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Kogi State Emerging as a Hub for Construction and Investment – Fanwo

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Kogi State Emerging as a Hub for Construction and Investment – Fanwo

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In a statement released on Friday, Kogi State Commissioner for Information and Communications, Kingsley Femi Fanwo, highlighted the increasing global recognition of the Ododo administration’s ambitious strides in infrastructure development and economic transformation.

Infrastructure at the Core of Development

Fanwo underscored the administration’s commitment to infrastructure as a critical driver of investment. “In the 21st century, no meaningful conversation about investment can exclude infrastructure. Reliable infrastructure, robust security, an available workforce, abundant natural resources, and efficient land administration are what attract investors,” he stated.

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He revealed that the administration has declared a state of emergency on infrastructure, with Lokoja, the state capital, at the forefront of these developments.

“The capital city is undergoing a remarkable transformation, with significant improvements in road networks and other infrastructural projects, boosting its aesthetic appeal. This progress extends beyond Lokoja to other urban areas, where township roads are being constructed, and rural communities, where new road networks are enhancing agricultural activities,” Fanwo explained.

Strategic Investments in Agriculture

The Commissioner also detailed Kogi State’s ₦9 billion investment in agriculture over the past 10 months, aimed at redefining the state’s economic narrative.

“We are shifting from merely exporting raw materials to adding value through improved value chains, thereby boosting the local economy. These investments include modern farm machinery, improved seedlings and livestock breeds, extension services for farmers, and the preparation of over 8,000 hectares of land allocated to youths and women,” Fanwo noted.

Additionally, the state is attracting reputable investors to process key crops like cashew and cassava, for which Kogi is Nigeria’s leading producer.

Community-Led Security Approach

On security, Fanwo emphasized the administration’s innovative, community-led approach to ensuring safety and stability. “Empowering local communities to take ownership of their security is a globally recognized best practice. This not only enhances safety but also creates jobs, reducing the risk of criminal activities,” he said.

Investor-Friendly Policies

Fanwo urged investors to take advantage of Kogi’s investor-friendly policies, which include streamlined land and tax administration processes. He also highlighted the state’s emphasis on education, which has produced a skilled workforce ready to support emerging industries.

“Kogi is endowed with the richest deposits of solid minerals and other natural resources in Nigeria. We are committed to ensuring these resources are harnessed for the benefit of all Kogites. We call on our people to support the administration’s efforts to build a stronger, more prosperous state,” he concluded.

The Ododo administration’s focus on infrastructure, agriculture, security, and investor-friendly policies is positioning Kogi State as a key player in Nigeria’s economic and development landscape.

Kingsley Femi Fanwo
Hon. Commissioner for Information and Communications
29th November 2024

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