The Executive Governor of Osun State, Senator Ademola Adeleke has disclosed that his administration is partnering with the Federal Government to establish Special Economic Zone in the State.
This disclosure was made yesterday at the graduation ceremony of 1,200 Osun residents who participated in the Skills Upgrade and Entrepreneurship Development organised by the State Government through the Ministry of Commerce, Industry, Cooperatives and Empowerment in conjunction with the Bank of Industry and SMEDAN.
Governor Adeleke who was represented by his deputy, Prince Kola Adewusi said the State Government is working assiduously in making sure Osun is rightly positioned economically. He said if the state must move forward, the economic base must be strong and working.
He however noted that Osun economy must be rescued from overdependence on Federal Allocation, as this can only be achieved through diversification.
Prince Adewusi declared that the government is working on how to revamp and revive some moribund industries in the state as this will make unemployed youths in the state to be gainfully employed and in return will boost the economy of the state.
He further said, “Government is working on several other programmes through which people would be meaningfully and profitably engaged such as Revival of Moribund Industries in the State; Establishment of Special Agro Processing Centre at Erin-Osun, Establishment of Osun Special Economic Zone at Egbedi through facilitation by the Federal Government of Nigeria.
The participants were trained in different vocations of their choices such as Paints Production, Fashion Design, Beads Making, Leather Works, Soap and Chemical Production, Catering Services, Barbing, Phone Repairs, Gele/Makeup and Hairdressing, as Bank of Industry (BoI) is facilitating Seed Loans of N50,000 to each of the participants for the enhancement of their operations.
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