The Ogun State Ministry of Commerce and Industry has declared government’s readiness in establishing a Garment Institute in partnership with the Nigerian Export Promotion Council (NEPC) to enable duty-free exportation of Adire fabrics to the United States of America.
The Consultant to the Governor on Commerce and Industry, Ms. Sola Arobieke, made this known during the Treasury Board Meeting on Year 2020 Budget, held at the Obas’ Complex, Oke-Mosan, Abeokuta, stating that the exportation would be facilitated by the African Growth and Opportunity Act (AGOA).
She said in preparatory to the hosting of 2020 Gateway Trade Fair, her Ministry had made provision for the reconstruction of the Pavilion office complex and the Ogun State Council of Chambers of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) Office, which were demolished at the Trade Fair Complex, to give way for railway construction work around the area.
Arobieke added that in 2020, the Ministry also intends to adequately equip the Industrial Service Centre, to train entrepreneurs on the fabrication of metals and support industrialisation, stressing that the equipment in the Centre which were last purchased during the Olabisi Onabanjo administration had become obsolete.
While saying that procurement of geological equipments and development of a Quality Control Laboratory for the Geological Services Department would be pursued, the Consultant said the Ministry was determined to develop its 10.6 hectares Technology Incubation Centre for Small Scale Enterprises (SMEs) and upgrade common facility centres, which would boost cashew nut, leather and cosmetics processing in the State.
Arobieke stated that the 2020 Proposed Expenditure stands at N 1, 156, 962,088, comprising of N750,000,000, proposed for Capital expenditure, N340,000,000 for Personnel and N66,962,088 for Overhead Expenditure, while the agency had also proposed an improved revenue of N2,500,000.
She requested for the provision of vehicles, motorcycles, as well as execution of various projects proposed in the Budget to achieve its revenue target, stressing that, with the introduction of the Central Billing System
Technology, the Ministry hopes to improve on revenue collection from business premises from N32m to N181m in 2020.