Presidency ranks Kaduna high on ease of doing business


The Presidency yesterday scored Kaduna State
Government high in the promotion of investments
and ease of doing business in the country .The
benchmark established by the Federal Government
in assessing the state government was announced
by the Senior Special Assistant to President
Muhammadu Buhari on Industry , Trade and
Investment, Jumoke Oduwole, who declared that
Kaduna was leading in the ease of doing business
matrix.

Speaking with journalists at the World Bank Sub –
National ease of doing business methodology
workshop for the 19 Northern states in Kaduna ,
Oduwole, while commending the efforts of Governor
Nasir El-Rufai ’s investments drive, said the
diversification of the economy and export drive
would further improve the nation’s position in the
World Bank ease of doing business ranking .

Oduwole, who is also Secretary of Presidential
Enabling Business Environment Council ( PEBEC ) ,
headed by Vice President Yemi Osinbajo , said the
Federal Government took a significant step towards
making it easier for micro , small and medium
enterprises ( MSMEs ) to do business in Nigeria .

“ We want to make business work in Nigeria. By that ,
we want the country to be a progressively easier
place to do business for domestic and international
investors. That is our mandate and that is what
drives us . Kaduna State is at the forefront in the
ease of doing business in Nigeria ,” he said.

Speaking, Deputy Governor , Barnabas Yusuf Bala,
said the ease of doing business programme was
part of reforms in Kaduna State to remove
hindrances to economic growth and encourage more
businesses in the state.

Bala explained that part of measures to simplify
ease of doing business in the state was the
establishment of the Kaduna State Investment
Promotion Agency ( KADIPA ) , as a one- stop shop for
investors.
Meanwhile, effort by the Osun State government to
attract investors to enhance development of the
state may have yielded positive results , as the state
government has sealed a N216 billion deal with a
Chinese firm , Jiangsu Wuxi Taihu Cocoa Food
Company Limited , for the establishment of an
industrial park in the state.

During the signing of a memorandum of
understanding ( MoU ) at Government House Banquet
Hall in Osogbo , Governor Rauf Aregbesola stated
that the state would allocate 200 hectares of land
to facilitate the establishment of the park .
The partnership, he said , would support the state on
six different investments including cocoa bean
processing , chocolate and food processing , salt
processing , cassava starch processing , gold mining
and power plants .

The total investment by Jiangsu Wuxi Taihu Cocoa
Food Company Limited on the Industrial Park is $ 600
million, which he described as part of his
administration’s efforts to raise the bar of local and
foreign investment in the state.

Aregbesola noted that the agreement would go a
long way to support the economic drive of the state,
particularly in its quest for industrialisation. 

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