Ogun govt has a lot to show for its PPP initiative – Gov Abiodun’s aide, Okubadejo
Bankole Taiwo, Abeokuta
The Chief Economic Adviser to Ogun State Governor, Mr. Dapo Okubadejo, says the government’s Public-Private Partnership initiative has given the State an edge over its peers in the country, particularly in securing investments, increasing Internally Generated Revenue, and providing effective Budgeting, among others.
Mr. Okubadejo, the immediate past Commissioner for Finance stated this in Abeokuta during a collaborative meeting with the Heritage Advisory Group and Nigerian Economic Summit Group (NESG).
Okubadejo said the Prince Dapo Abiodun-led administration has many economic plans in place to surpass the achievements recorded in the first term of the present government, pointing out that the Governor is committed to creating a favourable business environment and fostering economic development to transform the State into a prosperous and thriving hub.
The Governor’s aide explained that the implementation of the Medium-Term Revenue Strategy (MTRS) deployed in the first term of the administration recorded a milestone in the economic boost of the State today.
He said, “The Medium-Term Revenue Strategy facilitated strategic investments in key sectors of the State’s economy. Ogun State actively encourages private sector participation through initiatives such as Public-Private Partnerships (PPPs) and favourable investment policies. These efforts attracted local and foreign investments, which not only generated revenue but also stimulated economic activities, fostered job creation, and improved the overall socio-economic landscape of the State,”
Also speaking, the Chief Economist and Director of Research and Development, Nigerian Economic Summit Group, Mr Olusegun Omisakin, said the group as a renowned think tank for African States, has the objective of providing policy recommendations and evidence-based interventions to support governments.
He explained that the collaboration with Ogun State was to enhance the state’s economic capacity and ensure that its citizens and residents benefit from the promising prospects.
Others in attendance were the Special Adviser to the Governor on Budget and Planning, Mr. Olaolu Olabimtan , Permanent Secretaries, Ministries of Finance and Budget, Mr. Adesina Towolani and Mrs. Abosede Dada respectively, Member of Heritage Advisory Group, Mr. Kunle Elebute, CMC Connect Group. Mr. Yomi Badejo- Okusanya, among others.