the economy,” the statement added.

The Commissioner stressed that the current investment wave aligns with Governor Ododo’s broader vision of industrialising the state, creating jobs, and building a strong, diversified economy.

“We’re focused on attracting investments that will create sustainable jobs, stimulate local economies, and increase our Internally Generated Revenue (IGR). Kogi is open for business, and the results are already showing,” he said.

He restated the government’s commitment to maintaining a safe and stable environment for businesses to operate, while also encouraging more investors to explore the vast opportunities across the state.