Kogi Govt. to establish Investment Promotion Agency

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Investment promotion agency bill has scaled second reading at the floor of Kogi state House of Assembly

The bill which is for a law to make provisions for investment promotion and other matters connected therewith twenty twenty was presented and passed second reading on the floor of the house.

Leading the debate, the leader of the house, Bello Hassan Abdullahi, said the bill which is an executive bill would harmonize all kogi state government investments,.

He said the bill sought to create an enabling environment for investors to invest in the mineral, tourism and agricultural sectors of the state.

The lawmaker also said that the bill when passed would help the state government conduct risk and benefit assessment of businesses and create a robust investment policy.

While ruling on the bill after exhaustive debate, the speaker of the House, Prince Mathew Kolawole committed the bill to the joint house committee on judiciary, protocol and justice and that of commerce and industry for further legislative action.

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