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Ogun offers 80% land discount as incentives for agric, others

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ABEOKUTA — THE Ogun State Government, yesterday, offered 80 per cent discount for the purchase of land in the state for industrial development.

Governor Ibikunle Amosun made the offer at the ongoing Ogun State Investors’ Forum tagged “Ogun, open for business.”

Giving details of the land discount being offered by the state government, Amosun said 60 per cent discount would be applicable for manufacturing, 40 per cent for commercial e.g. tank farms, real estate, logistics and community, while 75 per cent would be for organisations, including religious and educational institutions.

He noted that the discount was available to developers that commence development  within 180 days, that is six months of the issuance of the final letter of land allocation.

He said the discount remained valid until December 2012, adding: “We do not want land speculators in Ogun State. We want partners, genuine long term investors. We believe that these incentives will enable us to rapidly demonstrate the exciting investment opportunities in our state.

Ogun State being open for business is not a catchy slogan. We truly are open for business and in that regard, we want to be a catalyst to jump-start development in certain key areas, since our location is our key competitive advantage.”

He said the state was determined to provide the enabling environment for investors at all levels to thrive. In terms of mineral resources exploitation, he said the government was partnering with experts to exploit its resources in a sustainable and environmentally friendly manner.

He said: “In agriculture, we are not only supporting existing farmers but also investing heavily to attract and support large scale farming and value chain addition in the form of agricultural processing.”

Speaking at the forum, Governor Rauf Aregbesola of Osun State  called for collaboration among the South West states, charging Ogun State to maximize the agricultural potentials available in the state.

Aregbesola said Lagosians consume three million Agege bread on a daily bases, eight million heads of cow.

He revealed further that food exchange in Lagos state accounts for 3.5 billion daily, saying, imagine the West getting 10 per cent of this, is my wish for Ogun to maximize agricultural potential, so as to meet at least five per cent of Lagos n

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