Commerce and Industry
With the peerless and impeccable leadership style of the present Administration of His Excellency, Alh. Yahaya Adoza Bello. The following are some of the achievements recorded in the Commerce and Industry sector of the State under the present administration.
These includes the 180,000 unit of 5 liters standardized indigenous measurement (Mudu) for the State was produced and commissioned on 7th December 2017 and the unit produced were distributed to the 21 Local Government Areas of the State. This will go a long way to eliminate the sharp practices of grain sellers in our local markets across the State
Also the Market Development Board, a parastatals under the Ministry of Commerce and Industry has been reconstituted by this administration on 2nd October 2017 for effective management of markets in Kogi State with Alhaji Danjura Odiba as new Chairman of the Board.
A survey of all Small and Medium Enterprises in the State is being undertaken by the Ministry in conjunctions with the small and Medium Enterprises Development Agency of Nigeria (SMEDAN).
The purpose is to collect relevant data that will facilitate planning for Development of the sector. The administration under Governor Yahaya Adoza Bello is making necessary effort to create a micro-credit facility for small and medium enterprise in the State in other to boost their productivity.
All necessary provisions have been put in place to resuscitate some of the ailing industries in the State. Some of this companies are; Sanitary Ware Company Ltd. Idah, New Nigeria Timber Company Ltd. Okura Olafia Confluence Fertilizer Company, Agbeji, Alloma Oil Mill Company Ltd. Jakura Mable Industry Ltd Lokoja, in the 2017 budget.
The Ministry has intensified efforts to increase its Internally Generated Revenue in this regard, more than N34,176,730 (Thirty Four Million, One Hundred and Seventy-Six Thousand, Seven Hundred and Thirty Naira) only has been collected as Revenue for Registrations and Renewals of Business Premises from January 2016 to November 2017. Also in the period under review, over 72 Co-operative Societies was registered in the State and a total sum of N594,000 (Five Hundred and Ninety-Four Thousand Naira) only accrued as revenue from the sales of forms and renewals of certificates of business premises in conjunction with the State Internal Revenue Service.
Trade Associations continue to exist which is a sign of progress in the State and due to largely, the style of the leader of His Excellency Alhaji Yahaya Adoza Bello who has continued to provide a conducive environment for businesses to strive.