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Saturday, 15 March 2025
Business

Finance Commissioner Outlines Ogun’s Plan to Eliminate Inefficiency, Attract Investors

The Ogun State Government has introduced significant financial reforms aimed at fostering economic growth and attracting investors to the state. Commissioner for Finance and Chief Economic Adviser to the Governor, Mr. Dapo Okubadejo, made this known during a revenue meeting with Payment Service Providers.

Highlighting the reforms, Okubadejo revealed that measures such as streamlined land acquisition processes, automated payment systems, and the implementation of the Treasury Single Account (TSA) are already yielding positive results. “These reforms are designed to eliminate inefficiencies and create an investor-friendly environment in Ogun State,” he stated.

 

He further disclosed that the reforms, which have already been successfully implemented in pilot agencies, will soon be expanded to other ministries, departments, and agencies. According to him, civil servants remain integral to the success of these initiatives.

The Chief Executive Officer of ICMA, Mr. Lukman Buari, commended the state government’s efforts to improve the business environment. He praised the reforms for creating a level playing field and pledged the continued commitment of service providers to meeting and surpassing their targets.

 

The financial reforms are expected to bolster investor confidence, streamline processes, and enhance Ogun State’s economic development.

 

Olamidedavid

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