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The Kogi State Government has urged both local and foreign companies to take advantage of the cosy business climate in the state to invest. The state governor, Idris Wada, made the call at a round table business meeting organised by the Nigeria Investment Promotion Commission (NIPC) in Abuja.
Wada said the state had outlined a number of incentives ranging from task holiday, access to land and provision of labour.
According to him, the State prided itself as a confluence city where the rivers Benue and Niger met.
He explained that the convergence of these two rivers provided the state with a coast environment that should be exploited.
“We also boast of fertile land for the production of rice and other plants that required excess waters to grow,’’ he said.
In the commitment to further boost agriculture, the governor said the state had set aside massive industrial area for the production of agro based items.
He said the investors must cash in on the location of the state and the presence of numerous solid mineral to invest in the state.
On his part, Mr Olusegun Aganga expressed delight on the platform provided by NIPC to bring together potential business groups that were willing to invest in the country.
Aganga said the country was the number business destination in Africa, adding that the 36 states of the federation including Abuja were virgin lands to grow all kinds of businesses.
He said Nigeria was one of the few countries in the World that allowed transfer of profits made in the country to companies’ homelands.
Aganga explained that the numerous available incentives were essentially introduced to encourage industrialisation of the country.
“The government is aware of the need to create growth that would impact on the standards of living of its peoples. We are therefore committed to encourage all legitimate enterprises that could reposition the country to be able to cater for its huge population,’’ he said.
Earlier, the acting Executive Secretary, NIPC, Alhaji Abubakar Hassan, the convener of the meeting, said The commissionwas a one-stop-shop business registry that provided radar for investors to navigate in the country.
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