Number of Kwara’s functional firms grew by 87.5% under us: Abdulrazaq

Date: 2022-08-12

Kwara State Governor AbdulRahman AbdulRazaq on Thursday said the local economy has recorded huge gains over the last three years of his administration, with the number of active companies in Kwara growing from just 41 in 2019 to 77 in 2022, representing an impressive 87.5 percent increase.

Quoting a data from the Kwara Chambers of Commerce, Industry, Mines and Agriculture, the Governor commended the business community for their strategic partnership with the government and said the rise is a tribute to the efforts of the administration to bring inclusive growth to Kwara and make life more worth living for its people.

He spoke in Ilorin, the state capital, at the Annual General Meeting and commissioning of the secretariat of the Manufacturers’ Association of Nigeria (MAN) whose resilience the Governor commended.

AbdulRazaq said the growth in the number of functional firms has positive impacts on the standards of living of the people of the state.
The government has curbed double and digitised many of its processes to improve land administration and other business transactions with positive outcomes for industrial growth in the state, AbdulRazaq said.

"From just 41 firms in 2019 to 77 in 2022, the percentage of functional companies in Kwara has grown by at least 87.8% over the last three years,” he said.

"From just four skeletal flights in 2019, we now have some 12 flights every day to and from the state capital, Ilorin. Notwithstanding the national economic challenges, I’m impressed by the resilience and consistent growth of the Kwara economy.

"As of July 19, 2022, we had just 15 C of O waiting for printing, with just 46 R of O and 15 Assignments also awaiting printing. Otherwise, we have ensured that the government's processes are done expeditiously. We are similarly working on other proposals to improve the business climate in Kwara."

AbdulRazaq said the rising inflation and security challenges in the country are surmountable with everybody playing their best roles, reiterating his administration's resolve to continue to assist the business community in the State.

He said the government's commitment is evident in its ease of doing business campaigns and infrastructural development across the state, as well as its efforts to minimise communal conflicts and strengthen security of lives and properties.

National President, Manufacturers Association of Nigeria (MAN), Engr Mansur Ahmed, who described MAN as the backbone of economic development and sustainable growth, appreciated the efforts of the AbdulRazaq administration to improve the business climate in Kwara State.

"I have no doubt that (Your Excellency is) aware of the position and significance of the manufacturing sector in our economy. I am aware that you have indeed done a lot for the past three years to improve the environment for investors and particularly those in the manufacturing sector. I would like to use this opportunity to thank you for this," he said.

"Manufacturing sector is the backbone of any economy. Because it is a sector that provides and sustains wealth creation. It is a sector that provides jobs on a continuous and sustainable basis and it is a sector that drives capacity building and improves economic resilience."
He assured the Governor of the association's continued partnership to encourage industrial growth in the State.

MAN's Chairman for Kwara/Kogi States branch, Pharmacist Bioku Rahman, in his welcome address, appreciated the government for its giant strides and for creating an enabling atmosphere to grow businesses through the creation of Ease of Doing Business Council and other business-friendly policies in the State.

"Your Excellency, your decision to grace this event symbolizes your recognition of the manufacturing industry as a key driver of our economy in Nigeria,” Rahman said.

"Your government has also displayed this in policy advancement, including the inauguration of the Ease of Doing Business Council in Kwara State, and the decision to co-opt MAN into the expanded caucus of the Council.”

The event was attended by creme de la creme in the Kwara business community, including the KWACCIMA President Alhaji Olalekan Fatai Ayodimeji and top industrialist Alhaji Kamoru Yusuf.

Rafiu Ajakaye
Chief Press Secretary to the Governor
August 11, 2022

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ishola Balogun Fulani     Yunus Lawal     Shehu Alimi Foundation     Sulyman Age AbdulKareem     Oba Sulaiman Asude     Issa Manzuma     Abdulahi Abubakar Bata     Kwara TV     Jimoh Olusola Imam     Aso-ofi     Aliyu U. Tilde     KWASIEC     Erubu Oba Zubair     Ita-Ore     NIRSAL     Ilorin Anchor Men And Women     Budo Egba     Simeon Sule Ajibola     Aminat Ahmed     Sunday Otokiti     National Broadcasting Commission     Onilorin Of Ilorin     AbdulFatai Adeniyi Dan-Kazeem     Toyin Abdullahi     KWAFFA     KWASAA     Raji AbdulRasaq     Cornelius Adebayo     AbdulGafar Tosho     Timothy Akangbe     Kola Shittu     ANCOPPS     Moshood Kashimawo Abiola     Azeez Bello     Hamidu Olowo     Moro     Oniwa     Tsaragi     Vasolar Consultoria     General Hospital, Offa     Solomon Edojah     Bashiru Makama     Lanre Issa-Onilu     Mohammed Yisa     Elesie Of Esie     Abdulwasiu Bolaji Adeyi     CCB     Taofik Abdulkareem Babaita     Academic Staff Union Of Universities     Umar Bayo Abdulwahab     Sango-UITH Road     Olatunji Moronfoye     Adeola Abraham     Olufolake Abdulrazaq     EFCC     Kwara South     Okin Malt     Agbarere     Olumide Daniel Ibitoye     Agboola Abdulraheem     2023 Elections     Saka Abimbola Isau     Economic And Financial Crimes Commission     Ahmad Fatima Bisola     CKNG     Amasa     Village Alive Development Association     Ballah     Lateef Alagbonsi     Oloye     International Aviation College     Okasanmi Ajayi     Suraj Tunji Oyewale     JAMB     Kumbi Titilope     Orire     Y.A. Abdulkareem    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Aminu Adisa Logun     Kwara State Television (KWTV)     Gbemisola Oguntimehin     Apado     All Confederation Of Principals Of Secondary Schools     Bello Taoheed Abubakar     Bello Oyedepo     Omoniyi Ayinla     Ahmed Bolaji Nagode     Ahmed \'Lateef     Osi     Twitter     Kwasu     Ope Saraki     Moses Salami     Monthly Sanitation     Federal Polytechnic Offa     Hamza Usman     A.G.F Abdulrasaq     Salman Jawondo     Bilikisu Oniyangi     Sulu Gambari     Kwara Consultative Forum     Kola Ologbondiyan     Ibrahim Kayode Adeyemi     SWAN     Adedayo Yusuf Abdulkareem     Olokoba Abdullahi Ayinla     Eruku     Abubakar Suleiman     Babatunde Ajeigbe     Shoprite     V.O. Abioye     Shuaib Olarongbe     Yahaya Seriki     CCEPE     Yaru     Olateju Lukman     Kwara Coalition Of Business And Professional Associations     Christian Association Of Nigeria     Oya State     Azeez Bello     Ibrahim Mohammed     Ilorin West/Asa Federal Constituency     Ganiyu Taofiq     Okoolowo     Shettima     Mohammed Abdulahi     Alikinla     Saadu Gbogbo Iwe     Dogara     Tinubu     Sabi     Elerin Of Erin-Ile     School Of Nursing     Sunday Otokiti     Abdulkadri Ahmad Alaiye     Moses Rahman Popoola     Adamu Jemilat-Baki     Shehu Alimi Foundation     Diagnostic Centre     Oja-Oba     Makama Of Ilorin     Oyelere Oyinloye     Nurudeen Muhammed     Congress For National Consensus     Elekoyangan     Oke-Ogun     Olatunde Olukoya     Standard Organization Of Nigeria     Labaeka     Danhawa     Oba Of Jebba     Kwara 2015     Overland     Haliru Dantoro     Akorede