x

Gov Ododo Woos Foreign Investors to Kogi

By Noah Ocheni, Lokoja

The Kogi State Governor, Alhaji Ahmed Usman Ododo, has assured prospective investors that the state is ready to welcome foreign investment and private enterprises.

The Governor, represented by his Deputy, Comrade Joel Salifu, stated this during a meeting with Mr. Xzhangcong, the country representative of the Shanxi Construction Investment Group Company Limited, at his residence in Lokoja, the state capital.

In a statement issued by the Press Secretary to the Deputy Governor, Mr Unubi Emmanuel, the Governor emphasized that Kogi State is ready to collaborate with foreign investors willing to establish operations within the state, highlighting the availability of abundant land, a skilled manpower, and many solid minerals.

He maintained that such partnerships would not only benefit the companies involved but also contribute positively to the government and the people of the state.

Governor Ododo noted that he has always encouraged foreign investors to come to Kogi State and establish their businesses, rather than transporting the state’s resources to other states for production.

He added that the companies would make more profit due to the reduced transportation costs on solid minerals.

He stressed the state government’s commitment to providing a secure and conducive environment for investments to flourish, urging the group to expedite their plans for engagement.

Earlier, Mr. Xzhangcong, the country representative of the Shanxi Construction Investment Group Company Limited, said that their firm specializes in electricity generation using coal. He revealed that they opted to invest in Kogi due to the abundant deposits of coal within the state.

He noted that the company aims to deliver a reliable power supply to the state by leveraging the aboundant coal resources available, emphasizing that government consent and assurances of safety are paramount to their investment decision.

On their part, Mr. Iliasu Isah and Abdul OganeAji remarked that they facilitated the company’s interest in Kogi State, believing that their own state should be the first beneficiary of this investment before considering expansion to other states across the nation. 

Hot this week

Investigation absolves Aondoakaa in Utan Bran compensation case

An independent investigation by Nigerian Concord Newspaper has found...

Halima Abubakar Alleges Eviction From Abuja Home Over Rent Dispute

Nollywood actress Halima Abubakar has said she was asked...

MOT!ON Raises Concerns Over Electoral Act 2022 Review, Questions NASS Intentions

The Movement for the Transformation of Nigeria (MOT!ON) has...

EFCC Arraigns Ex-NEDC Project Coordinator Over Alleged N2.28bn Fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned...

Otti Partners FG to Fast-Track Completion of Federal Road Projects in Abia

Abia State Governor, Alex Otti, has intensified collaboration with...

Kogi Govt Says Cash-Back Promotion Policy Boosts Workers’ Welfare

By Noah Ocheni, LokojaThe Kogi State Government says its...

Bayelsa Lays Late Deputy Governor to Rest as Tinubu, Jonathan Pay Tributes

By Amgbare Ekaunkumo, YenagoaBayelsa State on Saturday laid to...

Humanitarian:President Shettima Commissions Tudun Biri Resettlement Site in Kaduna

By Joyce Remi-BabayejuThe Vice President, Senator Kashim Shettima, has...

Army kills ISWAP commander, foils attacks in Borno

Troops of the Joint Task Force (North East), Operation...

Premier League Clubs Step Up Activity as January Transfer Window Nears Close

Premier League clubs intensified squad reshaping during the January...

March 31 Deadline: Oyedele Urges Nigerians to File Annual Tax Returns

Chairman of the Presidential Committee on Fiscal Policy and...

Crusade Dispute Puts CAN, PFN Under Spotlight

Allegations of interference and partiality have unsettled Nigeria’s major...

Rivers State Leads in Mobilizing Support for Tinubu’s reelection in 2027 – Wike

By Joyce Remi-BabayejuThe Federal Capital Territory (FCT) Minister, Barr....

Related Articles

Popular Categories

spot_imgspot_img