Osun State Gov’t To Hosts Industrial Investment Summit 2024, To Boost Economic Growth

The Osun State Government through the Ministry of Commerce and Industry under the leadership of Commissioner for Commerce, Revd. Samuel Atanda Bunmi Jenyo and Consultant, Ravicom Integrated Concept Nigeria led by Prince Rotimi Awelewa, will be hosting the Osun State Industrial Investment Summit (OSIIS) 2024 scheduled for September 10-14, 2024.

This was disclosed in a media release signed by Jenyo on Wednesday in Osogbo, which was made available to newsmen.

According to the statement, The Osun State Industrial Investment Summit aims to bring together leading Investors, Industry Experts, Government Officials and Entrepreneurs to explore Industrial Investment opportunities across Osun State’s Five Key Pillars, Agriculture, Mining, ICT, Commerce and Tourism in various local governments.

The summit will feature key world leaders who have graciously accepted to share their experiences and contribute to our Industrial development efforts.

Read the full statement;

MEDIA RELEASE BY THE HONOURABLE COMMISSIONER FOR COMMERCE AND INDUSTRY, REVD. SAMUEL ATANDA BUNMI JENYO, ON THE FORTHCOMING INDUSTRIAL INVESTMENT SUMMIT TO BE HOSTED BY THE OSUN STATE GOVERNMENT*

The Osun State Government through the Ministry of Commerce and Industry under the leadership of Revd. Samuel Atanda Bunmi Jenyo, in conjunction with our Principal Consultant, Ravicom Integrated Concept Nigeria led by Prince Rotimi Awelewa, will be hosting the Osun State Industrial Investment Summit (OSIIS) 2024 scheduled for September 10-14, 2024 at the Olagunsoye Oyinlola Multipurpose Hall, Osun State University (UNIOSUN), Oke Baale, Osogbo, Osun State to be hosted by His Excellency Senator Dr. Ademola Jackson Nurudeen Adeleke, in our bid to position Osun State as a Major Industrial and Commercial Hub in Nigeria and the West Africa Sub region with the Theme: Connecting Progress with Purpose.

The Special Guest of Honour is Senator Kashim Shettima (GCON) the Vice President, Federal Republic of Nigeria, who will officially declare the OSUN STATE INDUSTRIAL INVESTMENT SUMMIT, 2024 open. The Lagos State Government or Chairman of the South West Governors’ Forum, Mr. Babajide Sanwoolu, Oyo State Governor, Engr. Seyi Makinde, Ogun State Governor Prince Dapo Abiodun, Ondo State Governor, Mr. Lucky Aiyedatiwa and Ekiti State Governor, Mr. Abiodun Oyebanji are expected to attend the Summit.

The Osun State Industrial Investment Summit aims to bring together leading Investors, Industry Experts, Government Officials and Entrepreneurs to explore Industrial Investment opportunities across Osun State’s Five Key Pillars, Agriculture, Mining, ICT, Commerce and Tourism in various local governments.

The summit will feature key world leaders who have graciously accepted to share their experiences and contribute to our Industrial development efforts in order to accelerate the State’s industrial growth: Notable personalities who will be at the Summit include the Consul General of the Italian Embassy who will give a Keynote Address, the British High Commissioner, the Canadian Ambassador, the Israeli Ambassador, Chairman/CEO, Nigeria Diaspora Commission, Hon. Abike Dabiri Erewa, Aare Dele Momodu; DG, DAWN Commission, the Managing Director, ODUA Group and other prominent Panelists and Speakers.

Other eminent personalities expected to grace the three (3) day event include the former President of Nigeria, Chief Olusegun Obasanjo (GCFR), the Co-Chairman of the National Council of Traditional Rulers of Nigeria, His Imperial Majesty, Oba Enitan Adeyeye Ogunwusi, Ooni of Ife, Ex-Governor of Osun State, Prince Olagunsoye Oyinlola, Past Governors of Osun State, the Chairman of Cavistas Holdings, USA, Mr. John Olajide, prominent Traditional Rulers among others.

In addition, this year’s summit vision is to enhance productivity, create employment and wealth, increase social facilities and generate more revenue for the State and Nigeria in general, that will expand channels for leveraging the qualitative Industrial, Agricultural, Mining, Tourism and ICT potentials of the State for inclusive and sustainable GDP for the State and the nation. The Objectives of the Summit are:

  1. Set an agenda for accelerated industrial investment in Osun State, Nigeria, underpinned by sustainable and inclusive development, through focused discussions and deliberation.
  2. The summit seeks to identify and address key challenges and opportunities for transforming Osun State’s economy, with a particular emphasis on the role of agriculture, industrial advancement, manufacturing, tourism and capital investment.
  3. The summit is focusing on driving double-digit industrial investment and economic growth in the State’s senatorial districts.
  4. Providing necessary infrastructure for industrial and commercial benefits of the State.
  5. Identifying revenue generation windows from natural resources and manpower capacity to make the State financially buoyant and independent.
  6. The summit will also focus on identifying opportunities and strength of the various sectors in the state to attract investors, as well as, providing a platform for discussing and agreeing on actionable strategies for accelerating pace of industrialisation and economic growth.

Available Business Incentives include:

  1. Availability of affordable and vast expanse of fertile land for agriculture and Agro-based industrialization.
  2. Quick release of Certificate of Occupancy within 90 days from the time of processing to the completion date.
  3. The State Capital hosts the National Grid this makes electricity supply relatively stable in the state compared to other states.
  4. Rail Line linking South to Northern parts of the country for interstate goods movement and supply.
  5. Improved Security as a result of modern facilities for conventional police and other security agencies.
  6. Improved infrastructure like Roads, Water, Healthcare facilities, Bioresource Centre and good telecommunications atmosphere.
  7. Abundant Natural, Agricultural and Mineral resources.
  8. Availability of Industrial facilities such as Living Spring Free Trade Zone, Special Economic Zone and Special Agro-Processing Centre with modern facilities.

The Osun State Government is Open Beyond Words for Industrial Investment revolution to all: Investors, Manufacturing Industries, World leaders in Business, Government Officials, Business Executives, Private and Corporate Investors, Travellers, General Public and Tourists.

The Osun State Investment Summit 2024 is a showcase of bankable opportunities and a strategic matchmaking platform convening stakeholders to Osun State Industrial ecosystem to facilitate partnerships and investments in the state. The programme will feature curated sessions that interrogate pressing issues and strategic considerations relevant to Osun State’s Industrial revolution progress.

God bless you!
God bless Osun State!
God bless the Federal Republic of Nigeria!

I thank you all.

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