Osun State Governor Reaffirms Commitment to State Industrialisation

Governor Ademola Adeleke of Osun State is making a strong push to attract investment and foster industrial growth, signaling a renewed focus on economic development. By emphasizing a public-private partnership model and streamlining business processes, the administration aims to create a more conducive environment for both local and international investors. The governor's directive for strict enforcement of a 45-day processing window for Certificates of Occupancy, coupled with the digitization of tax payments and the removal of bureaucratic hurdles, demonstrates a clear commitment to improving the ease of doing business.

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The state government also digitised the tax payment system alongside deployment of technology for a one stop shop for investors

The revitalization of free trade zones, which had been neglected for over a decade, is a particularly significant move. This initiative, along with efforts to harmonize tax administration and reduce multiple taxation, is designed to alleviate the burden on businesses, especially small enterprises. Governor Adeleke's proactive approach, including encouraging foreign investors like the Chinese Prodigy Group of Companies, underscores his administration's ambition to transform Osun State into an industrial hub.

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We pioneered the 45 day window for the processing of certificates of occupancy. Huge successes are recorded in this area. I have received calls from state clients and residents who have gotten their C-of-O within the stipulated timeframe.

ThisDay views these developments as crucial steps towards realizing the state's economic potential. The governor's engagement with traditional rulers, such as the Ooni of Ife and the Owa Obokun of Ijeshaland, highlights a collaborative approach to development, recognizing the influential role of royal fathers in driving investment. The governor's direct appeal for complaints to be escalated to his office in cases of delay shows a high level of accountability and a determination to overcome any obstacles to industrialization. This focus on practical reforms and investor engagement is key to attracting the much-needed capital and expertise to Osun State.

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We are committed to setting up our factory here in Osun. We will talk to our partners abou