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Governor of Osun State, Senator Ademola Adeleke has reiterated his commitment to industrialize the State for economic prosperity.
He said initiatives are being taken to nurture Nano, Micro, Small and Medium Enterprises to sustainable levels, Skills Upgrade and Entrepreneurship Development Training Programme to encourage youths to be self reliant among others.
The Governor stated this at the official launch of The New Sustainable Industrial Development Policy of Osun State held at the State Secretariat.
He said the launch of the Industrial Development Policy for the State is another testament to the fact that his administration is determined to create a positive revolution that will herald Industrial growth and development in the State.
The Governor who expressed delight at the collaboration of the State Government with Osun State University and Relevant Industrial Stakeholders on the policy, said the model adopted for the formulation is what is obtainable in most developed countries of the world.
Highlighting the potentials of the State in the area of Agriculture, Forestry, and Solid Mineral Resources, Governor Adeleke said it is sad that most of the resources have remained greatly under-utilized for many years.
He described the Industrial Development Policy as a reflection of the administration’s resolve to strengthen the State’s economy, create wealth, reduce poverty and youth restiveness through revival of many of the moribund industries in the State.
The Governor added that the policy will see to the development of Living Spring Free Trade Zone, establishment of Farm Produce Aggregation Centres with necessary processing facilities as part of implementation process of the policy.
“This policy document would also create direct and indirect jobs, generate revenue, attract investors from within and outside the country in the Agricultural, Industrial, ICT, Solid Mineral and other sectors of the economy.
“it would also encourage local content inclusion in value addition at every stage of the value chain.
“Our government is not relenting on its drive to industrialize the State as work is ongoing on several initiatives of the State Government which include, Development of Technology Incubation Centre, in collaboration with SMEDAN to nurture Nano, Micro, Small and Medium Enterprises to sustainable levels, Skills Upgrade and Entrepreneurship Development Training Programme to encourage youths to be self reliant, Establishment of Special Economic Zone and Establishment of Special Agro Processing Zone in the State in collaboration with the Federal Government”, he stated.
In her welcome address, the Permanent Secretary, Ministry of Commerce, Industry, Cooperatives and Empowerment, Mrs Kehinde Odediran said, the Industrial Policy is a strategic effort by the State Government to encourage economic transformation and rally all available resources, human, business and natural to execute socio-economic development agenda which this administration has taken as priority.
She disclosed that, the formal launch of the Osun State Industrial Policy is not just an initiative to drive economy of the State, but will also ensure that Osun youths are offered employment in various businesses of their choice that may spring up during the implementation of this Policy.
While delivering a keynote address, the Vice Chancellor, Osun State University, Professor Odunayo Clement Adebooye commended the administration of Governor Ademola Adeleke for such an innovation as it will open door for job opportunities for youths in the state.
He said the Osun state university welcomes the collaboration with the state as it will attract more investors in both Industry and mineral resources from within and outside the state.
